Cloud Backup Market By Service (Infrastructure-As-A-Service, Software As A Services, Integration Is A Service and Platform-As-A-Service), Solution Type (Support & Maintenance, Training & Consulting, Managed Services and Cloud Integration & Migration) and End User (IT & Telecommunication, BFSI, Education, Consumer Goods And Retail and Other End Users) - Global Industry Analysis And Forecast To 2025
The cloud backup technology, otherwise referred to as online backup, is the method for backing up the information that includes sending the duplicate of the information over an exclusive or open network to the off-site server. This server is normally facilitated by the service provider that is third-party that charges the client opting for backup an expense dependent on bandwidth, number of users or capacity. In the endeavor, the server off-site may be possessed by the organization; however the chargeback technique would be comparative. Therefore, the Cloud Backup Market is anticipated to expand and has tremendous scope during the forecast period. The global Cloud Backup Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Drivers & Restrains
The driving factors of the market are; the increasing demand for this technology for the virtual machines, tis system has various advantages like the faster improvisation & usage of resources of system in better way, increasing utilization & demand for cloud computing, mobile technology, & web-based applications, growing demand from both industrial as well as commercial sector, increasing fear in the enterprises & businesses for the data loss and various other factors. The restraining factors of the market can be the time consuming process of recovery of services & solutions backed up on cloud.
The North American region is leading the global Cloud Backup Market and will showcase more rate of growth while the European region will show significant arte of growth owing to well-developed IT sector in this region, increasing utilization of various cloud based services, etc.
Cloud Backup Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Code42 Software Inc.
Amazon Web Services.
Barracuda Networks Inc.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?