Personal Cloud Market Overview
The market for personal cloud computing was estimated to be worth USD 25.9 billion in 2023. From 2024 to 2030, the total income from personal cloud computing is projected to increase at a compound annual growth rate (CAGR) of 19.15%, reaching around USD 75.23 billion.
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Personal Cloud Market Scope and Methodology:
The report describes the competitive landscape, identifies key competitors and their market positions, and provides an in-depth overview of the Personal Cloud industry. It also covers new product developments and technological trends in the market. Detailed data on revenue, sales volume, and average prices are provided for the entire Personal Cloud market and its sub-segments benefiting companies, new entrants, and industry-related companies in the Personal Cloud market. Personal Cloud Market analysis identifies current market trends that affect growth and potential.
The report includes both qualitative and quantitative research, with a focus on data interpretation, pattern recognition, and deep understanding. Market segments and sectors are studied using a hierarchical approach that examines the strategies of Personal Cloud industry-leading companies. The report also includes information on import/export activities, market dynamics, values, costs, revenue and gross margins.
Personal Cloud Market Regional Insights
In a regional analysis, the Personal Cloud market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. Regions are categorized into countries such as the United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia and South Korea.
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Personal Cloud Market Segmentation
By Type
Online Cloud
NAS Device Cloud
Server Device Cloud
Home-Made Cloud
One notable dominant force that leads the personal cloud market and has a great deal of influence is the online cloud sector. The accessibility, synchronization, and storage capacities provided by this significant market force draw users to internet-based services. The growing popularity of cloud-based solutions among consumers is reflected in the current development in the online cloud market. This increase highlights the growing dependence on online channels for managing personal data.
By Hosted Type
Hosted From Providers Premises
Hosted from Users Premises
By providing consumers with the ease and expertise of outsourcing the management of their cloud services, personal clouds hosted on providers' properties gain a significant portion of the personal cloud market. The trend of people and businesses wanting more control over their personal cloud solutions is reflected in the expanding market for personal cloud hosting from users' homes. The urge for localized control and supervision is evident in this category.
By Revenues
Direct Revenues
Indirect Revenues
By User Type
Indivisual
Small Enterprises
Medium Enterprises
By Vertical
BFSI
IT & ITeS
Telecommunications
Retail & e-Commerce
Government & Public Sector
Manufacturing
Energy & Utilities
Healthcare & Life Sciences
Media & Entertainment
Other Verticals
Personal cloud solutions are widely used by the BFSI industry for safe data management, accessibility, and regulatory compliance. The industry's focus on data security and compliance is reflected in the key adoption. By utilizing these solutions for efficient data handling and collaborative work environments, the IT & ITeS industry leads the way in the adoption of personal cloud services. The industry's leading position in the personal cloud market is a result of its reliance on cutting-edge technologies. Telecommunications offers improved services, such as data storage, backup, and accessibility, by strategically integrating personal cloud solutions. The industry's awareness of personal clouds as a crucial component of their service offerings is reflected in this integration.
Personal Cloud Market Key Players
Major Global Key Players:
1. Amazon Web Services, Inc. (U.S.)
2. Microsoft (U.S.)
3. Oracle (U.S.)
4. Google L.L.C. (U.S.)
5. Palo Alto Networks. (U.S.)
6. IBM Corporation (U.S.)
Leading Key Players in North America:
1. Zscaler, Inc. (U.S.)
2. Cisco Systems, Inc. (U.S.)
3. Cloud flare Inc., (U.S.)
4. Workday, Inc. (U.S.)
5. PTC (U.S.)
6. AWS (U.S.)
7. Check Point Software Technologies Ltd. (U.S.)
8. Broadcom. (U.S.)
9. Qualys,Inc. (U.S.)
10. Apple (US)
11. Dropbox (US)
12. Box (US)
13. Seagate Technology (US)
14. Western Digital (US)
15. Synchronoss (US)
16. Egnyte (US)
17. Funambol (US)
18. SugarSync (US)
19. ElephantDrive (US)
20. Cloudike (US)
21. SpiderOak (US)
Market Follower key Players in Europe:
1. SAP SE (Germany)
2. Siemens (Germany)
3. Sophos Ltd. (U.K.)
4. Foreseeti (Sweden)
Prominent Key player Asia Pacific:
1. Fujitsu (Japan)
2. Trend Micro Incorporated. (Japan)
3. BUFFALO Technology (Japan)
4. ASUS Cloud (Taiwan)
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Key questions answered in the Personal Cloud Market are:
- What is Personal Cloud?
- What was the Personal Cloud market size in 2023?
- What is the growth rate of the Personal Cloud Market?
- Which is the fastest-growing region in the Personal Cloud market?
- Which are the factors expected to drive the Personal Cloud market growth?
- What is the CAGR at which the Personal Cloud market will grow during the forecast period?
- What growth strategies are the players considering to increase their presence in Personal Cloud?
- What are the upcoming opportunities and trends for the Personal Cloud Market?
- What are the different segments of the Personal Cloud Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Personal Cloud Market?
- What segments are covered in the Personal Cloud Market?
- Who are the key players in the Personal Cloud market?
- Who are the leading companies and what are their portfolios in Personal Cloud Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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