KD Market Insights has published a new report on Cloud Backup & Recovery Software Market analysis and forecast 2017-2023. The report comprises of Cloud Backup & Recovery Software Market size, Y-o-Y growth analysis, and market dynamics, including growth drivers, restraining factors, opportunities, and trends which are spearheading current nature and future status of the market.
Cloud or online backup is a process involving backing up of electronic data by sending a copy of the data over the proprietary or public network to a remote network server. The server is usually hosted by a third party service provider which charges the customer fees based on backup file, bandwidth, number of users and capacity. Cloud backup and recovery software securely copy the files to many servers. It is also encrypted so that no user can view them and protect the data from viruses and hackers. The adoption of cloud backup provides additional benefits such as cost saving, security, storage, virtualization, fast and easy access to backed up files.
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Increasing focus on reducing IT expenditure drives the global cloud backup & recovery software market. Moreover, rising demand for cloud based services across several industry verticals and growing backup requirements of enterprises drives the growth of the global cloud backup & recovery software market. However, latency in data retrieval and interruptions as well as storage management and securing backups are expected to impede the market growth. Increasing adoption of these solutions among SMEs and emergence of new trends such as Infrastructure as a service (IaaS), IoT in the market is expected to provide numerous opportunities for the market.
The global cloud backup & recovery market is segmented on the basis of deployment model, user type, industry vertical and region. Deployment model covered in this study include private, public and hybrid. Based on user type, the market is bifurcated into large enterprises and small and medium enterprises. On the basis of industry vertical, the market is bifurcated into BFSI, government, healthcare, telecom & it, retail, manufacturing and others. Based on the regional study, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Global cloud backup & recovery market is dominated by the key players such as Veritas Technologies LLC, Veeam Software, Commvault, IBM Corporation, Dell EMC, CA Technologies, Symantec Corporation, Microsoft Corporation, Hewlett Packard Enterprise, and Actifio Inc.
KEY BENEFITS FOR STAKEHOLDERS
– The study provides an in-depth analysis of the global cloud backup & recovery software market and current & future trends to elucidate the imminent investment pockets.
– Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
– Porter’s Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
– The quantitative analysis of the global market from 2016 to 2023 is provided to determine the market potential.
KEY MARKET SEGMENTS
BY DEPLOYMENT MODEL
BY USER TYPE
– Large Enterprises
– Small and Medium Enterprises
BY INDUSTRY VERTICAL
– Telecom & IT
– Rest of Europe
– Rest of Asia-Pacific
– Latin America
– Middle East
KEY MARKET PLAYERS
– Veritas Technologies LLC
– Veeam Software
– IBM Corporation
– Dell EMC
– CA Technologies
– Symantec Corporation
– Microsoft Corporation
– Hewlett Packard Enterprise
– Actifio Inc.
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Table of Content
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. RESEARCH METHODOLOGY
1.3.1. Primary research
1.3.2. Secondary research
1.3.3. Analyst tools and models
1.3.4. Market segmentation
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top winning strategies
3.2.2. Top investment pockets
3.2.3. Top impacting factors
3.3. PORTERS FIVE FORCES ANALYSIS REVIEW
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Competitive rivalry
3.4. KEY PLAYER POSITIONING
3.5. MARKET DYNAMICS
188.8.131.52. Increasing focus on reducing IT expenditure
184.108.40.206. Rising demand for cloud based services across several industry verticals
220.127.116.11. Growing backup requirements of enterprises
18.104.22.168. Latency in data retrieval and interruptions
22.214.171.124. Storage management and securing backups
126.96.36.199. Increasing adoption of these solutions among SMEs
188.8.131.52. Emergence of new trends
CHAPTER 4 CLOUD BACKUP & RECOVERY SOFTWARE MARKET, BY DEPLOYEMNT MODEL
4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast, by region
4.2.4. Market analysis by country
4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast, by region
4.3.4. Market analysis by country
4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast, by region
4.4.4. Market analysis by country
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