Press release
Global Opportunities and challenges on Cloud Backup market, Expansion at +25% CAGR with innovation in technology, various aspects of the industry – players, regions, types, and applications during the forecast period
The cloud backup market size is expected to grow from USD +1 Billion in 2017 to USD +4 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of +25% during the forecast period.
Increase in the adoption of mobile devices and easy deployment of cloud backup technology is driving the cloud backup market over the years. However, data accessibility through Internet poses the threat of identity theft, which is a restraint to the market growth. In addition, lack of high network bandwidth and strict government rules limit the adoption of cloud-backup technique. Increase in the number of mobile Internet users and need of technologically advanced solutions are anticipated to boost the market growth further during the forecast period.
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Key players include Acronis International GmbH (Switzerland), Asigra Inc. (Canada), Barracuda Networks, Inc. (US), Carbonite, Inc. (US), Code42 Software, Inc. (US), Datto, Inc. (US), Druva Software (US), International Business Machines Corporation (IBM; US), Iron Mountain Incorporated (US), Microsoft Corporation (US), Oracle Corporation (US), and Veeam Software (Switzerland). Other stakeholders of the cloud backup market include systems integrators, application designers and development service providers, and network service providers.
The global cloud backup market is segmented on the basis of component, service provider, organization size, industry vertical, and geography. Based on component, the market is divided into solution and service segments. Based on service provider, the market is segmented into managed service provider, cloud service provider, telecom and communication provider, and others. By deployment model, the cloud backup market is segmented into large and small & medium enterprises.
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Table of Content:
Cloud Backup Market Research Report 2018-2023
Chapter 1: Cloud Backup Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Cloud Backup Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Cloud Backup Market Effect Factors Analysis
Chapter 12: Cloud Backup Market Forecast
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We at, QYReports , a leading market research report publisher accommodate more than 4,000 celebrated clients worldwide putting them at advantage in today’s competitive world with our understanding of research. Our list of customers include prestigious Chinese companies, multinational companies, SME's and private equity firms whom we have helped grow and sustain with our fact-based research. Our business study covers a market size of over 30 industries offering unfailing insights into analysis to reimagine your business. We specialize in forecasts needed for investing in a new project, to revolutionize your business, to become more customer centric and improve the quality of output.
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