The number of personal cloud storage users has been steadily increasing from 1136 in 2014 to 2309 in 2020. This represents an average annual growth rate of approximately 10.4%. By 2020, the number of personal cloud storage users had doubled.

According to Gartner, global public cloud spending will increase by 20.7% and reach $591.8 billion in 2023, compared to $490.3 billion in 2022.

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