The Global Market for Consumer Cloud Services is Forecast to Reach US$260.5 Billion by 2024
Rise of On-Demand Consumerism in the Entertainment and Data Storage Space Drives Demand for Consumer Cloud Services, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Consumer Cloud Services market. The global market for Consumer Cloud Services is forecast to reach US$260.5 billion by 2024 , fueled by the rise of on-demand consumerism in the entertainment and data storage space and the resulting rise of streaming music, videos, games and cloud storage services. The rise of the “On-Demand” economy and its revolutionizing influence on consumer behavior is wielding a significant impact on the way entertainment services such as music, videos, and games are demanded, delivered and consumed. Defined as instant fulfillment of consumer demand through immediate provisioning of goods and services, the on-demand economy feeds on developments ...