As stated by Persistence Market Research in its recent research report on global consumer cloud storage services market, the global market is expected to grow with a significant jump to attain a notable valuation by the end of the forecast period.The high growth can be attributed towards the growth in HD video consumption, affordability of smartphones and increasing trend of BYOD (bring your own device) that is helping cloud consumption. Number of Laptop users worldwide is anticipated to grow as digitization of content increases. Laptop users will be the primary addressable market for Cloud Storage Services providers. Smartphone users will grow exponentially with the increase of disposable income in developing economies. Cloud services provider will witness high gain from smartphone adoption as cloud serves as a convenient way of data transfer for users. As per the analytical research study on consumer cloud storage services
The 18-40 segment in the user age category is expected to be highly lucrative segment in the coming years. The individuals lying in the 18-40 age category are prime users of cloud storage services. The increasing number of population and growing use of cloud services among people in the 18-40 age group has accelerated the growth of the consumer cloud storage services market.
Market Analysis and Insights: Global Consumer Cloud Storage Services Market
The research report studies the Consumer Cloud Storage Services market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Consumer Cloud Storage Services market size is projected to reach US$ 3290.2 million by 2027, from US$ 1814.6 million in 2020, at a CAGR of 8.4% during 2021-2027.
Global Consumer Cloud Storage Services Scope and Segment
The global Consumer Cloud Storage Services market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Consumer Cloud Storage Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Below 18 Years
18-40 Years
Above 40 Years
Segment by Application
Adults
Teenagers
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Apple
Google
Box
Dropbox
Amazon
Microsoft
Sync
Hubic
Mediafire
Pcloud
The 18-40 segment in the user age category is expected to be highly lucrative segment in the coming years. The individuals lying in the 18-40 age category are prime users of cloud storage services. The increasing number of population and growing use of cloud services among people in the 18-40 age group has accelerated the growth of the consumer cloud storage services market.
Market Analysis and Insights: Global Consumer Cloud Storage Services Market
The research report studies the Consumer Cloud Storage Services market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Consumer Cloud Storage Services market size is projected to reach US$ 3290.2 million by 2027, from US$ 1814.6 million in 2020, at a CAGR of 8.4% during 2021-2027.
Global Consumer Cloud Storage Services Scope and Segment
The global Consumer Cloud Storage Services market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Consumer Cloud Storage Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Below 18 Years
18-40 Years
Above 40 Years
Segment by Application
Adults
Teenagers
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Apple
Box
Dropbox
Amazon
Microsoft
Sync
Hubic
Mediafire
Pcloud
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.