Get Active in Our Amazing Community of Over 450,000 Peers!

Schedule mock interviews on the Meeting Board, join the latest community discussions in our Consulting Q&A and find like-minded Case Partners to connect and practice with!
Meeting Board
Consulting Q&A
Case Partner

Market size of cloud-based data storage systems?

Market sizing technology
Recent activity on May 13, 2019
1 Answer
1.9 k Views
Cristina asked on May 12, 2019

Hello everybody,

I was wondering what would be the best way to answer the question "What is the market size of cloud-based data storage systems". I suppose an approach could be picking a geography (e.g. the UK), estimating the number of companies, the % of companies that use cloud-based storage systems and what is their average monthly/yearly spend.

However, estimating the number of companies and the pricing looks complicated - do you have any suggestions on that, or better approaches in mind?

Many thanks!

I want to be notified about updates regarding this question via email

Overview of answers

Upvotes
  • Upvotes
  • Date ascending
  • Date descending
Best answer
Ian
Expert
Content Creator
 replied on May 13, 2019
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi Cristinia,

Tough one indeed. What about looking at it as a % of the economy? Start with the US, think about its size (18-20 trillion), then look at tech sector % of that, then estimated cloud-based data storage % of tech sector. Then, look at ROW by type (Europe/developed, Asia/developing) and think about their relative size and % tech compared to US..

Was this answer helpful?
7
Book a coaching

Related Products

Prepped and Primed 3

5.0
31 Reviews
  • 3 1-on-1 Coaching Sessions
  • Fully tailored and customized
  • 100+ video course included
USD 1,107 USD 989
Buy now Add to cart
Ian

Related Cases

Company case by Oliver Wyman

Oliver Wyman Case: Full Electrons Ahead

Style:
Candidate-led (usual style)
Topics:
Growth strategy, Market analysis, Market sizing, Operations strategy Growth strategy, Market analysis
Rating:
4.4
Your client, large automotive OEM WyCar, has developed its first fully electric vehicle (EV) and introduced it as a pilot on the Austrian market last year. However, sales have been far below the expected numbers. The management has engaged you to support them in understanding the reasons and advise ... Your client, large automotive OEM WyCar, has developed its first fully electric vehicle (EV) and introduced it as a pilot on the Austrian market last year. However, sales have been far below ... (Open whole case)
121.3k
Times solved
4.4
6.6k Ratings
Intermediate
Difficulty
Company case by Bain & Company

Bain Case: Old Winery

Style:
Candidate-led (usual style)
Topics:
Growth strategy, Market analysis, Market sizing, Mergers & Acquisition Growth strategy, Market analysis
Rating:
4.3
You have inherited the “Old Winery” from your grandfather, a winery that has been family-owned for five generations and can be dated back to the 16th century.Half of the eleven hectares are used to grow white grapes, the other half to grow red grapes. They are grown in a conventional way, i.e. they ... You have inherited the “Old Winery” from your grandfather, a winery that has been family-owned for five generations and can be dated back to the 16th century.Half of the eleven hectares are ... (Open whole case)
118.0k
Times solved
4.3
2.0k Ratings
Intermediate
Difficulty
Company case by Roland Berger

Roland Berger Case: Onlinestar

Style:
Candidate-led (usual style)
Topics:
Growth strategy, Market analysis, Profitability analysis Growth strategy, Market analysis
Rating:
4.3
Onlinestar, an online retailer of furniture and garden products (core business), has grown significantly in recent years as a result of an expansion of its product portfolio. The company mainly imports goods from Chinese manufacturers but also operates its own production of cat lavatories (special b ... Onlinestar, an online retailer of furniture and garden products (core business), has grown significantly in recent years as a result of an expansion of its product portfolio. The company mai ... (Open whole case)
92.2k
Times solved
4.3
1.1k Ratings
Intermediate
Difficulty
Company case by RWE Consulting

RWE Consulting Case: Floating Wind in Japan

Style:
Candidate-led (usual style)
Topics:
Market analysis, Market entry, Market sizing, Profitability analysis Market analysis, Market entry
Rating:
3.0
RWE has reliably supplied people and companies with electricity for more than 120 years with activities around the world with a clear focus on growth. The company is pushing the energy transition to climate neutrality with focus on renewable energy sources like offshore or onshore wind as well as ph ... RWE has reliably supplied people and companies with electricity for more than 120 years with activities around the world with a clear focus on growth. The company is pushing the energy trans ... (Open whole case)
16.2k
Times solved
3.0
< 100 Ratings
Intermediate
Difficulty
Company case by E.ON Inhouse Consulting

E.ON Inhouse Consulting Case: E-Mobility

Style:
Interviewer-led (McKinsey style)
Topics:
Market analysis, Market entry, Market sizing, Profitability analysis Market analysis, Market entry
Rating:
3.8
Climate change has become one of the biggest challenges in the 21st century, and with roughly 75% of all CO₂ emissions coming from energy, this sector plays a key role in the transition to a reduced carbon footprint. E.ON has taken up on the challenge to promote more sustainable and efficient energy ... Climate change has become one of the biggest challenges in the 21st century, and with roughly 75% of all CO₂ emissions coming from energy, this sector plays a key role in the transition to a ... (Open whole case)
4.9k
Times solved
3.8
< 100 Ratings
Intermediate
Difficulty

Related Case Interview Basics article(s)

Case Interview Basics

Information Technology Infrastructure Library (ITIL)

Experience the fascinating world of the Information Technology Infrastructure Library (ITIL) and get tips and tricks for seamless IT service management.

Case Interview Basics

Market Sizing

Learn more about Market Sizing Questions and how to approach them in Case Interviews. The Case Interview Basics at PrepLounge offer you everything you need!

6 related questions

Similar Questions

Guesstimates

2 answers

Market Sizing: Volume Versus Value

3 answers

Estimate the number of whatsapp messages sent per day?

20 answers

Related Products

Prepped and Primed 3

Similar Questions

Guesstimates

2 answers

Market Sizing: Volume Versus Value

3 answers

Estimate the number of whatsapp messages sent per day?

20 answers
Cookie and Privacy Settings
This website uses cookies to enable essential functions like the user login and sessions. ... (Read more) We also use cookies and third-party tools to improve your surfing experience on preplounge.com. You can choose to activate only essential cookies or all cookies. You can always change your preference in the cookie and privacy settings. This link can also be found in the footer of the site. If you need more information, please visit our privacy policy.
Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. a GDPR, to your data being processed in the USA. The USA is not considered to have adequate data protection legislation. If you need more information please view the individual settings.
I accept
Manage settings individually
Questions or Feedback?
Select category
  • Select category
  • Case Interview Preparation
  • Coaching
  • Technical Problems
  • Other
Your name
Your email address
Cancel
How likely are you to recommend us to a friend or fellow student?
0
1
2
3
4
5
6
7
8
9
10
0 = Not likely
10 = Very likely