Virtual Machine Backup & Recovery Market | Growth Factors, Regional Analysis and Key Players by 2030

The high importance of virtual machine backup or virtual server backup and recovery performed by storage and backup administrators and the increasing requirement of prevent environmental loss are the major factors driving the agentless virtual machine backup and recovery market. The high generation of data from small, medium, and large enterprises globally, rise in network security threats and cyber-attacks, and sharing of massive amount of data in an external and internal environment are making companies vulnerable to cybercrime accelerate the agentless market growth.

With the emergence of smart operational technologies, there is growing trend of digitalization as companies are adopting digitized information and rising investment for the adoption of the industrial internet of things (IIoT) solutions to influence the agentless virtual machine backup and recovery market. Additionally, cloud-based services, complexity of information and penetration of third-party data, rise in the cyber safety, and complexity of information positively affect the agentless virtual machine backup and recovery market. Furthermore, growing need for cyber safety system extends profitable opportunities to the agentless virtual machine backup and recovery market players during the forecast period.

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However, the high competition from open-source alternatives is expected to obstruct the agentless virtual machine backup and recovery virtual machine backup & recovery market growth. Rise in concerns regarding the efficiency of virtual machines as compared to real machines is projected to challenge the agentless virtual machine backup and recovery virtual machine backup & recovery market during the forecast period.

Major industry players - Veeam Software, Veritas, VMware, Inc, Microsoft, Commvault, Acronis International GmbH, IBM Corporation, Vembu Technologies, RACKSPACE TECHNOLOGY, Quest Software Inc., MSP360, Micro Focus, Storix, Inc., Cisco, NetJapan Inc., Vembu Technologies, Actifio Inc., Amazon Web Services, Inc.

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COVID-19 scenario analysis:

1. The COVID-19 outbreak has been the main catalyst for the rise in adoption of virtual machine backup and recovery. Enterprises, organizations, and governments are currently focusing on securing data from cyber-attacks across the globe.

2. The pandemic outbreak is likely to pose a huge risk of data escape from third-parties. Governments across the world have ramped up measures to adopt virtual machine backup and recovery platforms to swiftly respond to the COVID-19 crisis. This is expected to propel the demand for virtual machine backup and recovery among government agencies to ensure data privacy in response to increase in cyber espionage and fraudulent activities.

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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.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. 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.

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