Global Cloud Backup & Recovery Market by Growth, Industry Size, Trends, Shares, By Top Players, And Forecast

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Increasing cloud computing adoption across organizations and growing demand for remote data backup and restoration to enhance business outcomes are factors driving cloud backup & recovery market growth.

The Global Cloud Backup Recovery Market Report is a comprehensive report on the Cloud Backup Recovery market, offering key insights on business strategies, current trends, and presenting qualitative and quantitative analysis of the Cloud Backup Recovery market. This report offers in-depth research insights on key and significant aspects of the Cloud Backup Recovery market, providing an in-depth analysis of key drivers, restraints, restraints, growth prospects, threats, and risks. The report also includes an in-depth analysis of the competitive landscape and regional scope of the Cloud Backup Recovery market. Additionally, the report will be updated in line with changes in market dynamics and economic scenarios due to the COVID-19 pandemic. This report assesses the impact of the pandemic on the overall market and provides an in-depth assessment of the current and future impact of the COVID-19 pandemic on the industry.

The global cloud backup recovery market is expected to reach a market size of USD 20.69 Billion by 2028 and register a high revenue CAGR, according to latest analysis by Emergen Research. Increasing cloud computing adoption by organizations is projected to drive global cloud backup recovery market growth during the forecast period. In addition, growing demand for remote data backup and restoration to enhance business outcomes is expected to augment global cloud backup recovery market growth. Furthermore, increasing adoption of Infrastructure as a Service (IaaS) cloud computing is expected to further accelerate growth of the global cloud backup recovery market going ahead. Rising adoption of cloud computing among SMEs is also expected to propel growth of the market in future.

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The global Cloud Backup Recovery market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Cloud Backup Recovery industry is witnessing an expansion and change of dynamics owing to the entry of several new players.

Key Companies Profiled in the Report are

Microsoft Corporation, Veritas Technologies LLC, Carbonite, Inc., Actifio, Inc., Acronis International GmbH, Broadcom Inc., CommVault Systems, Inc., International Business Machines Corporation, Redstor Limited, and Rackspace, Inc.

Key insights presented in the report:

  • Market revenue shares by major business players, by type, by application, and market scope of global Cloud Backup Recovery market
  • Sales revenue by key players and new entrants
  • Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
  • Recent mergers, acquisitions, product launches, recent investments, and joint ventures
  • Regional analysis to provide insight to recent trends and opportunities

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

Cloud Backup Recovery Market Segmentation:

  • Type Outlook (Revenue, USD Billion; 2021–2028)

    • Hybrid
    • Public
    • Private
  • User Type Outlook (Revenue, USD Billion; 2021–2028)

    • SMEs
    • Large Enterprise
  • End-use Outlook (Revenue, USD Billion; 2021–2028)

    • BFSI
    • Healthcare
    • Manufacturing
    • Education
    • Government
    • Retail
    • Telecommunication IT
    • Others

The report offers a comprehensive analysis of the current growth opportunities for various regions of the Cloud Backup Recovery market. It gauges the revenue shares of these regions over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East Africa.

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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