The world personal cloud market is forecast to generate a revenue of $89.9 billion by 2020, registering a CAGR of 33.1% during the forecast period.
Deerfield Beach, FL -- (SBWIRE) -- 05/02/2016 -- Personal cloud is a cloud storage platform that enables the customers to access, synchronize and share stored data across various mobile devices such as smartphones and tablets. In this era of digitalization, there is an increasing need of storing and sharing personal data or professional data. The rapidly increasing tech-savvy population has led to the growing demand of cloud computing services in the recent years. The increasing use of camera-equipped devices, such as smartphones and tablets, has created a huge demand for a secure platform to store digital content. Faster and convenient access to stored data and sharing of information would define new standards for the personal cloud industry to create lucrative opportunities for the market players. The world personal cloud market is forecast to generate a revenue of $89.9 billion by 2020, registering a CAGR of 33.1% during the forecast period.
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Bring-Your-Own-Device (BYOD) is gaining increasing acceptance, particularly among small and medium enterprises due to benefits of improved productivity, work flexibility and reduced infrastructure costs. Personal cloud services would facilitate file storage and sharing among the employees and enterprises who have adopted the BYOD trend. However, the issues of privacy and security of stored data would hinder the market growth.
World personal cloud market is segmented based on type of deployment, revenue type and type of hosting. The deployment type is categorized into individual customers, small businesses and medium businesses. Type of hosting divides the market into user hosting and provider hosting. While revenue type segments the market into direct revenue and indirect revenue. Geographically, the market is segmented into North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Leading players profiled in the report includes, Apple Inc., Google Inc., Microsoft Corp., Amazon Web Services, Dropbox, Inc, Egnyte, Copy, SpiderOak, Box, Inc. and Buffalo Inc.
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This study provides an in-depth analysis of the personal cloud market with current and future trends to elucidate the imminent investment pockets in the market
The report provides information regarding key drivers, restraints and opportunities with impact analysis
Porter's five forces analysis of industry and SWOT analysis of the key market players have been provided to illustrate the business strategies adopted by them
The value chain analysis of the industry highlights the key intermediaries involved and elaborates their roles and value additions at every stage in the value chain
The quantitative analysis of the market during the period of 2014–2020 has been provided to elaborate the market potential
Key Market Segments:The market is segmented based on type of revenue, type of hosting, type of deployment and geography.
Market by Type of Revenue
Market by Type of Hosting
Market by Type of Deployment
Market by Geography
LAMEA (Latin America, Middle East and Africa)
Amazon Web Services
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