TechNavio, a tech-focused research firm has published a list of the top 10 companies in the Global Cloud Storage Gateway (CSG) Market.
CSGs are hybrid appliances that combine local storage, data protection functionality, and cloud storage to form a cost-effective, collaborative package. New research from TechNavio indicated that the market is expected to grow at CAGR of 64.30 percent from 2015-2019.
"A CSG provides an efficient solution for establishing compatibility between protocols used by cloud service providers and enterprises. It translates different protocols to ensure connectivity between the local system and cloud storage," says Faisal Ghaus, Vice President of TechNavio.
"CSGs also help facilitate efficient management of network traffic and storage space across a network."
Additionally, cloud-based storage vendors like Microsoft, Agosto and Maldivica use CSGs to monitor data traffic and ensure the safety of the data being accessed. If there is any interruption in the service or any application fails to execute, the CSG initiates a disaster recovery procedure to safeguard data and applications from disruption.
"The ability of CSGs to safeguard data in a cloud-based storage environment is one of the key factors driving the Global CSG market over the projected period," says Ghaus.
TechNavio currently has more than 3000 market research reports on a huge range of topics, including:
- Global Public and Private Cloud Storage Market 2015-2019
About TechNavio
TechNavio is a leading global technology research and advisory company.
Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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