Cloud Storage Buyer's Guide
Current Industry Trends & Market Leaders
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Vendors have taken special care to address pressing privacy and security concerns over the last five years. Many business owners that once feared entrusting their files to a third-party have embraced the trend to alleviate the cost, space, or administrative burden of maintaining a full backup system on-premise. Additionally, many vendors have split their offerings to appeal to both businesses and consumers. As a result, the cloud storage industry has evolved into a highly competitive market, with a projected worth of over $56 billion by 2019.