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Cloud Backup Market 2019 Global Industry Analysis, Development, Opportunities, Future Growth and Business Prospects by Forecast To 2023


"Cloud Backup Market"
The report on the global Cloud Backup market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.

Market Highlights:

The global cloud backup market is growing pervasively mainly due to the growing demand for secured storage systems fuelled by the increasing number of enterprises, worldwide. Furthermore, factors such as growing volumes of data generation, growing adoption of SaaS, and greater efficiency cloud backup provides at much lower costs in comparison with the on-premises backup provide impetus to the market growth.

Recognizing the traction, the market is witnessing currently; Market Research Future (MRFR) in its recently published study report asserts that the global cloud backup market will reach approximately 5.66 Bn. USD by 2023, posting approximately 21.4 % CAGR during the assessment period 2017 – 2023.

The main purpose of a cloud backup solution is to be a form of disaster recovery for any type of data. Cloud backup or online backup refers to backing up of data to a remote, cloud based server. The large enterprises already have effective, but highly expensive, disaster-recovery plans with multiple tiers of data backup, generally including the cloud or at least data stored off site. Cloud backup can be considered as the only way to protect information and applications in a natural disaster. Using a cloud DR solution, businesses can back up entire machines to recover them instantly (including recovering all VMs), or back up volumes, directories and individual files for more-specific, efficient protection.

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Major Key Players:

  • Oracle Corporation (US),
  • Microsoft Corporation (US),
  • IBM Corporation (US),
  • EMC Corporation (US),
  • Amazon Web Services. (US),
  • Google Inc. (US),
  • Dropbox, Inc. (US.),
  • VMware Inc. (US),
  • Barracuda Networks, Inc. (US),
  • Datto, Inc. (US.),
  • CommVault Software (US),
  • Symantec Corporation (US),
  • Code42 Software, Inc. (US).

According to MRFR, The global Cloud Backup market is forecasted to gain prominence over the forthcoming years. The Market is forecasted to reach to USD ~5.66 Billion by 2023 growing with a striking double digit CAGR of ~21.4 % of during the forecast period 2017-2023.

Competitive Analysis

The global cloud backup market appears to be highly fragmented and competitive. Matured players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to maintain their market position and to gain the competitive advantage in this market. Strategic partnerships between key players support the growth and expansion plans of the key players during the forecast period.

Segmentation:

Segmentation By Solution: Comprises Primary storage, Disaster recovery, Cloud storage gateway and backup storage.

Segmentation By Deployment : Comprises Public Cloud, Private Cloud, and Hybrid Cloud.

Segmentation By Organization Size: Comprises SMEs and Large Enterprises

Segmentation By Service: Comprises Training and consulting, Support and maintenance, Cloud integration and migration and Managed services.

Segmentation By End-User   : Comprises BFSI, Consumer goods and retail, Education, Government and public sector, Healthcare and life sciences.

Regional Analysis:

North-America is dominating the Global Cloud Backup Market with the largest market share due to the increasing shift of workload to cloud environment. Cloud Backup Market in Asia-Pacific market is expected to grow at a substantial CAGR during 2017 to 2023 owing to the various advantages associated with using cloud storage. Moreover, increasing development of IT infrastructure by organizations, especially in India and China that are adopting new technologies to work efficiently with existing systems and data. The European market for Cloud Backup Market is expected to grow at a considerable CAGR (2017-2023).

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Intended Audience

  • Software investors
  • Cloud vendors
  • Application design and development service providers
  • System integrators/migration service providers
  • Training and education service providers
  • Data integration service providers
  • Managed service providers
  • Data quality service providers
  • Security Management Service Provider
  • Security Equipment Providers
  • Security Agencies
  • System Integrators

LIST OF TABLES

TABLE 1 CLOUD BACKUP MARKET, BY SOLUTION

TABLE 2 CLOUD BACKUP MARKET, BY SERVICES

TABLE 3 CLOUD BACKUP MARKET, BY DEPLOYMENT

TABLE 4 CLOUD BACKUP MARKET, BY ORGANIZATION SIZE

TABLE 5 CLOUD BACKUP MARKET, BY END-USERS

TABLE 6 CLOUD BACKUP MARKET, BY REGION

TABLE 7 NORTH AMERICA CLOUD BACKUP MARKET, BY SOLUTION

Continued………

LIST OF FIGURES

FIGURE 1 RESEARCH SOLUTION

FIGURE 2 CLOUD BACKUP MARKET: BY SOLUTION (%)

FIGURE 3 CLOUD BACKUP MARKET: BY SERVICES (%)

FIGURE 4 CLOUD BACKUP MARKET: BY DEPLOYMENT (%)

FIGURE 5 CLOUD BACKUP MARKET: BY ORGANIZATION SIZE (%)

Continued………

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/cloud-backup-market-3152



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