Global personal cloud market size is anticipated to reach at USD 68 billion by 2025. Developments in technologies such as the Internet of Things (IoT), and big data are also fueling the demand for personal cloud market growth.
Dallas, United States - October 27, 2020 /MarketersMedia/ —
The driving factors influencing the global personal cloud market includes increasing deployment of mobile workforce, rising adoption of bring your own device (BYOD) trend, and growing concerns over disaster recovery and data security. Due to the increasing emphasis on real-time and quick access to data, the global personal cloud market is estimated to drive the market growth over the forecast period. These global personal cloud market drivers project a significant growth over the forecast period.
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Furthermore, cloud PBX users supporting VoIP technology and critical errors from service providers is considerably a huge challenge the global personal cloud market is currently dealing with. Several other major security layers and failed technology attempts are offering tremendous traction to service providers. Thus, the global personal cloud market is likely to project tremendous growth resulting in the increasing demand of service providers to fix the errors and get started the operation of cloud-based PBX in a minimum period of time.
Regional-wise, North America is anticipated to account for the largest market share with the global personal cloud market, whereas Asia Pacific is expected to witness growth at the highest CAGR over the forecast period.
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Leading players of the global personal cloud market are focusing on bringing new developments to promote their products and industry both. Moreover, the vendors are looking forward to collaborations and partnerships to upscale the global personal cloud market shortly. The vendors all are enriching the product and deliver the best software quality to clients all across the globe. This boosted the demand for the global personal cloud market and estimated to escalate even higher over the forecast period.
The global personal cloud market is categorized into several segmentations including industry verticals, deployment types, revenue type, user type and regions. Based on the industry verticals overview, the global personal cloud market is fragmented into Retail, Telecom, Healthcare, Media and Entertainment, Travel & hospitality, BFSI, and E-Commerce. Based on the deployment type overview, the global personal cloud market is subjected to cloud and on-premise. Based on the revenue type, the global personal cloud market is segregated into direct revenue and indirect revenue. On the basis of component overview, the global personal cloud market is segregated classified into enterprise and consumer.
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Looping on to the regional overview, the global personal cloud market is a wide range to North America, Egypt, USA, Canada, South Africa, Asia Pacific, Argentina, Mexico, Korea, India, Southeast Asia, France, Turkey, Nigeria, UAE, Europe, Japan, China, UK, Russia, South America, Brazil, Italy, Saudi Arabia, Germany, The Middle East and Africa, and Columbia.
Leading players of the global personal cloud market include Microsoft (US), Funambol (US), SugarSync (US), AWS (US), Box (US), ASUS Cloud (Taiwan), Western Digital (US), Synchronoss (US), Seagate (US), Egnyte (US), Dropbox (US), Google (US), D-Link (Taiwan), ElephantDrive (US), ownCloud (Germany), Cloudike (US), Apple (US), pCloud (Switzerland), Buffalo Technology (Japan), SpiderOak (US), and Tresorit (Switzerland).
Segment Overview of Global Internet of Things (IoT) in Retail Market
Revenue Type Overview, 2018-2025 (USD Billion)
Direct
Indirect
End-User Overview, 2018-2025 (USD Billion)
Enterprises
Individuals
Regional Overview, 2018-2025 (USD Billion)
North America
S.
Canada
Europe
UK
Germany
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia-Pacific
Middle East and Africa
UAE
South Africa
Rest of Middle East and Africa
South America
Brazil
Rest of South America
Major points from Table of Contents:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Personal Cloud Market Overview, By Type
Chapter 5. Personal Cloud Market Overview, By End-User
Chapter 6. Personal Cloud Market Overview, By Technology
Chapter 7. Personal Cloud Market Overview, By Industry
Chapter 8. Personal Cloud Market Overview, By Region
Chapter 9. Industry Structure
Chapter 10. Company Profiles
What does the report include?
The study on the global personal cloud market includes qualitative factors such as drivers, restraints, and opportunities
The study covers the competitive landscape of existing/prospective players in the personal cloud industry and their strategic initiatives for the product development
The study covers a qualitative and quantitative analysis of the market segmented based on revenue type and end-user. Moreover, the study provides similar information for the key geographies.
Actual market sizes and forecasts have been provided for all the above-mentioned segments.
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