Press release
Cloud Backup Market Size, Share – Industry Analysis 2022
Cloud Backup
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The cloud backup market size is expected to grow from USD 1.30 billion in 2017 to USD 4.13 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.1%during the forecast period. The market is driven by factors, such as need for business agility, faster deployment and scalability, increasing awareness about cloud backup among enterprises globally, and reduced costs of ownership. However, enterprises face some obstacles while adopting cloud backup, such as bandwidth limitations, difficulty in achieving compliance and growing concerns over data privacy and governance.
System integration services help in solving complex problems and assure of cost-efficient business processes to produce a flexible environment that can fulfil performance, security, and availability. It provides facilities and frameworks for the integration of various platforms with third-party environments. The increasing trend of adopting the backup services is ultimately resulting in the growth of the system integration market segment.
The break-up profiles of primary participants are given below:
• By company: Tier 1 – 43%, Tier 2 – 35%, and Tier 3 – 22%
• By designation: C-level – 60%, Director level – 25%, and Others – 15%
• By region: North America – 44%, Europe – 25%, APAC – 21%, and RoW –10%
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Key Points From Table Of Content :
Company Profiles :
13.1 Carbonite, Inc.
13.1.1 Business Overview
13.1.2 Company Scorecard
13.1.3 Product Offerings
13.1.4 Business Strategies
13.1.5 Recent Developments
13.2 Asigra Inc.
13.2.1 Overview
13.2.2 Company Scorecard
13.2.3 Product Offerings
13.2.4 Business Strategies
13.2.5 Recent Developments
13.3 Barracuda Networks, Inc.
13.3.1 Overview
13.3.2 Company Scorecard
13.3.3 Product Offerings
13.3.4 Business Strategies
13.3.5 Recent Developments
13.4 Acronis International GmbH
13.4.1 Overview
13.4.2 Company Scorecard
13.4.3 Product Offerings
13.4.4 Business Strategies
13.4.5 Recent Developments
13.5 Code42 Software, Inc.
13.6 Datto, Inc.
13.7 Druva Software
13.8 International Business Machines (IBM) Corporation
13.9 Veeam Software
13.10 Microsoft Corporation
13.11 Iron Mountain Incorporated
13.12 Efolder, Inc.
Research Coverage :
The cloud backup market has been segmented on the basis of components, service providers, deployment models, organization size, verticals, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overviews, products and services, key strategies, new product launches, partnerships, agreements and collaborations, business expansions, and competitive landscape associated with the cloud backup market.
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