Cloud Backup Market projected to reach USD 10.25 billion by 2025.
Harrisburg, NC -- (SBWIRE) -- 08/29/2018 -- The global cloud backup market was valued at USD 1.29 billion in 2016 and is projected to reach USD 10.25 billion by 2025, growing at a CAGR of 25.90% from 2017 to 2025.
Cloud backup is a service that provides users with a system for the backup, storage, and recovery of computer files. Cloud backup systems are built around a client software program that runs on a schedule, some systems run once a day and other newer cloud backup services run continuously to capture changes to user systems nearly in real-time. Cloud backup is highly used by organizations as it is easily accessible, improves recovery time for small data sets, allows scalability with capital savings, high efficiency and reliability, anytime-anywhere access.
Global Cloud Backup Market by Top Manufacturers (2018-2025): Asigra Inc, Carbonite, Inc, Datto, Inc., Efolder, Inc., Iron Mountain Incorporated, Veeam Software, Acronis International GmbH, Barracuda Networks, Inc, IBM, Carbonite Inc, Druva Software, Microsoft, Symantec, CA Technologies.
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The Report provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. The report also presents forecasts for Cloud Backup investments from 2018 till 2025.
Global Cloud Backup Market Segmentation:
Telecom & Communication Service Provider
Cloud Service Provider
Managed Service Provider
Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Cloud Backup in these regions, from 2013 to 2025 (forecast), covering North America, Europe, Asia Pacific, Latin America , Middle East & Africa.
The research includes historic data from 2013 to 2017 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make in-depth research on the development environment, market size, development trend, operation situation and future development trend of Cloud Backup on the basis of stating current situation of the industry in 2018 so as to make comprehensive organization and judgment on the competition situation and development trend of Cloud Backup Market and assist manufacturers and investment organization to better grasp the development course of Cloud Backup Market.
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Essential points covered in Cloud Backup Market 2018 Research are:-
- What will the market size and the growth rate be in 2025?
- What are the key factors driving the Cloud Backup market?
- What are the key market trends impacting the growth of the Cloud Backup market?
- What are the challenges to market growth?
- Who are the key vendors in the Cloud Backup market?
- What are the market opportunities and threats faced by the vendors in the Cloud Backup market?
- What are the key outcomes of the five forces analysis of the Cloud Backup market?
This independent 135 pages report guarantees you will remain better informed than your competition. With figures examining the Cloud Backup market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2025.
Furthermore, the report provides a detailed analysis of the global Cloud Backup market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Cloud Backup market by countries, comprising of its market by value, volume, and ARPU and penetration rate.
Research study on the Global Cloud Backup Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review. The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
MarketInsightsReports provides syndicated market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. These reports include in-depth market research studies i.e. market share analysis, industry analysis, information on products, countries, market size, trends, business research details and much more. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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