Personal Cloud Market Exceeds USD 23.4 billion in 2023, Predicts 19.5% CAGR Triumph Until 2030

In-Depth Analysis of the Global Personal Cloud Market: 2024-2030 Forecasts

MarkNtel Advisors has recently released an in-depth study on the Personal Cloud Market, covering historical data, current market trends, marketing strategies, technological advancements, upcoming technologies, emerging opportunities, and technical advancements in the relevant industry.

How big is the Personal Cloud Industry?

The Global Personal Cloud Market was valued at USD 23.4 billion in 2023 and it is estimated to grow at a CAGR of about 19.5% during the forecast period, i.e., 2024-30.

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Who are the top players in the Personal Cloud Market?

  • Google
  • Microsoft
  • Apple
  • Dropbox
  • AWS
  • Box
  • Seagate Technology
  • Western Digital
  • Synchronoss
  • Egnyte
  • Buffalo Technology
  • Sugarsync
  • AT&T
  • Asus Cloud
  • Open Drive
  • Others

Global Personal Cloud Market Segmentation:

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)

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)

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Regional/ Countries Insight:

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

What are the primary market drivers influencing the growth of Personal Cloud Market?

Global Personal Cloud Market 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.

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Gain a Competitive Edge with Market Research Report

  1. The Global Personal Cloud Market Report by MarkNtel Advisors offers a detailed analysis of the market size, growth rate, competitive landscape, and key players, allowing businesses to gain a comprehensive understanding of market dynamics.
  2. Businesses can utilize the report to identify emerging opportunities and potential challenges in the market by highlighting current trends and providing future projections.
  3. The insights provided in the report enable companies to align their strategies based on market forecasts, ensuring they can stay ahead of the competition and make informed decisions.
  4. Apart from market trends and projections, the Global Personal Cloud Market Report assists in assessing and mitigating risks associated with entering or operating in the market
  5. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategic approaches to minimize risks and optimize their operations, enhancing their competitive edge in the market.

About Us

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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