Seattle, WA -- (SBWIRE) -- 12/10/2019 -- The "Cloud Backup Market 2019: Analysis and Forecast Report 2026" is a comprehensive report delivering research information that's relevant for new market entrants or established players. The Cloud Backup market analysis study covers important information that makes the document a handy resource for managers, analysts, business consultants, and different key people get ready-to-access and self-analyzed study along with graphs and tables to assist perceive Cloud Backup market trends, drivers and Cloud Backup market challenges. Combining the info integration and analysis capabilities with the relevant findings, the report has expected robust future growth of the Cloud Backup market in all its geographical and products segments.
Cloud backup is an alternative to conventional backup, which is used to create, edit, manage and restore data, and application and services by using cloud computing infrastructure and resources. Global cloud back up market is estimated to be valued at US$ 1287 million by 2017. By the end of 2025, the cloud backup market is projected to reach US$ 6367 million, exhibiting a CAGR of 22.1%. Rising data volume, increasing installation of internet of things, rising adoption of software as a service are some of the key factors fueling growth of the cloud backup market.
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Market Dynamics
Increasing volume of data is one of the major drivers for growth of the cloud backup market. According to Coherent Market Insights, in 2016, 16.1 zettabyte of data was generated, globally. Moreover, adoption of Internet of Things is increasing the volume of data generated through connected devices. According to Coherent Market Insights, in 2016, the number of connected device was around 6.4 billion, globally. Data from these devices needs to be stored and requires huge storage space. This factor is expected to fuel demand for cloud backup. Rising adoption of Software-as-a-Service platform (SaaS), increasing digitalization, and growing use of cloud technology by small and medium enterprises is also expected to accelerate growth of the cloud backup market.
The objective of Cloud Backup report is to outline, segment, and project the market on the idea of product types, application, and region, and to explain the factors concerning the factors influencing global Cloud Backup market dynamics, policies, economics, and technology etc.
Furthermore, Global Cloud Backup Market following points are included along with an in-depth study of each point:
Competitors — In this section, key players have been studied depending on product portfolio, their Cloud Backup company profile, capacity, price, price, and earnings.
Production Analysis — Generation of this Global Cloud Backup Industry is tested regarding applications, types, and regions with price analysis of players that are coveInformative Report on .
Detail Cloud Backup Market Segmentation:
Global Cloud Backup Market, By Component:
Solution
Personal Backup
Business Backup
Cloud backup for Service providers
Service
Management and Customization
Professional Services
Training and consulting
Integrations
Global Cloud Backup Market, By Deployment Model:
Public cloud
Private cloud
Hybrid cloud
Global Cloud Backup Market, By Organization Size:
Small and Medium-Sized Enterprises
Large Enterprises
Global Cloud Backup Market, By Vertical:
Banking, Financial Services, and Insurance
Consumer Goods and Retail
Education
Government and Public Sector
Healthcare and Life Sciences
Manufacturing
Media and Entertainment
Telecommunication and ITeS
Others
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Investigations and Analysis — Cloud Backup market investigation aside from commerce, the information, and supply, contact information from manufacturers, consumers and providers can also be awarded. Additionally, feasibility analysis to investment and SWOT analysis for endeavors have been comprised.
Various analysis techniques applied to provide Cloud Backup information on competitors strategies; past data, and future sales and market trends. Business owners coming up with the current customers and reaching the target Cloud Backup market can benefit of the analytical information from different regions, to derive dynamic shifts. That are believed to global Cloud Backup market transformative influence on future sales. Insights on wherever the Cloud Backup market ought to be heading throughout the forecast, 2019 to 2026 and major players in the business.
Key features of the study:
This report provides an in-depth analysis of cloud backup market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global cloud backup market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
Key companies covered as a part of this study include Amazon Web Services, Barracuda Networks, Inc., Code42 Software, Inc., Datto, Inc., Dropbox, Inc., Druva Software, EMC Corporation, Google Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, Veeam Software, and VMware Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics
The global cloud backup market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the cloud backup market.
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