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The cloud backup and recovery market is forecasted to grow by USD 33.82 billion during 2023-2028, accelerating at a CAGR of 23.31% during the forecast period. The report on the cloud backup and recovery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by reduction in it expenditure, increasing demand for cloud-based applications, and stringent security rules and regulations to secure customer data.
The cloud backup and recovery market is segmented as below:
By Sector
- ICT
- Manufacturing
- BFSI
- Healthcare
- Others
By End-user
- Large enterprises
- SMEs
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the cloud backup and recovery market covers the following areas:
- Cloud backup and recovery market sizing
- Cloud backup and recovery market forecast
- Cloud backup and recovery market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Sector
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global cloud backup and recovery market: Acronis International GmbH, Actifio Inc., Alphabet Inc., Arcserve USA LLC, Asigra Inc., Carbonite Inc., Cohesity Inc., Commvault Systems Inc., Datto Holdings Corp., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., N able Solutions ULC and N able Technologies Ltd., NetApp Inc., Oracle Corp., Quest Technology Management, Rackspace Technology Inc., Redstor, Unitrends Inc., Veeam Software Group GmbH, and Veritas Technologies LLC.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise in cloud security applications."
According to the report, one of the major drivers for this market is the reduction in it expenditure.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acronis International GmbH
- Actifio Inc.
- Alphabet Inc.
- Arcserve USA LLC
- Asigra Inc.
- Carbonite Inc.
- Cohesity Inc.
- Commvault Systems Inc.
- Datto Holdings Corp.
- Hewlett Packard Enterprise Co.
- International Business Machines Corp.
- Microsoft Corp.
- N able Solutions ULC and N able Technologies Ltd.
- NetApp Inc.
- Oracle Corp.
- Quest Technology Management
- Rackspace Technology Inc.
- Redstor
- Unitrends Inc.
- Veeam Software Group GmbH
- Veritas Technologies LLC