Cloud Storage Market for Energy and Power Industry - Forecasts from 2018 to 2023
The cloud storage market for energy and power industry was valued at US$1.786 billion in 2017 and is projected to expand at a CAGR of 25.68% over the forecast period to reach US$7.037 billion by 2023. Utility sector is also tapping the opportunities provided by cloud computing solutions including data storage for smart grids and other storage-intensive applications. Cloud applications for energy and power sector include scalable computer capacity for outage management, power trading, and risk analytics among other applications. Thus, increasing global investments in smart grids to reduce power consumption is expected to boost the adoption of cloud computing solutions, which in turn, will bolster the growth of cloud storage market throughout the forecast period.
By Solution
By solution, the cloud storage market for energy and power industry is segmented as primary and backup storage. The market for backup storage is expected to witness an impressive growth as enterprises continue to drift towards cloud for backing up their critical data and IT environment to ensure business continuity.
By Deployment Model
By deployment model, the cloud storage market for energy and power industry is segmented as public, private and hybrid cloud. Public Cloud holds a significant share in the market on account of the shift towards smart energy infrastructure and advanced metering infrastructure.
By Services
By services, the cloud storage market for energy and power industry is segmented as integration, consulting and others. All these services are provided to the customers by the cloud storage solution provider so as to help businesses to boost their productivity in an efficient manner.
By Enterprise size
By enterprise size, the cloud storage market for energy and power industry is segmented as large and small and medium-sized business (SMB). The enterprises in this sector are slowly adopting cloud solutions as the demand for smart grids are increasing over the years. For an instance, Tullow oils is utilizing hightail to send oil well data, maps, and GPS information securely through its cloud platform.
By Geography
Geographically, the cloud storage market for energy and power industry is segmented as North America, Europe, Middle East & Africa, Asia-Pacific and South America. Europe holds a significant share in the market owing to the increasing adoption of cloud solutions by the manufacturers in the countries such as U.K so as to handle the approaching influx of data and to utilize that data effectively.
Competitive Intelligence
The cloud storage market for energy and power industry is competitive owing to the increasing adoption of cloud storage solutions in the education sector .The key players include Amazon Web Services, Inc., Microsoft, IBM, Google, and OpenText Corp. among others.
Segmentation
The cloud storage market for energy and power industry has been analyzed through following segments:
By Solution
Primary Storage
Backup Storage
By Deployment Model
Public Cloud
Private Cloud
Hybrid Cloud
By Services
Integration
Consulting
Others
By Enterprise Size
Large
SMB (Small and Medium-sized business)
By Geography
North America
US
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
UK
Germany
France
Italy
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
China
India
Japan
Australia
Others
By Solution
By solution, the cloud storage market for energy and power industry is segmented as primary and backup storage. The market for backup storage is expected to witness an impressive growth as enterprises continue to drift towards cloud for backing up their critical data and IT environment to ensure business continuity.
By Deployment Model
By deployment model, the cloud storage market for energy and power industry is segmented as public, private and hybrid cloud. Public Cloud holds a significant share in the market on account of the shift towards smart energy infrastructure and advanced metering infrastructure.
By Services
By services, the cloud storage market for energy and power industry is segmented as integration, consulting and others. All these services are provided to the customers by the cloud storage solution provider so as to help businesses to boost their productivity in an efficient manner.
By Enterprise size
By enterprise size, the cloud storage market for energy and power industry is segmented as large and small and medium-sized business (SMB). The enterprises in this sector are slowly adopting cloud solutions as the demand for smart grids are increasing over the years. For an instance, Tullow oils is utilizing hightail to send oil well data, maps, and GPS information securely through its cloud platform.
By Geography
Geographically, the cloud storage market for energy and power industry is segmented as North America, Europe, Middle East & Africa, Asia-Pacific and South America. Europe holds a significant share in the market owing to the increasing adoption of cloud solutions by the manufacturers in the countries such as U.K so as to handle the approaching influx of data and to utilize that data effectively.
Competitive Intelligence
The cloud storage market for energy and power industry is competitive owing to the increasing adoption of cloud storage solutions in the education sector .The key players include Amazon Web Services, Inc., Microsoft, IBM, Google, and OpenText Corp. among others.
Segmentation
The cloud storage market for energy and power industry has been analyzed through following segments:
By Solution
Primary Storage
Backup Storage
By Deployment Model
Public Cloud
Private Cloud
Hybrid Cloud
By Services
Integration
Consulting
Others
By Enterprise Size
Large
SMB (Small and Medium-sized business)
By Geography
North America
US
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
UK
Germany
France
Italy
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
China
India
Japan
Australia
Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. CLOUD STORAGE MARKET FOR ENERGY AND POWER INDUSTRY FORECAST BY SOLUTION
5.1. Primary Storage
5.2. Backup Storage
6. CLOUD STORAGE MARKET FOR ENERGY AND POWER INDUSTRY FORECAST BY DEPLOYMENT MODEL
6.1. Public Cloud
6.2. Private Cloud
6.3. Hybrid Cloud
7. CLOUD STORAGE MARKET FOR ENERGY AND POWER INDUSTRY FORECAST BY SERVICES
7.1. Integration
7.2. Consulting
7.3. Others
8. CLOUD STORAGE MARKET FOR ENERGY AND POWER INDUSTRY FORECAST BY ENTERPRISE SIZE
8.1. Large
8.2. SMB (Small and Medium-sized business)
9. CLOUD STORAGE MARKET FOR ENERGY AND POWER INDUSTRY FORECAST BY GEOGRAPHY
9.1. North America
9.1.1. United States
9.1.2. Canada
9.1.3. Mexico
9.1.4. Others
9.2. South America
9.2.1. Brazil
9.2.2. Argentina
9.2.3. Others
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. Italy
9.3.4. United Kingdom
9.3.5. Others
9.4. Middle East and Africa
9.4.1. Israel
9.4.2. Saudi Arabia
9.4.3. UAE
9.4.4. Others
9.5. Asia Pacific
9.5.1. Japan
9.5.2. China
9.5.3. India
9.5.4. Australia
9.5.5. Malaysia
9.5.6. Others
10. COMPETITIVE INTELLIGENCE
10.1. Recent Deals and Investment
10.2. Strategies of Key Players
10.3. Investment Analysis
11. COMPANY PROFILES
11.1. Amazon Web Services, Inc.
11.1.1. Company Overview
11.1.2. Financials
11.1.3. Products and Services
11.1.4. Recent Developments
11.2. Microsoft
11.2.1. Company Overview
11.2.2. Financials
11.2.3. Products and Services
11.2.4. Recent Developments
11.3. Google
11.3.1. Company Overview
11.3.2. Financials
11.3.3. Products and Services
11.3.4. Recent Developments
11.4. Unicorn Systems a.s.
11.4.1. Company Overview
11.4.2. Financials
11.4.3. Products and Services
11.4.4. Recent Developments
11.5. OpenText Corp.
11.5.1. Company Overview
11.5.2. Financials
11.5.3. Products and Services
11.5.4. Recent Developments
11.6. IBM
11.6.1. Company Overview
11.6.2. Financials
11.6.3. Products and Services
11.6.4. Recent Developments
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. CLOUD STORAGE MARKET FOR ENERGY AND POWER INDUSTRY FORECAST BY SOLUTION
5.1. Primary Storage
5.2. Backup Storage
6. CLOUD STORAGE MARKET FOR ENERGY AND POWER INDUSTRY FORECAST BY DEPLOYMENT MODEL
6.1. Public Cloud
6.2. Private Cloud
6.3. Hybrid Cloud
7. CLOUD STORAGE MARKET FOR ENERGY AND POWER INDUSTRY FORECAST BY SERVICES
7.1. Integration
7.2. Consulting
7.3. Others
8. CLOUD STORAGE MARKET FOR ENERGY AND POWER INDUSTRY FORECAST BY ENTERPRISE SIZE
8.1. Large
8.2. SMB (Small and Medium-sized business)
9. CLOUD STORAGE MARKET FOR ENERGY AND POWER INDUSTRY FORECAST BY GEOGRAPHY
9.1. North America
9.1.1. United States
9.1.2. Canada
9.1.3. Mexico
9.1.4. Others
9.2. South America
9.2.1. Brazil
9.2.2. Argentina
9.2.3. Others
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. Italy
9.3.4. United Kingdom
9.3.5. Others
9.4. Middle East and Africa
9.4.1. Israel
9.4.2. Saudi Arabia
9.4.3. UAE
9.4.4. Others
9.5. Asia Pacific
9.5.1. Japan
9.5.2. China
9.5.3. India
9.5.4. Australia
9.5.5. Malaysia
9.5.6. Others
10. COMPETITIVE INTELLIGENCE
10.1. Recent Deals and Investment
10.2. Strategies of Key Players
10.3. Investment Analysis
11. COMPANY PROFILES
11.1. Amazon Web Services, Inc.
11.1.1. Company Overview
11.1.2. Financials
11.1.3. Products and Services
11.1.4. Recent Developments
11.2. Microsoft
11.2.1. Company Overview
11.2.2. Financials
11.2.3. Products and Services
11.2.4. Recent Developments
11.3. Google
11.3.1. Company Overview
11.3.2. Financials
11.3.3. Products and Services
11.3.4. Recent Developments
11.4. Unicorn Systems a.s.
11.4.1. Company Overview
11.4.2. Financials
11.4.3. Products and Services
11.4.4. Recent Developments
11.5. OpenText Corp.
11.5.1. Company Overview
11.5.2. Financials
11.5.3. Products and Services
11.5.4. Recent Developments
11.6. IBM
11.6.1. Company Overview
11.6.2. Financials
11.6.3. Products and Services
11.6.4. Recent Developments
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER
