Markntel Advisors’ report, Personal Cloud Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Personal Cloud presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Personal Cloud Market Industry Research Report & Market Summary:
The Global Personal Cloud Market size was valued at USD 23.4 billion in 2023 and is estimated to grow at a CAGR of around 19.5% during the forecast period, i.e., 2024-30. Within the larger scope of cloud computing exists a dynamic field known as the personal cloud. This personal cloud has been witnessing demand from end-users who desire safe & convenient solutions for organizing & safeguarding their digital information. Unlike standard business-oriented services in this arena, these offerings focus exclusively on meeting individual user needs by providing platforms that permit storage, accessibility, and synchronization across numerous devices for such items as documents, photos, or videos.
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Personal Cloud Market Dynamics:
Key Driver-
Rising Data-storage Demand to Instigate the Market Expansion – Due to the expanding storage requirements of individuals & businesses, there is a significant surge in demand for personal cloud solutions. The widespread use of smart devices that accumulate substantial amounts of data, along with increased usage of high-resolution media content & applications contribute to this trend. This has led consumers towards secure, scalable, accessible storage options as they manage their digital footprints across various platforms effortlessly using personalized cloud services.
Additionally, there is an increasing recognition of the importance of data protection & privacy issues, prompting individuals to select personal cloud options that provide powerful encryption methods & rigorous security protocols. In light of sophisticated cyber hazards, individuals are emphasizing platforms capable enough to ensure protection for sensitive details, thus driving the Personal Cloud Market across the globe.
Personal Cloud Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Type (Qualitative Analysis)
- Online Cloud- Market Size & Forecast 2019-2030, (USD Million)
- NAS Device Cloud- Market Size & Forecast 2019-2030, (USD Million)
- Server Device Cloud- Market Size & Forecast 2019-2030, (USD Million)
- Home-made Cloud- Market Size & Forecast 2019-2030, (USD Million)
By User Type
- Consumer- Market Size & Forecast 2019-2030, (USD Million)
- Enterprise- Market Size & Forecast 2019-2030, (USD Million)
- SMEs- Market Size & Forecast 2019-2030, (USD Million)
- Large Enterprises- Market Size & Forecast 2019-2030, (USD Million)
By Hosting Type (Qualitative Analysis)
- Provider Hosting- Market Size & Forecast 2019-2030, (USD Million)
- User/Self Hosting- Market Size & Forecast 2019-2030, (USD Million)
By Revenue Type
- Direct Revenue- Market Size & Forecast 2019-2030, (USD Million)
- Indirect Revenue- Market Size & Forecast 2019-2030, (USD Million)
The Indirect Revenue segment is expected to capture the largest share of the Personal Cloud Market. Generating income through channels other than customer subscriptions, such as partnerships and value-added services, constitutes the indirect revenue segment within the market.
By Vertical
- BFSI- Market Size & Forecast 2019-2030, (USD Million)
- Energy & Utilities- Market Size & Forecast 2019-2030, (USD Million)
- Government & Public Sector- Market Size & Forecast 2019-2030, (USD Million)
- Telecommunications- Market Size & Forecast 2019-2030, (USD Million)
- IT & ITes- Market Size & Forecast 2019-2030, (USD Million)
- Retail & E-commerce- Market Size & Forecast 2019-2030, (USD Million)
- Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
- Media & Entertainment- Market Size & Forecast 2019-2030, (USD Million)
- Healthcare & Life Sciences- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
The BFSI industry is at the forefront of market dominance and is anticipated to have the biggest share in the Personal Cloud Market over the past few years.
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
North America is set to dominate the Personal Cloud Market within the projected timeframe, with predictions highlighting the US as its biggest contributor. It is forecasted that this trend will continue due to an unprecedented demand for secure and accessible storage solutions across the region.
As indicated in the latest market research report published by Markntel Advisors, “Personal Cloud Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Personal Cloud. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/personal-cloud-market.html
Top Companies Operating in the Personal Cloud Market:
- Microsoft
- Apple
- Dropbox
- AWS
- BOX
- Seagate Technology
- Western Digital
- Synchronoss
- Egnyte
- Buffalo Technology
- Sugarsync
- AT&T
- Asus Cloud
- Open Drive
- Others.
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Personal Cloud Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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