People everywhere are saving much more multimedia data in online storage services, and more users are forecast to add to this phenomenon. The active accounts associated with personal cloud storage services will exceed 1 billion at the end of 2013 -- that's nearly twice as many as a year ago, according to the latest market study by ABI Research. Over the next five years the global account base will more than triple, reaching 3.61 billion by the end of 2018. In the meantime, the aggregated data storage utilized by personal cloud services is expected to increase from 685 petabytes in 2013 to an incredible 3,520 petabytes in 2018. "Various factors are contributing to the rapidly increasing personal cloud uptake -- including the consumerization of enterprise IT and multiple device ownership. For storage needs, the most far-reaching driver is the expansion and improvement of camera technologies," said Aapo Markkanen, senior analyst at ABI Research . In particular, digital...
TMT Market Research and Analysis