Lewes, DE -- (SBWIRE) -- 03/12/2018 -- Report forecast the global cloud backup and recovery market to grow at a CAGR of 14.00% during the period 2018-2022.

Cloud backup and recovery refers to backing up data online, which involves sending data to a remote server or an on-premises cloud server, which can be recovered when essential.

The report covers the present scenario and the growth prospects of the global cloud backup and recovery market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, one driver in the market is reduction in IT expenditure. In recent years, IT firms have doubled their expenditure on IT infrastructure procurement and maintenance to meet the growing demand and remain competitive in the market. This increased spending adds up to the operational cost of the firm

Further, the report states that one challenge in the market is cloud backup data security threats. Most of the cloud backup systems used to be vulnerable to hacking or malware infection. However, such systems have become more secure currently after taking necessary precautions to safeguard the user data. Despite this, there are still chances that such systems can be affected.

Global Cloud Backup and Recovery Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global cloud backup and recovery market: Amazon.com, Barracuda Networks, CA, Hewlett Packard Enterprise Development, and NetApp.

Market driver
- Reduction in IT expenditure
- For a full, detailed list, view our report

Market challenge
- Cloud backup data security threats
- For a full, detailed list, view our report

Market trend
- Rise in cloud security applications
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

Spanning over 119 pages "Global Cloud Backup and Recovery Market 2018 - 2022" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market Sizing, Five Forces Analysis, Customer Landscape, Market Segmentation By End-User, Regional Landscape, Decision Framework, Drivers And Challenges, Market Trends, Vendor Landscape, Vendor Analysis, Appendix.

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