Others already answered with information that you usually have more devices then just 1. So you can have access to your data from PC, laptop and your phone.
I for once also like to have my own data my own. I.e. I have:
- my own email server
- my own files sharing service
- service for cardDav, CalDav etc.
- service for editing my own office files on mobile
- notes that are synchronized
- streaming of movies and music
- build and git server
- my own smart home service
- notification service
- chat
- VPN
- desktop sharing service
- my own DNS for blocking adds
- and others