Personal Cloud Market Size, Share, Trends, Statistics, Growth Factors, Sales Revenue, Emerging Technology, Competitive Landscape, Historical Analysis Forecast to 2023
Personal Cloud Market Research, By Cloud Type (online cloud, NAS cloud, server cloud, home-made cloud), Revenue Type (direct revenue, and indirect revenue)
(firmenpresse) - Market Highlights
The personal cloud lets user develop their own self-hosted personal cloud and is way cheaper than enterprise-level private and public cloud. They are extensively being used for file storage as they can be easily accessed from the internet without any hassles. Other advantages associated with personal cloud are faster media streaming and better privacy assurance. Moreover, investment in personal cloud eliminates the need to make an upfront investment in hardware or software. Personal cloud storage market players have introduced various affordable monthly as well as yearly plans, which has encouraged consumers to adopt personal cloud. Towering demand for personal storage, growing penetration of consumer electronic devices, and the need for disaster recovery planning are factors fostering the growth of the personal cloud market. Hard drive manufacturers are rolling out personal cloud subscription services, which are further assisting the growth of the market. However, lack of awareness might restrain the growth of the personal cloud market.
An electronic device provides limited storage space, and personal data produced by its user is of substantial volume. Personal cloud allows the storage of such data, eliminating storage space limitation. Market Research Future (MRFR) identified this as a major driver for the global personal cloud market. MRFR reveals that between 2018 and 2023, the global personal cloud market is anticipated to strike a CAGR of 44.3% and scale up to a valuation of USD 125.92 billion by end of the forecast period (2018-2023).
Regional Outlook
Region-wise, the personal cloud market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).
North America is likely to account for the largest share of the global market. Amplified demand for on-the-go storage combined with technological capabilities has favored the growth of the market. Growing possession of electronic gadgets such as smartphones, tablets, and others have led to huge storage demand. Consequently, the personal cloud market is booming in the region. Additionally, the presence of various leading players in the region has supported the growth of the market. Moreover, high purchasing power is favoring market growth.
The APAC personal cloud market is likely to exhibit remarkable growth over the forecast period. Growing penetration of various electronic gadgets in the region has induced demand for personal cloud storage. Consolidation of data centers and cloud servers in the region has increased the availability of personal cloud options, which triggers the growth of the market.
Key Players
Just cloud.com (UK), Apple Inc (US), Microsoft Corporation (US), Google LLC (US), Synchronoss Technologies Inc (US), Box Inc (US), Amazon Web Services Inc (US), Seagate Technology PLC (US), F-Secure Corporation (Finland), Dropbox Inc (US), Egnyte (US), Melco Holdings Inc (Japan), Sugarsync (US), and Western Digital, Funambol Inc (US), SpiderOak Inc (US), Mega Ltd (New Zealand), D-Link Corporation (Taiwan), ElephantDrive (US), Mozy Inc (US), and Dell Technologies Inc (US).
Segmentation:
The global personal cloud market has been segmented on the basis of cloud type, user type, revenue type, and hosting type.
Based on the cloud type, the market has been segmented into NAS cloud, online cloud, server cloud, and home-made cloud.
Based on the revenue type, the personal cloud has been segmented into direct revenue and indirect revenue.
Based on the user type, the personal cloud market has been segmented into individual, small business, medium business.
Based on the hosting type, the personal cloud market has been segmented into providers’ hosting, users’ hosting.
Browse Complete Report (at) https://www.marketresearchfuture.com/reports/personal-cloud-market-7041
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