Press release
2025-2034 Data Backup And Recovery Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
Data Backup And Recovery Market
What Will the Data Backup And Recovery Industry Market Size Be by 2025?
The market size for data backup and recovery has seen a swift expansion in recent times. There is anticipated growth from $14.95 billion in 2024 to $16.48 billion in 2025, marking a compound annual growth rate (CAGR) of 10.2%. Factors like an increase in data volume, the emergence of virtualization, emphasis on disaster recovery, and data security issues have contributed to the growth during the historical period.
What's the Long-Term Growth Forecast for the Data Backup And Recovery Market Size Through 2029?
The market size for data backup and recovery is predicted to experience swift expansion in the coming years, escalating to $28.23 billion in 2029 with a compound annual growth rate (CAGR) of 14.4%. The growth predicted during this forecast period is due to several factors such as avoiding ransomware, regulatory compliance, and continuous data safety. Key trends projected during this period encompass early digitalization, the incorporation of AI and machine learning into backup procedures, a heightened emphasis on cybersecurity within backup strategies, and the use of hyper-converged infrastructure (HCI) for backups.
View the full report here:
https://www.thebusinessresearchcompany.com/report/data-backup-and-recovery-global-market-report
What Are the Key Growth Drivers Fueling the Data Backup And Recovery Market Expansion?
The surge in the adoption of cloud data backup is forecasted to drive the expansion of the data backup and recovery market. Cloud backup involves creating a duplicate of a physical or virtual data file or database and storing it in an off-site location as a safety net against equipment malfunctions or other unforeseen circumstances. Storing data in the cloud through this method allows it to be accessed at any time and place, and enhances its safety and recovery ease. For instance, Gartner, a US-based management consulting firm reported in February 2022 that by 2025, 51% of enterprise IT spending in key sectors would transition to cloud-based services, thus overtaking traditional IT expenditures. Moreover, worldwide expenditure projected for public cloud services is poised to hit $597.3 billion in 2023, a substantial rise from the $491 billion tally of 2022. Thus, the escalating adoption of cloud data backup is fueling the growth of the data backup and recovery market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7774&type=smp
What Are the Key Trends Driving Data Backup And Recovery Market Growth?
The digital arena is observing a significant trend towards technological development, particularly within the data backup and recovery market. A collection of significant firms in the data backup and recovery sector are making strides in their technological innovations and studies to incorporate more effective alternatives like multi-cloud data backup and recovery. By utilising these systems, data can be duplicated over numerous cloud services sourced from a variety of providers. Backups are often replicated from one service to another and retained for disaster recovery purposes. The ideal objective for these solutions is to facilitate recovery from multiple sources. A recent example of this trend is when Backblaze, Inc., an American company specialising in cloud storage and data backup, joined forces with Veritas Technologies LLC. in June 2022 to deliver multi-cloud data backup and recovery. Users of Backup Exec who synchronise their data backup and recovery practices can avail of their combined solution's user-friendly, budget-friendly, and S3-compatible object storage. The Backup Exec service by Veritas provides businesses the capacity to protect almost every type of data on any type of storage, whether it's tape, servers, or cloud-based. Veritas Technologies LLC is a well-established data management organisation based in the US.
How Is the Data Backup And Recovery Market Segmented?
The data backup and recoverymarket covered in this report is segmented -
1) By Backup Type: Service Backup, Media Storage Backup, Email Backup
2) By Component: Software, Services
3) By Deployment Type: Cloud, On-Premises
4) By Industry Vertical: IT And Telecommunications, Retail, Banking, Financial Services, And Insurance, Government And Public Sector, Healthcare, Media And Entertainment, Manufacturing, Education, Other Industry Verticals
Subsegments:
1) By Service Backup: Cloud Backup, SaaS Backup, Disaster Recovery As A Service (DRaaS)
2) By Media Storage Backup: Tape Backup, Disk-Based Backup, Optical Backup
3) By Email Backup: Microsoft 365 Backup, G Suite (Google Workspace) Backup, On-Premise Email Backup Solutions
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7774&type=smp
Which Companies Are Leading the Charge in Data Backup And Recovery Market Innovation?
Major companies operating in the data backup and recovery market include Dell Technologies Inc., International Business Machines Corporation, Oracle Corporation, Hewlett Packard Enterprise Company, Asigra Inc., NetApp Inc., Micro Focus International plc, Veritas Technologies LLC, Nutanix Inc., Rubrik Inc., Veeam Software AG, Quest Software LLC, Commvault Systems Inc., Barracuda Networks Inc., Acronis International GmbH, Carbonite Inc., Cohesity Inc., Zerto Corporation, Arcserve LLC, Druva Inc., Actifio Inc., StorageCraft Technology Corporation, HYCU Inc., Atempo Inc., Unitrends, Altaro Software Limited, Infrascale Inc., Vembu Technologies Pvt. Ltd., Bacula Systems SA, BackupAssist Software, Axcient
Which Regions Are Leading the Global Data Backup And Recovery Market in Revenue?
North America was the largest region in the data backup and recovery market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data backup and recovery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7774
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
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
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@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 2025-2034 Data Backup And Recovery Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights here
News-ID: 4228397 • Views: …
More Releases from The Business Research Company
Lessons From Competitor Success: What Your Business Can Learn
Every competitor win leaves breadcrumbs. The smartest companies study not just that a rival succeeded, but how and why and then adapt those lessons within their own context. In 2025's fast-moving markets, this skill is no longer optional. This article walks you through a rigorous, intelligence-driven framework to deconstruct competitor success, learn from it, and build your own durable advantages.
Why This Matters Today
• Acceleration of imitation cycles: Competitive moves are no…
Global Enterprise Asset Management Market Expected to Achieve 12.9% CAGR by 2029 …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Enterprise Asset Management Market Size By 2025?
In recent times, the market size of enterprise asset management has seen a robust growth. The projections indicate an expansion from $6.71 billion in 2024 to $7.27 billion in 2025 with a compound annual growth rate (CAGR) of…
Future of the Global Secure File Transfer Market: Trends, Innovations, and Key F …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Secure File Transfer Market Size Growth Forecast: What to Expect by 2025?
The market size for secure file transfers has seen a robust growth in recent years. The market is expected to increase from $2.35 billion in 2024 to $2.49 billion in 2025, with a compound annual growth rate…
Internet of Things (IoT) in Agriculture Market Poised to Hit $25.17 Billion by 2 …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Internet of Things (IoT) in Agriculture Market Size Growth Forecast: What to Expect by 2025?
The market size for Internet of Things (IoT) in agriculture has witnessed a significant expansion in the past few years. The market is projected to escalate from $14.87 billion in 2024 to $16.22 billion…
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…
