Personal Cloud Market Mergers & Acquisitions, Expansion Plans, Demand, Business Challenges, Opportunities and Major Key Players | Apple Inc., Barracuda Networks Inc, Box Inc.

According to the latest report by IMARC Group, titled "Personal Cloud Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global personal cloud market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 23% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.

Informed covered in the report:
• Historical market data from 2016-2021
• CAGR of the market during the forecast period 2022-2027
• Detailed information on factors that will drive market growth during the next five years
• Precise estimation of the Keyword market size and its contribution to the parent market
• Upcoming market trends and changes in consumer behavior
• A thorough analysis of the market's competitive landscape and detailed information on key players
• Comprehensive details of factors that will challenge the growth of smart meters market key players

Note: We are updating our reports, If you want the latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you via email within 24 to 48 hours."

Industry Overview and Application:

Also known as mobile cloud, personal cloud is used to store and share personal or professional data. It assists in synchronizing or sharing sensitive data with various devices, such as tablets, personal computers (PCs), and smartphones. It also aids in eliminating the need for storing information on a hardware device and enhancing storage space and accessibility to users. As personal cloud can be easily accessed remotely, it is gaining immense traction worldwide.

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Market Trends and Business SWOT:

At present, there is considerable growth in the information technology (IT) industry around the world. This, in confluence with the rising adoption of cloud-based data recovering systems, represents one of the key factors strengthening the market growth. Apart from this, the increasing trend of bring-your-own-devices (BYOD) and work from home are driving the market. Furthermore, leading players are introducing advancements that offer enhanced productivity, flexibility, and reduced infrastructural costs to organizations. This is anticipated to impel the market growth.

Personal Cloud Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the global personal cloud market has been studied in the report with the detailed profiles of the key players operating in the market.

Personal Cloud Market key players include:

• Amazon Web Services Inc. (Amazon.com Inc)
• Apple Inc.
• Barracuda Networks Inc
• Box Inc.
• Buffalo Americas Inc
• Dropbox Inc.
• Egnyte Inc.
• Google LLC (Alphabet Inc.)
• Microsoft Corporation
• SpiderOak Inc

Personal Cloud Market Segmentation:

The report has segmented the global personal cloud market on the basis of revenue type, hosting type, end user and region.

Breakup by Revenue Type:

• Direct
• Indirect

Breakup by Hosting Type:

• Service Providers
• Consumers

Breakup by End User:

• Individuals
• Enterprises

Breakup by Region:

• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

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