Cloud Gateway Module Market Outlook-2030
A cloud gateway is a device or software that acts as a link between local applications and remote cloud storage. A cloud gateway allows incompatible technologies to cooperate by providing basic protocol translation and easy connection.
Hardware or a virtual machine (VM) image can be used as a gateway. Many cloud storage gateway systems like AWS, today include data deduplication and compression features to make the most out of available bandwidth and transmit data as quickly as possible because cloud providers charge for both over-the-wire transfers and storage space, reducing the digital footprint that saves costs.
Snapshots and version control, the ability to use local storage as a cache, automatic tiered storage, and encryption are all popular features. The growth in volume of data on digital networks among government agencies and commercial organizations encourage cloud storage usage, which drives the cloud gateway module market.
The global cloud gateway module market is segmented on the basis of type, deployment model, organization size, industry vertical, and region. Based on type, the market is divided into virtual cloud storage gateway appliances and physical cloud storage gateway appliances. In terms of deployment model, the market is categorized into public cloud, private cloud, and hybrid cloud. On the basis of organization size, the market is divided into large enterprise and small & medium-sized enterprises. On the basis of industry vertical, the market is divided into healthcare, manufacturing, retail, government, education, media & entertainment, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global cloud gateway module industry include Microsoft Corporation, Netapp, EMC Corporation, Maldivica, Ctera Networks Corporation, Xactly Corporation, Nasuni Corporation, Amazon Web Services, Agosto, Inc., Panzura. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global cloud gateway module market.
COVID-19 Impact Analysis
Since December 2019, the COVID-19 virus has been impacting businesses all around the world. The constant rise in the number of virus-infected people has prompted governments to impose restrictions on people and commercial traffic. Manufacturing and construction sectors, school, educational institutions, retail malls, and office buildings have all had their operations temporarily halted, resulting in decreased air pollution.
Factory shutdown and border closures have disrupted manufacturing, distribution, and sales in a variety of industries, ultimately halting the operations. This has resulted the decline in growth of cloud gateway module market share globally.
Top Impacting Factors
Every organization's IT staff recognizes the necessity to handle the growth in volume of unstructured data. Businesses seek to go to cloud storage solutions in order to provide these features while also lowering expenses. Many IT companies have resorted to cloud-based solutions like object storage to store data while satisfying criteria for durability, availability, performance, and keeping the prices low.
For instance, Amazon S3 has grown in popularity to the point where it is now a common application protocol in the industry, driving demand for on-premises object-based storage. In addition, due to growing database in the healthcare sector and the migration to the cloud for database protection, the cloud gateway module market is projected to grow significantly in the future.
New Product Launches to Flourish the Market
On May 2021, AWS(Amazon Web Services), a subsidiary of Amazon providing on-demand cloud computing platforms, has introduced Amazon FSx File Gateway, a new type of AWS Storage Gateway that allows users to access data stored in the cloud using Amazon FSx for Windows File Server rather than needing and operating on-premises file servers. By keeping a local cache of frequently accessed data, Amazon FSx File Gateway enhances on-premises access to file shares. The public cloud provider AWS Storage Gateway provides clients a hybrid cloud storage solution with nearly limitless storage space at cheaper rates.
Microsoft has begun offering its Azure Data Box Disk product in Japan as of April 2019. Previously, it was only available in the U.S., the European Union, Canada, and Australia. Data Box Disk is an SSD-based alternative for transferring data to Azure while offline. Data Box Gateway may also be used to transport data to the cloud for purposes such as cloud archiving and disaster recovery.
Surge in Usage in Healthcare Sector
The healthcare sector is evolving toward health information technology, which performs vital life-saving activities and is made up of linked, networked systems that use wireless technologies, making these systems increasingly vulnerable to data breaches.Furthermore, the healthcare business was severely hit by data breaches in 2018. This is mostly due to the company's modest IT expenditure in comparison to other private companies. According to Gemalto, the healthcare business continues to be the industry with the most occurrences (27%) in 2018. Furthermore, healthcare data breaches are now being reported at a rate of more than once per day, according to HIPAA.
Key Benefits of the Report
- This study presents the analytical depiction of the cloud gateway module market growth along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the cloud gateway module market trends.
- The current market is quantitatively analyzed to highlight the growth scenario of the cloud gateway module market forecast.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
- The report provides a detailed cloud gateway module market analysis based on competitive intensity and how the competition will take shape in coming years
Questions Answered in the Cloud Gateway Module Market Research Report
- Which are the leading players active in the cloud gateway module market size?
- What are the current trends that will influence the cloud gateway module market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
- What is cloud gateway module?
- What does a cloud gateway module allow organizations to achieve?
- Which technologies combine to make cloud gateway module a critical organizational asset?
- What are the key benefits of the cloud gateway module market report?
- Which niches should companies associated with recent improvements establish a presence in?
Cloud Gateway Module Market Report Highlights
| Aspects | Details |
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 Key Market Players | Akana, Mashery, Layer 7, Dell Boomi, TIBCO, Nginx, MuleSoft, SnapLogic, Apigee, Axway |
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