Personal Cloud Market, By Hosting Type (User and Provider), By Development (Individuals, Small Businesses, and Medium Businesses), By Region - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

Personal cloud is utilized for storing personal information and data such as photographs, videos, and important files among others, which requiring security. Personal cloud is used synchronize or share professional data with various devices such as tablets and smartphones. Personal cloud offers high capacity of cloud-based storage, without losing control of information. This in turn helps boost market growth. Cloud storage does not require storing information onto a hardware, as it can be managed by the cloud service provider, making it a convenient option for storing and sharing data. Personal clouds make it possible to access folders on a device through user-friendly API.

Personal Cloud Market Growth Factor

Growing digitalization is increasing the demand for sharing and accessing personal data, in turn, increasing the demand for cloud computing services. Personal cloud services offer facilities that help in sharing and accessing file storage within organizations adopting bring your own devices trend. Increasing use of smartphone and social media sites is boosting the demand for data storage platforms. Increasing adoption of multiple devices is driving the adoption of personal cloud solutions such as lacie cloudbox, synology diskstation, and WD my cloud mirror. High prices associated personal cloud offered by cloud service providers pose as a major restraint for growth of the personal cloud market.

Rising adoption of bring your own devices trend is expected to boost growth of the personal cloud market

Adoption of bring your own device is the expected to boost demand for personal cloud. In the IT sector, BYOD is increasingly being adopted at the workplace to access secure data. Individuals use cloud service such as iCloud and Google Drive, are widely used for controlling data risk. Several personal cloud services are increasingly offering accessibility, enhanced storage, and access to share data with security features. According to Insight Enterprises, in 2017, 59% organizations allow their employees to use their own devices at the workplace. Some organization offering their personal cloud solutions to several organizations in various industry sector. For instance, the Amazon Web Services provide cloud services to IT sectors

Personal Cloud Market Taxonomy:

The personal cloud market segmented on the basis of following types:

By Hosting Type:

  • User
  • Provider

By Ed User:

  • Individuals
  • Small businesses
  • Medium businesses

Personal Cloud Market Regional Insights:

The market is segmented on the basis of six regions into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

North America is expected to have the largest market share in the personal cloud solutions and services due to increasing demand of BYOD and early adoption of cloud-based networks. Asia Pacific is the fastest-growing region in the personal cloud market, owing to the growing adoption of cloud service in various organizations and the increasing demand for file storage and sharing on a server. According to the Select USA, in 2015, the U.S import around US$34 billion worth of cloud computing services.

Personal Cloud Market Competitive Market:

Key players operating in the personal cloud market include Apple, Amazon, Seagate, Microsoft, Box, Dropbox, Google, Engyte, Buffalo Technology, Tonido, Western Digital, and Sugarsync.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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