TMCnet News

Personal Cloud Market Worth 80.02 Billion USD by 2020
[September 28, 2015]

Personal Cloud Market Worth 80.02 Billion USD by 2020


PUNE, India, September 28, 2015 /PRNewswire/ --

According to a new market research report "Personal Cloud Market by Revenue Type (Direct Revenue and Indirect Revenue), User Type (Individual, Small Business and Medium Business), Hosting Type (Providers' Premises and Users' Premises), & by Region - Global Forecast to 2020", published by MarketsandMarkets, Personal Cloud Market to grow from USD 12,020.0 Million in 2015 to USD 80,020.0 Million by 2020 at a Compound Annual Growth Rate (CAGR) of 46.1%.

Browse 67 market data Tables and 57 Figures spread through 158 Pages and in-depth TOC on "Personal Cloud Market - Global Forecast to 2020"

http://www.marketsandmarkets.com/Market-Reports/personal-cloud-market-821.html

Early buyers will receive 10% customization on this report. 

The market report defines and segments the Personal Cloud Market into various sub-segments with an in-depth analysis and forecasting of market sizes. The report also defines the driving factors for the market, restraints, and opportunities along with the current trend adoption in this market.

Get Free Sample pages @ http://www.marketsandmarkets.com/requestsample.asp?id=821

The Personal Cloud Market is expected to grow progressively due to the e technological advancements in this sector.

Personal cloud applications have been widely adoption among small and medium enterprises in various industry verticals. These enterprises demand personal cloud solutions and services to store, sync, and share documents, files, and photos.

Personal cloud offers storage space setup in the user's home as well as at a data center of the service provider and can be accessed with the help of the internet. This helps users view and stream these documents from internet connected devices such as smartphones, laptops, and tablets.

The rise in the demand for solutions that can provide real-time access to employees while keeping their documents secure is also encouraging organizations to implement personal cloud services within their businesses. The increase in the number o organizations with offices in different places, having employees located at various locations and requiring real-time access has encouraged personal cloud service vendors to offer various personal cloud offerings including applications, technologies, and devices. 



With the changing scenario, enterprises are demanding advanced solutions so that market expansions can be undertaken, along with an increase in profit margins. The development of personal cloud applications by application developers at a low cost is driving the market for personal cloud. Digital contingency and disaster recovery planning and the increasing data generation activities are also driving the Personal Cloud Market across all regions.

The Personal Cloud Market consists of major players such as Amazon, Apple, Google, Seagate, Box, Microsoft, Dropbox, Engyte, Buffalo Technology, and Sygarsync.


MarketsandMarkets broadly segments the Personal Cloud Market by region as North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America; by revenue as direct revenue and indirect revenue; by user type as individuals, small enterprises, and medium enterprises; by hosting type as hosted from providers' premises and hosted from users' premises.

MarketsandMarkets forecasts the Personal Cloud Market to grow from USD 12,020.0 Million in 2015 to USD 80,020.0 Million by 2020 at a Compound Annual Growth Rate (CAGR) of 46.1%. North America is expected to be the largest market in terms of market size, while Europe and Asia-Pacific are expected to experience an increase in market traction during the forecast period.

Browse Related Reports 

Cloud Storage Market by Solution (Primary Storage Solution, Backup Storage Solution, Cloud Storage Gateway Solution, and Data Movement and Access Solution) - Global Forecast and Analysis to 2020

http://www.marketsandmarkets.com/Market-Reports/cloud-storage-market-902.html

Cloud Billing Market by Type (Embedded, Subscription, Metered, Convergent, Cloud Service Billing, Professional Services, and others), Service Provider (Cloud, Communication and Network Operator, and MSP) - Global Forecast (2015 - 2020)

http://www.marketsandmarkets.com/Market-Reports/cloud-billing-market-1022.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets


SOURCE MarketsandMarkets


[ Back To TMCnet.com's Homepage ]