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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Personal Cloud Market Share by Revenue Type
Direct revenue occupies a significant portion of the global personal cloud market share owing to the growing subscription to personal cloud services for access to premium features. Users and organisations can choose tier-based plans based on their budget and storage requirements, boosting the revenue of any cloud service provider. Features such as additional storage, data recovery, and migration can be accessed by availing different plans, contributing to the segment’s growth.
Personal Cloud Market Share by Region
As per the personal cloud market analysis, North America accounts for a substantial share of the global market due to the increased adoption of cloud computing in the region. The prevalence of remote work culture fuels the deployment of personal cloud platforms that provide convenient storage and collaboration benefits to employees.
Furthermore, the growing implementation of IoT and SaaS by North American enterprises is expected to contribute to the personal cloud market expansion. The presence of key market players such as Microsoft, Apple, and Amazon, among others, also drives the market demand in the region.
Personal Cloud Market Report Snapshots
Personal Cloud Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the market reached an approximate value of USD 25.27 billion.
The market is projected to grow at a CAGR of 20.9% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034, reaching a value of around USD 139.73 billion by 2034.
The major market drivers are increasing internet penetration, growing usage of smart devices across the world, and the rise in popularity of cloud computing.
The key trends of the market include the growing trend of work-from-home and BYOD, the deployment of hybrid cloud models for better functionality, and partnerships and strategic alliances between market players.
The major regions in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Direct and indirect are various revenue types of personal cloud.
The key players in the market are Alphabet Inc., Amazon Web Services Inc., Microsoft Corporation, Apple Inc., Dropbox Inc., Box, Inc., Buffalo Americas, Inc., Barracuda Networks, Inc., Seagate Technology LLC, and OpenDrive, LLC, among others.
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