Los Angeles, CA -- (SBWire) -- 04/18/2019 --Data backup software is an application used to create a duplicate copy of data to safeguard it and enable recovery in the event it is lost, corrupted or infected by malware. This report studies the Data Backup Software market.
Veritas Technologies, Veeam and Acronis captured the top three revenue share spots in the Data Backup Software market in 2017. Veritas Technologies dominated with 6.62% revenue share, followed by Veeam with 5.93% revenue share and Acronis with 5.12% revenue share.
On the basis of region, Data Backup Software is more popular in North America. The US and Canada are witnessing the increasing adoption of cloud with IoT technology to handle the massive amount of data generated by smart devices. This is significantly boosting the growth of data backup market in North America. USA is the largest market segment of Data Backup Software, with a consumption market share nearly 30.98% in 2017, followed by Europe with a consumption market share nearly 26.59% in 2017.
In 2018, the global Data Backup Software market size was 1750 million US$ and it is expected to reach 3070 million US$ by the end of 2025, with a CAGR of 7.3% between 2019 and 2025.
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This report studies the Data Backup Software market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the global top players, covered
Veritas Technologies
Veeam
Acronis
StorageCraft
Netapp
Code42
Commvault
Unitrends
Datto
Genie9 Corporation
Softland
Strengthsoft
NTI Corporation
Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Off-site Data Backup Software
On-premises Data Backup Software
Market segment by Application, the market can be split into
Personal
Enterprise
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Data Backup Software Market Is Expected to Reach 3070 Million US$ by the End of 2025
Data Backup Software Market is a detailed report, which presents a combination of industry knowledge and research expertise based on regions too. This report delivers the market trends along with the market size for every individual sector.