Personal Cloud Market Size & Share to See Modest Growth Through 2026

Growing digitalization is increasing the demand for sharing and accessing personal data, in turn, increasing the demand for cloud computing services.

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Seattle, WA -- (SBWire) -- 10/11/2019 --Personal cloud is utilized for storing personal information and data such as photographs, videos, and important files among others, which requiring security. Personal cloud is used synchronize or share professional data with various devices such as tablets and smartphones. Personal cloud offers high capacity of cloud-based storage, without losing control of information. This in turn helps boost market growth. Cloud storage does not require storing information onto a hardware, as it can be managed by the cloud service provider, making it a convenient option for storing and sharing data. Personal clouds make it possible to access folders on a device through user-friendly API.

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Personal cloud Market Research Study provides detailed information about the key factors influencing the growth of the industry which include drivers, restraints, opportunities, and industry-specific challenges, strategically profile key players and comprehensively analyze their market share and core competencies. This report includes analytical assessment of the prime challenges faced by Personal cloud industry currently and in the coming years, which helps market participants in understanding the problems they may face while operating in this market over a longer period of time.

These research report also provides an overall analysis of the market share, size, segmentation, revenue forecasts and geographic regions of the Personal cloud Market along with industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue. The research report also provides detail analysis on the Personal cloud market current applications and comparative analysis with more focused on the pros and cons of Personal cloud and competitive analysis of major companies.

Personal Cloud Market Taxonomy:
The personal cloud market segmented on the basis of following types:
By Hosting Type:
- User
- Provider
By Ed User:
- Individuals
- Small businesses
- Medium businesses
Personal Cloud Market Regional Insights:

The market is segmented on the basis of six regions into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

North America is expected to have the largest market share in the personal cloud solutions and services due to increasing demand of BYOD and early adoption of cloud-based networks. Asia Pacific is the fastest-growing region in the personal cloud market, owing to the growing adoption of cloud service in various organizations and the increasing demand for file storage and sharing on a server. According to the Select USA, in 2015, the U.S import around US$34 billion worth of cloud computing services.

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Personal Cloud Market Competitive Market:
Key players operating in the personal cloud market include Apple, Amazon, Seagate, Microsoft, Box, Dropbox, Google, Engyte, Buffalo Technology, Tonido, Western Digital, and Sugarsync.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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