Global Personal Cloud Management Market, By Cloud Type (Online Cloud, NAS Cloud, Server Cloud, Home-made Cloud), Revenue Type (Direct Revenue and Indirect Revenue), User Type (Individual, Small Business and Medium Business) Hosting Type (Service Providers and Consumers), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights : Global Personal Cloud Management Market
Data Bridge Market Research analyses that the personal cloud management market will exhibit a CAGR of 22.98% for the forecast period of 2022-2029 and is expected to reach the market value of USD 47,364.44 million by 2029.
Personal cloud is a cloud storage platform that allows customers to access, synchronise, and share data stored in the cloud and across devices. Personal cloud services provide improved data storage, accessibility, and sharing, as well as enhanced security features. They have raised the bar for individuals to use cloud computing services by providing a better user experience and ease of use.
The rapidly expanding tech-savvy population has resulted in an increase in demand for cloud computing services. With the increasing popularity of camera-equipped devices such as smart phones and tablets, there is a high demand for a secure platform to store digital data. The increased use of smart phones and broadband connections, as well as the rise in the number of social networking sites, has boosted the growth of personal cloud services, which is driving the personal cloud market.
When compared to other applications, the most common use of these services is to store images, movies, contacts, and other important files among individuals. Individuals' rapid adoption of personal cloud solutions will be aided by their use of multiple devices. These services are expected to see widespread demand in the future due to the growing demand for data storage platforms, resulting in greater acceptance of personal cloud services.
However, one of the challenges that cloud service providers face is providing secure data storage. Growth will be hampered by a lack of consumer awareness, security concerns, and a lack of funding. Furthermore, security and loss of control remain major obstacles to the adoption of cloud service, as most enterprises believe that an in-house solution is more secure than one hosted by a third party.
This personal cloud management market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on personal cloud management market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Personal Cloud Management Market Scope and Market Size
The personal cloud management market is segmented on the basis of cloud type, revenue type, user type and hosting type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of cloud type, the personal cloud management market is segmented into online cloud, NAS cloud, server cloud and home-made cloud
- On the basis of revenue type, the personal cloud management market is segmented into direct revenue and indirect revenue
- On the basis of user type, the personal cloud management market is segmented into individual, small business and medium business
- On the basis of hosting type the personal cloud management market is segmented into service providers and consumers
Personal Cloud Management Market Country Level Analysis
The personal cloud management market is analysed and market size, volume information is provided by country, cloud type, revenue type, user type and hosting type as referenced above.
The countries covered in the personal cloud management market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North-America dominates the personal cloud management market and will continue to flourish its trend of dominance during the forecast period due to the North America's developed economies, the United States and Canada, which place a strong emphasis on research and development and technological innovations. In addition, the presence of large personal cloud vendors in the region is expected to drive market growth. Asia-Pacific will however, register the highest growth for this period due to the regions rise in the demand for advanced intelligent solutions, strong economic growth, increased investments in IT infrastructure, and rising digitalization are all contributing to their success.
The country section of the personal cloud management market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Personal Cloud Management Market Share Analysis
The personal cloud management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points are only related to the companies’ focus on the personal cloud management market.
Some of the major players covered in the personal cloud management market report are Broadcom, Hewlett Packard Enterprise Development LP, Changepoint Corporation, Clarizen, Microsoft, MAVENLINK, INC., Oracle, Planisware, ServiceNow, SAP, Upland Software, Inc., Workfront, Inc. Planview, Inc., ONEPOINT Projects GmbH, Celoxis Technologies Pvt. Ltd., Amazon Web Services, Inc., IBM, Infosys Limited, Cognizant and Wipro Limited among others.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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