Personal Cloud Market - Global Industry Analysis

Personal Cloud Market By Deployment (Individuals, Small Businesses, Medium Businesses) By Hosting Type (Provider Hosting And User Hosting): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2020 – 2028

Published Date: 26-Jun-2021 Category: Technology & Media Report Format : PDF Pages: 150 Report Code: ZMR-1936 Status : Published

The global Personal Cloud Market accounted for USD 53.1 Billion in 2020 and is expected to reach USD 193.5 Billion by 2028, growing at a CAGR of around 14.8% between 2021 and 2028.

Description

Market Overview     

The global Personal Cloud Market accounted for USD 53.1 Billion in 2020 and is expected to reach USD 193.5 Billion by 2028, growing at a CAGR of around 14.8% between 2021 and 2028.     

The personal cloud market provides accessibility, better storage, and sharing of user data additionally as improved security measures. Personal cloud services offer convenient and faster access to data, leading to its extensive popularity amongst the population and development of the private cloud market. The fast-growing tech-savvy populace has significantly resulted in the increasing demand for cloud computing services within recent times that have led to the fostering of the private cloud market. The rising employment of camera-based devices, like tablets & smartphones, has generated an enormous requirement for a secure platform to amass digital content, resulting in the event of a private cloud platform. Personal cloud services will facilitate file sharing and storage amongst the enterprises and employees who have accepted the BYOD trend, which can boost the private cloud market.

New product launch by market players is additionally claimed to spice up the private cloud market. for instance, in October 2017, Beeks Financial Cloud extended its connectivity and cloud hosting service to the cryptocurrency market, thereby boosting the private cloud market. Technological advancements so on launch affordable solutions and produce high-quality goods are likely to unlock new growth of opportunities within the years to return. 

COVID-19 Impact Analysis  

The global Personal Cloud Market has witnessed a slight decline in sales for the short term to the lockdown enforcement placed by governments to contain COVID spreading. However, increased data analytics and clinical insight requirements along with high spending on cloud-based application development and ERP solutions amidst the COVID-19 pandemic are creating revenue opportunities for cloud service providers. Various scenarios have been analyzed based on inputs from various secondary sources and the current data available about the situation.

Growth Factors

The industry is predicted to grow over the subsequent seven years at a big rate on account of accelerating investments for technological development. Rising demand for storing and sharing personal or professional data is predicted to reinforce the market over the forecast period. Demand for cloud computing is predicted to extend with the rising population and its technology awareness among consumers primarily in the Asia Pacific.

Report Scope:  

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Segment Analysis Preview  

Based on deployment type,  the market is segmented into individual, small business, and large organizations. The individual user segment is expected to dominate the market over the forecast period. Enterprises today are significantly evolving to match their user demands. The convergence of the cloud with mobile devices has changed the work culture within organizations. it's also driven enterprises to extensively adapt the personal cloud to escalate their overall productivity. The authorization to use one’s mobile device to access work content, from anywhere and at any time, has further supplemented the increase within the personal cloud market.

The market can also be segmented into host types including user host and provider host. The user demand for hosted cloud storage is expected to be high due to the easy availability and cost-effectiveness of cloud solutions from service providers. However, a provider-hosted segment is expected to dominate the personal cloud industry over the next seven years.

Region Segment Analysis Preview  

North America is predicted to carry the most important market size within the global personal cloud market, while Asia Pacific (APAC) is probably going to grow at the very best CAGR during the forecast period. North America is predicted to be the leading region in terms of adopting personal cloud services. within the US and Canada, the developed economies of North America, there's high specialization in innovations obtained from Research and Development (R&D) and technology. Moreover, the presence of major personal cloud vendors within the region drives the market growth. The APAC region is predicted to be the fastest-growing region within the personal cloud market, owing to the growing need for advanced intelligent solutions.

Key Market Players & Competitive Landscape

The report present comprehensive competitive outlook with company profiles of the key players operating in the global market. Key participants profiled in the report include Apple Inc., Amazon, Microsoft Corp., Google, Dropbox Inc., Seagate, Egnyte, Buffalo Technology, SpiderOak, MEGA Ltd., D-Link Corporation, ElephantDrive, Mozy Inc., POLKAST LLC, Dell, Just cloud.com and Sugarsync.

The global Personal Cloud Market is segmented as follows:

By Deployment Type

  • Individuals
  • Small Businesses
  • Medium Businesses

By Hosting Type

  • User Hosting
  • Provider Hosting

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Deployment Type
        • 2.1.1.2. Market Attractiveness Analysis, By Hosting Type
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Personal Cloud Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Personal Cloud Market – Deployment Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Deployment Type, 2020 & 2028
    • 4.2. Individuals
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Small Businesses
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Medium Businesses
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Personal Cloud Market – Hosting Type Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Hosting Type, 2020 & 2028
    • 5.2. User Hosting
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Provider Hosting
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Personal Cloud Market – Region Segment Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Deployment Type, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Hosting Type, 2016 – 2028
      • 6.2.5. U.S.
        • 6.2.5.1. U.S. Market Revenue, By Deployment Type, 2016 – 2028
        • 6.2.5.2. U.S. Market Revenue, By Hosting Type, 2016 – 2028
      • 6.2.6. Canada
        • 6.2.6.1. Canada Market Revenue, By Deployment Type, 2016 – 2028
        • 6.2.6.2. Canada Market Revenue, By Hosting Type, 2016 – 2028
      • 6.2.7. Mexico
        • 6.2.7.1. Mexico Market Revenue, By Deployment Type, 2016 – 2028
        • 6.2.7.2. Mexico Market Revenue, By Hosting Type, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Deployment Type, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Hosting Type, 2016 – 2028
      • 6.3.5. Germany
        • 6.3.5.1. Germany Market Revenue, By Deployment Type, 2016 – 2028
        • 6.3.5.2. Germany Market Revenue, By Hosting Type, 2016 – 2028
      • 6.3.6. France
        • 6.3.6.1. France Market Revenue, By Deployment Type, 2016 – 2028
        • 6.3.6.2. France Market Revenue, By Hosting Type, 2016 – 2028
      • 6.3.7. U.K.
        • 6.3.7.1. U.K. Market Revenue, By Deployment Type, 2016 – 2028
        • 6.3.7.2. U.K. Market Revenue, By Hosting Type, 2016 – 2028
      • 6.3.8. Italy
        • 6.3.8.1. Italy Market Revenue, By Deployment Type, 2016 – 2028
        • 6.3.8.2. Italy Market Revenue, By Hosting Type, 2016 – 2028
      • 6.3.9. Spain
        • 6.3.9.1. Spain Market Revenue, By Deployment Type, 2016 – 2028
        • 6.3.9.2. Spain Market Revenue, By Hosting Type, 2016 – 2028
      • 6.3.10. Rest of Europe
        • 6.3.10.1. Rest of Europe Market Revenue, By Deployment Type, 2016 – 2028
        • 6.3.10.2. Rest of Europe Market Revenue, By Hosting Type, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Deployment Type, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Hosting Type, 2016 – 2028
      • 6.4.5. China
        • 6.4.5.1. China Market Revenue, By Deployment Type, 2016 – 2028
        • 6.4.5.2. China Market Revenue, By Hosting Type, 2016 – 2028
      • 6.4.6. Japan
        • 6.4.6.1. Japan Market Revenue, By Deployment Type, 2016 – 2028
        • 6.4.6.2. Japan Market Revenue, By Hosting Type, 2016 – 2028
      • 6.4.7. India
        • 6.4.7.1. India Market Revenue, By Deployment Type, 2016 – 2028
        • 6.4.7.2. India Market Revenue, By Hosting Type, 2016 – 2028
      • 6.4.8. South Korea
        • 6.4.8.1. South Korea Market Revenue, By Deployment Type, 2016 – 2028
        • 6.4.8.2. South Korea Market Revenue, By Hosting Type, 2016 – 2028
      • 6.4.9. South-East Asia
        • 6.4.9.1. South-East Asia Market Revenue, By Deployment Type, 2016 – 2028
        • 6.4.9.2. South-East Asia Market Revenue, By Hosting Type, 2016 – 2028
      • 6.4.10. Rest of Asia Pacific
        • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Deployment Type, 2016 – 2028
        • 6.4.10.2. Rest of Asia Pacific Market Revenue, By Hosting Type, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Deployment Type, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Hosting Type, 2016 – 2028
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Market Revenue, By Deployment Type, 2016 – 2028
        • 6.5.5.2. Brazil Market Revenue, By Hosting Type, 2016 – 2028
      • 6.5.6. Argentina
        • 6.5.6.1. Argentina Market Revenue, By Deployment Type, 2016 – 2028
        • 6.5.6.2. Argentina Market Revenue, By Hosting Type, 2016 – 2028
      • 6.5.7. Rest of Latin America
        • 6.5.7.1. Rest of Latin America Market Revenue, By Deployment Type, 2016 – 2028
        • 6.5.7.2. Rest of Latin America Market Revenue, By Hosting Type, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Deployment Type, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Hosting Type, 2016 – 2028
      • 6.6.5. GCC Countries
        • 6.6.5.1. GCC Countries Market Revenue, By Deployment Type, 2016 – 2028
        • 6.6.5.2. GCC Countries Market Revenue, By Hosting Type, 2016 – 2028
      • 6.6.6. South Africa
        • 6.6.6.1. South Africa Market Revenue, By Deployment Type, 2016 – 2028
        • 6.6.6.2. South Africa Market Revenue, By Hosting Type, 2016 – 2028
      • 6.6.7. Rest of Middle-East Africa
        • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Deployment Type, 2016 – 2028
        • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By Hosting Type, 2016 – 2028
  • Chapter No. 7: Personal Cloud Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Technology Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Personal Cloud Market: Company Market Share, 2019
      • 8.1.2. Global Personal Cloud Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Personal Cloud Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Personal Cloud Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. Amazon
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. Microsoft Corp.
    • 9.3 Google
    • 9.4 Dropbox Inc
    • 9.5 Seagate
    • 9.6 Egnyte
    • 9.7 Buffalo Technology
    • 9.8 SpiderOak
    • 9.9 MEGA Ltd.
    • 9.10 D-Link Corporation
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Deployment Type
FIG NO. 2. Market Attractiveness Analysis, By Hosting Type
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Personal Cloud Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Deployment Type, 2020 & 2028 
FIG NO. 7. Global Personal Cloud Market for Individuals, Revenue (USD Billion) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Personal Cloud Market for Individuals, By Country, 2020 & 2028
FIG NO. 9. Global Personal Cloud Market for Small Businesses, Revenue (USD Billion) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Personal Cloud Market for Small Businesses, By Country, 2020 & 2028
FIG NO. 11. Global Personal Cloud Market for Medium Businesses, Revenue (USD Billion) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Personal Cloud Market for Medium Businesses, By Country, 2020 & 2028
FIG NO. 13. Market Revenue Share, By Hosting Type, 2020 & 2028
FIG NO. 14. Global Personal Cloud Market for User Hosting, Revenue (USD Billion) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of Personal Cloud Market for User Hosting, By Country, 2020 & 2028 
FIG NO. 16. Global Personal Cloud Market for Provider Hosting, Revenue (USD Billion) 2016 – 2028
FIG NO. 17. Comparative Revenue Analysis of Personal Cloud Market for Provider Hosting, By Country, 2020 & 2028
FIG NO. 18. Global Personal Cloud Market Revenue Share, By Region, 2020 & 2028
FIG NO. 19. North America Personal Cloud Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 20. Porter’s Five Forces Analysis for Global Personal Cloud Market
FIG NO. 21. PEST Analysis for Global Personal Cloud Market
FIG NO. 22. Pricing Analysis for Global Personal Cloud Market
FIG NO. 23. Value Chain Analysis for Global Personal Cloud Market
FIG NO. 24. Company Share Analysis, 2019
FIG NO. 25. Radar Determinant Chart, 2019
FIG NO. 26. Company Strategic Developments – Heat Map Analysis
FIG NO. 27. Royal DSM Company Business Segment Revenue Share, 2020 (%)
FIG NO. 28. Royal DSM  Company Geographical Segment Revenue Share, 2020 (%)
FIG NO. 29. Market Channels
FIG NO. 30. Marketing Channel Development Trend
FIG NO. 31. Growth in World Gross Product, 2008-2018
FIG NO. 32. Research Methodology – Detailed View
FIG NO. 33. Research Methodology
 


Table Of Tables

List of Tables 

TABLE NO. 1. Global Personal Cloud Market: Snapshot
TABLE NO. 2. Quarterly Personal Cloud Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Personal Cloud Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion) 
TABLE NO. 6. Global Personal Cloud Market for Individuals, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Personal Cloud Market for Small Businesses, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Personal Cloud Market for Medium Businesses, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Personal Cloud Market for User Hosting, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10 Global Personal Cloud Market for Provider Hosting, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11 Global Personal Cloud Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 12. North America Personal Cloud Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 13. North America Personal Cloud Market Revenue, By Deployment Type, 2016 – 2028 (USD Billion)
TABLE NO. 14. North America Personal Cloud Market Revenue, By Hosting Type, 2016 – 2028 (USD Billion)
TABLE NO. 15. U.S. Personal Cloud Market Revenue, By Deployment Type, 2016 – 2028 (USD Billion)
TABLE NO. 16. U.S. Personal Cloud Market Revenue, By Hosting Type, 2016 – 2028 (USD Billion)
TABLE NO. 17. Canada Personal Cloud Market Revenue, By Deployment Type, 2016 – 2028 (USD Billion)
TABLE NO. 18. Canada Personal Cloud Market Revenue, By Hosting Type, 2016 – 2028 (USD Billion)
TABLE NO. 19. Mexico Personal Cloud Market Revenue, By Deployment Type, 2016 – 2028 (USD Billion)
TABLE NO. 20. Mexico Personal Cloud Market Revenue, By Hosting Type, 2016 – 2028 (USD Billion)
TABLE NO. 21. Drivers for the Personal Cloud Market: Impact Analysis
TABLE NO. 22. Restraints for the Personal Cloud Market: Impact Analysis
TABLE NO. 23. Major Buyers of Anti-Reflective Coatings
TABLE NO. 24. Distributors/Traders List of Anti-Reflective Coatings
TABLE NO. 25. Global Personal Cloud Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 26: Global Personal Cloud Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)   


 

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Personal Cloud market. Zion Research has collected and analyzed key data belong to the global Personal Cloud market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macro economic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Personal Cloud across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Personal Cloud industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases, and market reports

News articles, press releases, and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Personal Cloud market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage, and infrastructure, sector growth and facilities
  • Data is then crosschecked by an expert panel.

Free Analysis

The global personal cloud market is a storage platform that enables the customers to access, synchronize and share stored data across various mobile devices such as smartphone and tablets. In this period of digitalization, there is a rising need for storing and sharing personal data or professional data. The rapidly increasing tech-savvy population has considerably led to the growing demand for 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. Personal cloud market would facilitate file storage and share among the employees and enterprises who have adopted the BYOD trend.

Personal cloud services offer better storage, ease of access and sharing of user data along with superior security features. They have set up new standards for individuals to utilize the cloud computing services by offering better user experience and ease of use. Growing BYOD and mobile workforce trends are one of the major drivers which is driving the growth of the personal cloud market. The usage of multiple devices would drive the rapid adoption of personal cloud solutions among individuals. In future, these services are expected to witness widespread demand among individual and business customers owing to the growing need for data storage platforms, leading to the increased adoption of personal cloud services.

Global-Personal-Cloud-Market

The global personal cloud market is segmented into deployment type, hosting type and regions. The deployment of personal cloud market is segmented into individuals, small businesses and medium businesses. The hosting type is segmented into user hosting and provider hosting. Last but not the least; the market is analyzed based on five regions namely North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.

The major participants in the personal cloud market which includes Amazon, Apple, Google, Seagate, Box, Microsoft, Dropbox, Engyte, Buffalo Technology, and Sygarsync.

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FrequentlyAsked Questions

The global Personal Cloud Market was valued at USD 53.1 billion in 2020.

The global Personal Cloud Market is expected to reach USD 193.5 billion by 2028, growing at a CAGR of 14.8% between 2021 to 2028.

As the tech is getting improved every day, personal cloud services have began providing convenience, interactivity, and user privacy, which was not achievable before. But the enhancing tech has made it possible, boosting the personal cloud market. Real time and fast access to info and increasing awareness are some of the major drivers affecting the growth of the personal cloud market. 

North America was the biggest Personal Cloud Market on the globe in terms of adopting personal cloud services. The Asia Pacific is likely to be the quickest growing Personal Cloud Market in the years to come.

Key participants profiled in the report include Apple Inc., Amazon, Microsoft Corp., Google, Dropbox Inc., Seagate, Egnyte, Buffalo Technology, SpiderOak, MEGA Ltd., D-Link Corporation, ElephantDrive, Mozy Inc., POLKAST LLC, Dell, Just cloud.com and Sugarsync.

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