The global Data Center Backup and Recovery Solutions market size is expected to reach USD 18.87 Billion at a revenue CAGR of 11.2% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth of Data Center Backup and Recovery Solutions can be attributed to high increase in data volume and growing use of data by enterprises to make informed decision to achieve business goals. A primary advantage of data center backup and recovery solutions is increased reliability and uninterrupted flow of business operations. Data center backup and recovery solutions allows data centers to recover data or maintain continuation of essential IT infrastructure due to various reasons, including hardware impairment, viruses, power failure, or natural disasters. Additionally, increasing digital transformation across various enterprises, especially in small and medium-sized enterprises and growing adoption of cloud-based services are fueling demand for data center backup and recovery solutions.
The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the Data Center Backup and Recovery Solutions products is expected to drive the demand for Data Center Backup and Recovery Solutions, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market. Tools such as Porter’s Five Forces Analysis, SWOT analysis, feasibility analysis, and investment return analysis are used to analyze their growth patterns and market scope for the forecast period of 2020-2027.
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The leading market contenders listed in the report are:
Dell Technologies Inc., Alphabet Inc., Commvault, Micro Focus International PLC, Arcserve LLC, IBM Corporation, Barracuda Networks Inc., Microsoft Corporation, Cohesity Inc., and Druva Inc
Key reasons to buy the Global Data Center Backup and Recovery Solutions Market report:
- The latest report comprehensively studies the global Data Center Backup and Recovery Solutions market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Data Center Backup and Recovery Solutions Market
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Solutions Type Outlook (Revenue, USD Billion; 2018–2028)
- Data Replication
- Data Reduction
- Data Retention
-
Application Outlook (Revenue, USD Billion; 2018–2028)
- Physical & Virtual Servers
- Databases
- Enterprise Applications
- Mobile Endpoints
- Public Infrastructure Platform
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Industry Vertical Outlook (Revenue, USD Billion; 2018–2028)
- Manufacturing
- Healthcare
- Education
- BFSI
- IT & Telecom
- Others
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Regional Outlook of the Data Center Backup and Recovery Solutions Market
The global Data Center Backup and Recovery Solutions market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Data Center Backup and Recovery Solutions market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Data Center Backup and Recovery Solutions Market report:
- The latest report comprehensively studies the global Data Center Backup and Recovery Solutions market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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