Personal Cloud Storage Market Set to Witness Unprecedented Growth of USD 139.22 Billion by 2030

PRESS RELEASE
Published May 22, 2023

The report on Personal Cloud Storage provides a comprehensive assessment of key market players, major collaborations, mergers and acquisitions, as well as emerging innovations and business policies. It offers a detailed overview of the market study, analysis, and estimation, highlighting its impact on the industry. With a focus on the market structure, this report delivers a thorough analysis of various segments and sub-segments. The research conducted in this report is particularly valuable for businesses as it aids in making informed decisions and developing effective strategies for production, marketing, sales, and promotion.

Moreover, this report presents a detailed overview of product specifications, technology, product types, and production analysis. It takes into account essential factors such as revenue, cost, and gross margin to provide comprehensive data and information that assists businesses in refining their strategic decision-making processes. By considering multiple aspects, this market report thoroughly examines the Personal Cloud Storage market and the industry as a whole. It encompasses the activities of key players and brands, including developments, product launches, joint ventures, and mergers and acquisitions, which significantly impact the global landscape of the industry

Constant growth and development in advanced management solutions by the major manufacturers operating in the personal cloud storage to increase storage of informationoperating in the personal cloud storage to increase information is anticipated to enhance the market growth. Moreover, growing personal data volumes in enterprises and the rising need to offer remote workers with ubiquitous access to files and data will expand market growth. For instance, as per the analysis of Seagate Technologies Holdings Plc, total enterprise data volume is anticipated to go from around 1 petabyte (PB) to 2.02 petabytes from 2020 to 2022. This is a 42.2 percent of average annual growth over two years.

Data Bridge Market Research analyses that the personal cloud storage market is expected to reach USD 139.22 billion by 2030, which is USD 22.87 billion in 2022., at a CAGR of 25.33% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

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Opportunities

  • Growing investments among enterprises

Growing investments among enterprises to upgrading their infrastructure and meet the growing demand of consumers promotes market growth during the forecast period. For instance, Microsoft has announced plans to spend approximately US$ 1 billion in a digital transformation plan in May 2020 in Poland to accelerate and drive its digital transformation. This announcement will boost the competitiveness and support employment opportunities in the global market. This growing investment among enterprises will create immense market growth opportunities during the forecast period.

List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:

The major players covered in the personal cloud storage market report are GOOGLE, IBM, Amazon Web Services, Inc., Microsoft, Alibaba Cloud, Oracle, RACKSPACE TECHNOLOGY, Hewlett Packard Enterprise Development LP, Dell Inc., Huawei Technologies Co., Ltd., Dropbox, Box, Tencent Cloud., Fujitsu, VMware, Inc, NetApp, Hitachi Vantara Corporation, Scality, Citrix Systems, Inc., ASUS Cloud Corporation., Seagate Technology LLC, Buffalo Technology among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Target Audience of the Global Personal Cloud Storage Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Reasons To Purchase this Report:

Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

Market dynamics scenario, along with growth opportunities of the market in the years to come

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Analysing the outlook of the market with the recent trends and SWOT analysis

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Key Market Segmentation

Component

  • Solutions
  • Services

User Type

  • Consumer
  • Enterprise

 Application

  • Primary Storage
  • Backup and Disaster Recovery
  • Archiving

Vertical

  • BFSI
  • IT
  • Telecommunications
  • Healthcare and Life Sciences
  • Media and Entertainment
  • Consumer Goods and Retail
  • Manufacturing, Government and Public Sector
  • Energy and Utilities

This comprehensive report provides:

  1. Improve strategic decision making
  2. Research, presentation and business plan support
  3. Show emerging market opportunities to focus on
  4. Industry knowledge improvement
  5. It provides the latest information on important market developments.
  6. Develop an informed growth strategy.
  7. Build technical insight
  8. Description of trends to exploit
  9. Strengthen competitor analysis
  10. By providing a risk analysis, you can avoid pitfalls that other companies may create.
  11.  Ultimately, you can maximize your company’s profitability.

Click to view the full report Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-personal-cloud-storage-market

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