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Consumer Cloud Services: Global Strategic Business Report

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    Report

  • 208 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2228019

Global Consumer Cloud Services Market to Reach $1.9 Trillion by 2030

The global market for Consumer Cloud Services estimated at US$260.3 Billion in the year 2022, is projected to reach a revised size of US$1.9 Trillion by 2030, growing at a CAGR of 28% over the analysis period 2022-2030. Cloud Videos, one of the segments analyzed in the report, is projected to record 0.5% CAGR and reach US$133.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cloud Storage segment is readjusted to a revised 40.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $77.1 Billion, While China is Forecast to Grow at 27.4% CAGR

The Consumer Cloud Services market in the U.S. is estimated at US$77.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$326.5 Billion by the year 2030 trailing a CAGR of 27.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.1% and 23.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 17.4% CAGR.

Select Competitors (Total 72 Featured) -

  • Amazon.com, Inc.
  • Apple Inc.
  • Box, Inc.
  • Carbonite, Inc.
  • Deezer
  • Dropbox, Inc.
  • GameFly, Inc.
  • Google Inc.
  • Hulu, LLC
  • Microsoft Corp.
  • Napster
  • Netflix, Inc.
  • Nextcloud
  • Pandora Media, Inc.
  • Sony Interactive Entertainment LLC
  • SoundCloud Limited
  • SpiderOak
  • Spotify Ltd.
  • SugarSync, Inc.
  • Tidal
  • Utomik, Inc.
  • Valve Corporation
  • Vudu
  • YouTube Red
  • YouTube, LLC

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Consumer Cloud Computing: The Next Big Thing in Cloud Computing
  • Recent Market Activity
  • New Millennials Emerge as the Lucrative Customer Cluster for Cloud Entertainment Services
  • Cloud Video to Witness Blistering Growth to Emerge as the Single Largest Segment by 2024
  • Cloud Video Service Providers Battle Hard for Premium Content Rights & Original Productions
  • Consumer Cloud Storage Emerges Into the Standard Data Storage Technology for the Rapidly Digitalizing Smartphone Friendly Internet Population
  • Consumer Cloud Storage to Play a Pivotal Role in Handling the Onslaught of Data Generated by Consumer IoT (CIoT)
  • Developing Countries Emerge as Hotspots for Future Growth
  • Market Outlook
  • Consumer Cloud Services - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Amazon.com, Inc. (USA)
  • Apple, Inc. (USA)
  • Carbonite, Inc. (USA)
  • Deezer (France)
  • Dropbox, Inc. (USA)
  • GameFly, Inc. (USA)
  • Google Inc. (USA)
  • Hatch Entertainment Ltd. (Finland)
  • Hulu, LLC (USA)
  • Microsoft Corporation (USA)
  • Napster (USA)
  • Netflix, Inc. (USA)
  • Box, Inc. (USA)
  • SugarSync, Inc. (USA)
  • Nextcloud
  • Pandora Media, Inc. (USA)
  • Sony Interactive Entertainment LLC (USA)
  • SoundCloud Limited (Germany)
  • SpiderOak (USA)
  • Spotify Ltd. (UK)
  • Tidal (USA)
  • Utomik, Inc. (Netherlands)
  • Valve Corporation (USA)
  • YouTube, LLC (USA)
  • YouTube Red
  • Vudu (USA)
3. MARKET TRENDS & DRIVERS
  • Rise of the On-Demand Economy to Accelerate the Popularity of On-Demand Streaming Services Supported by the Cloud
  • Consumer Cloud Entertainment Comprising Cloud Music, Gaming and Video: The Largest Segment of the Consumer Cloud Services Market
  • Cloud Music Streaming: An Emerging Area of Opportunity for Consumer Cloud Services
  • Breaking the Chains of Fixed Devices, Cloud Gaming Emerges into a Lucrative Business Opportunity for Cloud Service Providers
  • The Dominance of PC Gamers Bodes Well for the Growth of Cloud Gaming
  • A Peek Into Broad Technology Factors Providing the Foundation for the Growth of Consumer Cloud Services
  • High-Speed Internet Penetration & Bandwidth Expansion
  • Since Consumer Cloud Service Experiences are only as good as the Network, Developments in Internet Architecture Remain Crucial for Future Growth & Proliferation
  • Growing Investments in 4G/LTE & 5G to Strengthen the Robustness of Consumer Cloud Services
  • Favorable Smartphone Usage Patterns for Entertainment Supports Growth of Cloud Music, Gaming & Video Streaming Services
  • Spiraling Global Sales of Smartphones Amplifies Data Storage Needs
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Consumer Cloud Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World 8-Year Perspective for Consumer Cloud Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for Cloud Videos by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 4: World 8-Year Perspective for Cloud Videos by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Cloud Storage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 6: World 8-Year Perspective for Cloud Storage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Cloud Music by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World 8-Year Perspective for Cloud Music by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 9: World Recent Past, Current & Future Analysis for Cloud Gaming by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 10: World 8-Year Perspective for Cloud Gaming by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 11: World Consumer Cloud Services Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 12: USA Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 13: USA 8-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2023 & 2030
CANADA
  • Table 14: Canada Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 15: Canada 8-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2023 & 2030
JAPAN
  • Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 16: Japan Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 17: Japan 8-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2023 & 2030
CHINA
  • Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 18: China Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 19: China 8-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2023 & 2030
EUROPE
  • Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 20: Europe Recent Past, Current & Future Analysis for Consumer Cloud Services by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 21: Europe 8-Year Perspective for Consumer Cloud Services by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
  • Table 22: Europe Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 23: Europe 8-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2023 & 2030
FRANCE
  • Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 24: France Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 25: France 8-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2023 & 2030
GERMANY
  • Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 26: Germany Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 27: Germany 8-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2023 & 2030
ITALY
  • Table 28: Italy Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 29: Italy 8-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2023 & 2030
UNITED KINGDOM
  • Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 30: UK Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 31: UK 8-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2023 & 2030
REST OF EUROPE
  • Table 32: Rest of Europe Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 33: Rest of Europe 8-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2023 & 2030
ASIA-PACIFIC
  • Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 34: Asia-Pacific Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 35: Asia-Pacific 8-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2023 & 2030
REST OF WORLD
  • Table 36: Rest of World Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 37: Rest of World 8-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2023 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Amazon.com, Inc.
  • Apple Inc.
  • Box, Inc.
  • Carbonite, Inc.
  • Deezer
  • Dropbox, Inc.
  • GameFly, Inc.
  • Google Inc.
  • Hulu, LLC
  • Microsoft Corp.
  • Napster
  • Netflix, Inc.
  • Nextcloud
  • Pandora Media, Inc.
  • Sony Interactive Entertainment LLC
  • SoundCloud Limited
  • SpiderOak
  • Spotify Ltd.
  • SugarSync, Inc.
  • Tidal
  • Utomik, Inc.
  • Valve Corporation
  • Vudu
  • YouTube Red
  • YouTube, LLC

Table Information