Cloud Native Storage Market Product Overview, Research, Share by Types and Region till 2030
The global cloud native storage market was valued at USD 16.37 billion in 2023 and is projected to reach USD 65.04 billion by 2030, growing at a robust CAGR of 22.2% from 2024 to 2030. This strong growth highlights the increasing importance of cloud-native storage technologies in addressing the challenges of modern enterprise data management. One of the primary growth drivers for this market is the rapid increase in data volume generated by enterprises. Businesses across diverse industries including finance, healthcare, retail, media, and manufacturing are producing vast amounts of data through sources such as IoT devices, social media interactions, digital transaction records, and connected business processes. Managing this ever expanding data requires scalable, efficient, and cost-effective storage solutions that can adapt to dynamic workloads. Cloud native storage technologies fulfill this demand by providing flexible, distributed, and resilient storage systems ...