2023 Personal Cloud Market Projected to Reach USD 56.6 billion By 2030 Analysis with Key Players IBM Corporation, Oracle, Dell, Commvault Systems and Microsoft

A personal cloud, which is a collection of digital services and content, is accessible from any device. The idea of a personal cloud is a vague one.

The Global Personal Cloud Market size was valued at USD 20.5 Bn in 2021 and is projected to reach USD 56.6 Bn by 2030 recording a CAGR of 19.6%. One of the main reasons influencing the market's growth is the substantial development of the information technology (IT) sector around the world, combined with the fast digitization of industries. Additionally, the market is growing due to the rising use of cloud-based data recovery technologies.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭@ https://www.extrapolate.com/sample/Information-Technology-Communication-IoT/personal-cloud-market/25803

A local network-attached storage (NAS) cloud facility used for storing and sharing personal or professional data, such as films, images, and documents, is referred to as a personal cloud or mobile cloud. It is a collection of remotely accessible digitally stored services and data that is widely used by individuals, small businesses, and organizations. Sensitive data is synchronized or shared through it with a variety of devices, including tablets, laptops, and smartphones.

𝐄𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞𝐬 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐬 𝐓𝐡𝐞𝐲 𝐈𝐧𝐯𝐞𝐬𝐭 𝐒𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭𝐥𝐲 𝐢𝐧 𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥 𝐂𝐥𝐨𝐮𝐝

On the basis of end-user, the global market for personal cloud is segmented into individuals and enterprises. The enterprise segment has dominated the market in 2021 and is expected to continue its dominance over the projection period. When compared to consumers, businesses have more traction with personal clouds. As personal cloud systems are accessible and offer excellent economies of scale, enabling companies to use them resulted in gaining popularity among businesses.

Companies invest significantly in adopting personal cloud storage since they spare no expense in their fiercely competitive global marketplace. Furthermore, the growth of the segment is fostered by businesses' growing investments in infrastructure upgrades and consumer demand fulfillment.

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐃𝐢𝐠𝐢𝐭𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐆𝐥𝐨𝐛𝐚𝐥𝐥𝐲 𝐭𝐨 𝐃𝐫𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

As a result of increasing digitization, there is a greater need for personal data access and exchange, which is boosting demand for cloud computing services. Businesses that are adopting the bring your own device trend can share and access file storage due to personal cloud services. The demand for data storage platforms is rising as more people utilize social networking sites and smartphones.

As more people use devices, personal cloud solutions such as synology diskstation, lacie cloud box, and WD my cloud mirror are growing in popularity. In the upcoming years, it is anticipated that demand for personal cloud services would increase due to the rise in need for high-frequency data access, data sharing, cost-effective and efficient storage, and safety against data loss.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐬 𝐖𝐢𝐭𝐡 𝐓𝐎𝐂@ https://www.extrapolate.com/Information-Technology-Communication-IoT/personal-cloud-market/25803

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐭𝐨 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐄𝐱𝐩𝐚𝐧𝐝𝐢𝐧𝐠 𝐓𝐡𝐞𝐢𝐫 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐭𝐨 𝐆𝐚𝐢𝐧 𝐏𝐫𝐨𝐟𝐢𝐭

Leading companies in the global personal cloud market are likely to expand their product portfolios in an effort to dominate the industry. Businesses ensure that their revenue share increases by diversifying the products they offer. Businesses of market participants are likely to grow with the aid of strategic partnerships.

𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐩𝐞𝐫𝐬𝐨𝐧𝐚𝐥 𝐜𝐥𝐨𝐮𝐝 𝐦𝐚𝐫𝐤𝐞𝐭:
-IBM Corporation
-Oracle
-Dell Inc.
-Commvault Systems, Inc.
-Microsoft
-Veritas
-Acronis International GmbH
-Unitrends.
-Hewlett Packard Enterprise
-Veeam Software
-NetApp, Inc
-Amazon Web Services, Inc.

𝐑𝐞𝐜𝐞𝐧𝐭 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 -

● June 2021 - The WISeID Cloud Storage service was introduced as a new feature of the WISeID platform for digital identification and cybersecurity services by Wisekey International Holding SA, a well-known cybersecurity and IoT business. Users of the WISeID Cloud Storage service can store protected files on servers that are protected by Swiss technology from WISeKey.

● September 2021 - Microsoft and global travel technology firm OYO established a multi-year strategic partnership to jointly develop cutting-edge travel and hospitality products and solutions. In order to spur cloud-based innovations and reinvent the hotel and travel tech sector, OYO will use Microsoft Azure as a major enabler.

𝐓𝐡𝐞 𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥 𝐂𝐥𝐨𝐮𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐜𝐚𝐧 𝐛𝐞 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧:

𝐁𝐲 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐓𝐲𝐩𝐞
-Direct
-Indirect

𝐁𝐲 𝐇𝐨𝐬𝐭𝐢𝐧𝐠 𝐓𝐲𝐩𝐞
-Service Providers
-Consumers

𝐁𝐲 𝐄𝐧𝐝 𝐮𝐬𝐞𝐫
-Individuals
-Enterprises

𝐁𝐲 𝐑𝐞𝐠𝐢𝐨𝐧
-North America- U.S., Mexico, Canada
-Europe- UK, France, Germany, Italy, Spain, Rest of Europe
-Asia-Pacific- China, Japan, India, South Korea, Rest of Asia Pacific
-South America- Brazil, Argentina, Colombia, Rest of South America
-The Middle East and Africa- GCC, South Africa, Rest of Middle East & Africa

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐑𝐞𝐩𝐨𝐫𝐭@ https://www.extrapolate.com/enquire/Information-Technology-Communication-IoT/personal-cloud-market/25803

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐭𝐨 𝐋𝐞𝐚𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐡𝐚𝐫𝐞 𝐃𝐮𝐞 𝐭𝐨 𝐏𝐫𝐞𝐬𝐞𝐧𝐜𝐞 𝐨𝐟 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐂𝐥𝐨𝐮𝐝 𝐏𝐫𝐨𝐯𝐢𝐝𝐞𝐫𝐬

North America is predicted to dominate the market over the projected period due to the presence of prominent cloud providers and a sizable number of data centers. Additionally, the daily production of enormous amounts of data is being increased due to the use of linked devices, smart home appliances, streaming services, and digital payments. Due to these enormous data volumes, cloud data storage is increasingly sought after all throughout the United States.

Asia Pacific is expected to experience the highest growth rate during the anticipated period. China, India, Japan, South Korea, Singapore, and other developing nations are increasing their investment, which is boosting the market. The region's adoption of cloud technology is spurred by regional government initiatives to promote digital transformation.

𝐓𝐀𝐁𝐋𝐄 𝐎𝐅 𝐂𝐎𝐍𝐓𝐄𝐍𝐓𝐒:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Personal Cloud Market
Chapter 5. Global Personal Cloud Market Overview, By Revenue Type, 2017 - 2030(USD Million)
Chapter 6. Global Personal Cloud Market Overview, By Hosting Type, 2017 - 2030(USD Million)
Chapter 7. Global Personal Cloud Market Overview, By End user, 2017 - 2030(USD Million)
Chapter 8. Global Personal Cloud Market Overview, By Geography, 2017 - 2030(USD Million)
Chapter 9. North America Personal Cloud Market Overview, By Countries, 2017 - 2030(USD Million)
....Continued

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