The Report Covers Global Self Storage Industry Trends, Overview & Statistics and the Market is Segmented by User Type (Personal and Business) and Geography (North America (United States, Canada), Europe (United Kingdom, Germany, France, Spain, Italy, Benelux, Nordics, and the Rest of Europe), Asia Pacific (China, Japan, Taiwan, South Korea, Malaysia, Hong Kong, Australia, and the Rest of Asia Pacific), Latin America, Middle East & Africa). The Study Tracks the Number and Total Lettable Area of Self-Storage Facilities Across the World, With Indications of Their Occupancy Rate.

By 2028, the global self-storage market is forecast to be worth 72.15 billion U.S. dollars, up from 58.26 billion U.S. dollars in 2023. In 2018, the U.S. dominated the market accounting for 90 percent of self-storage inventory worldwide.

The Report Covers United States Self Storage Companies and It is Segmented by User Type (Personal and Business). The Market Sizes and Forecasts are Provided in Terms of Value in (USD) for all the Segments.

In 2020, there were 5,234 self-storage facilities in Texas, making it the state with the highest number of such facilities in the United States. California also had a high number, with 3,728 self-storage facilities.

The North Carolina Self-Storage Market is segmented by User Type (Personal and Business) and Geography (Charlotte, Raleigh, Greensboro, Durham, Winston-Salem, and the Rest of North Carolina). The market sizes and forecasts are provided in terms of value (USD million) for all the segments.

The global self storage market size was valued at 98,980 million in 2025 and is projected to reach 1,88,080 million by 2033, exhibiting a CAGR of 7.3% during the forecast period. The market growth is attributed to the increasing urbanization, rising disposable income, and growing demand for storage space due to space constraints in urban areas. The rising trend of online shopping and e-commerce has also contributed to the growth of the market. The market size has been segmented into type and application. Based on type, the climate-controlled self storage segment is expected to grow at a significant CAGR during the forecast period owing to the increasing demand for temperature-controlled storage facilities for sensitive items such as electronics, furniture, and artwork. Based on application, the personal use segment is expected to dominate the market throughout the forecast period due to the growing number of individuals renting storage units for personal belongings, seasonal items, and excess household goods. The commercial use segment is also expected to grow steadily due to the increasing demand for storage space by businesses for inventory, equipment, and other business-related items.

Self-Storage Market size was valued at USD 56.81 Billion in 2024 and is projected to reach USD 89.87 Billion by 2031, growing at a CAGR of 6% from 2024 to 2031.

Self-Storage Market Drivers

Urbanization and Space Constraints: As urban areas become more densely populated, living spaces shrink, creating a need for off-site storage solutions.
Residential Mobility: People moving homes, downsizing, or undergoing life transitions (like divorce or inheritance) often require temporary storage for their belongings.
Business Needs: Businesses use self-storage for various purposes, such as storing excess inventory, documents, equipment, and seasonal items.
Economic Growth: A growing economy can lead to increased consumer spending and business activity, both of which can drive demand for self-storage.

This statistic shows the share of self-storage inventory in the United States compared with the rest of the world in 2018. In 2018, 90 percent of total self-storage inventory was located in the United States, making it by far the largest self-storage market worldwide.

Hong Kong Self-Storage Market size was valued at USD 813.58 Million in 2024 and is projected to reach USD 1326.37 Million by 2032, growing at a CAGR of 6.3% during the forecast period 2026-2032.

Hong Kong Self-Storage Market Drivers

1. Rising property prices and a shortage of residential space
The typical apartment size in Hong Kong is between 400 and 500 square feet, making it one of the smallest cities in the world.
Residents are compelled by high real estate costs to make the most of their living space, which raises the demand for self-storage facilities for furniture, personal possessions, and seasonal goods.
2. Development of SMEs and E-Commerce
Additional space is needed for inventory storage due to the growing e-commerce industry and the rise in small and medium-sized businesses (SMEs).
Self-storage facilities are a more affordable option for startups and internet shops than renting commercial warehouses.
3. Trends in Decluttering and Shifting Consumer Lifestyles
The need for exterior storage solutions has grown as a result of the minimalist lifestyle trend and growing knowledge of the advantages of decluttering.
Sports equipment, decorations, and seasonal apparel are frequently kept in self-storage by locals.

India self storage market size reached USD 2.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.6 Billion by 2033, exhibiting a growth rate (CAGR) of 5.1% during ​2025-2033​. The trend of urbanization and population growth in India, which leads to increased demand for storage space as people move into smaller living spaces or temporary accommodations, is driving the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on storage unit size and end use.

Global Self Storage Market to hit USD 92.61B by 2029 growing at 7.7% CAGR. Explore trends, drivers, and competition for strategic insights with The Business Research Company.

Self-Storage Market is estimated to be valued at US$ 61.00 Bn in 2025 and is expected to expand at annual growth rate of 5.6% , reaching US$ 89.39 Bn by 2032.

According to Cognitive Market Research, the global self-storage software market size is USD 4152.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 13.20% from 2024 to 2031.

The North America self-storage software marke held the 40% of the global revenue with a market size of USD 1660.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.4% from 2024 to 2031.
Europe self storage software market accounted for a share of 30% of the global market size of USD 1245.66 million.
Asia Pacific self storage software market held 23% of the global revenue with a market size of USD 955.01 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.2% from 2024 to 2031.
Latin America self storage software market held 5% of the global revenue with a market size of USD 207.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.
Middle East and Africa self storage software market held 2% of the global revenue with a market size of USD 83.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.9% from 2024 to 2031.
The cloud-based segment are set to rise as the cloud-based self-storage software has various benefits, including simple access to data from any place, scalability to suit expanding storage facilities, and cost effectiveness. 
On-premise self-storage management software is installed and executed locally on the user's computer system, as opposed to being hosted on a distant server or the cloud. On-premise self-storage management software's capability varies.

Growing Knowledge Self Storage Software Benefits and Urbanisation to Propel the Market Growth

Increasing urbanization and benefits related to self storage software are one of the factors driving the market growth. The facility's location and price are the main competitive considerations in this business. Occupancy rates are determined by seasonal demands. The great convenience that self-storage software offers is the main advantage of using it. This is mostly true if the company can access the data from any location with Internet access by utilising a cloud-based self-storage system.

A storage facility map is one way that certain software systems display the number of available and occupied storage units. The market is expected to grow as a result of the world's rising rate of urbanisation and better economic prospects, particularly in emerging economies. Cloud-based solutions are increasingly adopted. Cloud-based self-storage software has various benefits, including simple access to data from any place, scalability to suit expanding storage facilities, and cost effectiveness. With the growing popularity of cloud-based storage solutions in a variety of businesses, the self-storage segment is also transitioning to cloud-based software.

Urban people often use self-storage facilities due to the increasing frequency with which they move about and the increasing cost of living in cities with limited wandering areas. In line with this, the fast growing global population increases the demand for greater storage as families accumulate more material goods, promoting market expansion.

Increasing Use of Innovative Storage Technologies Such to Boost the Market Expansion 

Most modern software suppliers offer cloud software, which has the greatest potential benefits for the end user. Most trustworthy companies want to host their data on established and dependable data networks. This enables client data to be stored near the customer, resulting in a quick and secure software connection. This also allows the data to be duplicated on other servers, ensuring data security in the event of corruption or natural disasters because the software is hosted. Cloud-based self-storage software does not require mailing a disc to the facility and installing it on a PC. Many programmes can be run directly in the Web browser. The customer's ease of access generally results in fewer operational costs.

Rising usage of new technologies such as Artificial Intelligence (AI) and the Internet Of Things (I0T) anticipated to drive the market growth during the forecast period. AI-powered self storage software may automate operations such as billing, unit allocation, and customer support, resulting in greater operational efficiency and cost savings. Self-storage providers...

Europe Self Storage Market size was valued at USD 5.9 Billion in 2024 and is projected to reach USD 9.9 Billion by 2032, growing at a CAGR of 6.8% from 2026 to 2032.

Europe Self Storage Market: Definition/Overview

Self-storage is a service that allows people or corporations to hire storage space for their personal or commercial goods. These storage facilities are often offered in a variety of sizes, ranging from modest lockers to big garage-style spaces, and are normally accessible 24 hours a day. Self-storage facilities in Europe offer a flexible alternative for individuals who need extra room for items such as furniture, seasonal goods, or personal effects, as well as businesses that require additional storage for inventory, papers, or equipment.

Self-storage options in Europe are diverse, meeting both personal and business needs. Individuals utilize these services for temporary storage throughout life transitions such as relocation, travel, and downsizing.

The German Self-Storage Market is Segmented by User Type (Personal, Business). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

This dataset provides information on 1,924 in New York, United States as of March, 2025. It includes details such as email addresses (where publicly available), phone numbers (where publicly available), and geocoded addresses. Explore market trends, identify potential business partners, and gain valuable insights into the industry. Download a complimentary sample of 10 records to see what's included.

The commercial self-storage market is experiencing robust growth, driven by several key factors. Increasing urbanization and population density in major cities are leading to a greater demand for flexible and secure storage solutions for businesses of all sizes. The rise of e-commerce and the shift towards flexible workspaces are also contributing to this trend, as businesses require efficient inventory management and storage solutions to support their operations. Furthermore, the market is segmented by storage type (large and small item) and user type (large enterprises and SMEs). Large enterprises typically require larger storage units for inventory, archives, and equipment, while SMEs often utilize smaller units for documents, supplies, and seasonal inventory. Assuming a conservative CAGR of 7% (a reasonable estimate given industry trends), and a 2025 market size of $20 billion (a plausible figure based on publicly traded companies’ valuations and market reports), the market is projected to reach approximately $30 billion by 2033. The market's growth is supported by the increasing adoption of cloud-based storage solutions, however, traditional physical storage retains significance due to its security and accessibility advantages for certain types of businesses. Despite positive growth trends, the commercial self storage market faces challenges, namely high real estate costs in prime locations, and increased competition from alternative storage solutions such as cloud-based storage and third-party logistics providers. Regulatory changes and the fluctuating economic climate also pose risks. However, the long-term outlook for the sector remains optimistic, as the fundamental drivers of growth—urbanization, e-commerce expansion, and the need for flexible workspace solutions—are expected to persist. Strategic partnerships, technological innovation, and expansion into emerging markets offer opportunities for sustained growth and market share expansion for existing and new players. This makes the commercial self-storage market an attractive investment opportunity with considerable potential for profitability in the coming decade.

Self Storage Facility Management Software Market size was valued at USD 321 Million in 2023 and is projected to reach USD 523 Million by 2031, growing at a CAGR of 10.1% during the forecast period 2024-2031.

Global Self Storage Facility Management Software Market Drivers

The market drivers for the Self Storage Facility Management Software Market can be influenced by various factors. These may include:

Increased Demand for Self-storage Solutions: With the rising trend of urbanization and shrinking living spaces, especially in metropolitan areas, the demand for self-storage solutions is increasing.
Technological Advancements: Integration of advanced technologies such as AI, IoT, and cloud computing into management software has greatly enhanced operational efficiency, security, and customer experience.
Scalability and Flexibility: Self-storage facility management software offers scalable solutions that can grow with the business, accommodating increased demand and diverse storage needs.
Operational Efficiency: Automation of key processes like bookings, payments, customer service, and inventory management reduces the need for manual interventions, thereby increasing productivity and reducing human errors.
Enhanced Customer Experience: Features like online reservations, mobile apps, and 24/7 access control systems provide added convenience for customers, improving overall satisfaction and retention rates.
Security Improvements: Advanced management software often includes enhanced security features, such as digital surveillance, electronic access control, and automated alerts, which are critical for ensuring the safety of stored items.
Regulatory Compliance: The software helps businesses comply with local and national regulations by ensuring proper documentation, reporting, and data management practices.
Cost Savings: By reducing the need for physical documentation and manual monitoring, the software helps in cutting down operational costs.
Market Saturation and Competition: As the market becomes more competitive, self-storage businesses are compelled to invest in sophisticated software solutions to stay ahead and offer superior services.

Chicago, the Bay Area, and Southeast Florida were the markets with the lowest vacancy rate of self-storage space in the United States in 2023. In all three markets, less than seven percent of the self-storage inventory was vacant. In the U.S., the average vacancy rate during this period stood at 10 percent. In 2024, most of the ranked markets are forecast to see a rise in vacancy rates.

The Scandinavia Self-Storage Market was valued at USD 1.5 Billion in 2024 and is projected to reach USD 3.2 Billion by 2032, growing at a CAGR of 10.61% from 2025 to 2032.

The Scandinavia self-storage market is experiencing significant growth, driven by increasing urbanization and a shift towards smaller living spaces. Introduced in the early 1990s, the industry has seen a gradual expansion, particularly in Norway, where it is still in a nascent stage compared to other regions. The market is characterized by the emergence of small, independent operators and the proliferation of automated facilities that leverage technology for enhanced customer experience. The demand for self-storage is bolstered by factors such as limited storage space per capita, rising property costs, and the growing trend of downsizing among homeowners.