The global personal cloud market revenue is expected to expand at a lucrative CAGR over the forecast period. Increasing number of smartphone users and rising inclination towards social networking websites are major factors expected to boost growth of the global personal cloud market. On the other hand, high prices associated with personal cloud is the major factor expected to hamper growth of the global personal cloud market.

The global personal cloud market report has been segmented on the basis hosting, deployment, and region.

On the basis of hosting, the global personal cloud market is segmented into user and provider. The user segment is expected to contribute significant share in terms of revenue in the global market. The provider segment is estimated to register lucrative CAGR owing to increasing inclination of consumers towards cloud-based services.

On the basis of deployment, the global personal cloud market is segmented in to individuals, small business and medium business.

On the basis of region, the global personal cloud market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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North America market is expected to dominate in the global market, and is projected to maintain its dominance over the forecast period. This can be attributed to remarkable technological advancements in countries in the region. Asia Pacific market is projected to witness significant growth over the forecast period, and is expected to register a CAGR of X.X%. This can be attributed to increasing demand for cloud computing services in countries in the region. The global personal cloud markets in Europe, Latin America and Middle East & Africa are projected to witness moderate growth over the forecast period.

Prominent players in the global personal cloud market include Amazon (Cloud Drive), Apple (iCloud)Box, Inc. DropBox, Google Drive, Media Fire, OneDrive, SpiderOak Ubuntu One, and IBM Corporation.