Worldwide Purpose-Built Backup Appliance (PBBA) Market 2019: Trending Aspects with Growing Business Application and Top Companies: Oracle Corporation, Hewlett Packard Enterprise Development LP |Global Outlook till 2025

The Global Purpose-Built Backup Appliance (PBBA) Market was valued at USD XX million in 2017, and is expected to grow at a CAGR of over 9% by 2025. The market is growing due to increasing demand for data security and recovery systems. Various regulatory compliances implemented by governments for data protections is also anticipated to boost the market towards further growth. The demand is primarily observed in North America and Europe.

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Increasing technological penetration around the globe is one of the key drivers of Purpose-Built Backup Appliance (PBBA) market. Competitors are increasingly focusing on shielding the organizations from network security breaches. Key players are tapping newer markets such as China and India in order to establish their businesses. This is projected to be a major driving factor resulting into the adoption of Purpose-Built Backup Appliance (PBBA). The industry is anticipated to expand at a high CAGR during the forecast period from 2018 to 2025. The global Purpose-Built Backup Appliance (PBBA) Market has been segmented based on component, end use, and region.

Regionally, the market is segmented into North America, Middle East and Africa, South America, Asia Pacific and Europe. Out of which, North America is expected to lead the global Purpose-Built Backup Appliance (PBBA) Market during forecast period owing to high consumption rate. Asia Pacific is anticipated to showcase highest growth rate from 2018 to 2025.

Some of the key players operating in this market include Dell Inc., IBM Corporation, Oracle Corporation, Hewlett Packard Enterprise Development LP, and Others.

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Reasons for Buying This Global Purpose-Built Backup Appliance (PBBA) Market Report

• It provides a forward-looking perspective on different factors driving market growth.
• It provides a year up to 2025 forecast assessed on the basis of how the market is predicted to grow.
• It helps in understanding the key product segments and their future.
• It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors.
• It helps in making informed business decisions by having complete insights of market and by making an in-depth analysis of market segments.
• To understand the most affecting driving and restraining forces in the market and its impact on the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the outlook and prospects for this market.

Target Audience:

• Purpose-Built Backup Appliance (PBBA) Market providers
• Research and consulting firms
• Government and research organizations
• Associations and industry bodies

Key Benefits of the Report:

• Global, Regional, Country, Component, and End use Market Size and Forecast from 2014-2025
• Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
• Identification of key companies that can influence this market on a global and regional scale
• Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
• Detailed insights on emerging regions, End use & Component, and competitive landscape with qualitative and quantitative information and facts

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Research Methodology

The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.

For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics, spending were taken into consideration.

We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
• Distributors,
• Government Body & Associations, and
• Research Institute

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