Personal Cloud Market Overview:

The Personal Cloud market industry is projected to grow from USD45.8128 Billion in 2023 to USD 377.1726 billion by 2032, exhibitinga compound annual growth rate (CAGR) of 30.15% during the forecast period (2023 - 2032). According to analysts, increased need for additional storage as well as need for disaster recovery planning will drive the market growth during the forecast period. The personal cloud market research report offers a comprehensive analysis of the global personal cloud market and its hosting type, region, revenue type, user type, and cloud type segments. The lack of awareness along with poor connectivity environments are the elements that could influence the personal cloud market advancement throughout the forecast period. The personal cloud market research report by expert analysts is developed to assist organizations in the personal cloud market.

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Key Players:

Key Companies in the Personal Cloud market include,

• JAPAN, Box Inc. of the United States
• Amazon Web Services Inc. of the United States
• Egypt of the United States
• Seagate Technology PLC
• Dropbox Inc of the United States

Market Segmentation:

The global personal cloud market has been segmented based on hosting type, region, revenue type, user type, and cloud type. On the basis of hosting type, the market for personal cloud is segmented based on providers’ hosting and users’ hosting. Additionally, the market on the basis of revenue type, is segmented into direct revenue, and indirect revenue. The global market for personal cloud is also covered based on the user type segment which is further split into individual, small business, and medium business. On the basis of cloud type, the market for personal cloud is segmented based on home-made cloud, NAS cloud, server cloud, and online cloud. 

Major elements such as prevalence of data security applications could obstruct the personal cloud market growth. However, according to the personal cloud market research report, pre-installed storage services along with free service plans and other such offerings will propel growth throughout the forecast period. The personal cloud market is set to register growth at a high CAGR owing to these key factors. The exploration of hosting type, region, revenue type, user type, and cloud type segments along with regional markets has been given in the global personal cloud market research report. The research analysts studying the personal cloud market have put out market forecasts in the personal cloud market research report in order to support personal cloud market-based companies. The personal cloud market research report provides an extensive understanding of the personal cloud market based on the information and forecasts till 2023.

Regional Overview:

North America, Europe, Asia Pacific and the rest of the world regional market for personal cloud are predominantly covered in the global personal cloud market research report. Country-level personal cloud markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level personal cloud markets are covered in the report. In Asia-Pacific (APAC) region, the country-level personal cloud markets covered are Japan, India, China, and others. The personal cloud market research report also explores the regional market for personal cloud present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The personal cloud market research report also covers regional markets from the rest of the world alongside personal cloud markets of Africa and the Middle East.

Competitive Landscape:

Growth of  data centers and cloud servers is presumed to drive the personal cloud market growth worldwide. The global personal cloud market could be challenged by concerns regarding security and safety, nevertheless, organizations in the personal cloud market will carry the growth rate forward. The personal cloud market research report presents company profiles of major companies active in the personal cloud market globally. Furthermore, the global personal cloud market report offers an all-inclusive analysis of the market collected from the personal cloud market’s primary and secondary sources covering both decision makers and thought leaders. The personal cloud market research report highlights such key areas assisting businesses operating in the personal cloud market to build better growth strategies.

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Industry News: 

In recent times, Dell's cloud platform team has been devising the best way to summarize the company's IT infrastructure so that they can make use of it as close to experience using AWS or Azure infrastructure as a service. In the process, you can now order rows of hardware and software equipment racks that will be shipped to your own data center and deployed within what Dell promised, no more than 14 days, all of them pre-integrated based on your requirements.

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