Cloud Backup Market Report 2021: Industry Size, Share, Growth, Trends, Analysis and Forecast Till 2026

Cloud Backup Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026global cloud backup market reached a value of US$ 3.2 Billion

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The global cloud backup market is primarily driven by the increasing volume of data generated across various industries. The adoption of cloud backup services is also facilitated by the emerging trend of Bring-Your-Own-Device (BYOD), which generates a massive amount of data. Cloud backup solutions are used for simple management and monitoring, real-time backup and recovery, data duplication, as well as customer support. The rising adoption of Software-as-a-Service (SaaS) among SMEs and the growing prevalence of hybrid cloud is also propelling the market growth. Furthermore, the outbreak of the COVID-19 pandemic has resulted in remote working due to stringent lockdown measures initiated by governments, which has escalated the demand for cloud backup solutions across the globe. Looking forward, IMARC Group expects the market to grow at a CAGR of 24.4% during 2021-2026.


As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.


Competitive Landscape with Key Players:

Acronis International GmbH (Acronis AG)

Amazon Web Services Inc. (Amazon.com Inc.)

Asigra Inc.

Barracuda Networks Inc. (Thoma Bravo LP)

Carbonite Inc. (OpenText Corporation)

Code42 Software Inc.

Datto Inc.

Dropbox Inc.

International Business Machines Corporation

Microsoft Corporation

Oracle Corporation

Veeam Software GmbH

Vmware Inc. (Dell Technologies).



Breakup by Component:

Solutions

Services


Breakup by Service Provider:

Cloud Service Provider

Telecom and Communication Service Provider

Managed Service Provider

Others


Breakup by Organization Size:

Large Enterprises

Small and Medium Enterprises


Breakup by Deployment Mode:

Public Cloud

Private Cloud

Hybrid Cloud


Breakup by Vertical:

BFSI

Consumer Goods and Retail

Education

Government and Public Sector

Healthcare and Life Sciences

Manufacturing

Media and Entertainment

Telecommunication and ITES

Others


Breakup by Region:

North America (United States, Canada)

Europe (Germany, France, United Kingdom, Italy, Spain, Others)

Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)


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Key highlights of the report:

Market Performance (2015-2020)

Market Outlook (2021-2026)

Market Trends

Market Drivers and Success Factors

The Impact of COVID-19 on the Global Market

Value Chain Analysis

Structure of the Global Market

Comprehensive mapping of the competitive landscape


If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.


About Us


IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.


IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


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