Finance & Professional Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Data Archiving & Storage Services
Overview
Market size
$18.5B
global, USD
CAGR
7.4%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
12
tracked players
Signals
12
6 high severity
Market outlook
2031$26.4B
What changed
Demand by region
North America demand45%
Europe demand25%
Asia Pacific demand20%
Latin America demand5%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Cloud Infrastructure and Data Center Hosting40%
Hardware and Semiconductor Components25%
Software Licensing and Maintenance15%
Energy and Utility Costs10%
Technical Support and Labor10%
share of delivered cost (analyst estimate)