Personal and Entry Level Storage Market, By Product Type, By Technology, By End User, By Geography

Description

The global Personal and Entry Level Storage (PELS) market is estimated to be valued at US$ 56.15 Bn in 2024 and is expected to reach US$ 241.24 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 23.1% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 56.15 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	23.10%	2031 Value Projection:	US$ 241.24 Bn

Figure. Personal and Entry Level Storage (PELS) Market Share (%), By Region 2024

Personal and Entry Level Storage Market - IMG1

Personal and entry level storage (PELS) provides ubiquitous data storage services to individuals and organizations for their non-critical unstructured data. They offer reliable and cost-effective storage solutions for personal files, photos, videos and backup of laptops and desktops. Growing digitalization and rise of cloud computing has increased demand for storing and accessing data from any location, driving adoption of PELS among consumers and small businesses globally.

Market Dynamics:

The global Personal and entry level storage (PELS) market is primarily driven by increasing digital data volumes, proliferation of smart devices, rise of remote working culture, and growing preference for cloud backup services among individuals and SMBs. However, data security concerns, high initial costs, and lack of high-speed internet connectivity in certain regions are some of the factors restraining the market growth. Emergence of technologies like IoT and AI is expected to create new opportunities in the market with increased demand for scalable storage solutions. Adoption of PELS for backup and archival of non-critical data from IoT devices and integration of AI capabilities for automated data organization and personalization are some emerging trends.

Key Features of the Study:

This report provides in-depth analysis of the global personal and entry level storage (PELS) market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global personal and entry level storage (PELS) market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Amazon, Apple, Autoliv, Inc., Box, CubeSmart, Dropbox, Egnyte, Engyte, Google, Life Storage Inc., Metro Self Storage, Microsoft, National Storage Affiliates, Prime Storage Group, and Safestore
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global personal and entry level storage (PELS) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global personal and entry level storage (PELS) market

Detailed Segmentation:

By Product Type
- Solid-State Drives
- Cloud-Based Drives
- Hard Disk Drives
- Recordable Discs
By Technology
- Directly Attached Storage
- Network-Attached Storage
- Cloud Storage Technology
- Signal Attached SCSI
- Others
By End User
- Media and Entertainment
- Financial Services
- Public Sector
- Health Care Industry
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- Amazon
- Apple
- Autoliv, Inc.
- Box
- CubeSmart
- Dropbox
- Egnyte
- Engyte
- Google
- Life Storage Inc.
- Metro Self Storage
- Microsoft
- National Storage Affiliates
- Prime Storage Group
- Safestore

Product Code: CMI4178

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Technology
- Market Snippet, By End User
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic

4. Global Personal and Entry Level Storage (PELS) Market, By Product Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Solid-State Drives
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Cloud-Based Drives
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Hard Disk Drives
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Recordable Discs
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

5. Global Personal and Entry Level Storage (PELS) Market, By Technology, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Directly Attached Storage
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Network-Attached Storage
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Cloud Storage Technology
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Signal Attached SCSI
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

6. Global Personal and Entry Level Storage (PELS) Market, By End User, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Media and Entertainment
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Financial Services
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Public Sector
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn
Health Care Industry
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

7. Global Personal and Entry Level Storage (PELS) Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
North America
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - South Africa
  - Israel
  - GCC Countries
  - Rest of the Middle East & Africa

8. Competitive Landscape

Company Profiles
- Amazon
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Apple
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Autoliv, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Box
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- CubeSmart
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Dropbox
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Egnyte
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Google
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Life Storage Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Metro Self Storage
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Microsoft
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- National Storage Affiliates
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Prime Storage Group
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Safestore
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Research Methodology

References
Research Methodology
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