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Financial & Legal
Asia Pacific Personal Cloud Market is expected to reach US$ 9580 Mn by 2024 from US$ 4379 Mn in 2016 at a CAGR of 10.28%The Asia Pacific personal cloud market is divided by hosted types, revenues, user type, and geography. Based on hosted types, the Asia Pacific personal cloud market includes hosted from provider’s premises and users premises. By revenues, the market is classified into direct and indirect revenues. On the basis of user type, the Asia Pacific personal cloud market consists of individual, small enterprises, and medium enterprises. Geographically market is spread by China, Japan, India, South Korea, Australia, others. The current economic, as well as political challenges faced by China, have lead towards some optimism in its IT sector. Over the past few years, cloud storage seems to have taken the Chinese IT industry and its growth. The pervasive and rapid internet growth has exploded with more people gaining access to mobile devices. The personal cloud has sprung up to serve an undivided need for sufficient storage as well as data sharing points for mobile users. Behind the boom lies a growing level of attention from both China and the international players. Due to the size, every technology vendor hopes to hold a share of the coveted mar
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