Global Personal Cloud Market: Overview
Cloud has become one of the largest assets for a business.
The technology has reduced the burden of storage from the shoulders of the
business organizations and is helping the organizations to improve their infrastructure.
However, the threat of security has always been the concern for the businesses.
As a result they are incorporating their own personal cloud. Locking at the
growth in the adoption of the personal clouds, the global personal cloud market
is projected to witness a substantial growth over the period of time.
A report by Transparency Market Research provides in-depth
analysis of the global
personal cloud market to the readers. It elaborates the dynamics
of the market which helps the stakeholders to make better decision for the
growth of their business. Moreover, the report enlightens the facets such as
developments, strategies, challenges, and opportunities that are prevalent in
the global personal cloud market from 2019 to 2027.
Global Personal Cloud Market: Notable Developments and
Competitive Analysis
Looking at the vast advantages the technology can offer to
the businesses, several players are joining the league of the cloud service
providers. However, the consolidated personal cloud market owing to the
presence of handful of prominent players like Amazon, Microsoft, IBM, and Apple
is highly competitive. This nature of the market is posing a tough challenge for
the players that are willing to enter the global personal care market.
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Therefore in order to have a sustainable future in the
market, the upcoming players are engaging in strategies like partnerships and
collaborations. These strategies allows them to build a strong network of
distribution channel that can ensure the growth of their business in global
personal cloud market.
However, partnering with another business is also a strategy
that is being actively adopted by the established players also.
For instance,
- In
November 2019, Microsoft and AT&T announced their partnership. The
partnership shall allow Microsoft to use AT&T’s 5G network for a
seamless data transfer. The strategy will allow Microsoft to further
strengthen its grip over the global personal cloud market.
Moreover, other strategies such as acquisition and research
& development also helps the players to avail a better future in the global
personal care market from 2019 to 2027.
Global Personal Care Market: Key Drivers
Trending CaaS Drives More revenue for the Business
Cloud as a Service or CaaS has become one of the most
trending business these days. This business model drives significant revenue
for the business that can further help to improve the infrastructure of the
business. To avail the benefits of this business models, several businesses are
now investing on on-premise clouds, this is the major factor that is expected
to propel the growth of global personal care market from 2019 to 2027.
Moreover, CaaS also helps businesses to attract and retain more customers
reducing the churn effect from the business, this also helps the global
personal care market to grow substantially during the estimated time frame.
Reduced Threat of Data Theft
Using personal clouds help the businesses to protect their
data from being stolen. This as a result improves the integrity and
effectiveness. This is also one of the most prominent factors boosting the
growth of global personal clouds market during the estimated time frame of 2019
to 2027.
Global Personal Cloud Market: Regional Analysis
On geographical front, the global personal cloud market is
expected to be dominated by North America. The dominance is attributed to the
growth of technological companies in the U.S. and Canada along with growing
adoption cloud services in various business verticals. Moreover, the
development of new and advanced personal clouds infrastructures by businesses
in the region, further support North America to stay ahead of the curve in
global personal cloud market from 2019 to 2027.
The report offers a comprehensive evaluation of the market.
It does so via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report have been
derived using proven research methodologies and assumptions. By doing so, the
research report serves as a repository of analysis and information for every
facet of the market, including but not limited to: Regional markets,
technology, types, and applications.
The study is a source of reliable data on:
- Market
segments and sub-segments
- Market
trends and dynamics
- Supply
and demand
- Market
size
- Current
trends/opportunities/challenges
- Competitive
landscape
- Technological
breakthroughs
- Value
chain and stakeholder analysis
The regional analysis covers:
- North
America (U.S. and Canada)
- Latin
America (Mexico, Brazil, Peru, Chile, and others)
- Western
Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium,
Netherlands, and Luxembourg)
- Eastern
Europe (Poland and Russia)
- Asia
Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle
East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary
research (through interviews, surveys, and observations of seasoned analysts)
and secondary research (which entails reputable paid sources, trade journals,
and industry body databases). The report also features a complete qualitative
and quantitative assessment by analyzing data gathered from industry analysts
and market participants across key points in the industry’s value chain.
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A separate analysis of prevailing trends in the parent
market, macro- and micro-economic indicators, and regulations and mandates is
included under the purview of the study. By doing so, the report projects the
attractiveness of each major segment over the forecast period.
Highlights of the report:
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complete backdrop analysis, which includes an assessment of the parent
market
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changes in market dynamics
- Market
segmentation up to the second or third level
- Historical,
current, and projected size of the market from the standpoint of both
value and volume
- Reporting
and evaluation of recent industry developments
- Market
shares and strategies of key players
- Emerging
niche segments and regional markets
- An
objective assessment of the trajectory of the market
- Recommendations
to companies for strengthening their foothold in the market
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