openPR Logo
Press release

Cloud Backup & Recovery Software Market Demand in Near Future, Technology, Development, Trends and Forecasts 2023

12-04-2018 09:48 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Cloud Backup & Recovery Software Market Demand in Near Future,

According to a recent report published by Allied Market Research, titled, Cloud Backup & Recovery Software Market by Deployment Model, User Type, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global cloud backup & recovery software market was valued at $4,950 million in 2016, and is projected to reach at $22,228 million by 2023, growing at a CAGR of 24.2% from 2017 to 2023. In 2016, the hybrid segment accounted for the highest revenue share in the global market.

Increased attention on decreasing IT expenditure, high demand for cloud-based services in numerous industry verticals, and rise in backup requirements of enterprises drive the global cloud backup & recovery software market growth. However, latency in data retrieval and interruptions, and storage management and securing backups hamper this growth to a certain extent.

Download Report Sample of Report @ https://www.alliedmarketresearch.com/request-sample/4535?utm_source=OpenPR&utm_medium=SS

The large enterprises segment dominated the global market in 2016, and is expected to remain dominant during the forecast period, owing to the high adoption of cloud-based backup & recovery software among large enterprises.

Furthermore, the small & medium enterprises segment is expected to grow at the highest CAGR during the forecast period.Based on industry vertical, the telecom & IT segment led the market in 2016, and is projected to maintain its dominance in the future as well. However, the government segment is expected to witness the highest growth, owing to increasing adoption of cloud computing in improving the quality of e-government services.

North America generated the highest revenue in 2016; however, Asia-Pacific segment is anticipated to witness the fastest growth rate during the forecast period.

Key Findings of the Cloud Backup & Recovery Software Market:

•The hybrid segment is expected to exhibit significant increase in the global cloud backup & recovery software market during the forecast period.

•In 2016, the IT & telecom segment accounted for the highest revenue among the other industry verticals.

•The large enterprise segment is expected to dominate the market during the forecast period.

•North America generated the highest revenue in 2016.

•Asia-Pacific is projected to exhibit substantial growth during the forecast period.

Get Purchase Enquiry of Report @ https://www.alliedmarketresearch.com/purchase-enquiry/4535?utm_source=OpenPR&utm_medium=SS

Cloud Backup & Recovery Software Market Key Segments:

By Deployment Model

•Private
•Public
•Hybrid

By User Type

•Large Enterprises
•Small & Medium Enterprises

By Industry Vertical

•BFSI
•Government
•Healthcare
•Telecom & IT
•Retail
•Manufacturing
•Others

By Geography

•North America
•Europe
•Asia-Pacific
•LAMEA

Access Full Summary of Summary of Report @ https://www.alliedmarketresearch.com/cloud-backup-and-recovery-software-market?utm_source=OpenPR&utm_medium=SS

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
Sona Padman
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cloud Backup & Recovery Software Market Demand in Near Future, Technology, Development, Trends and Forecasts 2023 here

News-ID: 1415503 • Views:

More Releases from Allied Market Research

Reciprocating Hydrogen Compressor Market Analysis of Trends and Forecasts 2032 | Size at $914.29 Mn
Reciprocating Hydrogen Compressor Market Analysis of Trends and Forecasts 2032 | …
A reciprocating hydrogen compressor functions as a positive displacement compressor, utilizing a crankshaft-driven piston mechanism to compress hydrogen. These compressors play a crucial role in petroleum refining and chemical processing facilities. Moreover, hydrogen is increasingly recognized as a clean and efficient energy source across various sectors including transportation, power generation, and industrial processes. Global efforts to develop hydrogen infrastructure, such as fuel cell refueling stations and hydrogen manufacturing facilities, underscore a
Spiral Freezer Market Is Growing At A CAGR of 4.9% from 2023 to 2032 | Latest Research Report
Spiral Freezer Market Is Growing At A CAGR of 4.9% from 2023 to 2032 | Latest Re …
Spiral freezing, a technique employed in the food and beverage industries, utilizes compact freezers capable of preserving large quantities of food without compromising quality. This method ensures that products like ice cream, frozen pizza, meats, and bakery items retain their moisture, flavor, and texture throughout the freezing process. Spiral freezers employ either cryogenic or mechanical refrigeration techniques and are widely utilized in food manufacturing and preservation due to their swift
Americas Tile Grout Market To Witness Exponential Growth By 2023-2032 | With a CAGR of 4.9%
Americas Tile Grout Market To Witness Exponential Growth By 2023-2032 | With a C …
Grout plays a crucial role in providing support and stability to tiled surfaces by firmly securing the tiles in place and preventing any potential shifting or displacement. This ensures the long-term integrity of the tile installation. It is applied to fill the gaps, referred to as grout joints, between individual tiles, which are essential for accommodating slight size variations in the tiles and allowing for thermal expansion and contraction. Additionally,
Mining Drills and Breakers Market Increasing Demand and Growth Opportunities 2030 | At a CAGR of 4.1%
Mining Drills and Breakers Market Increasing Demand and Growth Opportunities 203 …
Mining drills represent the predominant equipment utilized for excavating the Earth's surface in mining operations. Breakers are employed to fracture rocks during the mining process. These tools facilitate the extraction of various organic materials and minerals such as coal, crude oil, gold, and a plethora of metals from the soil. There are two primary categories of drilling equipment: rotary and crawler, while hydraulic and rock breakers are the prevailing types

All 5 Releases


More Releases for Cloud

Customized Cloud Service Market Analysis by Company - Google Cloud Platform, Rut …
DeepResearchReports has uploaded a latest report on Customized Cloud Service Industry from its research database. Customized Cloud Service Market is segmented by Regions/Countries. All the key market aspects that influence the Customized Cloud Service Market currently and will have an impact on it have been assessed and propounded in the Customized Cloud Service Market research status and development trends reviewed in the new report. The new tactics of Customized
Public Cloud Market (Cloud Billing, Cloud Access Security, Cloud Communication P …
Overview The report on the global Public Cloud market is a product of extensive research conducted by a team of industry professionals. The report discusses briefly various products or services in the market and their applications. The report provides information on the latest technologies that are used in production, manufacturing, etc in order to improve efficiency and effectiveness. The report segments the market into various categories, in order to simplify the
Cloud Service Consultants, Cloud Consulting Service, Enterprise Cloud Management …
Overview Ken Research is dedicated towards unraveling multipart encounters within each stage of Data Center Lifespan such as Volume Planning, Scalability Issues, Uptime, Performance Conservation and Cost. Whether you are considering improving, forming, buying, leasing or revolutionizing your prevalent data center, Ken Research can maintenance you on every aspect by smoothing you partner with Vendors who have enormous understanding in the comparable Service Offering. However, the data centers are an influential component
Cloud Computing for Business Operations Market 2019 By Amazon Web Services, Micr …
Cloud computing is a internet-based computing where central remote servers maintain all the data and applications. Cloud computing allow business operators to rent physical infrastructure from a third party provider(cloud service provider). Cloud Computing for Business Operations Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as
Global Cloud Computing for Business Operations Market, Top key players are Amazo …
Global Cloud Computing for Business Operations Market Size, Status and Forecast 2019-2025 Cloud computing is a internet-based computing where central remote servers maintain all the data and applications. Cloud computing allow business operators to rent physical infrastructure from a third party provider (cloud service provider). In 2018, the global Cloud Computing for Business Operations market size was xx million US$ and it is expected to reach xx million US$ by the
Top 10 Cloud Technology Market (Hybrid Cloud, Cloud Storage, Cloud Migration, Cl …
“Top 10 Cloud Technology Market (Hybrid Cloud, Cloud Storage, Cloud Migration, Cloud Orchestration, Integration Platform As-A-Service, Disaster Recovery As-A-Service, Multi Cloud Management, Video-As-A Service, Cloud Analytics, and Wi-Fi-As-A-Service)”, Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. “Rising demand for business agility and the need for lower CAPEX and OPEX driving the growth of the cloud migration services market” The migration to cloud enables the organizations and businesses to move their computing assets