Press release
Personal Cloud Storage Market Poised for Significant Growth of USD 139.22 Billion by 2030
This Personal Cloud Storage market report is the most suitable solution for your business requirements in many ways. The best tools have been adopted to generate this report which is SWOT analysis and Porter's Five Forces analysis. Nowadays, businesses are highly relying on the different segments covered in the market research report which presents better insights to drive the business into right direction. This Personal Cloud Storage market report is a complete overview of the market that covers various aspects of product definition, market segmentation based on various parameters, and the existing vendor landscape.The report classifies the global Personal Cloud Storage market size with respect to its value & volume by manufacturers, type, application, and region. Personal Cloud Storage report helps out to meet the strategic and specific needs of the organization or business, by providing comprehensive market research analysis. The forecast, analysis and estimations that are carried out in this report are all based upon the finest and well established tools and techniques such as SWOT analysis and Porter's Five Forces analysis. The Personal Cloud Storage market report without any doubt acts as a great source of motivation to seek new business ventures and evolve better.
Data Bridge Market Research analyses that the personal cloud storage market is expected to reach USD 139.22 billion by 2030, which is USD 22.87 billion in 2022., at a CAGR of 25.33% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Drivers
Growing data volumes
Personal cloud storage is a platform for the storage of personal data of individuals. The incorporation of machine learning (ML), internet-of-things (IoT), artificial intelligence (AI) and analytics in cloud storage facilities may allow manufacturers to attract more consumers. For instance, NextBillion AI, a California-based start-up, collaborated with Google Cloud in February 2021. This collaboration enhanced time-to-time market solutions by using SQL and storage. With this partnership, the company goals to provide NextBillion artificial intelligence with a 99% uptime AND offer excellent data protection. These factors are expected to drive the market growth globally.
Increasing data breaches in the banking sector
The growing data breaches in the banking sector are propelling the banks to adopt cloud storage which allows them to store personal data or information in a space managed and owned by third party or the bank. This is providing improved security to the end-user. This is anticipated to increase personal cloud storage adoption during the forecast period.
Growth strategies by key market players
Akamai Technologies (U.S.)
Microsoft (U.S.)
IBM (U.S.)
Edgio (U.S.)
Google (U.S.)
AWS (U.S.)
Amazon Web Services, Inc. (U.S.)
Hewlett Packard Enterprise Development LP (U.S.)
Oracle (U.S.)
RACKSPACE TECHNOLOGY (U.S.)
Dell Inc (U.S.)
Huawei Technologies Co., Ltd (China)
Fujitsu (Japan)
Hitachi Vantara LLC (U.S.)
ASUS Open Cloud (Taiwan)
Citrix Systems, Inc. (U.S.)
Alibaba Cloud (China)
VMware, Inc (U.S.)
Buffalo (Japan)
Seagate Technology LLC (U.S.)
NetApp (U.S.)
Tencent Cloud (China)
Reasons to buy this report:
**Detailed analysis of key factors and opportunities available in different segments for strategizing.
**Detailed analysis of the latest trends and forecasts to create a plan for the next step.
**Detailed analysis of various segments and their driving factors such as growth rate and revenue is offered.
**A thorough analysis of each geographic region can help market players devise expansion strategies and gain from the opportunity.
**Useful insights on each of the leading market players for outlining competitive scenarios and related strategies have been offered in the report.
To Read more about this report | Visit @ https://www.databridgemarketresearch.com/reports/global-personal-cloud-storage-market
Key Market Segmentation
Component
Solutions
Services
User Type
Consumer
Enterprise
Application
Primary Storage
Backup and Disaster Recovery
Archiving
Vertical
BFSI
IT
Telecommunications
Healthcare and Life Sciences
Media and Entertainment
Consumer Goods and Retail
Manufacturing, Government and Public Sector
Energy and Utilities
What questions does the Business Personal Cloud Storage market report reply pertaining to the regional attain of the business?
**The report claims to separate the regional scope of the Personal Cloud Storage market into North America, Europe, Asia-Pacific, South America & Center East and Africa. This amongst these areas has been touted to amass the most important market share over the anticipated period
**Contemplating the current situation, how a lot income will every area attain by the tip of the forecast interval
**How a lot is the market share that every of those areas has accrued presently
**How a lot is the expansion price that every topography will depict over the expected timeline
Other important inclusions in the Personal Cloud Storage market report:]
**Key player players profiled in the Personal Cloud Storage market
**The report uncovers the production patterns and remuneration of each company across their territories.
**In-depth company profile along with remuneration, pricing model, gross margins, and all other financial aspects are given as well.
**Revenue share and sales volume estimates of each product type are validated in the report.
**Substantial information concerning the production pattern, growth rate, and market share of each product type over the analysis period are underlined.
**The research document also divides the Personal Cloud Storage market based on the application scope.
**The market share of each application together with their individual growth rate are listed.
**Insights about the competitive dynamics, along with an analytical review of the industry supply are provided.
**It further includes Porter's five forces analysis as well as SWOT analysis to evaluate the feasibility of a new project.
Click to view the full report Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-personal-cloud-storage-market
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Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
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