Personal Cloud Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast 2021 - 2026
Personal cloud market size is forecast to surpass $177 billion by 2025, growing at CAGR 17.8% during 2020-2025 owing to the increasing number of smartphone users globally with growing penetration of 4G subscribers. Apart from this, the significant rise in enterprises opting for indirect personal cloud services due to its less go-to-market time, higher profit margins and so on. This is set to assist the market growth especially in the small and medium business end users during the forecast period 2020-2025. Request Sample Key Takeaways- Personal Cloud Industry Outlook Small and medium business market vertical for personal cloud to witness prominent growth rate during 2020-2025, owing to the low cost, ease of scalability and elimination of the need for big IT team Increase penetration of mobile workers in SME along with adoption of Bring-Your-Own-Device (BYOD) scheme to reduce the IT infrastructure cost also set to drive the personal cloud market Explosive growth of smartphones and conn