Cloud Backup Solutions 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 Cloud Backup
Solutions Market
Cloud Backup Solutions Market Insights The
global cloud backup solutions market is
anticipated to grow at an exponential rate over
the forecast period. The cloud backup solutions
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. Cloud backup solution
is the process of backing up of data in case of a
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
cloud backup solutions and ensures the right
data is readily available whenever required. The
demand for cloud backup solution 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 Cloud Backup Solutions Market Data
Backup Insights The global cloud backup solutions
market is segmented into Hybrid cloud backup
solutions and Direct-to-cloud backup solutions
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. Cloud Backup Solutions Market
Deployment Model Insights The global cloud backup
solutions market is classified into Public,
Private and Hybrid, based on deployment
model. The cloud backup system 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. Moreover,
many small and midsize enterprises are developing
their own private cloud infrastructure to meet
their internal computing and storage and backup
requirements. Cloud backup Solutions Market
Organization Size Insights The global cloud
backup solutions 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 cloud backup solutions market over the
coming years.
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Cloud Backup Solutions Market
Applications Insights The global cloud backup
solutions 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. Cloud Backup Solutions Market 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
many SMEs and large organizations in this region
is projected to contribute to the growth of the
market over the forecast period. Cloud Backup
Solutions Market 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 cloud backup solutions
market. The major consumers of the product are
ATT Inc. and ICBC among others.
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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS

• Cloud Backup Solutions Market Competitor
  Analysis
• Some of the leading vendors profiled in the
  global cloud backup solutions market include
  Microsoft, Datto, Inc., Veritas Technologies,
  Dell EMC, IBM, Veeam, Commvault, and HPE,
  Arcserve among others.
• The report segments the Cloud Backup Solutions
  Market on the basis of By Data Backup
• Hybrid cloud backup solutions
• Direct-to-cloud backup
• By Deployment Model
• Public
• Private
• Hybrid
• By Organization size
• Small and Medium-Sized Enterprises
• Large Enterprises

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• GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
• By Application
• BFSI
• Consumer Goods Retail
• Government Public Sector
• Healthcare Life Sciences
• Manufacturing
• Media Entertainment
• Telecommunication
• By Region
• North America
• Europe
• Asia Pacific
• Central South America