Data backup and recovery is the process of backing up data in case of a loss and corrupt the data and setting systems that allow recovering the data. Growing demand for data security and safety concerns also increasing the adoption of cloud storage, raising demand for the data backup and recovery market. Increasing the data among various industry verticals such as government and public sector, BSFI, IT and telecom, and other needs backup and recovery solutions that propel the growth of data backup and recovery market.
MARKET DYNAMICS
The importance of data backup and recovery is essential as equal to the amount of data create and store. The organization has very sensitive data due to viruses, and corruption of files may lose the data. To reduce this occurrence, enterprises are focusing on adopting the data backup and recovery solution, which drives the growth of the data backup and recovery market. However, cloud backup and recovery software hamper the growth of the market. A growing number of large and medium size of enterprises has huge data they need to be a store, backup, and recovery, henceforth increasing demand for the data backup and recovery market.
MARKET SCOPE
The "Global Data Backup and Recovery Market Analysis to 2028" is a specialized and in-depth study of the data backup and recovery market with a special focus on the global market trend analysis. The report aims to provide an overview of data backup and recovery market with detailed market segmentation by component, application, deployment type, enterprise size, industry vertical, and geography. The global data 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 data backup and recovery market players and offers key trends and opportunities in the data backup and recovery market.
MARKET SEGMENTATION
The global data backup and recovery market is segmented on the basis of component, application, deployment type, enterprise size, industry vertical. On the basis of component the market is segmented as software, services. On the basis of application the market is segmented as email backup, application backup, media storage backup. On the basis of deployment type the market is segmented as on-premises, cloud. On the basis of enterprise size the market is segmented as large enterprises, small and medium-size enterprises. On the basis of industry vertical the market is segmented as government and public sector, BFSI, IT and telecom, education, media and entertainment, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global data backup and recovery market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The data backup and recovery market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting data backup and recovery market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the data backup and recovery market in these regions.
MARKET PLAYERS
The reports cover key developments in the data 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 expansion of business and customer base of market players. The market players from data backup and recovery are anticipated to lucrative growth opportunities in the future with the rising demand for data backup and recovery in the global market. Below mentioned is the list of few companies engaged in the data backup and recovery market.
The report also includes the profiles of key data backup and recovery companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Acronis
- CA Technologies
- Commvault
- Dell
- HPE
- IBM
- Microsoft
- Netapp
- Oracle
- Veeam
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.