Boston, MA -- (SBWIRE) -- 07/22/2016 -- With the rise in data explosion, a large number of organizations have supported the need for replication of data as backup and frequent data protection. Challenges such as server collapse and mismanagement of large company data have forced organizations to look for a substitute for traditional backups, as these are costly to maintain and require continuous monitoring.

Not only the increase in the volumes of data but also the rise of virtualization has created gigabytes of data, because of which cloud has come into play to bring innovative and effective backup, and disaster recovery programs for managing organizational critical data.

Technavio's analysts forecast the global backup as a service market to grow at a CAGR of 27.5% during the period 2016-2020.

Get More Details on this Report and a Full Table of Contents at Global Backup as a Service Market 2016-2020

Covered in this report
The report covers the present scenario and the growth prospects of the global backup as a service market for 2016-2020 This report considers revenue generated from backup services offered on cloud platforms. The services from online backup service and cloud backup service providers are included in the market size.

The market is divided into the following segments based on geography:

-APAC
-EMEA
-North America
-ROW

Technavio's report, Global Backup As A Service Market 2016-2020, 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 vendors

-Commvault
-EMC (Dell)
-IBM
-Symantec

Other prominent vendors

-Acronis
-Amazon Web Services
-Asigra
-Backblaze
-CA Technology
-Carbonite
-Cisco
-Datalink
-Fujitsu
-Google
-Hexistor
-iDrive
-Intronis
-Iron Mountain
-ITC Infotech
-KeepItSafe
-Microsoft
-Mozy (EMC)
-Nasuni
-Proact
-Quantum
-Rackspace
-Seagate
-Skyvia
-SugarSync
-SunGard
-Symform
-Zetta.net

Market driver

-Integration with cloud storage providers
-For a full, detailed list, view our report

Market challenge

-Ambiguity in selecting vendors
-For a full, detailed list, view our report

Market trend

-Cloud backup for virtual machines
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 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?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Commvault, EMC (Dell), IBM, Symantec, Acronis, Amazon Web Services, Asigra, Backblaze, CA Technology, Carbonite, Cisco, Datalink, Fujitsu, Google, Hexistor, iDrive, Intronis, Iron Mountain, ITC Infotech, KeepItSafe, Microsoft, Mozy (EMC), Nasuni, Proact, Quantum, Rackspace, Seagate, Skyvia, SugarSync, SunGard, Symform, Zetta.net

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