Personal Cloud Industry Growth, Research Report Countries, Emerging Technologies, Latest Trends and Future Technologies
The personal cloud market has been constant revenue growth, mainly due to the proliferation of smart and connected devices and the rising demand for cloud-based services. Besides, the market growth attributes to the increased need for additional storage in consumer electronic devices for disaster recovery planning. The emergence of industry-leading cloud capabilities positively impacts the growth of the market. Moreover, the rising demand for increased user experiences escalates market growth. According to a leading research firm – Market Research Future (MRFR), the global personal cloud market is estimated to create a valuation of approximately USD 125.92 BN by 2023, growing at a massive CAGR of 44.3% throughout the anticipated period (2017 – 2023). The demand to eliminate the need for additional hardware storage on the devices and improved customer experiences boosts the size of the market. Furthermore, increased demand for pre-installed storage service to cu...