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