The global market for Purpose-Built Backup Appliance (PBBA) is estimated at US$9.2 Billion in 2023 and is projected to reach US$17.0 Billion by 2030, growing at a CAGR of 9.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Several trends and technological integrations are shaping the PBBA market, enhancing their appeal and functional capabilities. The integration with cloud technologies allows businesses to leverage hybrid storage models that enhance data protection strategies and ensure greater flexibility in data recovery. Disaster recovery features, crucial for maintaining business continuity in various scenarios, are increasingly integrated into PBBAs, making them a key component of comprehensive business resilience plans. Moreover, advancements in AI and machine learning are being leveraged to optimize backup schedules and data management processes, further enhancing the efficiency of PBBAs. The shift towards energy-efficient technologies also reflects a growing industry focus on reducing operational costs and addressing environmental concerns, making modern PBBAs more attractive. With continuous vendor innovation and support, along with compliance with emerging data sovereignty and localization laws, PBBAs are increasingly viewed as essential investments by organizations aiming to bolster their data management strategies and enhance their overall IT infrastructure resilience.
Several trends and technological integrations are shaping the PBBA market, enhancing their appeal and functional capabilities. The integration with cloud technologies allows businesses to leverage hybrid storage models that enhance data protection strategies and ensure greater flexibility in data recovery. Disaster recovery features, crucial for maintaining business continuity in various scenarios, are increasingly integrated into PBBAs, making them a key component of comprehensive business resilience plans. Moreover, advancements in AI and machine learning are being leveraged to optimize backup schedules and data management processes, further enhancing the efficiency of PBBAs. The shift towards energy-efficient technologies also reflects a growing industry focus on reducing operational costs and addressing environmental concerns, making modern PBBAs more attractive. With continuous vendor innovation and support, along with compliance with emerging data sovereignty and localization laws, PBBAs are increasingly viewed as essential investments by organizations aiming to bolster their data management strategies and enhance their overall IT infrastructure resilience.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the PBBA Hardware segment, which is expected to reach US$10.1 Billion by 2030 with a CAGR of a 9.9%. The PBBA Software segment is also set to grow at 8.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $2.4 Billion in 2023, and China, forecasted to grow at an impressive 12.4% CAGR to reach $3.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Purpose-Built Backup Appliance (PBBA) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Purpose-Built Backup Appliance (PBBA) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Purpose-Built Backup Appliance (PBBA) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Arcserve LLC, Asigra Inc., Barracuda Networks Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 38 Featured):
- Arcserve LLC
- Asigra Inc.
- Barracuda Networks Inc.
- CommVault Systems Inc.
- Dell EMC
- eFolder Inc.
- ExaGrid Systems Inc.
- FalconStor Software Inc.
- Fujitsu Limited
- Hewlett Packard Enterprise Company
- Hitachi Vantara Corporation
- IBM Corp.
- NetApp Inc.
- Oracle Corporation
- Quantum Corporation
- STORServer Inc.
- Unitrends Inc.
- Veeam Software
- Vembu Technologies Inc.
- Veritas Technologies LLC
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arcserve LLC
- Asigra Inc.
- Barracuda Networks Inc.
- CommVault Systems Inc.
- Dell EMC
- eFolder Inc.
- ExaGrid Systems Inc.
- FalconStor Software Inc.
- Fujitsu Limited
- Hewlett Packard Enterprise Company
- Hitachi Vantara Corporation
- IBM Corp.
- NetApp Inc.
- Oracle Corporation
- Quantum Corporation
- STORServer Inc.
- Unitrends Inc.
- Veeam Software
- Vembu Technologies Inc.
- Veritas Technologies LLC
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 271 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 9.2 Billion |
| Forecasted Market Value ( USD | $ 17 Billion |
| Compound Annual Growth Rate | 9.1% |
| Regions Covered | Global |
