Global Personal Cloud Market was valued at USD 54.78 billion in 2019, which is expected to reach 916.24 billion by 2027 at a CAGR 45.8%.
Latest published report on the Personal Cloud market, found on the Qualiket Research website revealed a great deal about various market dynamics. These driving factors influence the market from a very miniscule level to its holistic standard and can traverse limitations to assist the market achieve a significant growth rate over the analysis period of 2020-2027.
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Personal cloud is the type of digital services and information which can be accessed from any location given the users to access data. A personal cloud service allows customers to edit, share, and synchronize the content. By using personal cloud service user can share data efficiently on various platforms. Capacity for larger storage, accessibility from several devices, and cheap cost are the features of personal cloud service.
Increase awareness regarding personal cloud is expected to boost the global personal cloud market growth. Furthermore, proliferation of digital content is expected to fuel the market growth, over the forecast period. Moreover, rise in business tie-up activities with device manufacturers will enhance demand for personal cloud in the market, during this forecast period. Additionally, personal cloud provides data storage platform which enables customers to access, share, and synchronize data across devices and cloud. These services provides better storage, accessibility and sharing data with enhanced security features will have positive impact on market growth.
However, data security and privacy concern is the major restraining factor which is expected to hamper the global personal cloud market growth. For instance, in 2018, according to Identity Theft Resource Centre hackers stole approximately 446 million consumer records.
Market Key Players
Various key players are discussed in this report such as Spider Oak, Microsoft Corporation, Google Inc, Egnyte Inc, Dropbox Inc, Barracuda Networks Inc., Buffalo Inc., Box Inc, Apple Inc, and Amazon Web Services Inc.
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By Revenue Type
By Hosting Type
- Service Providers
By End Users
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
Global Personal Cloud Market TOC
- Executive Summary
1.1. Market Taxonomy
- Global Personal Cloud Market Demand (in Value or Size in US$ Mn) Analysis and Forecast
- Market Background
3.1. Forecast Factor
3.2. Market Dynamics
- Global Personal Cloud Market Snapshot
- Global Personal Cloud Market Analysis, By Revenue Type
5.1. Y-o-Y Growth Comparison, By Revenue Type
5.2. Global Personal Cloud Market Share Analysis, By Revenue Type
5.3. Global Personal Cloud Market Size and Forecast, By Revenue Type
- Global Personal Cloud Market Analysis, By Hosting Type
6.1. Y-o-Y Growth Comparison, By Hosting Type
6.2. Global Personal Cloud Market Share Analysis, By Hosting Type
6.3. Global Personal Cloud Market Size and Forecast, By Hosting Type
6.3.1 Service providers
- Global Personal Cloud Market Analysis, By End User
7.1. Y-o-Y Growth Comparison, By End User
7.2. Global Personal Cloud Market Share Analysis, By End User
7.3. Global Personal Cloud Market Size and Forecast, By End User
- Global Personal Cloud Market Analysis, By Region
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