Personal Cloud Market Projected to Reach $43.5 Billion by 2018 - New Report by MarketsandMarkets

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The report provides insights on key market players, future scope, drivers, restraints and challenges of the personal cloud market. It also report focuses on evaluating global advancements, adoption trends, business models, market forces and technology road-map. (http://www.marketsandmarkets.com/Market-Reports/personal-cloud-market-821.html)

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Key players include Amazon, Apple, Box, Buffalo Technology, Drobo , Dropbox, Egnyte, Google, Iomega, LiveDrive, Microsoft, Mozy, Pogoplug, Polkast, Seagate Technology, Sugarsync and many more.

This MarketsandMarkets report forecasts that the global Personal cloud market is to reach $43.5 billion in 2018. This represents a compound annual growth rate (CAGR) of 45.61% from 2013 to 2018.

Explore personal cloud market with 150+ market data table/figures spread through 176 pages and in-depth TOC.
Early buyers will receive 10% customization on this report.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=821

In the current scenario individual users will continue to be largest market for Personal cloud services but small business users and medium business users are also set to adopt this service in the near future to a larger extent. In terms of geographies North America continues to be the biggest market for Personal cloud solutions followed by Europe. However over the next five years Asia-Pacific (APAC) and Middle East & Africa (MEA) will experience increased market traction once proper awareness is created.

MarketsandMarkets has segmented the global personal cloud market by types of revenues, deployment models and types of hosting. The types of revenues segment comprises of Direct revenues and Indirect revenues; whilst deployment models consists of Individual, Small business and Medium business segments. The types of hosting segment consist of Provider hosting and user hosting. All these segments are further bifurcated by geographies. Geographies covered include North America (NA), Europe, Asia-Pacific including Japan (APAC), Middle East & Africa (MEA) and Latin America (LA).

The major forces driving the market are factors such as Data Generation & Access, Disaster Recovery & Contingency Planning, Remote Access and BYOD & Mobile Workforce. At the same time, opportunities in Creating Awareness, Business Tie-ups with Electronic Device Manufacturers and Making Personal Cloud Appealing to Business Users will benefit the growth in this market.

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About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

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Mr. Rohan
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