Portland, OR -- (ReleaseWire) -- 07/07/2014 -- Cloud means, provision of services such as access, data storage, and manipulation from centralized infrastructure. Personal cloud implies a part of overall cloud space that can be used for personal services.
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With the help of personal cloud, user can store data on the internet and access it irrespective of place and time through a device connected to internet. The report provides a detailed analysis of the market to assist businesses on leveraging the personal cloud services. Need for customized services and tremendous growth in personal data are driving the market growth. However, limited bandwidth, privacy & security concerns are impeding the market growth.
In term of revenue, the market is segmented into direct and indirect revenue. Major portion of revenue is through indirect revenue, which includes selling & auctioning of advertisement spaces of individual’s profile pages.
On the basis of deployment model, the personal cloud market is segmented into individuals, small businesses and medium businesses. Individual segment is and would continue to lead the market during the analysis period. However, with increasing awareness and advent of BYOD, medium and small enterprises would also utilize personal cloud services.
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North America leads the market and it is expected to continue the lead during the analysis period. Asia-Pacific and Middle East & African regions would also witness significant market growth due to growing awareness.
- Competitive advantages of personal cloud services explained in the report convey potential of the market in a comprehensive manner
- Value chain analysis explains key insights on the role of all key intermediaries of the market and hence, collaboration strategies can be devised
- Porter’s five force analysis elaborates the bargaining powers of suppliers & buyers in accordance with competitive scenario of the market, which facilitates companies for efficient business planning
- Estimations are forecast according to the present market and projected future trends for the analysis period of 2014-2020 with base figures of 2013
- There is additional stress laid on trends and opportunities in various geographies so that companies can target specific regions to gain competitive edge
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