Cloud Backup and Recovery Market: A Comprehensive Study on Global Size, Share, Growth, and Key Players Forecasted to Reach USD 34.75 Billion by 2030, at a CAGR of Nearly 24.2%

Cloud backup and recovery refers to the process of backing up data and applications to a remote cloud-based storage system, and then recovering them in the event of a disaster, such as a natural disaster, cyberattack, or hardware failure. This is typically done using a cloud-based backup service or solution that is managed by a third-party provider.

The Global Cloud Backup and Recovery Market is projected to grow from USD 10.93 billion in 2021 to USD 34.75 billion by 2030 at a CAGR of 24.2% during the forecast period.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭@ https://www.extrapolate.com/sample/Information-Technology-Communication-IoT/cloud-backup-and-recovery-market/25780

𝐓𝐡𝐞 𝐠𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐥𝐨𝐮𝐝 𝐁𝐚𝐜𝐤𝐮𝐩 𝐚𝐧𝐝 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐢𝐧𝐟𝐥𝐮𝐞𝐧𝐜𝐞𝐝 𝐛𝐲 𝐯𝐚𝐫𝐢𝐨𝐮𝐬 𝐟𝐚𝐜𝐭𝐨𝐫𝐬, 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠:

Increasing amount of data: With the increasing use of digital technologies and the internet, businesses are generating more data than ever before. This has led to a growing need for reliable and scalable backup and recovery solutions.

Rise in cyber threats: Cybersecurity threats such as malware, ransomware, and phishing attacks have become increasingly prevalent, leading to a greater need for robust backup and recovery solutions to protect against data loss.

Cost savings: Cloud backup and recovery solutions are often more cost-effective than traditional on-premise backup solutions, as they eliminate the need for expensive hardware and maintenance costs.

𝐓𝐡𝐞 𝐂𝐥𝐨𝐮𝐝 𝐁𝐚𝐜𝐤𝐮𝐩 𝐚𝐧𝐝 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐡𝐢𝐠𝐡𝐥𝐲 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞, 𝐰𝐢𝐭𝐡 𝐬𝐞𝐯𝐞𝐫𝐚𝐥 𝐦𝐚𝐣𝐨𝐫 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲. 𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐥𝐞𝐚𝐝𝐢𝐧𝐠 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:

• Amazon Web Services (AWS): AWS is a cloud computing platform that provides a wide range of backup and recovery services, including AWS Backup, AWS Storage Gateway, and AWS CloudEndure.

• Microsoft Corporation: Microsoft offers several cloud backup and recovery solutions through its Azure cloud platform, including Azure Backup, Azure Site Recovery, and Azure Blob Storage.

• IBM Corporation: IBM provides a variety of cloud-based backup and recovery solutions, including IBM Spectrum Protect Plus, IBM Cloud Backup, and IBM Resiliency Orchestration.

• Veeam Software: Veeam recovery solutions for virtual, physical, and cloud-based workloads. Their solutions include Veeam Backup & Replication, Veeam Cloud Connect, and Veeam Backup for Microsoft Office 365.

• Dell Technologies: Dell Technologies offers a variety of cloud-based backup and recovery solutions, including Dell EMC Avamar, Dell EMC Networker, and Dell EMC Cloud Disaster Recovery.

• Commvault Systems: Commvault provides backup and recovery solutions for both on-premise and cloud-based environments, including Commvault Complete Backup & Recovery, Commvault HyperScale, and Commvault Orchestrate.

Overall, the cloud backup and recovery market is expected to continue to grow as more businesses move their data and applications to the cloud and demand for reliable and scalable backup and recovery solutions increases.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐬 𝐖𝐢𝐭𝐡 𝐓𝐎𝐂@ https://www.extrapolate.com/Information-Technology-Communication-IoT/cloud-backup-and-recovery-market/25780

𝐓𝐡𝐞 𝐂𝐥𝐨𝐮𝐝 𝐁𝐚𝐜𝐤𝐮𝐩 𝐚𝐧𝐝 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐡𝐚𝐬 𝐬𝐞𝐞𝐧 𝐬𝐞𝐯𝐞𝐫𝐚𝐥 𝐭𝐫𝐞𝐧𝐝𝐬 𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐩𝐚𝐬𝐭 𝐟𝐞𝐰 𝐲𝐞𝐚𝐫𝐬, 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠:

Increasing adoption of cloud-native backup solutions: As more businesses move their data and applications to the cloud, there is a growing demand for cloud-native backup and recovery solutions that are designed specifically for cloud-based environments.

Focus on data protection and compliance: With the increasing prevalence of cyber threats and data breaches, businesses are placing greater emphasis on data protection and compliance. Cloud backup and recovery solutions that offer robust security features and comply with industry regulations are becoming increasingly popular.

Shift towards hybrid cloud backup solutions: Many businesses are adopting a hybrid cloud approach, combining public cloud and private cloud infrastructure to achieve greater flexibility and cost savings. As a result, there is a growing demand for backup and recovery solutions that can work seamlessly across both cloud environments.

𝐓𝐡𝐞 𝐂𝐥𝐨𝐮𝐝 𝐁𝐚𝐜𝐤𝐮𝐩 𝐚𝐧𝐝 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐜𝐚𝐧 𝐛𝐞 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐢𝐧𝐭𝐨 𝐬𝐞𝐯𝐞𝐫𝐚𝐥 𝐜𝐚𝐭𝐞𝐠𝐨𝐫𝐢𝐞𝐬, 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠:

𝐁𝐲 𝐃𝐞𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭 𝐌𝐨𝐝𝐞𝐥
-Private
-Public
-Hybrid

𝐁𝐲 𝐔𝐬𝐞𝐫 𝐓𝐲𝐩𝐞
-Large Enterprises
-Small & Medium Enterprises

𝐁𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐕𝐞𝐫𝐭𝐢𝐜𝐚𝐥
-BFSI
-Government
-Healthcare
-Telecom & IT
-Retail
-Manufacturing
-Others

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐑𝐞𝐩𝐨𝐫𝐭@ https://www.extrapolate.com/toc/Information-Technology-Communication-IoT/cloud-backup-and-recovery-market/25780

𝐓𝐡𝐞 𝐂𝐥𝐨𝐮𝐝 𝐁𝐚𝐜𝐤𝐮𝐩 𝐚𝐧𝐝 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐢𝐧𝐭𝐨 𝐬𝐞𝐯𝐞𝐫𝐚𝐥 𝐫𝐞𝐠𝐢𝐨𝐧𝐬, 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠:

North America: The North American market for cloud backup and recovery solutions is currently the largest in the world, driven by the increasing adoption of cloud technologies, the high demand for data protection, and the presence of several leading cloud service providers in the region.

Europe: Europe is a significant market for cloud backup and recovery solutions, with a growing adoption of cloud technologies and an increasing need for data protection and compliance. The region is also home to several major cloud service providers, driving growth in the market.

Asia-Pacific: The Asia-Pacific region is expected to be the fastest-growing market for cloud backup and recovery solutions, driven by the increasing adoption of cloud technologies, the rise in cyber threats, and the growing demand for cost-effective and scalable backup solutions.

𝐓𝐀𝐁𝐋𝐄 𝐎𝐅 𝐂𝐎𝐍𝐓𝐄𝐍𝐓𝐒:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Cloud Backup and Recovery Market
Chapter 5. Global Cloud Backup and Recovery Market Overview, By Deployment Model, 2017 - 2030(USD Million)
Chapter 6. Global Cloud Backup and Recovery Market Overview, By User Type, 2017 - 2030(USD Million)
Chapter 7. Global Cloud Backup and Recovery Market Overview, By Industry Vertical, 2017 - 2030(USD Million)
Chapter 8. Global Cloud Backup and Recovery Market Overview, By Geography, 2017 - 2030(USD Million)
Chapter 9. North America Cloud Backup and Recovery Market Overview, By Countries, 2017 - 2030(USD Million)
Chapter 10. Europe Cloud Backup and Recovery Market Overview, By Countries, 2017 - 2030(USD Million)
…Continued

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:
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