Press release
Data Backup and Recovery Market to grow at a CAGR of 10.3 percent during the forecast period, Technological Advancements and Regional Insights
Pune, 30, March, 2023: The total market opportunity for Data Backup and Recovery was USD 10.61 Bn in 2021 and is expected to grow at 10.3 percent CAGR through the forecast period to reach USD 23.24 Bn by 2029. Maximize Market research, an Information Technology & Telecommunication business research firm has published a report on the "Data Backup and Recovery Market", which is a combination of primary and secondary data.Data Backup and Recovery Market Report Scope and Research Methodology
The report provides a detailed analysis of the Data Backup and Recovery Market size, share and recent developments. The market research was conducted by dividing the market into three major segments: Component, Service and Vertical. These main segments of the market were further divided into various sub-segments which helped to understand the Data Backup and Recovery industry in detail. An in-depth analysis of drivers, restraints, opportunities and challenges has been provided segment-wise and region-wise in the Data Backup and Recovery Market report. SWOT analysis was employed to provide the strengths and weaknesses of the key players in the Data Backup and Recovery industry. The report also includes mergers, acquisitions, joint ventures, financial position and global presence of the key players, which helps to understand competition in the market. The bottom-up approach was used to estimate the regional and global Data Backup and Recovery Market size.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/global-data-backup-and-recovery-market/875/
Data Backup and Recovery Market Dynamics
The increasing adoption of cloud data backup, the rising trend for digitalization and the increasing risks of data breaches are the main factors that are expected to drive the Data Backup and Recovery Market growth during the forecast period. The increasing adoption of smartphones and the internet is majorly driving market growth. The lack of technical expertise is the restraining factor for the Data Backup and Recovery market.
Data Backup and Recovery Market Regional Insights
During the forecast period, the North America region is expected to dominate the global Data Backup and Recovery Market. The increasing adoption of data backup and recovery solutions in expected to influence the growth of the market in the region.
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Data Backup and Recovery Market Segmentation
By Component
Software
Services
By Service
Professional Services
Managed Services
By Vertical
BFSI
IT and Telecommunications
Retail
Government and Public Sector
Healthcare
Media and Entertainment
Manufacturing
Others
Data Backup and Recovery Market Key Competitors include:
NetApp, Inc.
Rackspace, Inc.
Veritas Technologies LLC
CommVault Systems Inc.
Acronis International GmbH
Carbonite Inc.
Actifio
Unitrends
Asigra
Redstor Limited
Veeam
Rubrik
Dell Technologies
Cohesity
IBM
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Table of Content for Data Backup and Recovery Market
Global Data Backup and Recovery Market: Research Methodology
Global Data Backup and Recovery Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Data Backup and Recovery Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Data Backup and Recovery Market Segmentation
Global Market, by Component (2021-2029)
Global Market, by Service (2021-2029)
Global Market, by Vertical (2021-2029)
Regional Data Backup and Recovery Market (2021-2029)
Regional Market, by Component (2021-2029)
Regional Market, by Service (2021-2029)
Regional Market, by Vertical (2021-2029)
Regional Market, by Country (2021-2029)
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Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Component, Service, Vertical and Region
Competitive Landscape - Profiles of selected key players by region in a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:
Warehouse Automation System Market: Global Industry Analysis and Forecast (2021-2029) Trends, Statistics, Dynamics, Segmentation by Type, End-Use, and Region - Know More
https://www.maximizemarketresearch.com/market-report/warehouse-automation-system-market/167432/
Data Backup and Recovery Market: Global Overview and Forecast (2022-2029) - Know More
https://www.maximizemarketresearch.com/market-report/global-data-backup-and-recovery-market/875/
Data Analytics Outsourcing Market - Global Industry Analysis and Forecast (2022-2029) - Know More
https://www.maximizemarketresearch.com/market-report/global-data-analytics-outsourcing-market/19873/
Data Privacy Software Market: Global Industry Analysis and Forecast (2022-2029) - Know More
https://www.maximizemarketresearch.com/market-report/data-privacy-software-market/145730/
Alternative Data Market: Industry Analysis and Forecast (2022-2029) - Know More
https://www.maximizemarketresearch.com/market-report/alternative-data-market/121998/
Subscriber Data Management Market: Global Industry Analysis and Forecast (2022-2029) - Know More
https://www.maximizemarketresearch.com/market-report/subscriber-data-management-market/122705/
Scientific Data Management System Market - Global Industry Analysis and Forecast (2022-2029) - Know More
https://www.maximizemarketresearch.com/market-report/global-scientific-data-management-system-market/117352/
Data Center Liquid Immersion Cooling Market: Global Industry Analysis and Forecast (2022-2029) - Know More
https://www.maximizemarketresearch.com/market-report/global-data-center-liquid-immersion-cooling/107348/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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