Object storage provides many benefits, a few of them are:-

Object storage technology is very simple to implement and use. It requires minimal maintenance.

Data in object storage can be accessed via API. Developers can use python, java, scala, etc, to fetch data from object storage.

object storage solution provides cloud-like storage on on-premises.

Object storage Architecture can be easily scaled as per the requirement by adding more servers.

object stores provide high throughput performance as compared to other types of storage. Using object storage we can stream large-size files.

Implementing object storage is relatively cheaper as compared to other storage technologies. we can start with a minimal setup and later expand it based on the usage.

Compared to other storage systems, object storage has less limitations because it is not organised in a hierarchy.