Edison, NJ -- (SBWIRE) -- 10/23/2020 -- Latest Report Available at Advance Market Analytics, "Personal Cloud Market" provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
The global Personal Cloud market focuses on encompassing major statistical evidence for the Personal Cloud industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study. In addition the Personal Cloud study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production, and utilized strategies are also marked.
Key players in the global Personal Cloud market
Apple Inc (United States), Microsoft Corporation (United States), Google LLC (United States), Box Inc (United States), Amazon Web Services Inc (United States), Seagate Technology PLC (United States), Dropbox Inc (United States), Egnyte (United States), Melco Holdings Inc (Japan) and Sugarsync (United States)
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Personal cloud is miniature cloud storage, which stores, shares, and access or sync user's personal documents, photos, folders and files without needing any system. It is a cloud-based service which offers or provides services from any location with the help of internet. The introduction to personal cloud services has made the applicants to use user-friendly application. The rise of the personal cloud has encouraged small and medium organizations to adopt personal cloud service. Real-time access, data backup and additional storage in consumer's electronics devices are thereby boosting the growth of the global personal cloud market. This growth is primarily driven by Rising Demand for Real-Time Data Access and Data Sharing, Cost-Effective and Efficient Storage and Safety Against Data Loss, Rising Data Generation Activities and Digital Contingency and Disaster Recovery Planning.
On December 30, 2018, IBM completely acquired RedHat mainframe computer with an amount of USD 34 billion. This acquisition is beneficial in providing artificial intelligence, hosting & consulting services in areas extending from mainframe computers to nanotechnology.
Regulatory Insights:
According to HIPAA (Health Insurance Portability and Accountability Act), its denoted that in the United States, the Data Protection Directive in the European Union introduces a host of compliance issues for agencies and organizations dealing with sensitive data.
Market Drivers
- Rising Demand for Real-Time Data Access and Data Sharing, Cost-Effective and Efficient Storage and Safety Against Data Loss
- Rising Data Generation Activities
- Digital Contingency and Disaster Recovery Planning
Market Trend
- Accepting New Standards for the Personal Cloud Industry Such as Fast and Convenient Access to Stored Data
- Adoption of Bring-Your-Own-Device (BYOD) Trend in Personal Cloud
Restraints
- The occurrence of Data Security Risk or Data Breach
- Lack of Awareness About Network Connectivity
Opportunities
- Growing Demand for User Hosted Cloud Storage and Increasing Business Tie-Ups With IT Device And Software Manufacturers
Challenges
- Issues Regarding Security and Safety of Stored Data, Lack of Consumer Awareness, Security Concerns, and Low Funding and Delivering Safe Data Storage
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The Global Personal Cloud Market segments and Market Data Break Down are illuminated below:
by Type (Online cloud, NAS cloud, Server cloud, Home-made cloud, Others), Application (Individual, Small Enterprises, Medium Enterprises), Revenue Type (Direct Revenue, Indirect Revenue), Hosting Type (User Hosting, Provider Hosting)
The Personal Cloud market study further highlights the segmentation of the Personal Cloud industry on a global distribution. The report focuses on regions of LATAM, North America, Europe, Asia, and the Rest of the World in terms of developing market trends, preferred marketing channels, investment feasibility, long term investments, and business environmental analysis. The Personal Cloud report also calls attention to investigate product capacity, product price, profit streams, supply to demand ratio, production and market growth rate, and a projected growth forecast.
In addition, the Personal Cloud market study also covers several factors such as market status, key market trends, growth forecast, and growth opportunities. Furthermore, we analyze the challenges faced by the Personal Cloud market in terms of global and regional basis. The study also encompasses a number of opportunities and emerging trends which are considered by considering their impact on the global scale in acquiring a majority of the market share.
The study encompasses a variety of analytical resources such as SWOT analysis and Porters Five Forces analysis coupled with primary and secondary research methodologies. It covers all the bases surrounding the Personal Cloud industry as it explores the competitive nature of the market complete with a regional analysis.
Brief about Personal Cloud Market Report with TOC @ https://www.advancemarketanalytics.com/reports/17516-global-personal-cloud-market
Some Point of Table of Content:
Chapter One: Report Overview
Chapter Two: Global Market Growth Trends
Chapter Three: Value Chain of Personal Cloud Market
Chapter Four: Players Profiles
Chapter Five: Global Personal Cloud Market Analysis by Regions
Chapter Six: North America Personal Cloud Market Analysis by Countries
Chapter Seven: Europe Personal Cloud Market Analysis by Countries
Chapter Eight: Asia-Pacific Personal Cloud Market Analysis by Countries
Chapter Nine: Middle East and Africa Personal Cloud Market Analysis by Countries
Chapter Ten: South America Personal Cloud Market Analysis by Countries
Chapter Eleven: Global Personal Cloud Market Segment by Types
Chapter Twelve: Global Personal Cloud Market Segment by Applications
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