Press release
Worldwide Cloud Backup Market Is Expected To Reach $190.5 Billion By 2024
Market Research HUB
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Worldwide Cloud Backup has many applications: IoT, the Internet of things is the largest. Self-driving cars, drones, robots, artificial intelligence, and data center core storage. Cloud-backup markets get really, really big by 2024, $190.5 billion. The reason is that all computing moves to the cloud and all smart devices and IoT store data in the cloud. Augmented reality, self-driving cars, robots, drones all generate significant amounts of data from small smart devices and processors inside things. That data gets stored in the cloud. This data is manipulated with analytics and accessed as information from many different sources.
With 2 trillion IoT processors and devices anticipated to be in place by 2024, there is a lot of data generated on a daily basis. While not all of it is stored or backed up, a lot of the data needs to be used again in analytics, hence the growth of cloud storage markets? Once the data is stored, it can be accessed again and used, which is a back-up function.
Worldwide, the Cloud Backup market at $21.7 billion market in 2017, is expected to reach $190.5 billion by 2024. Growth is a result of the implementation of the digital economy. Geographically, this report is split into the US, Europe, Asia, the Middle East and Africa.
Browse Full Report with TOC: https://www.marketresearchhub.com/report/cloud-backup-markets-market-shares-strategies-and-forecasts-worldwide-2018-to-2024-report.html
Market Leaders
• IBM
• Amazon
• Microsoft
• Iron Mountain Incorporated
• Veeam Software
• Barracuda Networks
• Carbonite
• Autotask / Datto
• Asigra
• Acronis International GmbH
• Code42 Software
• Datto
• Druva Software
• Efolder
Key Topics
• Cloud Backup Markets
• Cloud Virtual Machine
• Platform Stack-Services
• Mega Data Centers
• Cloud CSP
• Cloud MSP
• Cloud Telco
• High-Performance Switches
• Software Defined Data Center
• Customer Base Storage
• Private Cloud
• Public Cloud
• Hybrid Cloud
• Social Media
• Always on Data Centers
• Robust, Quality Cloud Computing
• Networking Performance
• Scalable Infrastructure
• Data Management Component
• Microservices
• Virtual Machines
• Hypervisor
• Open Compute
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