Key players profiled in this report are : Acronis, Arcserve, Asigra, Backup Assist, CA Technologies, Carbonite, CloundBerry, CommVault, Dell Software, EMC, Evault, FalconStor Software, HP, IBM, Infrascale, Intronis, Microsoft, Symantec, Unitrends, Veeam Software
Pune, India -- (SBWIRE) -- 03/22/2018 -- This research report on the cloud backup and recovery software market for 2018-2022 includes practical elements and insights that can be proven to be important to customers. This report is an extension of previous research into the cloud backup and recovery software market and is expected to provide valuable insight into the growth of this market worldwide. Our research report on the cloud backup and recovery software market provides customers with an overall understanding of competitive scenarios and helps them make better business decisions.
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Cloud backup involves backing up your electronic data by transferring copies of your data to a remote network server over a proprietary or public network. Recovery and cloud backup play an important role in business continuity strategies. The adoption of cloud backup provides additional benefits such as cost savings, security, storage and virtualization of data. Cloud storage solutions provide infrastructure and application support to your enterprise at a lower cost than on-premises storage solutions.
The market for cloud backup and recovery software is driven by the need for businesses to reduce IT spending, increase demand for cloud-based services across multiple industries, and spike enterprise backup requirements. In addition, the emergence of IaaS and on-demand cloud providers, the increased adoption of smart devices and tablets, and the high demand for large data and social networking provide numerous opportunities for entry into the market.
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This report studies sales (consumption) of Cloud Backup and Recovery Software in United States market, focuses on the top players, with sales, price, revenue and market share for each player, covering : Acronis, Arcserve, Asigra, Backup Assist, CA Technologies, Carbonite, CloundBerry, CommVault, Dell Software, EMC, Evault, FalconStor Software, HP, IBM, Infrascale, Intronis, Microsoft, Symantec, Unitrends, Veeam Software
This market research report on the cloud backup and recovery software market is a key element : The Report also considers important products and services from multiple vendors operating in this market. The report also offers insight into drivers and unsurpassed trends that influence the growth of this market. Technavio's market specialists aim to provide market insights across multiple sectors with direct and indirect impacts on market growth over the next few years. Our report on the industry follows a meticulous data collection methodology and provides an analysis of fast-growing market segments.
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Hybrids are expected to grow at a significant rate during the forecast period. The IT and communications sector led the market in 2017 and is expected to continue in the near future. In addition, North America is expected to dominate the entire market as it is expected to be the most popular cloud storage solution.
The report focuses on growth prospects and restraints of the market based on analysis of regional trends. This study provides the industry's Porters Five Forces analysis to understand the impact of various factors such as vendor bargaining power, competitive strength of competitors, threats of new entrants, threats of alternatives, and buyer's bargaining power on market growth