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Consumer Cloud Services - Global Market Trajectory & Analytics

  • ID: 2228019
  • Report
  • July 2020
  • Region: Global
  • 114 Pages
  • Global Industry Analysts, Inc
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Global Consumer Cloud Services Market to Reach $375.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Consumer Cloud Services estimated at US$75.2 Billion in the year 2020, is projected to reach a revised size of US$375.4 Billion by 2027, growing at a CAGR of 25.8% over the analysis period 2020-2027. Cloud Videos, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$53.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud Storage segment is readjusted to a revised 37.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $22.3 Billion, While China is Forecast to Grow at 25.6% CAGR

The Consumer Cloud Services market in the U.S. is estimated at US$22.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$67.1 Billion by the year 2027 trailing a CAGR of 25.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 21.1% and 22.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 18.3% CAGR.

Cloud Music Segment to Record 21.8% CAGR

In the global Cloud Music segment, USA, Canada, Japan, China and Europe will drive the 21.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.1 Billion in the year 2020 will reach a projected size of US$16.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$47.5 Billion by the year 2027.We bring years of research experience to this 16th edition of our report. The 114-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • 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

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

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

Global Competitor Market Shares

Consumer Cloud Services Competitor Market Share Scenario Worldwide (in %): 2018 & 2029

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: Consumer Cloud Services Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Consumer Cloud Services Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: Cloud Videos (Type) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 4: Cloud Videos (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
TABLE 5: Cloud Storage (Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 6: Cloud Storage (Type) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
TABLE 7: Cloud Music (Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 8: Cloud Music (Type) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
TABLE 9: Cloud Gaming (Type) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
TABLE 10: Cloud Gaming (Type) Market Share Breakdown by Region/Country: 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Consumer Cloud Services Market Share (in %) by Company: 2018 & 2025

Market Analytics
TABLE 11: United States Consumer Cloud Services Market Estimates and Projections in US$ Million by Type: 2020 to 2027
TABLE 12: United States Consumer Cloud Services Market Share Breakdown by Type: 2020 VS 2027

CANADA

TABLE 13: Canadian Consumer Cloud Services Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
TABLE 14: Consumer Cloud Services Market in Canada: Percentage Share Breakdown of Sales by Type for 2020 and 2027

JAPAN

TABLE 15: Japanese Market for Consumer Cloud Services: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
TABLE 16: Japanese Consumer Cloud Services Market Share Analysis by Type: 2020 VS 2027

CHINA

TABLE 17: Chinese Consumer Cloud Services Market Growth Prospects in US$ Million by Type for the Period 2020-2027
TABLE 18: Chinese Consumer Cloud Services Market by Type: Percentage Breakdown of Sales for 2020 and 2027

EUROPE

Market Facts & Figures

European Consumer Cloud Services Market: Competitor Market Share Scenario (in %) for 2018 & 2025

Market Analytics
TABLE 19: European Consumer Cloud Services Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 20: European Consumer Cloud Services Market Share Shift by Region/Country: 2020 VS 2027
TABLE 21: European Consumer Cloud Services Market Estimates and Forecasts in US$ Million by Type: 2020-2027
TABLE 22: European Consumer Cloud Services Market Share Breakdown by Type: 2020 VS 2027

FRANCE

TABLE 23: Consumer Cloud Services Market in France by Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 24: French Consumer Cloud Services Market Share Analysis by Type: 2020 VS 2027

GERMANY

TABLE 25: Consumer Cloud Services Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
TABLE 26: German Consumer Cloud Services Market Share Breakdown by Type: 2020 VS 2027

ITALY

TABLE 27: Italian Consumer Cloud Services Market Growth Prospects in US$ Million by Type for the Period 2020-2027
TABLE 28: Italian Consumer Cloud Services Market by Type: Percentage Breakdown of Sales for 2020 and 2027

UNITED KINGDOM

TABLE 29: United Kingdom Market for Consumer Cloud Services: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
TABLE 30: United Kingdom Consumer Cloud Services Market Share Analysis by Type: 2020 VS 2027

REST OF EUROPE

TABLE 31: Rest of Europe Consumer Cloud Services Market Estimates and Forecasts in US$ Million by Type: 2020-2027
TABLE 32: Rest of Europe Consumer Cloud Services Market Share Breakdown by Type: 2020 VS 2027

ASIA-PACIFIC

TABLE 33: Consumer Cloud Services Market in Asia-Pacific by Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 34: Asia-Pacific Consumer Cloud Services Market Share Analysis by Type: 2020 VS 2027

REST OF WORLD

TABLE 35: Rest of World Consumer Cloud Services Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
TABLE 36: Consumer Cloud Services Market in Rest of World: Percentage Share Breakdown of Sales by Type for 2020 and 2027

IV. COMPETITION

Total Companies Profiled: 44

Note: Product cover images may vary from those shown
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