Personal Cloud Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2020 - 2025

Report Code: ITR 12280 Report Format: PDF + Excel (Delivery in 48 Hrs)
Personal cloud market size is forecast to surpass $177 billion by 2025, growing at CAGR 17.8% during 2020-2025 owing to the increasing number of smartphone users globally with growing penetration of 4G subscribers. Apart from this, the significant rise in enterprises opting for indirect personal cloud services due to its less go-to-market time, higher profit margins and so on. This is set to assist the market growth especially in the small and medium business end users during the forecast period 2020-2025.  
 
Key Takeaways- Personal Cloud Industry Outlook
  • Small and medium business market vertical for personal cloud to witness prominent growth rate during 2020-2025, owing to the low cost, ease of scalability and elimination of the need for big IT team
  • Increase penetration of mobile workers in SME along with adoption of Bring-Your-Own-Device (BYOD) scheme to reduce the IT infrastructure cost also set to drive the personal cloud market
  • Explosive growth of smartphones and connected devices to create a significant surge for personal cloud services for OTG data storage featuring anytime and anywhere access to the data across multiple platforms

User Type - Segment Analysis

The individual user segment is estimated to acquire the major market share in 2018 owing to the explosive growth in the number of smartphone users. The surge the demand for cloud storage of mobile data incorporating contacts, pictures, videos, messages and other files for access at any point of time and place; this is analyzed to be the major driver driving the individual personal cloud market. Small and medium business users for personal cloud segment is set to witness significant growth of CAGR 19% during the forecast period 2020-2025 owing to shift to personal cloud for file storage due to its cost effectiveness as compared to onsite storage servers, thereby eliminating the need for IT staff. 

Geography - Segment Analysis

North America dominated the personal cloud market acquiring a share of around 35% in 2018 owing to the large base for customers with on-the-go storage needs coupled by the higher purchasing power towards new technology based products. Additionally, the penetration of connected technologies such as smart home, smart devices and so on is also significant driving the demand for personal cloud as a one stop solution for dumping the backup data generated from multiple connected devices for ease of access from any mobile devices. APAC personal cloud market is estimated to witness the highest growth rate during 2020-2025 owing to the growing tech savvy customer base in this region. Apart from this adoption of 5G in this region from 2020 is set to open up new opportunities for personal cloud market as high speed data transmission and on-the-go data access is set to lower the data loading time thereby attracting more customer attention

Drivers – Personal Cloud Industry

  • Broad 4G customer base
As per GSMA, the global 4G connections surpassed 3.4 billion subscribers which stood as 43% penetration in the total subscribers by the end of 2018. This is set to reach 59% by 2025 with smartphone adoption surging to 79% by 2025 from 60% in 2018. The significant increase in number of smartphone users with 4G connections is set to propel the personal cloud market growth during 2020-2025

  • Shifting focus to mobile workforce
The evolving small and medium enterprises are blooming at a rapid pace with shift in focus towards mobile workforce to extend its reach and support services. The adoption of mobile workforce creates the demand for personal cloud for setting up a centralized data storage architecture which can be access as per requirement and convenience. As per the U.S. Bureau of Labor Statistics estimates, the share of millennial in the mobile workforce is set to surge to 75% by 2030. And as per IndustryARC estimated the total number of mobile workers in the U.S. is set to surpass 100 million by 2020 which represent over 70% of the total U.S. workforce. The growing number of mobile workers is set to drive the personal cloud market during 2020-2025

Challenges – Personal Cloud Industry

  • Concern on Data Security and Privacy
Data security and privacy on the cloud is one of the major challenges hindering the personal cloud market growth. The growing number of cyber attacks in the past couple of years targeting small and medium businesses is also one of the major factors impeding the adoption. As per Identity Theft Resource Center, hackers stole around 447 million consumer records in 2018 as compares to 198 million in 2017 which is nearly 126% increase during 2017-2018.

Market Landscape

Personal cloud top 10 companies includes Apple, Inc., Amazon Web Services, Google, Inc., Microsoft Corporation, Dropbox, Inc., IDrive Inc., Box, Inc., Egnyte, Inc., Sugarsync, Inc., SpiderOAK Inc. and so on. The market is estimated to be moderately fragmented with the top 10 players acquiring around 40% of the global personal cloud market share in 2018. These players are opting for various strategies such as acquisition, product launch and collaboration and so on to maintain their market position

Acquisitions & Product Launches
  • In July 2019, Google announced the acquisition of Elastifile, a cloud storage vendor to strengthen its offering portfolio with added functionalities
  • In October 2019, Microsoft Corp, acquired Mover, a Canada based cloud storage migration startup for strengthening its Microsoft 365 file migration capabilities
  • In November 2019, Rackspace, the managed cloud service and security solution provider announced the acquisition of Onica, an Amazon Web Service managed service provider, to enhance its managed cloud portfolio
1. Personal Cloud Market - Overview
        1.1 Definitions and Scope
2. Personal Cloud Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Personal Cloud Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Personal Cloud Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Personal Cloud Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Personal Cloud Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Personal Cloud Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Personal Cloud Market - By Product Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Personal Cloud Market - By Type (Market Size -$Million / $Billion)
9.1 Personal Cloud By Revenue Type
9.1.1 Direct Revenue
9.1.2 Indirect Revenue
9.2 Personal Cloud By User Type
9.2.1 Individual
9.2.2 Small Business
9.2.3 Medium Business
9.2.4 Providers Hosting
9.2.5 Users Hosting
9.3 Market Analysis By Hosting Type
9.2.1 Introduction 
9.3.1.1 Providers’ Hosting (Hosted From Providers’ Premises)
9.3.1.2 Users’ Hosting (Hosted From Users’ Premises)
10. Personal Cloud - By Application Type (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
11. Personal Cloud- By Geography (Market Size -$Million / $Billion)
        11.1 Personal Cloud Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Personal Cloud- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Personal Cloud- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Personal Cloud - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong Kong
                  11.8.5.9 Rest of APAC
        11.9 Personal Cloud - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Personal Cloud Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Personal Cloud Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at a global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Personal Cloud Market - Key Company List by Country Premium
15. Personal Cloud Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Apple, Inc.
15.3 Amazon Web Services
15.4 Box, Inc.
15.5 Buffalo Technology, Inc.
15.6 Dropbox, Inc.
15.7 Egnyte, Inc.
15.8 Google, Inc.
15.9 Microsoft Corporation
15.10 Seagate Technology, LLC.
15.11 Sugarsync, Inc.
15.12 Company 11
15.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
16. Personal Cloud Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Personal Cloud Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Market Analysis By Revenue Type Market 2019-2024 ($M)
1.1 Personal Cloud By Revenue Type Market 2019-2024 ($M) - Global Industry Research
1.1.1 Direct Revenue Market 2019-2024 ($M)
1.1.2 Indirect Revenue Market 2019-2024 ($M)
1.2 Personal Cloud By User Type Market 2019-2024 ($M) - Global Industry Research
1.2.1 Individual Market 2019-2024 ($M)
1.2.2 Small Business Market 2019-2024 ($M)
1.2.3 Medium Business Market 2019-2024 ($M)
1.2.4 Providers Hosting Market 2019-2024 ($M)
1.2.5 Users Hosting Market 2019-2024 ($M)
2.Global Market Analysis By Hosting Type Market 2019-2024 ($M)
3.Global Market Analysis By Revenue Type Market 2019-2024 (Volume/Units)
3.1 Personal Cloud By Revenue Type Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Direct Revenue Market 2019-2024 (Volume/Units)
3.1.2 Indirect Revenue Market 2019-2024 (Volume/Units)
3.2 Personal Cloud By User Type Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Individual Market 2019-2024 (Volume/Units)
3.2.2 Small Business Market 2019-2024 (Volume/Units)
3.2.3 Medium Business Market 2019-2024 (Volume/Units)
3.2.4 Providers Hosting Market 2019-2024 (Volume/Units)
3.2.5 Users Hosting Market 2019-2024 (Volume/Units)
4.Global Market Analysis By Hosting Type Market 2019-2024 (Volume/Units)
5.North America Market Analysis By Revenue Type Market 2019-2024 ($M)
5.1 Personal Cloud By Revenue Type Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Direct Revenue Market 2019-2024 ($M)
5.1.2 Indirect Revenue Market 2019-2024 ($M)
5.2 Personal Cloud By User Type Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Individual Market 2019-2024 ($M)
5.2.2 Small Business Market 2019-2024 ($M)
5.2.3 Medium Business Market 2019-2024 ($M)
5.2.4 Providers Hosting Market 2019-2024 ($M)
5.2.5 Users Hosting Market 2019-2024 ($M)
6.North America Market Analysis By Hosting Type Market 2019-2024 ($M)
7.South America Market Analysis By Revenue Type Market 2019-2024 ($M)
7.1 Personal Cloud By Revenue Type Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Direct Revenue Market 2019-2024 ($M)
7.1.2 Indirect Revenue Market 2019-2024 ($M)
7.2 Personal Cloud By User Type Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Individual Market 2019-2024 ($M)
7.2.2 Small Business Market 2019-2024 ($M)
7.2.3 Medium Business Market 2019-2024 ($M)
7.2.4 Providers Hosting Market 2019-2024 ($M)
7.2.5 Users Hosting Market 2019-2024 ($M)
8.South America Market Analysis By Hosting Type Market 2019-2024 ($M)
9.Europe Market Analysis By Revenue Type Market 2019-2024 ($M)
9.1 Personal Cloud By Revenue Type Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Direct Revenue Market 2019-2024 ($M)
9.1.2 Indirect Revenue Market 2019-2024 ($M)
9.2 Personal Cloud By User Type Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Individual Market 2019-2024 ($M)
9.2.2 Small Business Market 2019-2024 ($M)
9.2.3 Medium Business Market 2019-2024 ($M)
9.2.4 Providers Hosting Market 2019-2024 ($M)
9.2.5 Users Hosting Market 2019-2024 ($M)
10.Europe Market Analysis By Hosting Type Market 2019-2024 ($M)
11.APAC Market Analysis By Revenue Type Market 2019-2024 ($M)
11.1 Personal Cloud By Revenue Type Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Direct Revenue Market 2019-2024 ($M)
11.1.2 Indirect Revenue Market 2019-2024 ($M)
11.2 Personal Cloud By User Type Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Individual Market 2019-2024 ($M)
11.2.2 Small Business Market 2019-2024 ($M)
11.2.3 Medium Business Market 2019-2024 ($M)
11.2.4 Providers Hosting Market 2019-2024 ($M)
11.2.5 Users Hosting Market 2019-2024 ($M)
12.APAC Market Analysis By Hosting Type Market 2019-2024 ($M)
13.MENA Market Analysis By Revenue Type Market 2019-2024 ($M)
13.1 Personal Cloud By Revenue Type Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Direct Revenue Market 2019-2024 ($M)
13.1.2 Indirect Revenue Market 2019-2024 ($M)
13.2 Personal Cloud By User Type Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Individual Market 2019-2024 ($M)
13.2.2 Small Business Market 2019-2024 ($M)
13.2.3 Medium Business Market 2019-2024 ($M)
13.2.4 Providers Hosting Market 2019-2024 ($M)
13.2.5 Users Hosting Market 2019-2024 ($M)
14.MENA Market Analysis By Hosting Type Market 2019-2024 ($M)

LIST OF FIGURES

1.US Personal Cloud Market Revenue, 2019-2024 ($M)
2.Canada Personal Cloud Market Revenue, 2019-2024 ($M)
3.Mexico Personal Cloud Market Revenue, 2019-2024 ($M)
4.Brazil Personal Cloud Market Revenue, 2019-2024 ($M)
5.Argentina Personal Cloud Market Revenue, 2019-2024 ($M)
6.Peru Personal Cloud Market Revenue, 2019-2024 ($M)
7.Colombia Personal Cloud Market Revenue, 2019-2024 ($M)
8.Chile Personal Cloud Market Revenue, 2019-2024 ($M)
9.Rest of South America Personal Cloud Market Revenue, 2019-2024 ($M)
10.UK Personal Cloud Market Revenue, 2019-2024 ($M)
11.Germany Personal Cloud Market Revenue, 2019-2024 ($M)
12.France Personal Cloud Market Revenue, 2019-2024 ($M)
13.Italy Personal Cloud Market Revenue, 2019-2024 ($M)
14.Spain Personal Cloud Market Revenue, 2019-2024 ($M)
15.Rest of Europe Personal Cloud Market Revenue, 2019-2024 ($M)
16.China Personal Cloud Market Revenue, 2019-2024 ($M)
17.India Personal Cloud Market Revenue, 2019-2024 ($M)
18.Japan Personal Cloud Market Revenue, 2019-2024 ($M)
19.South Korea Personal Cloud Market Revenue, 2019-2024 ($M)
20.South Africa Personal Cloud Market Revenue, 2019-2024 ($M)
21.North America Personal Cloud By Application
22.South America Personal Cloud By Application
23.Europe Personal Cloud By Application
24.APAC Personal Cloud By Application
25.MENA Personal Cloud By Application
26.Microsoft Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Amazon Web Services, Sales /Revenue, 2015-2018 ($Mn/$Bn)