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Cloud Backup Market By Deployment Type (Private Cloud, Public Cloud, Hybrid Cloud), By Industry Sector(Hospitality, Telecom and IT, Education) - Global Size Analysis and Industry Forecast, 2018-2023
Cloud Backup Market
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Microsoft Corporation (US), IBM Corporation (US), Oracle Corporation (US), Google Inc. (US), VMware Inc. (U.S), Veritas Software Corporation (U.S), Carbonite, Inc. (U.S), Acronis International GmbH (Switzerland), Iron Mountain Incorporated (U.S), Druva Software (India), are some of the key players in the Cloud Backup Market with IBM Corporation holding the substantial market share because of its better technological advancements and global reach. Technological upgradation to cater to changing demand of end users. Similarly, growth strategies such as acquisition & merger were few techniques adopted by most of the top players in the last 5 years.
Drivers:
• Cost efficient as compared to On-Premises backup
• Restraints:
• Bandwidth limitations
• Opportunities:
• Rising adoption in Small-scale enterprises
• Challenges:
• Lack of Disaster Recovery Testing
Segmentation done on basis of Deployment Type includes Private Cloud, Public Cloud and Hybrid Cloud of which Public Cloud segment is expected to hold the highest market share during the forecast period. Segmentation done on basis of Component include Solutions segment & Service segment of which the Service segment is expected to grow at the highest CAGR during the forecast period.
Key Benefits for Stakeholders
• Cloud Backup Solutions & Service Providers
• Research and Consulting organization
• Technology Standards Organizations, Forums, Alliances and Associations
• End-use industries
• Regulatory bodies, policy actors, and consumers.
By Deployment Type
• Private Cloud
• Public Cloud
• Hybrid Cloud
By Industry Sector
• Hospitality
• Telecom and IT
• Education
• Healthcare
• Retail
• Banking, Financial Services, and Insurance
• Media & Entertainment
By Component
• Solutions
• Services
By Region
• North America
• Europe
• Asia-Pacific
• ROW
Key Market Players
• Microsoft Corporation
• IBM Corporation
• Google Inc.
• Oracle Corporation
• VMware Inc.
• Veritas Software Corporation
• Carbonite, Inc.
• Acronis International GmbH
• Iron Mountain Incorporated
• Druva Software
• (Another brief information of 10 companies will be provided in a report)
Read Report Overview with Full TOC @ https://genesismarketinsights.com/viewreport/248/31/Cloud-Backup-Market-
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Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making.
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