Personal Cloud Market: Growth Trends, SWOT Analysis & Forecast To 2025
The personal cloud market is driven by the increase in demand for cost-efficient storage, data sharing, ease in data access, use of portable devices, and safety against data loss. One of the primary benefits of cloud includes storage space management at the users' residence with data center infrastructure to the service provider.
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North America leads the personal cloud market owing to the advent of new technologies and increased awareness among the masses in the region. The region holds the largest share of professional services in the cloud market, which can be attributed to the early adoption of cloud services in the U.S. market. The driving factor to aid cloud computing in the region is the minimal capital expenditure. The benefits the region offers in the market include enhanced flexibility and agility with the capability to deploy new apps smoothly.
Enterprises categorization: As per the report, the Enterprises landscape of the personal cloud market is split into -
o Large Eterprises
What Information does this report contain?
o Historical data coverage: 2014 to 2018; Growth Projections: 2019 to 2025.
o Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
o 6-7 year performance forecasts: major segments covering applications, top products and geographies.
o Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
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The personal cloud market research study is inclusive of a massive evacuation of the industry in question. The methodology used to derive valuable insights pertaining to the personal cloud market as well as the primary and secondary sources referred to have been elaborated in the report. Information pertaining to the financial data of mentioned shareholders and the present pricing trends are enumerated in the study.
It is estimated that the adoption of personal cloud services shall witness a positive growth owing to the increase in the use of hybrid cloud within large enterprises. Therefore, it is anticipated that IT will invest in the reliable network infrastructure or the adoption of hybrid cloud for services. Some of the key players present in the personal cloud market are AWS, Apple, Buffalo Technology, Barracuda Networks, Dropbox, Box, SugarSync, SpiderOak, Google, Engyte, Mediafire, Microsoft, and Seagate.
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