Consumer Cloud Services

Consumer Cloud Services

Global Consumer Cloud Services Market to Reach $778.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Consumer Cloud Services estimated at US$155.8 Billion in the year 2020, is projected to reach a revised size of US$778.1 Billion by 2027, growing at a CAGR of 25.8% over the analysis period 2020-2027. Cloud Videos, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$111.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud Storage segment is readjusted to a revised 37.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $46.1 Billion, While China is Forecast to Grow at 25.6% CAGR

The Consumer Cloud Services market in the U.S. is estimated at US$46.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$139.1 Billion by the year 2027 trailing a CAGR of 25.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 21.1% and 22.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 18.3% CAGR.

Cloud Music Segment to Record 21.8% CAGR

In the global Cloud Music segment, USA, Canada, Japan, China and Europe will drive the 21.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8.6 Billion in the year 2020 will reach a projected size of US$33.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$98.4 Billion by the year 2027.

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


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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
TABLE 1: World Recent Past, Current & Future Analysis for Consumer Cloud Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 2: World 7-Year Perspective for Consumer Cloud Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
TABLE 3: World Recent Past, Current & Future Analysis for Cloud Videos by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 4: World 7-Year Perspective for Cloud Videos by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 5: World Recent Past, Current & Future Analysis for Cloud Storage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 6: World 7-Year Perspective for Cloud Storage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 7: World Recent Past, Current & Future Analysis for Cloud Music by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 8: World 7-Year Perspective for Cloud Music by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 9: World Recent Past, Current & Future Analysis for Cloud Gaming by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 10: World 7-Year Perspective for Cloud Gaming by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 11: World Consumer Cloud Services Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
III. MARKET ANALYSIS
UNITED STATES
Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
TABLE 12: USA Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 13: USA 7-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2021 & 2027
CANADA
TABLE 14: Canada Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 15: Canada 7-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2021 & 2027
JAPAN
Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
TABLE 16: Japan Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 17: Japan 7-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2021 & 2027
CHINA
Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
TABLE 18: China Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 19: China 7-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2021 & 2027
EUROPE
Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
TABLE 20: Europe Recent Past, Current & Future Analysis for Consumer Cloud Services by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 21: Europe 7-Year Perspective for Consumer Cloud Services by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027
TABLE 22: Europe Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 23: Europe 7-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2021 & 2027
FRANCE
Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
TABLE 24: France Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 25: France 7-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2021 & 2027
GERMANY
Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
TABLE 26: Germany Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 27: Germany 7-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2021 & 2027
ITALY
TABLE 28: Italy Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 29: Italy 7-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2021 & 2027
UNITED KINGDOM
Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
TABLE 30: UK Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 31: UK 7-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2021 & 2027
REST OF EUROPE
TABLE 32: Rest of Europe Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 33: Rest of Europe 7-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2021 & 2027
ASIA-PACIFIC
Consumer Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
TABLE 34: Asia-Pacific Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 35: Asia-Pacific 7-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2021 & 2027
REST OF WORLD
TABLE 36: Rest of World Recent Past, Current & Future Analysis for Consumer Cloud Services by Type - Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 37: Rest of World 7-Year Perspective for Consumer Cloud Services by Type - Percentage Breakdown of Value Sales for Cloud Videos, Cloud Storage, Cloud Music and Cloud Gaming for the Years 2021 & 2027
IV. COMPETITION

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