Market Highlights
The personal cloud market has been consistent income development, fundamentally because of the expansion of shrewd and associated gadgets and the rising interest for cloud-based administrations. Plus, the market development ascribes to the expanded requirement for extra stockpiling in buyer electronic gadgets for catastrophe recuperation arranging. The rise of industry-driving cloud capacities emphatically impacts the development of the market. In addition, the rising interest for expanded client encounters heightens market development.
As per a main research firm - Market Research Future (MRFR), the global personal cloud market is assessed to make a valuation of roughly USD 125.92 BN by 2023, developing at a gigantic CAGR of 44.3% all through the expected period (2017 - 2023). The interest to dispense with the requirement for extra equipment stockpiling on the gadgets and further developed client encounters supports the size of the market.
Moreover, expanded interest for pre-introduced capacity administration to clients impacts market development. Moreover, the rising reception of cloud-based technology and advances in personal gadgets support the development of the market. All the while, the expanding accessibility of broadband availability drives the personal cloud market development.
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Segmentation:
The report is segmented into five dynamics;
By Cloud Type : Online Cloud, NAS Cloud, Server Cloud, and Home-Made Cloud.
By Revenue Type : Direct Revenue and Indirect Revenue.
By User Type : Individual, Small Business, Medium Business, and others.
By Hosting Type : Providers’ Hosting and Users’ Hosting.
By Regions : North America, Europe, APAC, and the Rest-of-the-World.
Personal Cloud Market - Regional Analysis
North America dominates the global personal cloud market. The largest market share attributes to the presence of several notable players and well-established technology development centers, allowing the early adoption of cloud technologies in the region. Besides, the proliferation of mobile phones and growth in cloud technologies drive market growth in the region.
Moreover, substantial R&D investments by the majority of cloud computing organizations foster the growth of the regional market. Technological advances, along with the proliferation of the internet, tablets, and other smart connected devices, boost the regional market growth. The North American personal cloud market is projected to retain its dominance over the global market.
Europe stands second in the global personal cloud market. The market growth is driven by the well-established cloud infrastructure and major telecom companies in the region. Additionally, the increasing adoption of on-demand cloud services in Germany, the UK, France, and Italy supports regional market growth. The European personal cloud market is expected to show immense growth over the forecast period.
The Asia Pacific personal cloud market is emerging as a promising market in terms of size. Factors such as the presence of the majority of key mobile phone manufacturers in China and the rising numbers of mobile phone users in the region influence the personal cloud market share. Furthermore, government policies and regulations impact the adoption of digital services and cloud-based services in the region.
APAC countries, such as China, Japan, and India, offer substantial growth opportunities for the market players, demanding high internet connectivity speed. Moreover, the rising disposable income of demographics propels the market growth in the region. Besides, the rapid industrialization and growing numbers of businesses provide impetus to market growth.
Personal Cloud Market - Competitive Analysis
Highly competitive, the personal cloud market appears fragmented due to the presence of many well-established players. To gain a larger competitive share, innovation, mergers & acquisitions, and brand reinforcement remain key trends for these players. Key players emphasize innovations in products and new processes, which fuels the already intensified market competition. The personal cloud market demonstrates a high growth prospect, attracting several new entrants to the market.
Major Players:
Players leading the personal cloud market include Microsoft Corporation (US), Apple Inc (US), Google LLC (US), Amazon Web Services Inc (US), Box Inc (US), Seagate Technology PLC (US), Egnyte (US), Dropbox Inc (US), Melco Holdings Inc (Japan), Western Digital, F-Secure Corporation (Finland), Funambol Inc (US), Synchronoss Technologies Inc (US), Mega Ltd (New Zealand), SpiderOak Inc (US), D-Link Corporation (Taiwan), Mozy Inc (US), ElephantDrive (US), Dell Technologies Inc (US), Just cloud.com (UK), and Sugarsync (US), among others.
Industry/ Innovation/ Related News
October 20, 2020 ---- Dropbox, Inc. (the US), a leading file hosting service operator, launched a USD 17 per month family plan to grow a cloud storage consumer base. Dropbox has introduced the new family plan to all users after several months of beta testing. The launch comes amid growing demand for cloud services and infrastructure due to the rapid shift to remote working and schooling forced by the global pandemic.
October 20, 2020 ---- Microsoft announced its partnership with SpaceX to connect the Azure cloud computing network to respond to the growing Starlink satellite internet service offered by Elon Musk’s company. This partnership comes as Microsoft expands into the space industry, with the company a few weeks ago unveiling a new Azure Orbital service to connect satellites directly to the cloud.
Azure Space and the new partnership set up Microsoft and SpaceX to compete further with Amazon and Blue Origin, who have announced plans for similar satellite services and more.
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Global Personal Cloud Market Research, By Cloud Type (online cloud, NAS cloud, server cloud, home-made cloud), Revenue Type (direct revenue and indirect revenue), User Type (individual, small business, medium business), Hosting Type - Forecast till 2027
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The global Personal Cloud Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Personal Cloud Market include Amazon, Apple Inc., Google, Microsoft Corp., Just cloud.com, Dropbox Inc., Egnyte, Seagate, Buffalo Technology, MEGA Ltd., SpiderOak, D-Link Corporation, Mozy Inc., ElephantDrive, POLKAST LLC, Dell, and Sugarsync..
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Personal Cloud Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/personal-cloud-market/download-sampleMarket SegmentationThe broad Personal Cloud Market has been sub-grouped into the Host Type, User Type and Region.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
Personal Cloud-Global Market Status and Trend Report 2013-2023 offers a comprehensive analysis on Personal Cloud industry, standing on the readers’ perspective, delivering detailed market data and penetrating insights.
No matter the client is industry insider, potential entrant or investor, the report will provides useful data and information.The global Personal Cloud Market report has been strategically curated to fulfil the needs of the customer through in-depth analysis of the Personal Cloud Market that can assist the customer in gaining actionable insights regarding the Personal Cloud Market.Ask for Report Brochure of Personal Cloud Market @ http://orbisresearch.com/contacts/request-sample/2088713Key questions answered by this report include:Worldwide and Regional Market Size of Personal Cloud 2013-2017, and development forecast 2018-2023Main manufacturers/suppliers of Personal Cloud worldwide, with company and product introduction, position in the Personal Cloud marketMarket status and development trend of Personal Cloud by types and applicationsCost and profit status of Personal Cloud, and marketing statusMarket growth drivers and challengesThe report segments the global Personal Cloud Market as:Global Personal Cloud Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2013-2023):North AmericaEuropeChinaJapanRest APACLatin AmericaGlobal Personal Cloud Market: Type Segment Analysis (Consumption Volume, Average Price, Revenue, Market Share and Trend 2013-2023):Direct RevenueIndirect RevenueGlobal Personal Cloud Market: Application Segment Analysis (Consumption Volume and Market Share 2013-2023; Downstream Customers and Market Analysis)IndividualSmall BusinessMedium BusinessPurchase a single user copy of Global Personal Cloud Market @ http://orbisresearch.com/contacts/enquiry-before-buying/2088713Global Personal Cloud Market: Manufacturers Segment Analysis (Company and Product introduction, Personal Cloud Sales Volume, Revenue, Price and Gross Margin):Apple IncMicrosoft CorporationGoogle IncBox IncAmazon Web ServicesSeagate Technology LLCDropbox IncEgnyte IncBuffalo Technology IncSugarsync IncIn a word, the report provides detailed statistics and analysis on the state of the industry; and is a valuable source of guidance and direction for companies and individuals interested in the market.Major points from Table of Contents:Chapter One: Overview of Personal Cloud MarketChapter Two: Global Market Status and Forecast by RegionsChapter Three: Global Market Status and Forecast by TypesChapter Four: Global Market Status and Forecast by Downstream IndustryChapter Five: North America Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter Six: Europe Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter Seven: Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter Eight: Latin America Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter Nine: Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter Ten: Market Driving Factor Analysis of Personal Cloud MarketChapter Eleven: Personal Cloud Market Competition Status by Major ManufacturersChapter Twelve: Personal Cloud Market Major Manufacturers Introduction and Market DataChapter Thirteen: Upstream and Downstream Market Analysis of Personal Cloud MarketChapter Fourteen: Cost and Gross Margin Analysis of Personal Cloud MarketChapter Fifteen: Report ConclusionChapter Sixteen: Research Methodology and ReferenceBrowse Full Personal Cloud Market Report @ http://orbisresearch.com/reports/index/personal-cloud-global-market-status-and-trend-report-2013-2023About Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements.
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