Press release
Purpose-Built Backup Appliance (PBBA) Market Demand Key Growth Opportunities. Development and Forecasts to 2017-2032
Purpose-Built Backup Appliance (PBBA) Market was valued at US$ 7.28 Bn. in 2021 and is expected to reach US$ 13.52 Bn. during forecast period. Purpose Built Backup Appliance Market size is expected to grow at a CAGR of 9.25 % through the forecast period.A purpose-built backup appliance is a standalone disk-based storage system that is designed and optimised for storing backup data (PBBA). Such a device may be an integrated backup appliance, in which case the backup software is tightly linked with the hardware, or it may be the recipient of data from a backup programme. Since a PBBA is primarily used as a storage device for backup data, it frequently includes features like deduplication, compression, encryption, automatic setup and maintenance, and redundant hardware components.
The workloads associated with backups are handled entirely independently of other servers by an appliance created specifically for backups. Since it is a separate device dedicated solely to certain workloads, it does not demand resources from devices managing active storage or apps.
Market Dynamics:
Strict laws and regulations governing data security and protection, an increase in IoT usage to build the backup appliance market, and greater enterprise awareness of and focus on infrastructure for data protection and recovery are some of the major drivers propelling the market's expansion.
Dell is the world's largest privately held provider of information technology (US). Dell purchased EMC (US), a market leader in storage infrastructure and integrated technologies. The acquisition makes an effort to address the issues the companies are having as a result of evolving server and storage technology. Dell wants to grow its company in using the expertise and enlarged portfolio of EMC, which includes premium flash storage, converged systems, cloud infrastructure, as well as enterprise backup technologies including purpose-built backup appliances.
For its foreign customers, Veritas (US) develops and offers software-defined storage, backup and recovery, business continuity, and information governance products. Software-defined storage, an open stack infrastructure, the cloud, backup and recovery, business continuity, information management, data management, information governance, and data privacy are the company's main areas of interest. Data insight provides companies with the knowledge they need to maintain organisational accountability for file use and security through unstructured data analytics, tracking, and reporting. Data insight combines archiving and security technologies in order to prevent data loss and ensure policy-based data retention. The organisation has a large selection of products available on the market. The majority of Veritas Technologies' clients are based in the Americas, Asia Pacific, Europe, and Africa, although the company has a significant global presence.
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Global Purpose-built Backup Appliance (PBBA) Market: Major Players
• Dell Inc.
• Oracle Corporation
• CommVault Systems, Inc.
• Arcserve LLC
• Barracuda Network Inc.
• Hewlett Packard Enterprise Development LP
• Hitachi Vantara Corporation
• Symantec Corporation
• Veritas Technologies LLC
• Quantum Corporation
• NetApp, Inc.
• Fujitsu Limited
• IBM Corporation
Global Purpose-built Backup Appliance (PBBA) Market: By Types
• Open
• Mainframe
Global Purpose-built Backup Appliance (PBBA) Market: By Applications
• Telecom and IT
• Manufacturing
• BFSI
• Healthcare
• Retail
• Media and Entertainment
• Government
• Others
Global Purpose-built Backup Appliance (PBBA) Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Purpose-built Backup Appliance (PBBA) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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• The competitive environment includes the proportions of important players, recent innovations, and strategy.
• Companies with extensive product offerings, pertinent financial data, recent advancements, SWOT analyses, and player tactics.
• Quantitative, qualitative, value (in USD million), and volume (in units million) data are among the segments and sub-segments.
• The research contains a wealth of data, including market dynamics and opportunities throughout the forecast period.
• Data at the regional, sub-regional, and national levels also provides information on the market's supply and demand dynamics.
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