The global personal cloud market is likely to be valued at around US$ 30 Billion in 2022, and is slated to accelerate rapidly at a CAGR of 40%, reaching US$ 220 Bn by 2032.
Rising demand for high-frequency data access and data sharing, cost-effective, and efficient storage and safety against data loss are expected to augment personal cloud storage systems demand. Growing number of tie-ups with top personal cloud service providers along with bridging the connectivity and accessibility gap will further contribute by generating immense opportunities that will lead to personal cloud market growth.
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The readability score of the Personal Cloud Market Demand report is good as it offers chapter-wise layout with each section divided into a smaller section.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Personal Cloud market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Personal Cloud along with key stakeholders as well as emerging players associated with the manufacturing of product.
Competitive Landscape:
The competitive landscape of the personal cloud market is shaped by product innovation and strategic mergers & acquisitions. Front Runners are emphasizing capacity enhancements and global footprint expansion to leverage lucrative prospects in developing economies.
- In June 2021, Wisekey International Holding SA, a leading cybersecurity and IoT company, launched its WISeID Cloud Storage service as a new addition to the WISeID platform for digital identity and cybersecurity services. WISeID Cloud Storage service enables users to keep protected file storage in the cloud, in servers secured by WISeKey’s Swiss technologies.
- In September 2021, Microsoft and global travel technology company OYO announced a multi-year strategic alliance to co-develop next-gen travel and hospitality products and technologies. OYO will adopt Microsoft Azure as a key enabler to drive cloud-based innovations and reimagine the hospitality and travel tech industry.
Key Companies Profiled:
- Amazon Web Services Inc.
- Apple Inc.
- Box Inc.
- Microsoft Corporation
- Dropbox Inc.
- Mozy Inc.
- SpiderOak
- Seagate
- Egnyte Inc.
- Sugarsync
Key Market Segments in Personal Cloud Industry Research:
- By Cloud Type
- Online Cloud
- NAS Cloud
- Server Cloud
- Home-Made Cloud
- On-Premise Cloud
- By Revenue
- Direct Revenue Source
- Indirect Revenue Source
- Hosting Type
- Service Provider Hosted
- User Hosted
- User Type
- Consumers
- Enterprises
- Small Businesses
- Medium Businesses
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How will be insights and market estimations provided in the Fact.MR report on the Demand of Personal Cloud make a difference?
- The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
- The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
- The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
- Provides scrutiny of the industry trends that have shaped recent government policies
- Provides an account of major breakthroughs in all segments that might change the course of the market considerably
- Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Personal Cloud Market
- Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
- Evaluates the role of various stages of funding on new growth avenues in key regional markets
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