Global Cloud Data Back-Up Recovery Market Forecast to 2027
The Global Cloud Data Back-Up Recovery Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Cloud Data Back-Up Recovery Market studies the market scenario to offer growth projections for the Cloud Data Back-Up Recovery industry for the forecast period of 2020-2027. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
According to a recent Emergen Research study, the global Cloud Data Backup & Recovery Market will be worth USD 19.91 billion by 2027. The growing adoption of cloud computing, rising demand for computer data storage, and rising demand for data centres are expected to drive the cloud data backup and recovery market. The use of virtualization technology in data centres enables enterprises to reduce capital expenditures and optimise resources by utilising a limited number of physical servers. Computer virtualization has the potential to reduce the cost of a data centre by approximately 25%. This strategy is now being adopted by the majority of data centres, which is expected to drive market growth even further.
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Competitive Terrain:
The global Cloud Data Back-Up Recovery industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Dell Inc., Microsoft Corporation, IBM Corporation, Oracle Corporation, Acronis International GmbH, CA Technologies, Hewlett Packard Enterprise, Commvault, Veeam Software, NetApp, Inc.
Research Report on the Cloud Data Back-Up Recovery Market Addresses the Following Key Questions:
- Who are the dominant players of the Cloud Data Back-Up Recovery market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Cloud Data Back-Up Recovery market?
- What are the key growth drivers and restraining factors of the Cloud Data Back-Up Recovery market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Cloud Data Back-Up Recovery market and its key segments?
Market Overview:
The report bifurcates the Cloud Data Back-Up Recovery market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
-
Software Outlook (Revenue, USD Billion; 2017-2027)
- Data Reduction
- Data Replication
- Data Retention
-
End-Use Outlook (Revenue, USD Billion; 2017-2027)
- Retail
- Manufacturing
- BFSI
- IT and Telecommunications
- Healthcare
- Education
- Government
- Others
-
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
- North America
Regional Landscape section of the Cloud Data Back-Up Recovery report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- 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 section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Cloud Data Back-Up Recovery market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Points of the Geographical Analysis:
- Data and information related to the consumption rate in each region
- Estimated increase in the consumption rate
- Proposed growth of the market share of each region
- Geographical contribution to market revenue
- Expected growth rate of the regional markets
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