Microsoft Azure is one of the largest cloud service providers with 22% of the market share.

The global cloud storage market value was worth $70.19 billion in 2021, and it is expected to be worth $376.37 billion by 2029, registering a compound annual growth rate (CAGR) of 24% from 2022 to 2029. See below to learn all about Microsoft Azure’s cloud storage offering: Azure and the cloud storage market Azure also supports a large variety of programming languages, tools, and frameworks, including Microsoft-specific and third-party services.Īnd to help businesses to start putting new ideas into action, Azure offers more many cloud computing products and services, such as Azure Functions, Microsoft Defender for Cloud, and Azure Kubernetes Service (AKS). It supports rapidly changing business requirements by delivering several types of cloud computing services with storage, including software-as-a-service (SaaS), platform-as-a-service (PaaS), and infrastructure-as-a-service (IaaS). Microsoft Azure is one of the most widely adopted cloud providers that offers various cloud storage services through Microsoft-managed data centers.

Microsoft cloud storage cost