Latest research on Personal Cloud Market

Personal Cloud Market Latest Edition Published with Forecast to 2027
According to HIPAA (Health Insurance Portability and Accountability Act), its denoted that in the United States, the Data Protection Directive in the European Union introduces a host of compliance issues for agencies and organizations dealing with sensitive data.

The article cited AMA's "Global Personal Cloud Market Study" explored substantial growth of %. According to the report, Accepting New Standards for the Personal Cloud Industry Such as Fast and Convenient Access to Stored Data is one of the primary growth factors for the market. Rising Demand for Real-Time Data Access and Data Sharing, Cost-Effective and Efficient Storage and Safety Against Data Loss is also expected to contribute significantly to the Personal Cloud market. Overall, Individual applications of Personal Cloud, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Revenue Type, such as Direct Revenue, is boosting the Personal Cloud market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Hosting Type, such as User Hosting, is boosting the Personal Cloud market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Personal Cloud market identified that the demand is rising in many different parts of the world as "Growing Demand for User Hosted Cloud Storage ". Furthermore, some recent industry insights like "On December 30, 2018, IBM completely acquired RedHat mainframe computer with an amount of USD 34 billion. This acquisition is beneficial in providing artificial intelligence, hosting & consulting services in areas extending from mainframe computers to nanotechnology." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Personal Cloud market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2021 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Personal Cloud market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Personal Cloud Market Study

Data Triangulation
The overall Personal Cloud market size is calculated using market estimation process, the Personal Cloud market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Personal Cloud market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

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