Data Backup and Recovery Market Size, Trends & Analysis – Forecasts To 2025

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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Data Backup and
Recovery Market Market Insights The global data
backup and recovery market is anticipated to grow
at an exponential rate over the forecast period.
The data backup and recovery software is widely
accepted by a large number of end users as it
provides automated, reliable, cost-effective,
secure, and scalable solutions to enterprises
and also ensures business continuity in the event
of any mishap. Data backup and recovery system
is the process of backing up data in case of a
loss and setting up systems that enable data
recovery due to data loss. Internet of Things
installations will generate huge volume of
data. The companies decide which types of
IoT-related data should be backed up in the
cloud for safekeeping, according to their
requirements. The advanced backup system with
analytics application prioritizes data backups
and ensures the right data is readily available
whenever required. The demand for data backup
and recovery software is likely to increase
significantly over the forecast period, due to
the growing number of cyber threats and
vulnerabilities across the globe.
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Data Backup Insights The global
data backup and recovery market is segmented into
Disks/Tape backup, Hybrid cloud backup,
Direct-to-cloud backup, based on data backup
methods. Direct-to-cloud backup segment is
anticipated to witness a lucrative CAGR over the
forecast period as it is highly efficient. In
this system, the users directly send data to the
cloud, bypassing the need for a local device.
The data is backed up in a remote data center,
without any local copy. Hybrid cloud backup
solution is likely to grow at a moderate rate
over the coming years. In this system, the data
is backed up in both local devices as well as in
a secure offsite data centre. Tape/Disk backup
segment is projected to grow at a steady rate
over the years. Tape backup entails copying data
from a hard drive to a tape cartridge for
storage, backup and recovery purposes in case of
a computer crash or other failure. Disk backup
includes copying data and other information into
a hard drive for an easy access later on. Data
Recovery Insights The global data backup and
recovery market is divided into Recovery from
local device, Recovery from cloud, Recovery
right in the cloud, based on data recovery
methods. Recovery right in the cloud segment is
anticipated to grow at a significant CAGR over
the forecast period, followed by recovery from
cloud segment. Recovery right in the cloud
solution sets up a virtual machine for the users
in the cloud itself, if local device is damaged.
The users can continue to run these applications
right from the cloud. Recovery from cloud
solution is a backup and restore strategy that
includes storing and maintaining copies of data
in a cloud computing environment. Recovery from
local device segment is anticipated to grow at a
steady rate over the years on account of
advanced cloud backup technologies. Deployment
Model Insights The global data backup and
recovery market is classified into Public,
Private and Hybrid, based on deployment
model. The cloud backup and recovery software
plays a vital role in intelligent business
continuity strategy. The public cloud segment is
likely to register a significant CAGR over the
forecast period owing to its better utilization
rate and greater economies of scale. The hybrid
cloud segment is also anticipated to grow at a
substantial rate as it alleviates data security
concerns related to cloud computing. The other
benefits associated with hybrid cloud solution
include security, storage, savings, and
virtualization.
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Moreover, many small and midsize
enterprises are developing their own private
cloud infrastructure to meet their internal
computing and storage and backup
requirements. Organization Size Insights The
global data backup and recovery market is
segmented into Small Medium-Sized Enterprises
and Large Enterprises. The increase in the
adoption rate of cloud-based solutions among
Small and Medium-sized Enterprises (SMEs) is
anticipated to boost the global data backup and
recovery market over the coming
years. Applications Insights The global data
backup and recovery market is classified into
BFSI, Consumer Goods Retail, Government
Public Sector, Healthcare Life Sciences,
Manufacturing, Media Entertainment, and
Telecommunication, based on applications. Manufac
turing sector accounted for a dominant market
share in 2016 and is further anticipated to
register significant CAGR over the forecast
period. Factors such as rising demand for secure
efficient data access coupled with storage
solution and low cost is anticipated to boost the
growth of this segment over the coming
years. Regional Insights North America
accounted for a significant market share in 2016.
The market in Asia Pacific is expected to
witness highest CAGR over the forecast period.
The regional growth is primarily attributed to
the development of their IT infrastructure and
manufacturing sector. The industries,
particularly from China and India are gradually
exploring new technologies and capabilities to
make full use of their existing systems and
data. However, the growing number of SMEs and
large organizations in this region is projected
to contribute to the growth of the market over
the forecast period. End-Use Landscape The
end-use landscape includes a list of current and
prospective consumers prevailing across the
regions. This section provides company addresses,
contact details, products, and regional presence
of companies who are purchasing or are likely to
purchase products from the data backup and
recovery market. The major consumers of the
product are ATT Inc. and ICBC among others.
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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS

• Competitor Analysis
• Some of the leading vendors profiled in the
  global data backup and recovery market include
  Microsoft, Datto, Inc., Veritas Technologies,
  Dell EMC, IBM, Veeam, Commvault, and HPE,
  Arcserve among others.
• The report segments the Data Backup and Recovery
  Market on the basis of By Data Backup
• Disks/Tape backup
• Hybrid cloud backup
• Direct-to-cloud backup
• By Data Recovery
• Recovery from local device
• Recovery from cloud
• Recovery right in the cloud
• By Deployment Model
• Public, Private
• Hybrid

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• GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
• By Organization Size
• Small and Medium-Sized Enterprises
• Large Enterprises
• By Application
• BFSI
• Consumer Goods Retail
• Government Public Sector
• Healthcare Life Sciences
• Manufacturing
• Media Entertainment
• Telecommunication
• By Region

This article contains text from the Data
Backup and Recovery Market Size, Trends
Analysis Forecasts To 2025report prepared by
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