Press release
2025-2034 Purpose Built Backup Appliance (PBBA) Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
Purpose Built Backup Appliance (PBBA)
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Purpose Built Backup Appliance (PBBA) Market Size Valuation Forecast: What Will the Market Be Worth by 2025?_x000D_
In recent times, there has been a significant surge in the market size for the specially designed backup appliance (pbba). The market is predicted to expand from $7.91 billion in 2024 to $8.66 billion in 2025, with a compound annual growth rate (CAGR) of 9.5%. The notable growth during the earlier period can be credited to factors like a rise in data production, an upswing in regulatory compliance requirements, heightened awareness about data protection, expansion in hyper-converged infrastructure, and a growing adoption of advanced encryption methods._x000D_
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Purpose Built Backup Appliance (PBBA) Market Size Forecast: What's the Projected Valuation by 2029?_x000D_
The market for purpose built backup appliance (pbba) is projected to experience significant expansion in the coming years. The market value is anticipated to reach $12.27 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.1%. This expected growth during the forecast period is attributed to the surge in data volumes, escalating cybersecurity threats, growth in remote working practices, increased deployment of virtualization technologies, and heightened demand for high-availability solutions. Key trends within the forecast period include technological innovations, the uptake of cloud-integrated backup solutions, the incorporation of artificial intelligence, alignment with virtualization platforms, and the adoption of hybrid cloud models._x000D_
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https://www.thebusinessresearchcompany.com/report/purpose-built-backup-appliance-pbba-global-market-report_x000D_
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What Are the Drivers Transforming the Purpose Built Backup Appliance (PBBA) Market?_x000D_
The escalating threats to data security are anticipated to spur the expansion of the purpose-built backup appliance (PBBA) market. These threats, which put at risk the confidentiality, integrity, and access to sensitive data, include an expanding attack surface, advanced malware and cyber-attacks, the spread of ransomware, supply chain vulnerabilities, and financial incentives. Purpose-built backup appliances (PBBAs) heighten data security by guaranteeing dependable backup and recovery processes, shielding organizations from a range of data security threats. For example, in March 2023, the Federal Bureau of Investigation, a law enforcement agency in the U.S., reported that investment fraud in the U.S increased from $1.45 billion in 2021 to $3.31 billion in 2022. Therefore, these escalating threats to data security are fuelling the expansion of the purpose-built backup appliance (PBBA) market._x000D_
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What Long-Term Trends Will Define the Future of the Purpose Built Backup Appliance (PBBA) Market? _x000D_
Leading enterprises functioning within the Purpose-Built Backup Appliance (PBBA) sector are constantly endeavoring to create novel solutions to improve data storage capabilities and scalability, including on-site object storage remedies. The term 'on-premises object storage' stands for the storage of data as units in a unique local setting, enabling potent and scalable data handling within the company's framework. For instance, in the month of June, 2022, Veeam Software Holding Inc., an IT company originating from the U.S, introduced Object First. This service offers on-site object storage facilities specifically for Veeam backup, boasting features such as security, instant recovery, and immutability. Operated through Amazon's S3 protocol and locally owned, Object First is designed to work seamlessly with the twelfth release of Veeam Backup and Recovery (VBR12). This device allows backups to be stored indelibly in less than a quarter of an hour and employs a technique akin to AWS S3 Object Lock for immutability, which can be set for as long as 999 days._x000D_
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Which Segments in the Purpose Built Backup Appliance (PBBA) Market Offer the Most Profit Potential?_x000D_
The purpose built backup appliance (pbba)market covered in this report is segmented - _x000D_
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1) By Component: Purpose Built Backup Appliance Hardware, Purpose Built Backup Appliance Software, Purpose Built Backup Appliance Services_x000D_
2) By System: Integrated Backup Appliance, Target Systems Backup Appliance, Open System Backup Appliance, Mainframe Purpose Built Backup System_x000D_
3) By Deployment: Cloud Purpose Built Backup Appliances, On-Premise Purpose Built Backup Appliances_x000D_
4) By Enterprise Size: Small And Medium Enterprises (SMEs), Large Enterprises_x000D_
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_x000D_
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Subsegments:_x000D_
1) By Purpose Built Backup Appliance Hardware: Disk-Based Backup Appliances, Tape-Based Backup Appliances, Integrated Backup Systems, Standalone Backup Appliances_x000D_
2) By Purpose Built Backup Appliance Software: Backup and Recovery Software, Data Deduplication Software, Replication Software, Encryption and Security Software, Monitoring and Management Software_x000D_
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_x000D_
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Tailor your insights and customize the full report here:_x000D_
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Which Firms Dominate the Purpose Built Backup Appliance (PBBA) Market by Market Share and Revenue in 2025?_x000D_
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_x000D_
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Which Regions Offer the Highest Growth Potential in the Purpose Built Backup Appliance (PBBA) Market?_x000D_
North America was the largest region in the purpose-built backup appliance (PBBA) market in 2024. 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._x000D_
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3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks._x000D_
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work._x000D_
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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.
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