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Cloud Backup & Recovery Software Market May See Big Move : Major Giants Veritas Technologies, Veeam Software, Commvault, Dell EMC

The Global Cloud Backup & Recovery Software Market to witnessed good recovery in growth post first half of 2023 and is projected cover up market sizing during the forecast period (2023-2030).


Pune, Maharashtra -- (SBWIRE) -- 08/22/2023 -- The Latest research study released by HTF MI "Global Cloud Backup & Recovery Software Market" with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this Research are Veritas Technologies LLC (United States), Veeam Software (Switzerland), Commvault (United States), IBM (United States), Dell EMC (United States), CA Technologies (United States), NortonLifeLock Inc. (United States), Microsoft Corporation (United States), Acronis International GmbH (Switzerland), etc.

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The demand for cloud-based backup & recovery software is rising as the cloud is an ideal solution for small to medium-sized businesses, which cannot afford to implement an appropriate backup and recovery system in the house. The demand for cloud-based services is continuously increasing across several industry verticals, owing to numerous benefits such as reduced hosting costs, increased capacity, reduced labor and equipment costs, more streamlined operations, improved collaboration, and better productivity overall which is expected to drive the demand for cloud-based backup & recovery software over the forecasted period.

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Finally, all parts of the Global Cloud Backup & Recovery Software market are also quantitatively evaluated in order to think about the global market alike. This market study contains fundamental data and true figures about the market, which contains a deep analysis of this market based on market trends, market drivers, restrictions and its future prospects. The report delivers the global money request with the help of Porters five forces and SWOT analysis.

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Customization of the Report: The report can be customized as per your needs for added data up to 3 businesses or countries.

On the basis of report- titled segments and sub-segment of the market are highlighted below:
Global Cloud Backup & Recovery Software Market Study by Application (Large Enterprises, Small & Medium Enterprises), Industry Vertical (BFSI, Government, Healthcare, Telecom & IT, Retail, Manufacturing, Others), Deployment Model (Private, Public, Hybrid)

Market Drivers
- Increasing Demand for Cloud-based Applications
- Growing Backup Requirements of Enterprises

Market Trend
- Growing Adoption of SaaS

- Growing Adoption Among SMEs
- High Adoption Rate of Hybrid Cloud Expected to Transform the Cloud Backup Market

- Rising Concerns Regarding Data Privacy and Governance
- Latency in Data Retrieval and Interruptions

"In July 2020, Acronis, a global leader in cyber protection announced the acquisition of DeviceLock, Inc., a leading provider of endpoint device/port control and data loss prevention (DLP) software for enterprises and government institutions around the world. As part of the agreement, DeviceLock will become a wholly-owned subsidiary of Acronis."

"In May 2019, Unitrends announced Unitrends Cloud Backup (UCB). This new product empowers IT professionals in small and mid-size organizations and managed service providers (MSPs) to protect data that resides on servers and endpoint devices by replicating it directly to the Unitrends Cloud."

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Global Cloud Backup & Recovery Software Market by Key Players: Veritas Technologies LLC (United States), Veeam Software (Switzerland), Commvault (United States), IBM (United States), Dell EMC (United States), CA Technologies (United States), NortonLifeLock Inc. (United States), Microsoft Corporation (United States), Acronis International GmbH (Switzerland)

Geographically, this report is segmented into some key Regions, with manufacture, depletion, revenue (million USD), and market share and growth rate of Cloud Backup & Recovery Software in these regions, from 2018 to 2028 (forecast), covering China, USA, Europe, Japan, Korea, India, Southeast Asia & South America and its Share (%) and CAGR for the forecasted period 2023 to 2028

Some of the important question for stakeholders and business professional for expanding their position in the Global Cloud Backup & Recovery Software Market:
Q 1. Which Region offers the most rewarding open doors for the market Ahead of 2022?
Q 2. What are the business threats and Impact of latest scenario Over the market Growth and Estimation?
Q 3. What are probably the most encouraging, high-development scenarios for Cloud Backup & Recovery Software movement showcase by applications, types and regions?
Q 4.What segments grab most noteworthy attention in Cloud Backup & Recovery Software Market in 2021 and beyond?
Q 5. Who are the significant players confronting and developing in Cloud Backup & Recovery Software Market?

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Key poles of the TOC:
Chapter 1 Global Cloud Backup & Recovery Software Market Business Overview
Chapter 2 Major Breakdown by Type
Chapter 3 Major Application Wise Breakdown (Revenue & Volume)
Chapter 4 Manufacture Market Breakdown
Chapter 5 Sales & Estimates Market Study
Chapter 6 Key Manufacturers Production and Sales Market Comparison Breakdown
Chapter 8 Manufacturers, Deals and Closings Market Evaluation & Aggressiveness
Chapter 9 Key Companies Breakdown by Overall Market Size & Revenue by Type
Chapter 11 Business / Industry Chain (Value & Supply Chain Analysis)
Chapter 12 Conclusions & Appendix

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, LATAM, Europe or Southeast Asia.

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