IT Intelligence Markets

New Report on Cloud Backup and Recovery Software Market CAGR of +12% by 2023: Challenges, Standardization, Competitive Market Share, Operator Case Studies and Key Players


Pune, India -- (SBWIRE) -- 05/30/2018 -- The Cloud Backup and Recovery Software Market to Grow steadily at a CAGR of +12% during the forecast period.

Cloud or online backup is a process involving backing up of electronic data by sending a copy of the data over the proprietary or public network to a remote network server. The server is usually hosted by a third-party service provider which charges the customer fees based on backup file, bandwidth, number of users and capacity. Cloud backup and recovery software securely copy the files to many servers. It is also encrypted so that no user can view them and protect the data from viruses and hackers. The adoption of cloud backup provides additional benefits such as cost saving, security, storage, virtualization, fast and easy access to backed up files.

The report on the global Cloud Backup and Recovery Software market is a comprehensive overview of the market, covering various aspects such as product definition, segmentation based on various parameters, distribution channel, supply chain analysis, and the prevailing vendor landscape. It compiles exhaustive information sourced via proven research methodologies. The information of the Cloud Backup and Recovery Software market is accessible in a logical chapter-wise format. It is also interspersed with relevant graphs and tables to enable readers to get a better perspective of the global market.

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Companies Profiled in this report includes, Veritas Technologies LLC, Veeam Software, Commvault, IBM Corporation, Dell EMC, CA Technologies, Symantec Corporation, Microsoft Corporation, Hewlett Packard Enterprise, and Actifio Inc.

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.

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.

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The global cloud backup & recovery market is segmented on the basis of deployment model, user type, industry vertical and region. Deployment model covered in this study include private, public and hybrid. Based on user type, the market is bifurcated into large enterprises and small and medium enterprises. On the basis of industry vertical, the market is bifurcated into BFSI, government, healthcare, telecom & it, retail, manufacturing and others. Based on the regional study, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report further analyzes the competitive landscape in this market by examining the profiles of the established market players to gain an insight into the current market hierarchy. The existing and the forthcoming ventures in the worldwide market for Cloud Backup and Recovery Software has also been discussed in this research report in details, making it a valuable resource for guidance for the stakeholders functional in this market.

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Table of Contents

Global Cloud Backup and Recovery Software Market Research Report

Chapter 1 Global Cloud Backup and Recovery Software Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast