According to a new report released, online data backup revenue will be increased more than 500% in the next 4-5 years. Revenue related to consumer use of online backup/storage sites will grow from almost $75 million in 2009 to more than $372 million in 2015, at a CAGR of 27.89%.
“Many companies will provide free access to their web-based applications to consumers in the hope that they’ll be sufficiently impressed to bring their enthusiasm for these applications to the businesses for which they work. Commercial pricing is then based on the number of users and the amount of storage used.”
(more…)