The personal cloud market size was valued at $26.80 billion in 2019, and is projected to reach $161.39 billion by 2027, growing at a CAGR of 24.6% from 2020 to 2027. Personal cloud services would facilitate file storage and sharing among the employees and enterprises who have adopted the BYOD trend. In this era of digitalization, there is an increasing need of storing and sharing personal or professional data. The rapidly increasing tech-savvy population has considerably 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.
Key Market Players
- Amazon Web Services Inc.
- Apple Inc.
- Box Inc.
- Buffalo Inc.
- Copy (Barracuda Networks Inc.)
- Dropbox Inc.
- Egnyte Inc.
- Google Inc.
- Microsoft Corporation
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Personal Cloud Market Segments:
By Revenue Type
By Hosting Type
- Service Providers
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o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
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o Rest of the world Market Size and/or Volume
Key Questions Answered by Personal Cloud Market Report
- What was the Personal Cloud Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Personal Cloud Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the Personal Cloud Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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