Adoption of Next-Generation Connectivity Devices Could Be Gateway for Personal Cloud Market Growth
Comunicato Precedente
Comunicato Successivo
NEW YORK, Sept. 29, 2021 /PRNewswire/ -- As per a recent market survey by market intelligence provider Fact.MR, the global personal cloud market reached a valuation of US$ 30 Bn in 2020. Expanding at a stupendous 40% CAGR, Fact.MR projects the total revenue to top US$ 220 Bn in 2031.
Increasing demand for high-frequency data access and sharing, along with cost-effective data storage solutions for personal and professional data is propelling sales of personal cloud software and services.
In addition to this, an increasing number of social media platforms and rapidly expanding tech-savvy population are boosting the adoption of personal cloud services. Customers are looking for safer ways to store their photos, videos, contacts, and documents without compromising device storage. This, in turn, is anticipated to continue fueling sales of personal cloud services.
Request a report sample to gain comprehensive insights at
https://www.factmr.com/connectus/sample?flag=S&rep_id=6944
Personal cloud market players are offering subscriptions to cater the demand for effective storage solutions and safety against data loss to smartphones and tablets users. For corporate organizations, companies such as Amazon Web Services are providing personal cloud services for storing larger sets of data and information.
Backed by these factors, product innovations and enhanced security features in personal cloud services are on the card. Rapid digitization in various industries such as healthcare, education, hospitality, and retail are anticipated to fuel the demand for personal cloud services in the forthcoming years.
As per Fact.MR's regional analysis, North America is anticipated to account for 40% of the global personal cloud market. Growth in this region can be attributed to increasing adoption of technology-based products in various sectors, including banking and finance, transportation, and foodservice sectors.
In addition to this, rising demand for network-attached storage (NAS) personal cloud servers in Japan, Canada, and Germany will continue boosting sales of personal cloud services over the forecast period.
"Penetration of connected technologies such as IoT devices and wearables is expected to fuel sales of personal cloud services. The market also will gain from the emergence of smart home technologies and high demand for mobile data storage and backup," says a Fact.MR analyst.
Key Takeaways from Personal Cloud Market Survey
Growth Drivers:
Restraints:
To gain in-depth insights on Personal Cloud Market, request methodology at
https://www.factmr.com/connectus/sample?flag=RM&rep_id=6944
Competitive Landscape
Leading personal cloud service providers are focusing on research and development activities to launch innovative and safer data storage solutions. Besides this, mergers, acquisitions, and strategic collaborations will remain prominent growth strategies adopted by key players to gain a competitive edge in the market.
For instance, in June 2021, Wisekey International Holding SA, a leader in cybersecurity and IoT services, launched WISeID Cloud Storage service. The new platform enables users to store files in the cloud which is secured by WISeKey's Swiss technologies.
Key Players in the Personal Cloud Market Include:
More Valuable Insights on Personal Cloud Market
Fact.MR provides an unbiased analysis of the personal cloud market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global personal cloud market with a detailed segmentation on the basis of:
Cloud Type:
Revenue:
Hosting Type:
User Type:
Regions:
Key Questions Covered in the Personal Cloud Market Report
Explore Fact.MR's Coverage on the Technology Domain –
SAP Cloud Platform Services Market- A complicated cloud environment has resulted from the growing number of solutions in the entire cloud ecosystem. Cloud users are encountering issues in managing applications, integrating, workload management, and other aspects of the cloud computing arena as the focus shifts to cloud platforms. With expanding small and big scale organizations stepping into SAP cloud platform services to increase business performance, the SAP cloud platform services market is expected to remain bullish in the coming years.
Cloud Access Security Brokers Market- With the rising adoption of cloud deployment models by businesses for a variety of software and business operations, the requirement for security is becoming more important. Because users might be from both inside and outside the typical organizational perimeter, cloud access security brokers are an emerging technology that is primarily used to secure the massively growing usage of cloud services as well as users' access to them. Because of its extensive applications in maintaining and improving security, businesses are increasingly turning to cloud access security brokers.
Server Station Market- With the steady rise in digitalization, the server station market has expanded dramatically in recent years. The information and technology sector is critical to a country's economic development and progress. With the rising Information & Technology industry, the requirement for sustaining a company's whole system, work processes, and data storage at the office has also expanded, resulting in a large increase in server station demand. The use of server stations has expanded dramatically in recent years, from small and medium businesses to large multinational corporations.
About Fact.MR
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & healthcare to technology & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner.
Contact:
Mahendra Singh
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: [email protected]
Logo: https://mma.prnewswire.com/media/713666/FactMR_Logo.jpg
Ufficio Stampa
PR Newswire (Leggi tutti i comunicati)
209 - 215 Blackfriars Road
LONDON United Kingdom
