The cloud storage market - France

Cloud storage is a form of computer data storage used either by private individuals or by companies, where data is stored in logical pools. This data is commonly referred to as "stored on the cloud". Cloud storage is a technology that enables data to be stored on internal or external servers. Cloud storage should not be confused with cloud computing, which enables the remote use of an IT tool such as a computer. There are two types of cloud storage: public and private. Public clouds use infrastructures shared between individuals or companies (data is stored on the same servers), while private clouds are specific to a single company (one server per company). The global market is dynamic, and is expected to grow at a CAGR of 22.4% between 2024 and 2032. The cloud market is dominated by American companies Amazon, Microsoft and Google, which together will account for 66% of the global market by 2022. The cloud storage market in France is also growing, with an expected 42% increase in market size between 2021 and 2025. Cloud sovereignty is a major issue for the years to come. French cloud service providers are currently lagging behind the big American players, and are striving to develop competitive offerings to reduce this gap. They must also rise to the challenge of guaranteeing the protection of corporate and institutional data against surveillance under US law. Indeed, the adoption of American cloud storage services exposes companies to two laws: the Patriot Act and the Cloud Act.