Category:
Business
The global storage market was valued at US$117.35 billion in 2021 and will grow at a compounded annual growth rate (CAGR) of 6.3% to reach a value of US$158.99 billion by 2026. The cumulative revenue generation opportunities for storage vendors/service providers are estimated at US$705.84 billion between 2022 to 2026. The North America region was estimated to garner a share of 26.3% of the total global storage in 2021. The US is the major contributor to the growth of the storage market in this region.



