43% Of Data To Be Stored In Public Cloud By 2024, On Average
StorageNewsletter.com, January 25th, 2023
84% of enterprises expect to increase public cloud storage budget and amount of data stored in the public cloud in next 12 months.
Enterprises WW budget increasing for growing storage needs, as public cloud storage capacity continues to grow at a relentless pace
- 43% of global data to be stored in public cloud by 2024, on average
- 84% of enterprises expect to increase public cloud storage budget and the amount of data stored in the public cloud in the next 12 months
- 89% of organizations migrated data from on-premises storage to public cloud in the last year
- 70% of enterprises' global storage capacity is stored in public and/or dedicated cloud environments today, and average capacity reaching 12.7PB, with North America leading at 13.6PB
Enterprises are going all-in on cloud storage, with average stored capacity in the public cloud expected to reach 43% of their total storage footprint by 2024