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Purpose-built Backup Appliance (PBBA) Market - The Increasing Focus of Enterprises On Data Protection and Recovery Infrastructure
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Purpose-built backup appliance (PBBA) is a complete backup and recovery solution that includes software solutions such as file systems, disk systems, and object storage. Purpose-built backup appliance (PBBA) solutions are specifically designed for enterprises to protect enterprise data for backup and recovery. Moreover, these solutions are used to store and protect enterprise information in data centers or on hosted storage systems.
The global market for purpose-built backup appliance (PBBA) has been segmented on the basis of system, component, enterprise size, industry vertical, and region. Based on system, the market is segmented into open and mainframe. In terms of component, the PBBA market is bifurcated into product type, software, and professional services. The product type component is further divided into virtual appliances and physical appliances. Professional services are sub-segmented into installation and integration, and support and maintenance. In terms of enterprise size, the market has been fragmented into small & medium enterprises (SMEs) and large enterprises.
Large enterprises segment is estimated to account for the largest market share due to rise in adoption of purpose-built backup appliances in large enterprises for storage purposes. The market has been segmented based on industry vertical into BFSI (Banking, Financial Services and Insurance), telecom and IT, government, healthcare, education, manufacturing, travel and hospitality, energy and utility, and others (retail, media and entertainment etc.).
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Geographically, the global purpose-built backup appliance (PBBA) market has been divided into North America, Asia Pacific, Europe, South America, and Middle East & Africa. North America dominates the global purpose-built backup appliance (PBBA) market. This is due to enterprises in this region adopting purpose built backup solutionsas it provides better protection storage and protection software. The market in Europe is expected to expand at a rapid rate due to government rules and regulations about data protection and data security such as GDPR (General Data Protection Regulation). The Asia Pacific region is expected to register the highest growth dueto increase in awareness among enterprises about data protection, backup, and recovery. Markets in Middle East & Africa and South Africa are anticipated to grow at a slow rate.
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
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