Market dynamics creating inflection point for operator personal cloud revenue growth potential
BRIDGEWATER, N.J., Oct 21 (Bernama-GLOBE NEWSWIRE) — Synchronoss Technologies (NASDAQ: SNCR) and Arthur D. Little reveal new analysis detailing that the total addressable market for personal cloud services will reach $8.9 billion by 2025 in the United States alone. The three key drivers of this trend are growth in mobile data generation and storage requirements, flat growth in free offerings by current market players, and continued evolution in personal cloud solution capabilities. The analysis shows that if the right strategy is adopted, the global personal cloud opportunity available to operators is valued between $15-$25 billion.
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