Press release
Enhanced On Premises Object Storage Solutions Reshape Data Backup Strategies Trend: A Crucial Influence on the Purpose Built Backup Appliance (PBBA) Market's Transformation in 2025
Purpose Built Backup Appliance (PBBA) Analysis
In the past few years, the market size of the purpose-built backup appliance (PBBA) has seen rapid enlargement. The market, which is expected to increase from $7.91 billion in 2024 to $8.71 billion in 2025, has a compound annual growth rate (CAGR) of 10.2%. The robust growth in the previous period can be credited to factors such as enhanced data generation, growth in regulatory compliance needs, heightened awareness about data protection, expansion in hyper-converged infrastructure, and escalated use of advanced encryption.
The market size of the purpose built backup appliance (PBBA) is predicted to experience significant expansion in the coming years, with an estimated valuation of $12.68 billion in 2029 at a compound annual growth rate (CAGR) of 9.8%. Factors contributing to the growth during the forecasted timeframe are escalating data volumes, emerging cyber security risks, the growing trend of remote work, increased application of virtualisation technologies, and a surge in demand for high-availability solutions. Key trends to watch in this forecast period encompass technological advances, the incorporation of cloud-integrated backup solutions, the rise of artificial intelligence, association with virtualization platforms, and the merging of hybrid cloud models.
What Are the Primary Growth Drivers for the Purpose Built Backup Appliance (PBBA) Market?
The rise in data security threats is anticipated to spur the expansion of the purpose-built backup appliance (PBBA) market. This involves various risks and susceptibilities that can jeopardize the secrecy, integrity, and accessibility of sensitive data, emerging from an enlarged attack surface, advanced malware, cyber-attacks, spread of ransomware, supply chain vulnerabilities, and economic incentives. Purpose-built backup appliances (PBBAs) augment data security by providing trustworthy backup and recovery procedures, safeguarding organizations from different data security threats. For instance, the Federal Bureau of Investigation reported in March 2023, that investment fraud in the US escalated from $1.45 billion in 2021 to $3.31 billion in 2022. Hence, the rising data security threats are fuelling the growth of the purpose-built backup appliance (PBBA) market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=17237&type=smp
Which Leading Companies Are Shaping the Growth of the Purpose Built Backup Appliance (PBBA) Market?
Major companies operating in the purpose built backup appliance (PBBA) market are Dell EMC, Hitachi Vantara LLC, International Business Machines Corporation, Oracle Corporation, Hewlett Packard Enterprise, Fujitsu Limited, NetApp Inc., Veritas Technologies LLC, Zones LLC, Barracuda Networks Inc., Cohesity Inc., International Data Corporation, Acronis International GmbH, Quantum Corporation, TechTarget Inc., Arcserve LLC, Unitrends Inc., ExaGrid Systems Inc., Axcient Inc., Asigra Inc., STORServer Inc., Data & Storage ASEAN, Commvault Systems Inc., Tenaya Capital, Blocks & Files
What Are the Major Trends Shaping the Purpose Built Backup Appliance (PBBA) Market?
Leading firms in the purpose-built backup appliance (PBBA) marketplace are focusing on the creation of groundbreaking solutions to improve the efficiency and scalability of data storage, including on-site object storage solutions. On-site object storage entails storing data in the form of objects in a specialized local setting, resulting in scalable and effective data management within a company's infrastructure. For example, Veeam Software Holding Inc., an American IT company, released Object First in June 2022, a solution providing on-premise object storage for Veeam backup. This device, which connects through Amazon's S3 protocol and is locally owned, provides features such as immutability, immediate recovery, and security. It seamlessly integrates with Veeam Backup and Recovery release 12 (VBR12), allowing backups to be stored unalterably in less than 15 minutes. The technology it uses is akin to AWS S3 Object Lock for immutability, and it can be configured for up to 999 days.
What Are the Key Segments of the Purpose Built Backup Appliance (PBBA) Market?
The purpose built backup appliance (PBBA) market covered in this report is segmented -
1) By Component: Purpose Built Backup Appliance Hardware, Purpose Built Backup Appliance Software, Purpose Built Backup Appliance Services
2) By System: Integrated Backup Appliance, Target Systems Backup Appliance, Open System Backup Appliance, Mainframe Purpose Built Backup System
3) By Deployment: Cloud Purpose Built Backup Appliances, On-Premise Purpose Built Backup Appliances
4) By Enterprise Size: Small And Medium Enterprises (SMEs), Large Enterprises
5) By Industry Vertical: Banking, Financial, Services and Insurance (BFSI), Telecom And Information Technology, Government, Healthcare, Education, Manufacturing, Travel And Hospitality, Energy And Utility, Other Industry Verticals
Subsegments:
1) By Purpose Built Backup Appliance Hardware: Disk-Based Backup Appliances, Tape-Based Backup Appliances, Integrated Backup Systems, Standalone Backup Appliances
2) By Purpose Built Backup Appliance Software: Backup and Recovery Software, Data Deduplication Software, Replication Software, Encryption and Security Software, Monitoring and Management Software
3) By Purpose Built Backup Appliance Services: Installation and Integration Services, Maintenance and Support Services, Managed Backup Services, Consulting and Training Services, Cloud Integration Services
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/purpose-built-backup-appliance-pbba-global-market-report
Which Region Dominates the Purpose Built Backup Appliance (PBBA) Market?
North America was the largest region in the purpose-built backup appliance (PBBA) market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the purpose built backup appliance (PBBA) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Purpose Built Backup Appliance (PBBA) Global Market Report?
- Market Size Analysis: Analyze the Purpose Built Backup Appliance (PBBA) Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Purpose Built Backup Appliance (PBBA) Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Purpose Built Backup Appliance (PBBA) Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Purpose Built Backup Appliance (PBBA) Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=17237
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Enhanced On Premises Object Storage Solutions Reshape Data Backup Strategies Trend: A Crucial Influence on the Purpose Built Backup Appliance (PBBA) Market's Transformation in 2025 here
News-ID: 3864804 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Backup
BDRSuite partners with Backup Garantido to Offer Reliable Backup Solution in Bra …
BDRSuite, a leading Backup and Disaster Recovery software provider, has partnered with Backup Garantido, and this partnership will focus on reaching out to a wide variety of businesses in Brazil for their Backup and Disaster Recovery needs.
Backup Garantido has been providing security, SaaS, and disaster recovery services for more than a decade. With BDRSuite, Backup Garantido can now provide its customers a complete Backup and DR solution that caters…
Growth in Backup Requirements of Enterprises Dominating Cloud Backup & Recovery …
Recovery and cloud backup play a vital role in business continuity strategy. The adoption of cloud backup provides additional benefits such as cost saving, and security, storage, and virtualization of the data. Cloud storage solutions provide infrastructure and application support to enterprises at a lower cost than on-premises storage solutions.
The Cloud Backup & Recovery Software Market is driven by the need for companies to reduce their IT expenditure, increase in…
Ashampoo® Backup Pro 12 – Intelligent backup mechanism for uninterrupted work
With Backup Pro 12, German software developer Ashampoo® released their easy to use yet powerful backup solution. Saving, rescuing or restoring even bootable system disks is now easier than ever before and viruses, ransomware or total system failures just lost their terror. For the first time, Ashampoo® Backup Pro 12 now covers all aspects of data backups in a single program. While the handy hard disk checker is light on…
VM Backup made simple – Archiware announces virtual backup product
Archiware GmbH, manufacturer of data management software, releases the public beta version of VMware® backup product Archiware Pure. Going on sale this summer, Archiware Pure completes Archiware’s portfolio of easy-to-use software solutions for end-to-end data protection.
Munich, February 14th, 2017 - Virtualization is a well-established, rapidly growing and future-proof technology. Today’s virtual setups require a secure and simple backup solution. Archiware’s cutting-edge new product Archiware Pure empowers small and medium-sized businesses…
Handy Backup Enhances Windows Backup Functionality with Windows 8 Compatibility
Alliance, Ohio, April 24, 2012 – Novosoft, an acclaimed developer of data protection software solutions for Windows and Linux, reported the first round of tests for Windows 8 compatibility with the Handy Backup software to be successfully run. All major Windows backup options, like Windows 8 disk imaging or backup to the cloud, are claimed to be fully delivered by Handy Backup for the OS edition available for pre-release usage…
Fast Backup and Advanced Differential Data Copying in New Handy Backup Utility
Alliance, Ohio, April 17, 2012 - Novosoft, a global manufacturer of software utilities for hard drive security, announced the innovative release of a recent Handy Backup tool version. The recent program will provide high-speed backup options strictly oriented to meaningful administration of big data (both multiple files at a time and large files). The high-speed backup features are claimed to show the tool niche's record-breaking results, particularly for differential backup.…
