Storing and securing a companyÕs data as backup is now a highly lucrative part of the cloud computing industry. Backup as a service holds players that can offer its clients a relatively unconventional but increasingly safe way to back up their valuable data and use it in the event of a recovery process. This is done through the use of online portals and cloud computing servers. As with most key cloud computing service offerings, backup as a service can allow a client to refer to a centralized system that is completely online and can therefore operate devoid of in house infrastructure or assets. This can result in an overall savings in cost and time for the client in the long run. Rather than being forced to manage private assets such as tapes and hard disks along with having to hire specialized labor for its maintenance, a company can now simply avail the best possible backup as a service model for them from a plethora of options.
Scope of the Report:This report studies the Backup as a Service market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Backup as a Service market by product type and applications/end industries.
One of the key trends in the backup-as-a-service market is the increasing use of IoT. A huge amount of data is generated from the interaction of globally situated smart infrastructure and smart appliances. Similar to most other cloud based solutions, backup as a service can come under public or private models, with a growing number of service providers also offering hybrid services to bring the best of both worlds. One of the most common phases when a company can switch to back up as a service models is when they have outgrown their own legacy models. The market is majorly driven by North America due to large-scale industrialization and large number of telecommunication and IT service providers based in this region. Furthermore, increasing focus of organizations to offer better customer experience and technology penetration to gain competitive advantage is anticipated and is estimated to expand at the highest CAGR rate in the near future.
The global Backup as a Service market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Backup as a Service.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers Commvault
Symantec
IBM Corporation
Dell EMC
Amazon Web Services
Cisco Systems
Fujitsu
Backblaze
Hexistor
CA Technologies
Intronis
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Public Cloud
Private Cloud
Hybrid Cloud
Market Segment by Applications, can be divided into Small Enterprises
Medium Enterprises
Large Enterprises
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
