Personal cloud Market: Industry Growth, Size, Share and Forecast 2019-2025
Posted by Faraz on February 4th, 2020
The global personal cloud market is experiencing significant growth due to increasing enterprise and individual data generation. The personal cloud is a computing standard, where a large pool of systems is connected in private or public networks, to offer a vigorously scalable structure for file storage, application, and data. Personal cloud storage services are data-intensive applications producing a significant portion of Internet traffic. Personal cloud storage services permit to synchronize local folders with servers in the cloud. Moreover, the rising demand for mobile devices for data storage and disaster recovery planning are some other factors that are contributing to the growth of the global personal cloud market. However, concerned related to data privacy and security restraining the global personal cloud market.
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The major players that contribute to the growth of the global personal cloud market include Amazon Web Services Inc., Apple, Inc., Dell Inc., Microsoft Corp., Google, LLC, and others. These
The global personal cloud market is segmented on the basis of hosting and end-user. Based on hosting, the global personal cloud market is further diversified into user hosting and provider hosting. The user hosting market is projected to have significant market growth due to cost efficiency and easy accessibility. The end-user segment is further categorized into enterprises and individuals. Enterprises segment is estimated to have significant market share in the global personal cloud market due to the high demand for cloud infrastructure in various companies and organizations.
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Moreover, the global personal cloud market is further classified on the basis of geography including North America, Europe, Asia-Pacific and Rest of the World. North America has a significant market share in the global personal cloud market due to the adoption of cloud virtualization by various enterprises across the globe. Asia-Pacific has significant growth owing to the rising number of small enterprises that raises the demand for personal cloud in the region.
Personal cloud Market Segmentation
Global Personal cloud Market by Hosting
Global Personal cloud Market by End-User
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About the AuthorFaraz
Joined: November 26th, 2019
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