Global Personal Cloud Market to Reach a Value of USD 235.84 billion

 The personal cloud market is a subset of the private cloud-based infrastructure as a service market (IaaS). Large organizations typically use it with a high volume of incoming data regularly, as well as those with a critical need for data security. Banks, IT and telecom companies, and healthcare organizations are among the primary users of private cloud storage. With the increasing global adoption of cloud services, user organizations will require extensive maintenance and upgrading services in the coming years, driving the segment's growth.

Data Bridge Market Research analyses that the personal cloud market was valued at USD 37.36 billion in 2021 and is expected to reach the value of USD 235.84 billion by 2029, at a CAGR of 25.90% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.


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