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Experts Predict Cloud Storage Needs to Triple by 2018

by: Bryon Turcotte  /  December 16, 2013

Researchers predict that over 1 billion personal cloud storage service accounts will be active by the end of 2013, according to an article published by The Host Review website. The report indicates that the compiled data, collected by ABI Research, shows that this is double the amount of accounts that existed last year.

According to the article, the report continued to project that these numbers will increase again over the next five years, stating that this amount "_will more than triple, reaching 3.61 billion by the end of 2018. According to the article,_" Researchers also expect that there will be an increase of "_aggregated data storage utilized by personal cloud services_. " The data shows this increase to be from "_685 petabytes in 2013 to 3,520 petabytes_" in that three-year time frame.

In the article, industry experts commented on this increase. One expert, Aapo Markkanen, a senior analyst, said, "Various factors are contributing to the rapidly increasing personal cloud uptake, including the 'consumerization' of enterprise IT and multiple device ownership." Markkanen was also quoted in the article to say, "For storage needs, the most far-reaching driver is the expansion and improvement of camera technologies. In particular, cameras embedded in smartphones have generated large amounts of high-resolution image and video content. This trend toward ubiquitous cameras is only set to intensify, as camera capabilities gain traction in wearable computing and the Internet of Things."

Read more about these findings and the impact industry experts expect in the original article here at The Host Review website.

Written by Bryon Turcotte  /  December 16, 2013