1h Free Analyst Time
The Personal Cloud Market size was estimated at USD 26.99 billion in 2023, USD 30.31 billion in 2024, and is expected to grow at a CAGR of 12.72% to reach USD 62.41 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
A personal cloud is a form of cloud computing that offers individuals access to their data and applications over the internet. Personal cloud allows access from any device with internet connectivity, enabling seamless synchronization and data sharing across multiple platforms. Personal cloud services are utilized across various applications, including data backup, synchronization, sharing, and remote access. The proliferation of digital content, increased mobile device usage, rising internet penetration, and the growing need for data backup and protection drive the growth of the personal cloud market. Furthermore, enhancements to cloud security and privacy measures have made personal cloud more appealing to end-users. However, concerns over data security and privacy, compliance with various regional regulations, and the risk of data breaches or loss could be barriers to the penetration of personal cloud services. Nevertheless, integrating artificial intelligence (AI) and machine learning for better data management and categorization and expanding 5G technology to offer faster data transfer rates are expected to improve the demand for personal cloud worldwide.
Regional Insights
The Americas represents a highly developing personal cloud market with high consumer awareness and a strong preference for data accessibility and security. With tech-savvy populations, the demand for personal cloud services that offer seamless integration across multiple devices is significant across the Americas. Investments in research and the development of advanced cloud technologies continue to drive innovations and advancements in personal cloud product portfolios in the region. The personal cloud market in the European Union (EU) is growing steadily, influenced strongly by stringent data privacy regulations such as the General Data Protection Regulation (GDPR). Consumer behavior in the EU indicates a high concern for data sovereignty, which has become a key consideration in customer purchasing decisions. Recent investments and funding initiatives by the European Commission in cloud infrastructure and the European Data Strategy to harness a strong and competitive data economy are expanding the scope of the personal cloud market in the EMEA region. In the Middle East, affluent consumer segments drive demand for premium personal cloud services, with a significant emphasis on mobile accessibility due to high smartphone penetration. Asia-Pacific represents a rapidly expanding market for personal cloud, propelled by massive populations, growing middle classes, and technological advancements. The Asia-Pacific region is witnessing a surge in the use of personal cloud services due to the digitalization wave, government initiatives, and increased digital literacy among the population.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Personal Cloud Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Personal Cloud Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the Personal Cloud Market, highlighting leading vendors and their innovative profiles. These include Amazon Web Services, Inc., Apple Inc., ASUS CloudCorporation, Box, Inc., Broadcom Inc., Buffalo Americas, Inc., Cisco Systems, Inc., Cloudike Inc., D-Link Corporation, Dropbox, Inc., Egnyte, Inc., ElephantDrive Inc., Funambol, Inc., Google LLC by Alphabet Inc., Hewlett Packard Enterprise Development LP, IBM Corporation, ID Cloud Services LTD., IDrive Inc., Microsoft Corporation, OwnCloud GmbH, pCloud AG, Synchronoss Technologies, Inc., Transcend Information, Inc., Vodafone Limited, and Zyxel Communications Corp.Market Segmentation & Coverage
This research report categorizes the Personal Cloud Market to forecast the revenues and analyze trends in each of the following sub-markets:- Type
- Home-Made Cloud
- NAS Device Cloud
- Online Cloud
- Server Device Cloud
- Revenue Type
- Direct Revenue
- Indirect Revenue
- Hosting Type
- Consumer
- Service Provider
- End-User
- Enterprises
- Individual
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Personal Cloud Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Personal Cloud Market?
- What are the technology trends and regulatory frameworks in the Personal Cloud Market?
- What is the market share of the leading vendors in the Personal Cloud Market?
- Which modes and strategic moves are suitable for entering the Personal Cloud Market?
Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.
With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.
This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Personal Cloud Market, by Type
7. Personal Cloud Market, by Revenue Type
8. Personal Cloud Market, by Hosting Type
9. Personal Cloud Market, by End-User
10. Americas Personal Cloud Market
11. Asia-Pacific Personal Cloud Market
12. Europe, Middle East & Africa Personal Cloud Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
List of Figures
List of Tables
Companies Mentioned
- Amazon Web Services, Inc.
- Apple Inc.
- ASUS CloudCorporation
- Box, Inc.
- Broadcom Inc.
- Buffalo Americas, Inc.
- Cisco Systems, Inc.
- Cloudike Inc.
- D-Link Corporation
- Dropbox, Inc.
- Egnyte, Inc.
- ElephantDrive Inc.
- Funambol, Inc.
- Google LLC by Alphabet Inc.
- Hewlett Packard Enterprise Development LP
- IBM Corporation
- ID Cloud Services LTD.
- IDrive Inc.
- Microsoft Corporation
- OwnCloud GmbH
- pCloud AG
- Synchronoss Technologies, Inc.
- Transcend Information, Inc.
- Vodafone Limited
- Zyxel Communications Corp.
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 187 |
| Published | March 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 30.31 Billion |
| Forecasted Market Value ( USD | $ 62.41 Billion |
| Compound Annual Growth Rate | 12.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
