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Cloud Storage Market Size, Share and Forecast 2026-2036

The global cloud storage market is worth USD 87.8 bn in 2026 and is forecast to reach USD 355 bn by 2036, growing at a 15.0% CAGR. United States is the largest country market and Object storage is the largest by type segment.

USD 87.8 bnMarket size 2026
USD 355 bnForecast 2036
15.0%CAGR 2026-2036
United StatesLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global cloud storage market is worth USD 87.8 bn in 2026 and is forecast to reach USD 355 bn by 2036, growing at a 15.0% CAGR. United States is the largest country market and Object storage is the largest by type segment.

ScopeStorage space and data services sold over the internet: object, file and block storage from cloud providers plus personal and business cloud drives.
IndustryTechnology
Value 2025USD 75.0 bn
Value 2026USD 87.8 bn
Value 2036USD 355 bn
CAGR 2026-203615.0%
Volume 20261,523 exabytes
Volume 20369,270 exabytes
Average price 2026USD 57,600,000 per exabyte
Report priceStarts from USD 1,999
PublishedNovember 2026

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Cloud Storage market size and forecast, 2026-2036

Exhibit 1The global cloud storage market is forecast to grow from USD 87.8 bn in 2026 to USD 355 bn by 2036, more than triplingGlobal market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 15.0%
Cloud Storage market value, 2025 to 2036Market value by year. 2025: USD 75.0 bn; 2026: USD 87.8 bn; 2027: USD 101 bn; 2028: USD 116 bn; 2029: USD 133 bn; 2030: USD 153 bn; 2031: USD 176 bn; 2032: USD 203 bn; 2033: USD 233 bn; 2034: USD 268 bn; 2035: USD 309 bn; 2036: USD 355 bn. Compound annual growth rate 2026 to 2036: 15.0%.202587.8 bn2026176 bn2031355 bn203615.0% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 87.8 bn
2027USD 101 bn
2028USD 116 bn
2029USD 133 bn
2030USD 153 bn
2031USD 176 bn
2032USD 203 bn
2033USD 233 bn
2034USD 268 bn
2035USD 309 bn
2036USD 355 bn

Cloud Storage market segmentation

By type

Exhibit 2Object storage is the largest segment by type, with 36.0% of 2026 revenueEstimated share of 2026 global revenue, by type
Cloud Storage market share by type, 2026Share of 2026 revenue by type. Object storage: 36.0%; File and block storage: 32.0%; Backup and archive: 18.0%; Personal and collaboration storage: 14.0%.Object storage36.0%File and block storage32.0%Backup and archive18.0%Personal and collaboration storage14.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Object storage36.0%40.7%USD 31.6 bn16.4%
File and block storage32.0%30.4%USD 28.1 bn14.4%
Backup and archive18.0%18.7%USD 15.8 bn15.4%
Personal and collaboration storage14.0%10.2%USD 12.3 bn11.4%

By customer

Exhibit 3Large enterprise adds the most revenue by customer, growing from USD 45.6 bn in 2026 to USD 193 bn by 2036Estimated revenue in USD by customer, 2026 and 2036 forecast
Cloud Storage market by customer, 2026 and 2036Revenue by customer in 2026 and 2036. Large enterprise: USD 45.6 bn in 2026, USD 193 bn in 2036, change +322%; Small and medium business: USD 21.1 bn in 2026, USD 97.0 bn in 2036, change +361%; Consumers: USD 21.1 bn in 2026, USD 65.3 bn in 2036, change +210%.20262036 forecastChangeLarge enterprise+322%45.6 bn193 bnSmall and medium business+361%21.1 bn97.0 bnConsumers+210%21.1 bn65.3 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Large enterprise52.0%54.3%USD 45.6 bn15.5%
Small and medium business24.0%27.3%USD 21.1 bn16.5%
Consumers24.0%18.4%USD 21.1 bn12.0%

By deployment

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Public cloud68.0%70.0%USD 59.7 bn15.3%
Private cloud18.0%14.0%USD 15.8 bn12.2%
Hybrid14.0%16.0%USD 12.3 bn16.6%

By storage tier

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Hot46.0%42.0%USD 40.4 bn14.0%
Cool28.0%28.0%USD 24.6 bn15.0%
Archive26.0%30.0%USD 22.8 bn16.7%

By industry

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
IT and telecom24.0%22.0%USD 21.1 bn14.0%
Banking and finance18.0%18.0%USD 15.8 bn15.0%
Media and entertainment14.0%13.0%USD 12.3 bn14.2%
Healthcare12.0%14.0%USD 10.5 bn16.8%
Retail14.0%14.0%USD 12.3 bn15.0%
Other industries18.0%19.0%USD 15.8 bn15.6%

Top 25 countries for cloud storage by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 86.5% of 2026 revenue and the 25 countries below together hold 96.2%.

Exhibit 4United States is the largest country market at USD 36.9 bn in 2026, and the three largest countries hold 60.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Cloud Storage market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 36.9 bn, 42.0%; China: USD 11.4 bn, 13.0%; United Kingdom: USD 4.4 bn, 5.0%; Germany: USD 4.4 bn, 5.0%; Japan: USD 4.4 bn, 5.0%; India: USD 3.5 bn, 4.0%; France: USD 3.1 bn, 3.5%; Canada: USD 2.6 bn, 3.0%; South Korea: USD 2.6 bn, 3.0%; Australia: USD 2.6 bn, 3.0%.United States36.9 bn 42.0%China11.4 bn 13.0%United Kingdom4.4 bn 5.0%Germany4.4 bn 5.0%Japan4.4 bn 5.0%India3.5 bn 4.0%France3.1 bn 3.5%Canada2.6 bn 3.0%South Korea2.6 bn 3.0%Australia2.6 bn 3.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 36.9 bn42.0%USD 135 bn13.8%
2ChinaUSD 11.4 bn13.0%USD 54.0 bn16.8%
3United KingdomUSD 4.4 bn5.0%USD 16.7 bn14.3%
4GermanyUSD 4.4 bn5.0%USD 17.4 bn14.8%
5JapanUSD 4.4 bn5.0%USD 15.3 bn13.3%
6IndiaUSD 3.5 bn4.0%USD 24.1 bn21.3%
7FranceUSD 3.1 bn3.5%USD 11.7 bn14.3%
8CanadaUSD 2.6 bn3.0%USD 9.9 bn14.2%
9South KoreaUSD 2.6 bn3.0%USD 11.0 bn15.4%
10AustraliaUSD 2.6 bn3.0%USD 10.6 bn15.0%
11BrazilUSD 1.9 bn2.2%USD 8.1 bn15.5%
12ItalyUSD 1.5 bn1.7%USD 6.3 bn15.5%
13SpainUSD 1.2 bn1.3%USD 4.9 bn15.5%
14NetherlandsUSD 913 mn1.0%USD 3.8 bn15.4%
15SingaporeUSD 711 mn0.8%USD 3.0 bn15.4%
16RussiaUSD 553 mn0.6%USD 2.3 bn15.5%
17SwedenUSD 430 mn0.5%USD 1.8 bn15.5%
18SwitzerlandUSD 333 mn0.4%USD 1.4 bn15.6%
19IsraelUSD 263 mn0.3%USD 1.1 bn15.4%
20United Arab EmiratesUSD 202 mn0.2%USD 852 mn15.5%
21MexicoUSD 158 mn0.2%USD 674 mn15.6%
22IndonesiaUSD 123 mn0.1%USD 674 mn18.6%
23PolandUSD 97 mn0.1%USD 426 mn16.0%
24TaiwanUSD 79 mn0.09%USD 320 mn15.0%
25IrelandUSD 61 mn0.07%USD 248 mn15.0%
Rest of worldUSD 3.3 bn3.8%USD 13.7 bn15.2%
Exhibit 5United States and China account for 52% of the USD 267 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Cloud Storage market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 87.8 bn. United States: +USD 97.7 bn; China: +USD 42.6 bn; India: +USD 20.6 bn; Germany: +USD 13.0 bn; United Kingdom: +USD 12.3 bn; 20 other countries: +USD 70.7 bn; Rest of world: +USD 10.3 bn. Market value 2036: USD 355 bn.Market value 202687.8 bnUnited States+97.7 bnChina+42.6 bnIndia+20.6 bnGermany+13.0 bnUnited Kingdom+12.3 bn20 other countries+70.7 bnRest of world+10.3 bnMarket value 2036355 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Amazon Web Services
  • Microsoft
  • Google
  • Alibaba Cloud
  • Oracle
  • IBM
  • Huawei Cloud
  • Baidu

Group 2: Regional and specialist players

  • Dropbox
  • Box
  • Backblaze
  • Wasabi
  • Apple
  • Tencent Cloud
  • IDrive
  • MEGA
  • Synology
  • Seagate Lyve Cloud

Group 3: Emerging and niche players

  • Cloudflare
  • Storj
  • Egnyte
  • pCloud
  • Sync.com
  • Internxt
  • Filebase

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the cloud storage market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 15.0% is calculated from the resulting values.

The market is divided by type, by customer, by deployment, by storage tier, by industry. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the cloud storage market?

The global cloud storage market is estimated at USD 75.0 bn in 2025 and USD 87.8 bn in 2026.

How fast will the cloud storage market grow?

It is forecast to reach USD 355 bn by 2036, a compound annual growth rate of 15.0% from 2026, an increase of USD 267 bn.

Which country is the largest market for cloud storage?

United States is the largest market by revenue at USD 36.9 bn in 2026, 42.0% of the global total. The three largest countries together hold 60.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 21.3% a year from 2026 to 2036.

Which cloud storage segment is largest?

In the by type split, Object storage is the largest segment with 36.0% of 2026 revenue.

Who are the leading cloud storage companies?

Global leaders include Amazon Web Services, Microsoft, Google, Alibaba Cloud.

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