Personal Cloud Market Share, Size, Growth, Opportunity and Forecast 2026

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Apart from this, these solutions are an assembly of digitally stored services and information that can be remotely accessed in a convenient manner. As a result, they are increasingly utilized in small and medium enterprises across various end use industries.

According to the latest report by IMARC Group, titled "Personal Cloud Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global personal cloud market exhibited strong growth during 2015-2020. Personal cloud is a local network-attached storage (NAS) cloud facility that is widely used for facilitating file storage and sharing among the employees within an organization. It is used for storing personal or professional data in the form of videos, photos and documents. It is utilized for safeguarding crucial business documents while enabling synchronization of sensitive data with multiple devices, such as tablets, smartphones and personal computers.

Personal Cloud Market Outlook 2021-2026:

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The global market is majorly driven by the rapid digitization across numerous industries. Coupled with the rising trend of remote working and bring your own devices (BYOD), this is expected to provide a boost to the market growth. Moreover, the widespread preference for cloud-based data recovery systems across small and medium organizations across the globe is also creating a positive outlook for the Themarket.market is further driven by the increasing popularity of social media platforms among the masses, which has provided an impetus to the demand for personal storage systems for storing data that can be accessed across several devices. Apart from this, continual technological advancements in the market have led to the rising preference for Cloud as a Service (CaaS) business models that offer enhanced flexibility, improved productivity and reduced infrastructural costs, thereby creating a positive outlook for the market. Some of the other factors contributing to the market include significant growth in the information technology (IT) industry, the proliferation of high-speed internet connectivity and extensive research and development (R&D) activities.

Global Personal Cloud Market Drivers/Constraints:

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On account of the aforementioned factors, the market is anticipated to grow at a CAGR of around 23% during 2021-2026.

Highlights Key Market Segmentation The research report includes the following segments: Breakup by Revenue Type: • Direct • Indirect Breakup by Hosting Type: • Service Providers • Consumers Breakup by End User: • Individuals • Enterprises

Description

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• Europe North America Asia Pacific Middle East and Africa

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• Latin America

Breakup by Region:

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Microsoft Corporation • SpiderOak Inc

Egnyte Inc. • Google LLC (Alphabet Inc)

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Buffalo Americas Inc • Dropbox Inc.

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Competitive Landscape

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Apple Inc.

Amazon Web Services Inc. (Amazon.com Inc)

Barracuda Networks Inc • Box Inc.

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3. What are the key regional markets?

6. What is the breakup of the market based on the end user?

9. What is the structure of the global personal cloud market and who are the key players?

2. What has been the impact of COVID-19 on the global personal cloud market?

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7. What are the various stages in the value chain of the industry?

5. What is the breakup of the market based on the hosting type?

4. What is the breakup of the market based on the revenue type?

8. What are the key driving factors and challenges in the industry?

10. What is the degree of competition in the industry?

1. How has the global personal cloud market performed so far and how will it perform in the coming years?

Report Description of Contents

Table

1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources. 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

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Table of Contents 5 Global Personal Cloud Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Revenue Type 6.1 Direct 6.1.1 Market Trends 6.1.2 Market Forecast 6.26.2.1IndirectMarket Trends 6.2.2 Market Forecast Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/personal-cloud-market/toc

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