Cloud Backup Market Size, Share & Trends Analysis By Type, By Deployment, By Enterprise Size, And Segment Forecasts, 2020 – 2025

Cloud backup is a kind of service through which cloud computing resources and infrastructure are used to create, manage and restore data, services or application backup. This is remotely done over the internet. Also called online backup or remote backup, the Cloud backup market size is expected to spiral upwards between 2018 and 2025, with a CAGR of 23.4 percent, eventually reaching 6.82 billion U.S. dollars by 2025.

Cloud computing has introduced several services and solutions that enables a user to access data remotely and has driven the demand for the global cloud backup market. This phenomenon has led the information and technology domain to grow rapidly and facilitates it with a key feature of backing up the data and keeping it safe in terms of cybersecurity. This feature is known as cloud backup that has helped IT executives globally to store private and confidential data and other databases in a single cloud-based service that can have more than a single user. Organizations use its own backup software to create the data copy to send to the cloud storage service. The cloud storage service further provides the destination and safekeeping for the data, but it does not specifically provide a backup application.

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With increasing data storage at large enterprises, the demand for cloud-based services is increasing as it provides lower costs and greater efficiency. This is one of the key reasons that has been driving the global cloud backup market. Apart from this, issues related to compliances for various applications might hinder the overall growth rate of the global cloud backup market. A recent survey conducted across organizations on global Cloud backup revealed the key drivers, market developments, challenges that industry and the players in the competitive landscape are facing and other quantitative and qualitative outcomes influencing the growth of this industry. The report aims to provide market intelligence and enable decision makers take sound investment judgements. The report evaluates the Global Cloud Backup Market by provider, deployment Model, component, vertical and geographic scope.

Market Analysis by Players: This report includes following top vendors in terms of company basic information, product category, sales (volume), revenue (Million USD), price and gross margin (%).
Acronis International GmbH
Asigra Inc.
Barracuda Networks, Inc
Carbonite, Inc.
Code42 Software, Inc.
Datto, Inc.
Druva Software
Efolder, Inc.
International Business Machines Corporation
Iron Mountain Incorporated
Microsoft Corporation
Veeam Software

Market Segmentation

The global Cloud Backup market is broadly classified into Type, vertical and Application.

By Type, the market is segmented into Public Cloud, Private Cloud and Hybrid Cloud.

The market by vertical is segmented into Telecommunication and IT, Education, Government and Public Sector, Manufacturing, Banking & Financial Institutions, Customer Goods and Retail, Healthcare, Transportation & Logistics and others

By Application, the market is divided into Small and Medium-Sized Enterprises and Large Enterprises. Each application is analysed in terms of sales and market share (%), revenue (Million USD), price, gross margin and more similar information.

Regional Analysis

Regionally, the market spans across North America, Europe, South America, Asia-Pacific, Middle East, and Africa.

Under the Market Analysis section by regions, each geographical region is analysed on Sales, Market Share (%) by Types & Applications, Production, Consumption, Imports & Exports Analysis, and Consumption Forecast.

Industry Analysis

Shared responsibility in cloud security is an issue and according to a new report from backup and disaster recovery managed services provider (MSP) 4sl, enterprises are risking data disaster by not fully exploring backup time frames.

NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Table of Content

1 Cloud Backup Market Overview

2 Global Cloud Backup Competitions by Players

3 Global Cloud Backup Competitions by Types

4 Global Cloud Backup Competitions by Applications

5 Global Cloud Backup Production Market Analysis by Regions

6 Global Cloud Backup Sales Market Analysis by Region

7 Imports and Exports Market Analysis

8 Global Cloud Backup Players Profiles and Sales Data

9 Cloud Backup Upstream and Downstream Analysis

10 Global Cloud Backup Market Forecast (2019-2025)

11 Research Findings and Conclusion

……Continued

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This release was published on openPR.