ABI Research: cloud-based consumer backup revenue to increase five-fold
Revenue related to consumer use of cloud-based backup/storage sites will grow from almost US$75 million in 2009 to more than $372 million in 2015, at a CAGR [compound annual growth rate] of 27.89%, according to new info from ABI Research (http://www.abiresearch.com).
According to ABI Research practice director Larry Fisher, “The consumer value proposition for many cloud computing applications is simple; they’re free. Most of the 1000+ US consumers responding to a 2010 ABI Research survey said they were hesitant to pay anything for use of a cloud-based service site.”
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