DUBLIN, March 10, 2023 /PRNewswire/ -- The "Consumer Cloud Services: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Consumer Cloud Services Market to Reach $1.9 Trillion by 2030

In the changed post COVID-19 business landscape, the global market for Consumer Cloud Services estimated at US$260.3 Billion in the year 2022, is projected to reach a revised size of US$1.9 Trillion by 2030, growing at a CAGR of 28% over the analysis period 2022-2030. Cloud Videos, one of the segments analyzed in the report, is projected to record 0.5% CAGR and reach US$133.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cloud Storage segment is readjusted to a revised 40.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $77.1 Billion, While China is Forecast to Grow at 27.4% CAGR

The Consumer Cloud Services market in the U.S. is estimated at US$77.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$326.5 Billion by the year 2030 trailing a CAGR of 27.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.1% and 23.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 17.4% CAGR.

Select Competitors (Total 72 Featured) -

• Amazon.com, Inc.
• Apple Inc.
• Box, Inc.
• Carbonite, Inc.
• Deezer
• Dropbox, Inc.
• GameFly, Inc.
• Google Inc.
• Hulu, LLC
• Microsoft Corp.
• Napster
• Netflix, Inc.
• Nextcloud
• Pandora Media, Inc.
• Sony Interactive Entertainment LLC
• SoundCloud Limited
• SpiderOak
• Spotify Ltd.
• SugarSync, Inc.
• Tidal
• Utomik, Inc.
• Valve Corporation
• Vudu
• YouTube Red
• YouTube, LLC

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Consumer Cloud Computing: The Next Big Thing in Cloud Computing
• Recent Market Activity
• New Millennials Emerge as the Lucrative Customer Cluster for Cloud Entertainment Services
• Cloud Video to Witness Blistering Growth to Emerge as the Single Largest Segment by 2024
• Cloud Video Service Providers Battle Hard for Premium Content Rights & Original Productions
• Consumer Cloud Storage Emerges Into the Standard Data Storage Technology for the Rapidly Digitalizing Smartphone Friendly Internet Population
• Consumer Cloud Storage to Play a Pivotal Role in Handling the Onslaught of Data Generated by Consumer IoT (CIoT)
• Developing Countries Emerge as Hotspots for Future Growth
• Market Outlook
• Consumer Cloud Services - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Rise of the On-Demand Economy to Accelerate the Popularity of On-Demand Streaming Services Supported by the Cloud
• Consumer Cloud Entertainment Comprising Cloud Music, Gaming and Video: The Largest Segment of the Consumer Cloud Services Market
• Cloud Music Streaming: An Emerging Area of Opportunity for Consumer Cloud Services
• Breaking the Chains of Fixed Devices, Cloud Gaming Emerges into a Lucrative Business Opportunity for Cloud Service Providers
• The Dominance of PC Gamers Bodes Well for the Growth of Cloud Gaming
• A Peek Into Broad Technology Factors Providing the Foundation for the Growth of Consumer Cloud Services
• High-Speed Internet Penetration & Bandwidth Expansion
• Since Consumer Cloud Service Experiences are only as good as the Network, Developments in Internet Architecture Remain Crucial for Future Growth & Proliferation
• Growing Investments in 4G/LTE & 5G to Strengthen the Robustness of Consumer Cloud Services
• Favorable Smartphone Usage Patterns for Entertainment Supports Growth of Cloud Music, Gaming & Video Streaming Services
• Spiraling Global Sales of Smartphones Amplifies Data Storage Needs

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

A selection of companies mentioned in this report includes

• Amazon.com, Inc.
• Apple Inc.
• Box, Inc.
• Carbonite, Inc.
• Deezer
• Dropbox, Inc.
• GameFly, Inc.
• Google Inc.
• Hulu, LLC
• Microsoft Corp.
• Napster
• Netflix, Inc.
• Nextcloud
• Pandora Media, Inc.
• Sony Interactive Entertainment LLC
• SoundCloud Limited
• SpiderOak
• Spotify Ltd.
• SugarSync, Inc.
• Tidal
• Utomik, Inc.
• Valve Corporation
• Vudu
• YouTube Red
• YouTube, LLC

For more information about this report visit https://www.researchandmarkets.com/r/a4doe0

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