Market Overview:
The global personal cloud market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The market was valued at US$ 9,584.8 Mn in 2017 and is projected to reach US$ 31,711.4 Mn by 2030. The growth of the global personal cloud market can be attributed to the increasing demand for storage and backup solutions owing to the rising volume of data generated by businesses and individuals across the globe.
Product Definition:
A personal cloud is a collection of digital content and devices that are personally owned and controlled. The content can include music, movies, books, photos, and documents. The devices can include smartphones, laptops, tablets, desktop computers, streaming media players (e.g., Roku), smart TVs (e.g., Samsung), home automation systems (e.g., Nest), and automotive infotainment systems (e.g., Tesla).
Direct Revenues:
Direct revenues is the portion of cloud services that are paid to service providers without any third-party involvement. The payments occur directly between the customer and service provider, with no going through a bank or any other intermediaries. In many cases, direct revenues can be used for billing as well as payment purposes.
Indirect Revenues:
Indirect revenues are the ones that come from customers other than the one who uses or purchases the product. In a personal cloud, indirect revenues account for around 60% of the market as people use third-party services and applications to manage their data.
The major sources of indirect revenue in a personal cloud include service providers such as Amazon Web Services (AWS).
Application Insights:
The individual segment held the largest market share in 2016. The growth of this segment can be attributed to the increasing usage of social media platforms and growing internet penetration in developing countries such as India, China, Brazil etc. Furthermore, rising disposable income levels has led to an increase in number of individuals using personal cloud services for storing their data. Small and medium-sized enterprises (SMEs) are expected to be the fastest-growing application segment over the forecast period owing to increased need for managing business operations efficiently through technology advancements. SMEs have been consistently adopting cloud computing solutions as it offers cost benefits over traditional onsite IT infrastructure while delivering enhanced productivity gains from remote work locations across different time zones and geographies with ease of access from any device with or without a internet connection by simply using a user name and password authentication model which is expected to drive adoption further driving revenue generation within this sector at a CAGR exceeding 20%.
Regional Analysis:
North America is expected to be the fastest growing regional market over the forecast period. The growth can be attributed to increasing investments in data centers and cloud services by enterprises and rapid technological advancements in networking, storage, virtualization, software technologies. Moreover, presence of major players such as IBM Corporation; Microsoft Corporation; Google Inc.; Cisco Systems Inc.; Hewlett Packard Enterprise Development LP; Salesforce.com Inc.; among others is also contributing towards market growth.
Asia Pacific region accounted for more than 25% share of global revenue in 2017 owing to increased adoption of cloud services by small & medium businesses (SMBs). Furthermore, government initiatives encouraging usage of mobile phones are also driving demand for personal cloud solutions across this region thereby boosting overall industry growth over the forecast period. For instance ‘Make in India’ initiative being undertaken by Indian Government which includes manufacturing sector expansion through 100% FDI under automatic route which will create opportunities for mobile phone manufacturers including Samsung Electronics Co.
Growth Factors:
- Increasing demand for data storage: The global data storage market is expected to grow from .6 billion in 2016 to .9 billion by 2021, at a CAGR of 23.3%. This growth can be attributed to the increasing volume of digital data being generated due to the proliferation of connected devices and the Internet of Things (IoT).
- Growing demand for cloud-based services: The cloud-based services market is expected to grow from 6.8 billion in 2016 to 3.4 billion by 2021, at a CAGR of 15.5%. This growth can be attributed to the growing acceptance of cloud-based services among enterprises and SMBs due to their lower costs and scalability benefits compared with on-premises solutions
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Scope Of The Report
Report Attributes
Report Details
Report Title
Personal Cloud Market Research Report
By Type
Direct Revenues, Indirect Revenues
By Application
Individual, Small Enterprises, Medium Enterprises
By Companies
Apple, Microsoft, Google, Amazon Web Services, Seagate, Dropbox, Egnyte, Buffalo Technology, Sugarsync, Box
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Personal Cloud Market Report Segments:
The global Personal Cloud market is segmented on the basis of:
Types
Direct Revenues, Indirect Revenues
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual, Small Enterprises, Medium Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Apple
- Microsoft
- Google
- Amazon Web Services
- Seagate
- Dropbox
- Egnyte
- Buffalo Technology
- Sugarsync
- Box
Highlights of The Personal Cloud Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Direct Revenues
- Indirect Revenues
- By Application:
- Individual
- Small Enterprises
- Medium Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Personal Cloud Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Personal Cloud is a service from Microsoft that lets you store your files and applications in the cloud. You can access them from any device with an internet connection. Personal Cloud also includes features like file sharing and synchronization, so you can keep your files up to date across all your devices.
Some of the key players operating in the personal cloud market are Apple, Microsoft, Google, Amazon Web Services, Seagate, Dropbox, Egnyte, Buffalo Technology, Sugarsync, Box.
The personal cloud market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Personal Cloud Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Personal Cloud Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Personal Cloud Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Personal Cloud Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Personal Cloud Market Size & Forecast, 2018-2028
4.5.1 Personal Cloud Market Size and Y-o-Y Growth
4.5.2 Personal Cloud Market Absolute $ Opportunity
Chapter 5 Global Personal Cloud Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Personal Cloud Market Size Forecast by Type
5.2.1 Direct Revenues
5.2.2 Indirect Revenues
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Personal Cloud Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Personal Cloud Market Size Forecast by Applications
6.2.1 Individual
6.2.2 Small Enterprises
6.2.3 Medium Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Personal Cloud Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Personal Cloud Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Personal Cloud Analysis and Forecast
9.1 Introduction
9.2 North America Personal Cloud Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Personal Cloud Market Size Forecast by Type
9.6.1 Direct Revenues
9.6.2 Indirect Revenues
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Personal Cloud Market Size Forecast by Applications
9.10.1 Individual
9.10.2 Small Enterprises
9.10.3 Medium Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Personal Cloud Analysis and Forecast
10.1 Introduction
10.2 Europe Personal Cloud Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Personal Cloud Market Size Forecast by Type
10.6.1 Direct Revenues
10.6.2 Indirect Revenues
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Personal Cloud Market Size Forecast by Applications
10.10.1 Individual
10.10.2 Small Enterprises
10.10.3 Medium Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Personal Cloud Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Personal Cloud Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Personal Cloud Market Size Forecast by Type
11.6.1 Direct Revenues
11.6.2 Indirect Revenues
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Personal Cloud Market Size Forecast by Applications
11.10.1 Individual
11.10.2 Small Enterprises
11.10.3 Medium Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Personal Cloud Analysis and Forecast
12.1 Introduction
12.2 Latin America Personal Cloud Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Personal Cloud Market Size Forecast by Type
12.6.1 Direct Revenues
12.6.2 Indirect Revenues
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Personal Cloud Market Size Forecast by Applications
12.10.1 Individual
12.10.2 Small Enterprises
12.10.3 Medium Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Personal Cloud Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Personal Cloud Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Personal Cloud Market Size Forecast by Type
13.6.1 Direct Revenues
13.6.2 Indirect Revenues
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Personal Cloud Market Size Forecast by Applications
13.10.1 Individual
13.10.2 Small Enterprises
13.10.3 Medium Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Personal Cloud Market: Competitive Dashboard
14.2 Global Personal Cloud Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apple
14.3.2 Microsoft
14.3.3 Google
14.3.4 Amazon Web Services
14.3.5 Seagate
14.3.6 Dropbox
14.3.7 Egnyte
14.3.8 Buffalo Technology
14.3.9 Sugarsync
14.3.10 Box
