According to a recent blog post by IBM, people and businesses will continue the trend of reducing their need to rely on costly hardware and infrastructure by placing files and applications in the cloud.
Given the multitude of cloud storage providers out there, you must take care in choosing a provider who will offer the maximum amount of low-cost storage and bandwidth, while still keeping your data safe.
This list represents our top 10 picks for cloud storage. All offer a free tier allowing you to see if they're right for you before handing over any hard-earned cash.
The Granddaddy of cloud storage, Dropbox offers a rather measly 2GB of free storage, but this can be increased up to 16GB free of charge by linking your Dropbox to social media and referring friends to join the service.
Dropbox Business subscriptions allow users to collaborate on work as well as giving each person unlimited space in a personal Dropbox account. There are also enhanced features for file recovery and versioning. Business pricing starts from $12.50 per user (around £10, AU$17).
Price: 2GB free. 1TB for $9.99 a month (around £8, AU$13) with Dropbox Pro
2. Google Drive
Google Drive is a natural choice for owners of Android devices as it's already integrated, but users of other platforms may appreciate the generous free storage too. You can also store high definition photos on your mobile phone with companion app Google Photos, and make use of Google's own office suite (now known as G Suite).
Downsides include the fact that the web interface isn't very easy-to-use, although Windows and Mac users can download a desktop app to drag-and-drop files easily.
Price: 15GB free. 100GB for $1.99 a month (around £1.50, AU$2.50). 1TB for $9.99 a month (around £8, AU$13).
Mega claims that all data stored in its cloud is encrypted on your device before it reaches the firm’s servers. As the company has released the source code to its sync client, experts can check that there are no vulnerabilities.
Price: 50GB free. 200GB for €4.99 a month (around £4, $5, AU$7)
OneDrive (formerly SkyDrive) is integrated into Windows 10's file explorer. You don't have to download an additional app – it's there to use out of the box, which is obviously very convenient for those who have made the jump to Microsoft’s newest operating system.
Microsoft's Photos app can also use OneDrive to sync pictures across all your devices. There's an app for Android and iOS devices, and there's even one in the App Store for Mac users (although it has received mixed reviews).
Price: 5GB free. 50GB for $1.99 a month (around £1.50, AU$2.50)
The Mac Finder app integrates iCloud Drive, where you can store any files you wish. Documents created in the iWork office suite are also saved to iCloud and can sync across your devices. Windows users can also sync their files with iCloud Drive using the official client, and access the iWork apps on the iCloud website.
Price: 5GB free. 50GB for $0.99 a month (around £0.80, AU$1.30). 200GB for $2.99 (around £2.50, AU$4)
As Box has been around for a while, it is supported by a number of mainstream apps such as Google Docs and Office 365. The Box Sync client is available from the Downloads page for Mac and Windows, plus there's also an official Android client.
Price: 10GB free. 100GB for $10 a month (around £8, AU$13)
If you've no server or IT experience, you can even purchase a preconfigured NextCloud Box from the website which comes with a 1TB hard drive and will work with an inexpensive Raspberry Pi board to keep your data synced.
Price: Free to install and use. Self-hosting so storage costs vary. NextCloud Box is $79.99 (around £65, AU$105)
The SpiderOakOne client is available for Windows, Mac and Linux as well as Android and iOS. You can also log in via the web interface but privacy lovers may prefer not to as it exposes your password to SpiderOak employees.
Price: 2GB free. 250GB for $9 a month (around £7, AU$12). 1TB for $12 a month (around £10, AU$16)
IDrive also offers IDrive Express – a service whereby if you lose all your data they will ship a physical hard drive out to you, allowing for the swift restoration of all your backed up files.
Price: 5GB free. 1TB for $52 a year (around £40, AU$70)
The service is available for all desktop and mobile platforms – users can also log in via the website. The company itself is registered in Switzerland which has strong privacy laws, and you can also pay a premium of $3.99 (around £3, AU$5) for pCloud Crypto to lock (and unlock) individual files with passwords.
Price: 20GB free. 500GB for $4.99 a month (around £4, AU$6.50). 2TB for $9.99 a month (around £8, AU$13)