The backup and recovery market players continue to experience rise in demand for their products and services. This is majorly due to the demand for securing data from cyber attackers. Over the years, the demand for backup and recovery products and services were high among the large enterprises; however, in the recent years, numerous SMEs are also investing substantial amount on the same, which is catalyzing the backup and recovery market.
MARKET DYNAMICS
The growing number of industry verticals opting for backup and recovery market products is showcasing increased demand for the same, which is driving the backup and recovery market. The increasing instances of data breach and data loss, the enterprise irrespective of size, are capitalizing on backup and recovery solutions. This is driving the backup and recovery market. Increase in awareness related to the benefits of these solutions among the SMEs in the developing countries would offer ample opportunities for backup and recovery market players to grow their businesses in the developing countries over the years.
MARKET SCOPE
The "Global Backup and Recovery Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the backup and recovery market with detailed market segmentation- type, component, application, enterprise size, verticals, and geography. The global backup and recovery market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading backup and recovery market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global backup and recovery market is segmented on the basis of type, component, application, enterprise size, and vertical. Based on type, the backup and recovery market is segmented into automatic backup and manual backup. Based on component, the backup and recovery market is bifurcated as software and services. The application segment in the backup and recovery market include email backup, application backup, and media storage backup. Based on enterprise size, SMEs and large enterprises are considered in backup and recovery market. On the basis of vertical, the backup and recovery market is segmented into BFSI, IT and telecommunication, retail, healthcare, media and entertainment, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global backup and recovery market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The backup and recovery market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the backup and recovery market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for each regions namely North America, Europe, APAC, MEA, and SAM showcasing factors affecting the backup and recovery market.
MARKET PLAYERS
The reports cover key developments in the backup and recovery market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from backup and recovery market are anticipated to lucrative growth opportunities in the future with the rising demand for backup and recovery in the global market. Below mentioned is the list of few companies engaged in the backup and recovery market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the backup and recovery market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- CA Technologies
- Commvault
- Dell
- HP
- IBM
- Microsoft
- NetApp
- Oracle
- Veeam
- Veritas
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.