Consumer Cloud Storage Services Market 2022 Global Projection By Key Players - Apple Inc., Google (Alphabet Inc.), Box, Inc., Dropbox, Inc- Analysis and Forecast to 2026

Consumer Cloud Storage Services Market 2022-2026

New Future Study Reports "Consumer Cloud Storage Services Market 2022 Global Strategies, Opportunities, Growth, Dynamics, Competitive Landscape, SWOT Analysis and Forecasts 2026" has been Added on PMR.

Report Summary:

A complete evaluation of the Consumer Cloud Storage Services Market is published on Market Research Future. Major forces impacting the Consumer Cloud Storage Services Market and their impact on the Consumer Cloud Storage Services Market rise are presented in detail in the report. A complete analysis of COVID 19 impact on the Consumer Cloud Storage Services Market is offered along with the report. In addition, the influence of natural disaster and political tension on the Consumer Cloud Storage Services Market are also presented in the report. Real time and short-term impact, along with major long-term consequences of these forces on the Consumer Cloud Storage Services Market is also detailed in the report. The report comprises of segment and regional analysis section. A complete another section is dedicated to the dynamics of key players operating in the Consumer Cloud Storage Services Market.

The global consumer cloud storage services market is expected to grow at a CAGR of 14.9% during the forecast period. The consumer cloud storage services market was valued at US$ 912.6 Mn in 2017, and is projected to grow significantly to reach US$ 3,071.2 Mn by 2026 due to an increase in the availability of HD video content across the globe.

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Key Players:

The report has profiled some of the Important players prevalent in the global like - Apple Inc., Google (Alphabet Inc.), Box, Inc., Dropbox, Inc., com, Inc., Microsoft Corporation, com Inc., Hubic (OVH), Mediafire, pCloud AG and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Consumer Cloud Storage Services.

In this report, PMR has segmented the global consumer cloud storage services market on the basis of storage tier, user age, and region. By storage tier, the market is subsegmented into 50 GB-999 GB, 1 TB - 9.99 TB, and >= 10 TB. Due to an affordable pricing structure, the 50 GB-999 GB subsegment was valued at 487.7 Mn in 2017. The 50 GB-999 GB subsegment of the consumer cloud storage services market is also projected to grow with a double-digit growth rate during the forecast period. Furthermore, the usage of social media sites, such as Facebook, YouTube, and Twitter, is very high in developed countries such as the U.S., U.K., Germany, and Canada. These sites are getting multimedia-heavy day by day, which is motivating users to create more content such as videos and photos.

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With these factors, the 1 TB - 9.99 TB subsegment is also expected to create potential opportunities for the vendors of consumer cloud storage services. As multimedia content is now being accessed through subscription services by a large number of users, cloud service providers are looking for new possible usages with data stored on the cloud. Major area of focus for several cloud service providers are collaboration tools and third-party integrations. Owing to this, the 18-40 years segment, a subsegment of the "by user age" segment, is projected to hold a market share of more than 70% at the end of 2018 in the global consumer cloud storage services market. Moreover, the 18-40 years subsegment is expected to grow at a relatively higher CAGR as the demand for consumer cloud storage services is growing rapidly in various countries such as India, U.K., and China. Due to a continuous increase in the number of mobile workforce, the 18-40 years subsegment is also expected to witness a high growth rate during the forecast period.

On the basis of geography, the North America consumer cloud storage services market is expected to dominate the global consumer cloud storage services market due to advancements in next-generation communication and cloud technologies in the country. The region has witnessed the widespread deployment of smartphones and virtual storage technologies in the past couple of years. These factors are fuelling the growth of the consumer cloud storage services market in North America. The consumer cloud storage services market has high potential in Europe owing to major technological advancements in the telecommunication industry and increase in the number of mobile workforce in various countries of the region.

Key Stakeholders:

Consumer Cloud Storage Services Market Manufacturers
Consumer Cloud Storage Services Market Distributors/Traders/Wholesalers
Consumer Cloud Storage Services Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

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Consumer Cloud Storage Services Market - Report Highlights

A detailed overview of parent market of Consumer Cloud Storage Services market
Changing Consumer Cloud Storage Services market dynamics in the industry
In-depth segmentation of the Consumer Cloud Storage Services market
Historical, current, and projected Consumer Cloud Storage Services market size regarding volume and value
Recent industry trends and developments in Consumer Cloud Storage Services market
Competitive landscape of the Consumer Cloud Storage Services market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Consumer Cloud Storage Services market performance
Must-have information for Consumer Cloud Storage Services market players to sustain and enhance their market footprint.

Key Questions Answered in This Report:

What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
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