Press release
Purpose-Built Backup Appliance Market Trends, Size, Share and Growth by Forecast to 2023
Market Highlights:The study reveals that is trending in North America region. The HybriStor is a next generation data protection solution with PBBA capabilities that meets the data recovery requirements of businesses. These solution are recovery point objective, rapid recovery time objectives and ease-of-use to the next level, delivering an industry-leading secondary storage solution. The purpose-built backup appliance provides the explosive data growth solutions which has opened windows for many organizations.
These archive windows offer improved recovery times, up to 95% reduced storage data transmission and consumption by duplicating, reduced storage consumption, compressing data before storing to disk and others. These HybriStor appliances are connected to the direct-attached storage for providing unprecedented recovery point objectives (RPO) and rapid recovery time objectives (RTO) performance.
In North America region, the Purpose-Built Backup Appliance Market demand is growing as PBBA solutions are designed with maximum capacity for the optimizing the data de-duplication that enables customers to manage their ever-growing volumes of backup data. These appliances provides a NAS interface, reduces WAN consumption, secure transmission of data, instant data recovery, Moreover, these backup appliance solutions that are deployed in a gateway configuration connected to store backup data on general-purpose storage. This results is high performance, low memory demands, and massive improvements in storage efficiency.
The global purpose-built backup appliance market is growing rapidly over ~15% of CAGR and is expected to reach at USD ~ 10 Billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Purpose-Built Backup Appliance Market - Forecast to 2023”.
Major Key Players:
• Dell Inc. (U.S.)
• Oracle Corporation (U.S.)
• Axcient Inc. (U.S.)
• Barracuda Network Inc. (U.S.)
• Arcserve LLC (U.S.)
• International Business Machines Corporation (U.S.)
• Hitachi Data Systems Corporation (U.S.)
• EMC Corporation (U.S.)
• Commvault Systems Inc. (U.S.)
• Quantum Corporation (U.S.),
• Hewlett Packard Enterprise Company (U.S.)
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Global Purpose-built backup appliance Market Segmentation:
The global purpose-built backup appliance market is bifurcated on the basis of products, components, end users and region. The products are segmented into open systems, mainframe systems and others. The components are segmented into hardware, software, services and others. The end users are segmented BFSI, government & defense, IT & telecommunications, healthcare and others. The region includes North America, Europe, Asia Pacific and rest of the world.
Market Research Analysis:
On geographic basis, global purpose-built backup appliance market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with market share growth in the purpose-built backup appliance market. The purpose-built backup appliance is gaining huge demand due the integrated systems that are integrated with backup software such as Rapid Data Access for faster backup and has media servers built into the system. In this market, Europe is to be estimated to be the second largest market share for purpose-built backup appliance during the forecast period.
Intended Audience
• Purpose-built backup appliance manufacturing companies
• Original equipment manufacturers
• Purpose-built backup appliance providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Technology standards organizations
• Technology investors
• System Integrators
Regional Analysis:
The regional analysis of purpose-built backup appliance market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share in purpose-built backup appliance market as it provides deduplication with the average of 55:1 deduplication rate for data residing both on premise and in the cloud.
The purpose-built backup appliance market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for purpose-built backup appliance market and expected to be the highest CAGR in the coming years.
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Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure:
1.3.1 Global Purpose-Built Backup Appliance Market: By Products
1.3.2 Global Purpose-Built Backup Appliance Market: By Components
1.3.3 Global Purpose-Built Backup Appliance Market: By End Users
1.3.4 Global Purpose-Built Backup Appliance Market: By Region
2 Research Methodology
2.1 Research
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
Continued…..
List of Tables
Table 1 Purpose-Built Backup Appliance Market, By Products
Table 2 Purpose-Built Backup Appliance Market, By Components
Table 3 Purpose-Built Backup Appliance Market, By End Users
Continued…..
List of Figures
Figure 1research Methodology
Figure 2purpose-Built Backup Appliance Market: By Products (%)
Figure 3purpose-Built Backup Appliance Market: By Components (%)
Continued…..
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