According to the report from market research institution Omdia, the direct billing revenue of global cloud storage services market will reach 57 billion USD in 2023. Amazon Web Services (AWS) leads the market with 30% share of storage service revenue, followed closely by Microsoft and Google. Among the first-tier suppliers in China, Alibaba leads with 6% of global revenue share, followed closely by China Telecom. The institution predicts that the global market for cloud data storage services will grow strongly and is expected to reach 128 billion USD by 2028, with a compound annual growth rate of 17% in the next five years.
机构：预计到2028年全球云存储服务市场规模达1280亿美元
Institutions: It is expected that the global cloud storage service market will reach $128 billion by 2028.
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