The global Cloud Data Back-Up & Recovery Market is forecasted to be worth USD 19.91 Billion by 2027, according to a current analysis by Emergen Research. The growing cloud computing adoption, increasing demand for computer data storage, and increasing demand for data centers are anticipated to propel the cloud data backup and recovery market. The-usage of virtualization technology in data centers helps enterprises, through the use of a limited number of physical servers, to reduce capital expenditures and optimize resources. The concept of computer virtualization has the ability to reduce the cost of a data center by around 25%. This strategy is now increasingly being adopted by the majority of data centers, which is expected to further drive market growth.
The report has gather vital information about recent mergers and acquisitions, joint ventures, collaborations, partnerships, brand promotions, R&D activities, and government and corporate deals, among others through extensive primary and secondary research. The report also offers detailed analysis of each competitor along with their financial standing, global market position, product portfolio, manufacturing and production capacity, and business expansion plans. The research report gives a special focus on the strengths and weaknesses of the leading participants and offers a comprehensive SWOT analysis and an investigative study for their evolution through extensive historical analysis
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Leading Players Analyzed in the Report:
Dell Inc., Microsoft Corporation, IBM Corporation, Oracle Corporation, Acronis International GmbH, CA Technologies, Hewlett Packard Enterprise, Commvault, Veeam Software, and NetApp, Inc., among others.
Scope of the reports:
The study draws a forecast of the growth of the Cloud Data Back-Up Recovery Market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global Cloud Data Back-Up Recovery Market . The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
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Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Highlights From The Report
April 2020, The general availability of the latest Veeam Backup for Microsoft Azure, an enterprise-ready cloud backup and recovery solution, was announced by Veeam Software, the pioneer in backup solutions that provide Cloud Data Management. This latest offering would allow consumers and service providers to migrate more applications and data to Azure and to secure cloud services in Azure cost-effectively, efficiently, and securely. Moreover, the portable backup framework of Veeam allows full Cloud Mobility in a multi-cloud environment, with recovery, backup, and migration.
Over the forecast timeframe, the data retention segment is expected to dominate the market with a CAGR of 10.8%, since it offers continuous data storage for business data acceptance.
Due to the advantages, such as greater compliance with safety regulations, improved redundancy, minimizing total cost of ownership, quick recovery, improved availability, the hybrid sector is anticipated to hold the largest market during the forecast period.
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Software Outlook (Revenue, USD Billion; 2017-2027)
Deployment Model (Revenue, USD Billion; 2017-2027)
Global Cloud Data Back-Up Recovery Market Geographical Landscape – Synopsis:
The report closely studies the growth trajectory of the global Cloud Data Back-Up Recovery Market . It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
Key Objectives of the Cloud Data Back-Up Recovery Market Report:
Analysis and estimation of the Cloud Data Back-Up Recovery Market size and share for the projected period of 2027
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Free Space Optics Communication Technology Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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What our reports offer:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
covers market data for 2019, 2020, till 2027
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Table of Contents:
Chapter 1 includes an introduction of the global Cloud Data Back-Up Recovery Market , along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application
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