DUBLIN--(BUSINESS WIRE)--The "Personal Cloud Market by Revenue Type (Direct Revenue and Indirect Revenue), User Type (Enterprises and Consumers), and Region (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America) - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
Growing initiatives to digitalize content across enterprises expected to drive the growth of the personal cloud market
The personal cloud industry is driven by various factors, such as the proliferation of digital content and upsurge in internet usage. However, data security and privacy concerns can hinder the growth of the market.
The indirect revenue segment is projected to grow at the highest CAGR during the forecast period
Indirect revenue means the revenue generated from sources other than direct subscription pricing. An indirect revenue source could be licensing, advertising, business tie-up with major technology providers or device manufacturers, and white-label cloud offering. Presently, most of the personal cloud service providers do not consider these revenues as a major source, but the scenario is expected to change in the coming years.
The enterprises' segment is expected to account for the highest share during the forecast period
The traction of personal cloud in enterprises is higher compared to consumers. This is due to the affordability and top economies of scale that enable the organizations to leverage personal cloud. Companies leave no stone unturned to compete in the cut-throat competitive world; hence, they spend a significant amount in adopting personal cloud. The personal cloud market is said to be undergoing significant technological transitions, such as enhancement in AI technologies and use of mobile devices. Enterprises highly adopt all these advancements.
APAC is expected to grow at the highest rate during the forecast period
The personal cloud market in APAC is expected to grow at the highest CAGR during the forecast period, as the large-scale penetration of mobile devices is enhancing data generation activities, leading to greater demand for storage services such as personal cloud. China, Japan, and India have emerged as undisputed leaders in the personal cloud industry.
Key benefits of buying the report
- The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall personal cloud market and the subsegments.
- This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies.
- The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Key Topics Covered:
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.4 Years Considered for the Study
1.5 Currency Considered
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
126.96.36.199 Breakup of Primary Profiles
188.8.131.52 Key Industry Insights
2.2 Market Breakup and Data Triangulation
2.3 Market Size Estimation
2.3.1 Top-Down Approach
2.3.2 Bottom-Up Approach
2.4 Market Forecast
2.5 Assumptions for the Study
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Personal Cloud Market
4.2 North America: Market, By Revenue Type and Country, 2019
4.3 Personal Cloud Market, By User Type, 2019-2024
5 Market Overview
5.2 Market Dynamics
5.3 Use Cases
5.3.1 Use Case 1: Egnyte
5.3.2 Use Case 2: Synchronoss
5.3.3 Use Case 3: Torque It
5.4 Standards and Regulations
6 Personal Cloud Market, By Pricing Strategy
6.2 Freemium Model
6.3 Free Users Vs. Paid Users
6.4 Is This Model Profitable?
6.5 Pricing Models for Future
7 Personal Cloud Market, By Revenue Type
7.2 Direct Revenue
7.3 Indirect Revenue
8 Personal Cloud Market, By User Type
9 Personal Cloud Market, By Region
9.2 North America
9.4 Asia Pacific
9.5 Middle East and Africa
9.6 Latin America
10 Competitive Landscape
10.1.1 New Product Launches
10.1.2 Partnerships and Collaborations
10.2 Competitive Leadership Mapping
10.2.1 Visionary Leaders
10.2.3 Dynamic Differentiators
10.2.4 Emerging Companies
11 Company Profiles
11.9 Western Digital
11.12 Buffalo Technology
11.22 Asus Cloud
For more information about this report visit https://www.researchandmarkets.com/r/tb49sn