The Cloud Storage Wars in 2014 [INFORAPHIC]

More people are starting to use cloud storage as an additional or even primary method to store and backup their data, thanks to the increasing reliability and advancement of cloud computing technologies. The technology is being used in almost every industry imaginable, from personal use to government (more than half of the US government has already moved to the cloud).

More people are starting to use cloud storage as an additional or even primary method to store and backup their data, thanks to the increasing reliability and advancement of cloud computing technologies. The technology is being used in almost every industry imaginable, from personal use to government (more than half of the US government has already moved to the cloud).

By 2016, the cloud storage industry is expected to generate over $4.04 billion in revenue, according to a forecast by Statista – and it’s only going to go up from there. More than 70% of businesses and IT professionals have already implemented cloud storage solutions or plan to in the near future, and 3 out of 4 IT professionals attribute cloud storage as the #1 reason for migrating to the cloud.

With an overwhelming amount of cloud storage solutions, it can be hard to choose which service is best for you – are security technologies like encryption important to you? Do you use a large amount of data? Or do you need to be able to upload and share files quickly? Take a look at the Infographic below, created by Cirrus Files which highlights more cloud storage industry statistics and compares three of the top competitors in the cloud storage wars: Box, Google Drive and Dropbox.