Press release
Key Trends Shaping the Future Purpose Built Backup Appliance (PBBA) Market From 2025-2034: Enhanced On Premises Object Storage Solutions Reshape Data Backup Strategies
Purpose Built Backup Appliance (PBBA)
The growth of the purpose-built backup appliance (PBBA) market is expected to be fueled by the increasing threats to data security. Data security threats, such as sophisticated malware, ransomware, and supply chain vulnerabilities, are on the rise, which has expanded the attack surface for organizations. PBBAs enhance data security by offering reliable backup and recovery, mitigating the impact of these risks. For instance, in March 2023, the Federal Bureau of Investigation reported that investment fraud in the US rose from $1.45 billion in 2021 to $3.31 billion in 2022. As a result, the growing data security concerns are driving PBBA market growth.
Get Your Purpose Built Backup Appliance (PBBA) Market Report Here:
https://www.thebusinessresearchcompany.com/report/purpose-built-backup-appliance-pbba-global-market-report
What Is the projected market size and growth rate for the purpose built backup appliance (pbba) market?
The purpose-built backup appliance (PBBA) market is expected to grow from $7.91 billion in 2024 to $8.71 billion in 2025, at a CAGR of 10.2%. Factors contributing to this growth include increased data generation, rising regulatory compliance demands, growing awareness of data protection, and the use of hyper-converged infrastructure.
The purpose-built backup appliance (PBBA) market is expected to grow to $12.68 billion by 2029 at a CAGR of 9.8%. Growth is attributed to increasing data volumes, cybersecurity threats, remote work, and rising virtualization usage. Key trends include cloud-integrated backup solutions, AI, and hybrid cloud models.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=17237&type=smp
What new trends are reshaping the purpose built backup appliance (pbba) market and its opportunities?
Major companies in the purpose-built backup appliance (PBBA) market are developing solutions such as on-premises object storage to improve data storage efficiency and scalability. On-premises object storage enables organizations to manage data as objects in a local environment for better scalability. For instance, in June 2022, Veeam Software Holding Inc., a US-based IT company, launched Object First, an on-premises object storage device for Veeam backup. It offers immutability, instant recovery, and security features, and integrates with Veeam Backup and Recovery release 12 (VBR12), enabling immutable backups in less than 15 minutes.
What major market segments define the scope and growth 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
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=17237
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.
Which key market leaders are driving the purpose built backup appliance (pbba) industry growth?
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
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=17237&type=smp
What Is Covered In The Purpose Built Backup Appliance (PBBA) Global Market Report?
•Market Size Forecast: Examine the purpose built backup appliance (pbba) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the purpose built backup appliance (pbba) market for a structured understanding.
•Key Players Overview: Analyze major players in the purpose built backup appliance (pbba) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the purpose built backup appliance (pbba) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the purpose built backup appliance (pbba) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the purpose built backup appliance (pbba) market.
•Industry Challenges: Identify potential risks and obstacles affecting the purpose built backup appliance (pbba) market.
•Competitive Landscape: Review strategic developments in the purpose built backup appliance (pbba) market, including expansions, agreements, and new product launches.
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 Key Trends Shaping the Future Purpose Built Backup Appliance (PBBA) Market From 2025-2034: Enhanced On Premises Object Storage Solutions Reshape Data Backup Strategies here
News-ID: 3932142 • Views: …
More Releases from The Business Research Company
Rising Incidence of Dental Disorders Sparks Growth in the Tooth-Filling Material …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Tooth Filling Materials Market Through 2025?
In the past few years, the market size for tooth filling materials has experienced robust growth. Projected to rise from $1.82 billion in 2024 to $1.92 billion in 2025, it's set to journey at a compound…
2025-2034 Stress Tests Equipment Market Outlook: Key Drivers, Emerging Challenge …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Stress Tests Equipment Industry Market Size Be by 2025?
In recent years, the market for stress test equipment has seen robust growth. From a value of $2.99 billion in 2024, it is projected to increase to $3.19 billion in 2025, reflecting a compound annual growth rate…
2025 Positron Emission Tomography (PET) Scanners Industry Trends Report: Long-Te …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Positron Emission Tomography (PET) Scanners Market Size By 2025?
The market size for positron emission tomography (pet) scanners has been witnessing a steady increment in the past years. The market is expected to escalate from $1.51 billion in 2024 to $1.58 billion in 2025, registering…
Strategic Forecast for the Ostomy Devices Industry: Market Outlook 2025-2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Ostomy Devices Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the ostomy devices market has been consistently expanding. Projections show an increase from $2.8 billion in 2024 to $2.9 billion in 2025, maintaining a compound annual growth rate (CAGR) of 3.9%. The significant…
More Releases for Backup
Cloud Business Backup Market Hits New High | Major Giants Google Cloud Backup, A …
HTF MI recently introduced Global Cloud Business Backup Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2033). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Acronis, Barracuda Networks, Carbonite, Cohesity, Commvault, Datto, Druva, IBM,…
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…
