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Global cloud and internet of things (IoT) storage technologies market insights through 2022 explored in latest research

IT Market Research

The global market for cloud and Internet of Things (IoT) storage technologies will grow from $12.6 billion in 2017 to $27.3 billion by 2022, at a compound annual growth rate (CAGR) of 16.7% for the period of 2017-2022.

New Report titled "Cloud and Internet of Things (IoT)…rage Technologies Make an Inquiry about this news: Global Market Through 2022" has been added by Market Research HUB to its vast colleciton of market reports. While they address different markets, cloud and IoT storage are considered together in this report, as they both require a transformation of the storage infrastructure.

The transformation is from traditional platforms to a highly efficient, scalable and dynamic infrastructure. In general, they share the requirement to provide highly scalable flexibility being able to support the lowest bandwidth data exchange to the highest scale video, multimedia or virtual reality session.