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.
The Global Cloud Backup & Recovery Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects.
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Key Highlights of Report
Increasing adoption of hybrid cloud platform among enterprises is driving revenue growth of the hybrid segment currently, which is expected to register a significantly high CAGR of 14.0% over the forecast period.
In terms of market revenue, the SME segment is expected to register steady growth during the forecast period due to increasing implementation of cloud computing in small and medium enterprises to reduce operational costs.
BFSI segment is expected to account for the largest revenue share as compared to other end-use segments during the forecast period due to increasing implementation of cloud backup & recovery solutions in the banking industry.
Market Drivers:
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
Some of the key participants in this industry include:
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.
Competitive Outlook:
The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Cloud Backup & Recovery Market . It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario
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Key Questions Answered in This Report:
What are the key growth driving and restraining factors of the Cloud Backup & Recovery Market ?
Which players will take the lead in the market?
In which region will the market find its highest growth?
What are the key drivers and restraints of the market’s growth?
How has the global Cloud Backup & Recovery Market performed so far and how will it perform in the coming years?
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
What is the breakup of the market based on the wavelength?
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Our Free Sample Report Includes:
Updated Report Introduction, Overview, and In-depth industry analysis
COVID-19 Pandemic Outbreak Impact Analysis Included
Provide Chapter-wise guidance on Request
Updated Regional Analysis with Graphical Representation of Size, Share & Trends
Includes Updated List of table & figures
Segmentation :
Emergen Research has segmented the global cloud backup & recovery market on the basis of type, user type, end-use, and region.
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
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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The report provides a comprehensive analysis in an organized manner in the form of tables, graphs, charts, figures, and diagrams. The organized data paves the way for thorough examination and research of the current and future outlook of the market. The report further offers a thorough SWOT and Porter’s Five Forces analysis to impart a better understanding of the competitive landscape of the Hearing Aids market.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Cloud Backup & Recovery Market Segmentation & Impact Analysis
4.1. Cloud Backup & Recovery Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing cloud computing adoption by organizations
4.2.2.2. Growing demand for remote data backup and restoration to enhance business outcomes
4.2.2.3. Rising need to reduce downtime with better backup and recovery solutions
4.2.2.4. Increasing adoption of Software as a Service (SaaS)
4.2.3. Market restraints analysis
4.2.3.1. Cloud storage security and privacy issues
4.2.3.2. Time-consuming recovery process
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Cloud Backup & Recovery Market By Type Insights & Trends Revenue (USD Billion) Continued ….
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About Emergen Research
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