Global Computational Creativity Market COVID-19 outbreak, Sales Revenue, Worldwide Analysis, Competitive Landscape, Future Trends, Industry Size and Regional Forecast To 2027

 Market Overview

Global Computational Creativity Market is expected to reach USD 1.1497 Billion by 2027, registering a CAGR of 25.42% during the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the global computational creativity market to offer a better glimpse of the coming years.

Global Computational Creativity Market has been segmented based on Technology, Components, and Application.

Based on the technology, the global computational creativity market has been segmented into natural language processing (NLP), machine learning and deep learning (ML and DL), and computer vision. The machine learning and deep learning segment dominated the market in 2020. Furthermore, the segment is anticipated to emerge as the fastest-growing segment over the forecast period owing to the increasing adoption of machine learning & deep learning algorithm for implementing various applications of computational creativity. The growing demand for the improvement of the creative process and efficiency of creative professionals contributes to the rapid growth of the segment in the computational creativity market. The natural language processing segment is a subfield of artificial intelligence that deals with the interaction between computers and humans using natural language.  The computer vision segment is a branch of artificial intelligence that instruct computers to interpret and understand the visual world.

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Based on components, the global computational creativity market has been segmented into solutions and services. The service segment dominated the global computational creativity market in 2019. Its higher growth rate can be attributed to the high demand for services, particularly for consulting, support, and maintenance services. The service segment is further sub-segmented into professional services and managed services. The solution segment is also further divided into software tools and platform.

Based on application, the global computational creativity market has been segmented into marketing and web designing, product designing, music composition, photography and videography, high-end video gaming development, automated story generation, and others. The others segment is further divided into training simulation and R&D. The marketing and web designing segment dominated the market in 2019 due to the ability of computational creativity solutions to assist users to build a creative website easily and quickly with a few simple clicks. Additionally, the growing trends for branding, advertising, and building effective marketing campaigns can be attributed to the use of computational creativity solutions for marketing and web designing applications. The product designing segment is expected to register the highest CAGR during the forecast period. Product designing is the process of imagining, creating, and iterating products that address the consumers' needs.

COMPETITIVE ANALYSIS

The Key Players in the Global Computational Creativity Market are IBM (US), Google (US), Microsoft (US), Adobe (US), AWS (US), Autodesk (US), The Grid (US), Canva (Australia), Jukedeck (UK), Humtap (US), Amper Music (US), Automated Creative  (UK), ScriptBook (Belgium), B12 (US), Hello Games (UK), Aiva (Luxembourg), Object AI (Hong Kong), Firedrop  (UK), OBVIOUS (France), Prisma Labs (US), Cyanapse (UK), Lumen5 (Canada), Skylum (UK), Logojoy (Canada), and Runway (US).

REGIONAL ANALYSIS

The regional analysis for the computational creativity market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. In 2019, North America held the largest market share. It is expected to witness strong growth during the study period owing to increasing investments in computational creativity technologies. The market in Asia-Pacific is expected to account for the highest CAGR during the study period, primarily due to the rising use of AI technology for developing creative content.

Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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Global Agriculture Analytics Market COVID-19 impact analysis, Growth Rate, Trends, Analysis, Future Scope, Size, Share, Forecast To 2027

 Market Overview

Global Agriculture Analytics Market is projected to reach USD 1.5 Billion by 2027, registering a CAGR of 11.71% during the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the agriculture analytics market to offer a better glimpse into the coming years

Global Agriculture Analytics Market has been segmented based on Component, Farm Size, Deployment, Application, and Region.

Based on component, the global agriculture analytics market has been segmented into solution and services. The solution segment is expected to account for a significant market share over the projected period. The increasing need for agribusiness to analyse critical farm-related data for better decision-making contributes to the growth of the solution segment in the global market during the forecast period.

Based on farm size, the global agriculture analytics market has been segmented into large farms and small and medium-sized farms. The large farms segment accounted for the larger market share and is expected to hold the higher CAGR during the forecast period. The adoption of agriculture analytics solutions in large farms is higher than in small and medium-sized farms due to the affordability. Additionally, large farms usually have the capital to invest in innovative technologies that allow them to improve a well-equipped next-generation agricultural infrastructure.

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Based on deployment, the global agriculture analytics market has been segmented into cloud and on-premises. The cloud-based segment is projected to witness the higher CAGR during the study period. Cloud-based software solutions do not require users to purchase a server to run the analytics techniques. Cloud computing focuses on shared networks, servers, and storage devices, eliminating the high costs incurred in maintaining hardware and software infrastructure.

Based on application, the agriculture analytics market has been segmented into farm analytics, livestock analytics, aquaculture analytics, and others. The others segment is further sub-divided into orchid, forestry, and horticulture. The livestock analytics segment is expected to hold the largest share during the forecast period. Agriculture analytics solutions aid livestock producers in making better decisions by acquiring real-time information about animals and improving various livestock management processes.

Competitive Analysis

The Key Players of the Global Agriculture Analytics Market are Deere & Company (US), IBM (US), SAP SE (Germany), Trimble (US), Monsanto (US), Oracle (US), Accenture (Ireland), Iteris (US), Taranis (Israel), Agribotix (US), Agrivi (UK), DTN (US), aWhere (US), Conservis Corporation (US), DeLaval (Sweden), FBN (US), Farmers Edge (US), GEOSYS (US), Granular (US), Gro Intelligence (US), Proagrica (UK), PrecisionHawk (US), RESSON (Canada), Stesalit Systems (India), AgVue Technologies (US), Fasal (India), AGEYE Technologies (US), HelioPas AI (Baden-Württemberg), OneSoil (Belarus), and Root AI (US)

Regional Analysis

The regional analysis for the global agriculture analytics market has been done for North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America. The market in North America accounted for the largest market share in 2019, and it is expected to register strong growth during the forecast period. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period. This growth can be attributed to the growing adoption of agriculture analytics technology among the various verticals.

Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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Serverless Architecture Market COVID-19 outbreak, Size, Share, Current Trends, Industry Demand, Regional Outlook and Forecast To 2027

 Market Overview

The serverless architecture market is anticipated to grow rapidly at a high CAGR during the forecast period. The global serverless architecture market is driven by adoption of cloud computing across different industries. These factors have helped shape the serverless architecture market and are expected to boost the growth. Companies in the serverless architecture market could also face challenges such as complex deployment and high maintenance cost. The details covered in the serverless architecture market report cover all the aspects of the industry. Analysts studying the serverless architecture market have also shared growth projections in the report and have suggested serverless architecture market players to plan business strategies accordingly.

Segmentation

The global serverless architecture market has been segmented based on services, enterprise size, and industry vertical. On the basis of services, the market for serverless architecture is segmented based on analytics, API management, automation & integration, security, support & maintenance, training & consulting, monitoring, and others. Additionally, the market on the basis of enterprise size, is segmented into small & medium enterprises and large enterprises. The global market for serverless architecture is also covered based on industry vertical segment which is further split into energy & utility, healthcare, IT and telecommunication, manufacturing, retail & consumer goods, BFSI, and other.

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Factors like high scalability provided by serverless architecture as well as other benefits such as easy deployment of software and online application support the serverless architecture market growth. The performance of the serverless architecture market has also been studied for the past and current years. Additionally, the serverless architecture market report provides analysis of these segments. The serverless architecture market segmental analysis provided in the report offers major details about the serverless architecture market based on the data and forecasts till 2027.

Regional Analysis

Companies in the serverless architecture market are spread across the world. The serverless architecture market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American serverless architecture market has many companies across the United States, Canada, and Mexico. The serverless architecture market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the serverless architecture market can be found in the market research report. Europe has companies in the serverless architecture market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the serverless architecture market across India, China, and Japan in the Asia-Pacific region is also presented in the report.

Competitive Landscape

The serverless architecture market is supported by growing investments by key players into research and development of solutions that help these companies achieve higher ROI as well as operational efficiency. The population growth around the world and increasing demand of serverless architecture market based services and products also support the market growth. However, the serverless architecture market growth can be affected due to lack of infrastructure supporting new technologies and unavailability or shortage of skilled expertise in developing countries. The report covers all such details which will help companies in the serverless architecture market to strengthen their business plan and improve their product portfolio. The serverless architecture market research report also provides company profiles of major companies. The company profiles of many organizations operating in the serverless architecture market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the serverless architecture market. New companies and established businesses can plan their strategies based on this data provided in the serverless architecture market research report.

Industry News

Prime Technology Group and Synerzip, a leading Agile digital product creation company for advanced technology businesses, recently confirmed that they have partnered. At the core of each organization are teams of US and India-based IT specialists, industry and subject matter experts and tech architects who plan, create, execute and endorse digital transformation and product growth strategies for their clients. The combination of Synerzip and Prime more than doubles the merged staff and broadens its global presence, increasing the range of experience and fields of expertise open to clients.

Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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Blockchain AI Market COVID-19 impact analysis, Outlook and Future Scope Analysis and Forecast Till 2027

 Global Blockchain AI Market Research Report: Information By Technology (ML, NLP, Context-Aware Computing, Computer Vision), Component (Platform/Tools, Services (Consulting, System Integration and Deployment and Support and Maintenance)), Applications (Smart Contracts, Payment and Settlement, Data Security, Data Sharing/Communication, Asset Tracking and Management, Logistics and Supply Chain Management, Business Process Optimization and Other), Deployment Mode (Cloud and On-Premises), Organization Size (Large Enterprises and SMEs), Vertical (BFSI, Telecom & IT, Healthcare & Life science, Manufacturing, Media & Entertainment, Automotive and Others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2027

Market Overview

Global Blockchain AI Market projected that the market can develop at an attractive CAGR rate over the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse into the coming years

Global Blockchain AI Market has been segmented based on Technology, Component, Applications, Deployment Mode, Organization Size, Vertical, and Region

Based on Technology, the blockchain AI market has been segmented into machine learning, natural language processing, context-aware computing, and computer vision. The machine learning segment accounted for the largest market share and is expected to hold the highest CAGR during the forecast period. The machine learning segment extracts meaningful insights from raw data to solve complex, data-rich business problems quickly. Additionally, it helps improve the efficiency of logistics and transportation networks.

Based on component, the blockchain AI market has been segmented into platform/tools and services. The service segment held the larger market share of the global blockchain AI market and is also expected to witness a higher CAGR during the forecast period. The service segment is further divided into consulting, system integration and deployment, and support and maintenance. It deploys, executes, and maintains the blockchain AI platform in an organization.

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Based on applications, the blockchain AI market has been segmented into smart contracts, payment and settlement, data security, data sharing/communication, asset tracking and management, logistics and supply chain management, business process optimization, and other. The data security segment is expected to dominate the market over the forecast period as it offers enhanced operational efficiency and ensures a more secure environment. The data security segment enhanced security and quick and transparent operations.

Based on deployment mode, the blockchain AI market has been segmented into cloud and on-premises. The cloud segment is expected to register the largest market share during the forecast period as it assists in secure data storage and offers remote access to any work-related data.

Based on organization size, the blockchain AI market has been segmented into large enterprises and SMEs. The SMEs segment is projected to register a faster growth rate over the forecast period. SMEs are adopting solutions powered by blockchain and AI as they allow businesses to access high-quality data and insights at a low cost.

Based on vertical, the blockchain AI market has been segmented into BFSI, telecom and IT, healthcare and life science, manufacturing, media and entertainment, automotive, and others. The BFSI vertical segment is expected to witness the highest CAGR during the forecast period. Financial service providers are using blockchain-AI technology, which helps secure transactions for customers.

Competitive Analysis

The Key Players of the Global Blockchain AI Market are Figure Technologies (US), Cyware Labs (US), Core Scientific (US), NetObjex (US), Fetch.ai (UK), Ai-Blockchain (US), AlphaNetworks (US), Bext360 (US), Blackbird.AI (US), BurstIQ (US), Chainhaus (US), CoinGenius (US), Computable (US), Finalze (US), Gainfy (US), Hannah Systems (US), LiveEdu (UK), Mobs (US), Neurochain Tech (France), Numerai (US), SingularityNET (The Netherlands), Stowk (US), Synapse AI (US), Talla (US), Verisart (US), VIA (US), Vytalyx (US), Wealthblock.AI (US), and Workdone (US).

Regional Analysis

The regional analysis for the global blockchain AI market has been done for North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America. The market in North America accounted for the largest market share in 2019, and it is expected to register strong growth during the forecast period. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period. This growth can be attributed to the growing adoption of blockchain-AI technology among the various verticals.

Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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5G IoT Market Research Report COVID-19 analysis, Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers and Forecast To 2027

 Market Overview

The global 5G IoT market is not just growing but proliferating rapidly. Market growth attributes to the rising demand for Internet connectivity with high reliability. Besides, the growing use of Internet-connected devices and government initiatives for smart cities drive the market demand. Moreover, the continually rising demand for connectivity with low latency and higher download & upload speeds over the mobile network escalate market growth. 

According to Market Research Future (MRFR), the global 5G IoT market is projected to garner a valuation of approximately USD 7.9 BN by 2027 at a massive CAGR of 53% throughout the assessment period (2020 – 2027). The rising adoption of cloud-based services and demand for expanded access to 5G IoT ultra wideband service performance is growing rapidly. 

Due to the recent coronavirus outbreak, the global telecom industry reportedly has faced major delays in the launch of fifth-generation mobile services. Additionally, the regulatory timelines lag and delayed issuance of spectrum and auctions have increased the market demand exponentially. Furthermore, lockdowns and movement restrictions have affected the business operations of equipment manufacturers leading to a shortage of components.

Most countries have postponed their expenditure plans for later, which, in turn, affect the consumers and business organizations, presenting limited/unavailability of network service challenges. Additionally, the high cost associated with the implementation of the 5G infrastructure acts as a major headwind for the growth of the market. 

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Segmental Analysis

The report is segmented into five dynamics; 

By Service: Enhanced Mobile Broadband (eMBB), Ultra-Reliable Low Latency Communications (URLLC), and Massive Machine-Type Communications (mMTC).

By Technology: 5G New Radio (NR) Standalone Architecture and 5G New Radio (NR) Non-Standalone Architecture. 

By Type: Short-Range IoT Devices and Wide-Range IoT Devices. 

By Vertical: Consumer Electronics, Automotive, Railway, Mining, Utilities, Healthcare, Agriculture, Manufacturing, and others.

By Regions                          :  Europe, Americas, APAC, and Rest of the World.

Regional Analysis

North America dominates the global 5G IoT technology market. The largest market share attributes to the increase in the demand for 5G IoT services across industry verticals in this region. Besides, the rising demand for Internet connectivity with high reliability and the rapid adoption of Internet-connected devices drive the regional market's growth. Moreover, the presence of key technology providers, such as AT&T (US), T-Mobile USA, Verizon (US), and others, contributes to the regional market growth.

Substantial R&D investments by key players to advance 5G technology, spectrum licenses, and essential infrastructure for network connectivity in the region further propel the market growth. The US, followed by Canada and Mexico, hold considerable shares in the regional market. Also, various telecom companies in the region and the rising uptake of the latest technologies, such as IoT, substantiate market growth.

Europe stands second in the global 5G IoT technology market. Market growth is driven by the increasing adoption of IoT technologies in the manufacturing sector. Additionally, rapid developments in the automotive sector, such as trials being conducted for driverless vehicles, boost the market demand. Rigorous R & D activities in the region and ongoing customer trials in countries such as the UK, Germany, and France positively contribute to market growth.

The Asia Pacific region is a promising market for 5G IoT services. Factors such as the increasing focus on improving connectivity and high R&D investment in the region influence market growth. Furthermore, technical expertise, strong presence of key players, and increased industrialization foster the growth of the market. Moreover, the rising demand for 5G IoT services in emerging countries such as South Korea and Japan propels the growth of the regional market.

Key Players

Highly competitive, the global 5G IoT technology market appears fragmented due to the presence of several major technology providers. To gain a substantially larger market share, 5G IoT technology providers adopt strategies such as mergers & acquisitions, collaboration, expansion, and product & technology launch. Technology providers make substantial investments in transforming the consumer and business landscape in the future. 

Major Players: 

Players leading the global 5G IoT market include Nokia (Finland), Telefonaktiebolaget LM Ericsson (Sweden), Huawei Technologies Co., Ltd. (China), T-Mobile USA, INC (US), AT&T (US), Verizon (US), Telefónica S.A (Spain), Vodafone Limited (UK), BT (UK), Telstra Group (Australia), Sierra Wireless (Canada), Etisalat (UAE), Qualcomm Technologies, Inc. (US), Bell Canada (Canada), Singtel (Singapore), and Rogers Communications Inc. (Canada), among others.

Industry/ Innovation/ Related News

November 14, 2020 ---- Oman ministry of finance (MoF) announced its partnership with Swedish telecommunications company Ericsson to develop the 5G IoT Center. MoF, in partnership with Ericsson, would open a center of excellence (CoE) to explore the full potential of telecoms technologies and facilitate 5G and IoT in the country. The MoF also signed a cooperation program with the Ministry of Higher Education, Research and Innovation, and operator Omantel to establish the CoE to diversify its economy.

Ericsson would give technical support and conduct training & mentoring programs for telecom community members, university students, and researchers & innovators. It would also support the research project developments with5G and IoT applications, keeping pace with global developments in telecommunications technology and IoT.

Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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Telecom Service Assurance Market COVID-19 impact, Demand, Industry Size, Top Players, Opportunities, Sales, Revenue and Regional Forecast To 2027

 Global Telecom Service Assurance Market Research Report: By Component (Product and Services), Deployment (On-Premise and Cloud), Operator Type (Mobile Operator and Fixed Operator) and Region (North America, Europe, Asia-Pacific, South America and the Middle East and Africa) - Forecast till 2027

Overview

Global Telecom Service Assurance Market is expected to reach USD 9.32 Billion by 2027, registering a CAGR of 9.3% during the forecast period 2020–2027. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the coming years.

An increase in the number of cellular/mobile subscribers and the growing need of operators to automate network operations due to high customer churn rate are factors driving the global telecom service assurance market. Telecom service assurance helps telecommunication companies to enhance the quality of services offered by various telecom operators. It is a key competitive differentiator for telecommunication operators globally. All the key services offered by the telecom providers must be strong on service performance management and operations practices. Telecommunication service providers are offering several innovative services apart from traditional data and voice services in order to remain competitive in the telecommunication market; these services include over the top service (OTT) and digital payment services. With such intense competition, CSPs are now extensively focusing on product quality, since customers are expected to be loyal to a brand only until the services offered by the provider are satisfactory.  In order to do so, CSPs have to ensure efficient service support and service delivery management. Telecom service assurance is a holistic solution that helps in efficiently managing and keeping up with the quality of services. Telecom service assurance includes a number of tools for fault and event management, performance management, quality of service management, network traffic management, network and service testing, and customer experience management, among others. All these solutions help the telecom operator to effectively enhance the quality of services offered to the customers.

The adoption of telecom service assurances is specifically increasing in developing economies where the competition in the telecommunication industry is growing. Also, with the entry of various telecom service assurance providers in the market, enterprises have various vendors to evaluate before selecting the solution vendor, which in turn is creating competition in the market. Also, with the introduction of more affordable and technologically advanced solutions, the popularity of the telecom service assurances is increasing. All these developments in the market are driving the market forward.

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Segmental Analysis

The Global Telecom Service Assurance Market has been segmented on the basis of Component, Deployment Type, Operator Type, and Region.

Based on the component, the telecom service assurance market has been segmented into product and services.  The product segment accounted for the higher market share in 2018 and is expected to account for the larger share during the forecast period as well. With the growing demand for products from both mobile as well as fixed operators, the need for various telecom service assurance products is increasing. The services segment is expected to record a higher CAGR during the forecast period. Between professional and managed services, the managed services segment is expected to register the higher CAGR during the forecast period.

Based on deployment, the telecom service assurance market has been segmented into on-premise and cloud. The cloud segment is expected to register the higher CAGR during the forecast period. Telecommunication companies are rapidly adopting cloud-based services and solutions as these offer several benefits, including scalability, flexibility, and ease of operation, to telecom operators.

Based on operator type, the telecom service assurance market has been segmented into mobile operator and fixed operator. The mobile operator segment expected to exhibit the highest CAGR during the forecast period, 2019–2025

Competitive Analysis

The Prominent Players operating in the Telecom Service Assurance Market are Huawei Technologies Co., Ltd (China), Hewlett Packard Enterprise Development LP (US), Accenture (Ireland), Comarch SA (Poland), IBM (US), VMware (US), TEOCO Corporation (US), Nokia (Finland), NETSCOUT Systems, Inc. (US), Anritsu (Japan), Centina Systems (US), Enghouse Networks (US), Infovista (US), NEC Corporation (Japan), and MYCOM OSI (US).

Regional Analysis

The regional analysis for the global telecom service assurance has been done for North America, Europe, Asia-Pacific (APAC), and the Middle East & Africa, and South America.

The market in North America accounted for the largest market share in 2018, and it is expected to register high growth during the forecast period. The key driving factors for the growth of the telecom service assurance market in the region include the growing demand for such solutions among various communication service providers in the US, Canada, and Mexico.

The market in Asia-Pacific is expected to record the highest CAGR during the forecast period. For the purpose of analysis, Asia-Pacific has been categorized as China, Japan, India, and the rest of Asia-Pacific. This growth can be attributed to the growing number of companies in the region and their need for efficient management of queues.

Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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Personal Cloud Storage Market COVID-19 Analysis and Demand with Forecast To 2027

 Overview

The Global Personal Cloud Storage Market is expected to register a CAGR of 35.6% during the review period, 2020–2027.

Personal cloud storage (PCS) is local network-attached storage (NAS) device that lets users store data, photos, music, videos, and other files; it is also optimized for media streaming. The personal cloud storage devices are a way for home users to experience the advantages of high-capacity, cloud-based storage without losing control of their data. Users can access content on their PC devices from multiple computers using a web browser, while mobile apps provide access from iOS and Android mobile devices. Files can be shared without using a public cloud service.

The Global Personal Cloud Storage Market is dominated by a few major players, however, new players are expected to enter the market due to new revenue opportunities in regions such as Asia-Pacific, the Middle East and Africa, and South America. The entry of new players is expected to increase the competition in the market.

The personal cloud storage market is driven by the increase in demand for cost-efficient storage, data sharing, ease in data access, use of portable devices, and safety against data loss. Cloud market services provide improved accessibility, sharing users’ data, and increased security features and storage facilities, leading to improved user experience and ease of access. The market has also benefited from the upsurge of broadband connections and smartphones. It is expected that these services shall be in demand among business customers and individuals owing to the need for data storage platforms, leading to the enhanced adoption of cloud solutions and services. However, delivering safe data storage is one of the challenges faced by cloud service providers whereas, lack of consumer awareness, security concerns, and low funding are expected to hinder the growth over the upcoming years.

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Competitive Analysis

Some of the Key Players in the market are Amazon, Apple, Google, Seagate, Box, Microsoft, Dropbox, Engyte, Buffalo Technology, Sygarsync., Lima Technology, Gemalto, MEGA Ltd., D-Link Corporation, ElephantDrive, Mozy Inc., POLKAST LLC, and Dell among others.

Segmental Analysis

The Global Personal Cloud Storage Market has been segmented based on revenue Type, User Type, Hosting Type, and Region.

By Revenue Type, the market has been segmented into direct revenue and indirect revenue.

By User Type, the market has been divided into individual, small business and medium business. The individual user segment is expected to dominate the market over the forecast period.

By hosting type, the market has been divided into providers hosting and users hosting. The demand for user-hosted cloud storage is expected to be high due to the easy availability and cost-effectiveness of cloud solutions from service providers. However, the provider-hosted segment is expected to dominate the industry over the forecast period.

The regions included in the study are North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. North America dominates the personal cloud storage market owing to the advent of new technologies and increased awareness among the consumers in the region. Asia-Pacific is estimated to grow rapidly with the highest CAGR and is expected to contribute immensely to the market revenue.

Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact

Market Research Future

Phone: +1646 845 9312

Email: sales@marketresearchfuture.com