Grand View Research: Storage As A Service Market (2025 - 2033)

According to Grand View Research, the Storage as a Service market is experiencing rapid growth as organizations shift toward flexible, cloud-based models to manage exploding data volumes. The report highlights rising demand for scalable storage that supports backup, archive, disaster recovery, and long-term data retention without the cost and complexity of on-premises infrastructure.

The analysis emphasizes key drivers including AI adoption, regulatory compliance, digital transformation, and the need for predictable pricing as enterprises seek alternatives to traditional hyperscale cloud storage. Sustainability and energy efficiency are also becoming increasingly important factors as data centers face power and environmental constraints.

The report includes Geyser Data as part of the evolving Storage as a Service landscape, recognizing its Tape-as-a-Service approach as a differentiated model for cold data storage. Geyser Data’s tape-backed, S3-compatible archive platform addresses cost, security, and sustainability challenges by eliminating egress fees, enabling air-gapped protection, and delivering ultra-low-cost long-term storage. Its inclusion underscores growing industry interest in tape-based cloud services as a viable, modern storage strategy.

https://www.grandviewresearch.com/industry-analysis/storage-as-a-service-market-report