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Global Cloud Backup Market 2017-2018 & 2023 - High Adoption Rate Of Hybrid Cloud & Growing Adoption Among SMEs

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Research and Markets

Apr 05, 2018, 01:30 ET

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DUBLIN, April 5, 2018 /PRNewswire/ --

The "Global Cloud Backup Market Research Report,Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report has been added to ResearchAndMarkets.com's offering.

The global cloud backup market is expected to rise with a CAGR of 26% during forecast period 2016-2023.

The key factors driving the growth of global cloud backup market are generation of huge quantity of data, rising adoption of Software as a Service (SaaS), cloud storage provide low cost application and infrastructure, increasing demand for cloud storage solution for secure and efficient data access.

Geographically, North America is the leading region for global cloud backup market in terms of market revenue share. This is due to workload shift to cloud environment. However, Asia-Pacific is expected to emerge as the fastest growing region over forecast period 2016-2023 due to huge quantity data generation which have promoted the adoption of data management services, with the cloud environment are driving the market growth in this region. Enterprises in Asia-Pacific, mainly India and China are developing their IT infrastructure through the new technology for optimum utilization of existing systems and data.

Global cloud backup market is influenced by presence of leading companies such as Acronis International GmbH, Asigra Inc., Commvault, Microsoft Corporation, Veeam Software etc. Product launch, joint venture, merger and acquisition are some of the crucial strategies adopted by the key market players to gain competitive advantage.

On the basis of component, market is segmented into solution and services. Solution is the dominating component segment owing to the increased adoption of cloud based solutions due to its various advantages such as real time backup and recovery, data deduplication, simple management and monitoring of huge volumes of data, enhanced customer support. On the basis of service provider, market is segmented into cloud service providers, managed service providers, telecom and communication service providers etc. Cloud service providers is the dominating service provider segment owing to the increased adoption of cloud platforms such as Software as a Service, Platform as a Service, Infrastructure as a Service, etc.

Public cloud deployment is the dominating segment owing to the development of novel methods by the enterprises to reduce the cloud backup cost and enhance the operational benefits. On the basis of organization size, market is segmented into small and medium-sized enterprises and large enterprises. Large enterprises is the leading segment.

According to the European Commission, in 2016, the use of cloud computing in large enterprises was increased by approx. 10% in European countries compared to 2014, 21% of enterprises were using cloud computing for storage of files into electronic form and email hosting in 2016.

Key Topics Covered:

1. Introduction
1.1. Executive Summary
1.2. Estimation Methodology

2. Market Overview
2.1. Global Cloud Backup Market: Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Regulatory Framework
2.5. Total Market Analysis
2.5.1. Top 5 Findings
2.5.2. Top 5 Opportunity Markets
2.5.3. Top 5 Companies
2.5.4. Top 3 Competitive Strategies
2.6. Estimation Analysis
2.7. Strategic Analysis
2.8. Competitive Analysis
2.9. Strategic Recommendations & Key Conclusions

3. Market Determinants
3.1. Market Drivers
3.1.1. Generation Of Huge Quantity Of Data
3.1.2. Rising Adoption Of Software As A Service (Saas)
3.1.3. Cloud Storage Provide Low Cost Application And Infrastructure
3.1.4. Increasing Demand For Cloud Storage Solution For Secure & Efficient Data Access
3.2. Market Restraints
3.2.1. Compatibility Concerns For Certain Applications With The Cloud Environment
3.2.2. Growing Concern For Data Privacy
3.3. Market Opportunities
3.3.1. High Adoption Rate Of Hybrid Cloud
3.3.2. Growing Adoption Among Smes
3.4. Market Challenges
3.4.1. Increasing Complexities Of Bandwidth Limitations
3.4.2. Difficulty In Achieving Compliance

4. Market Segmentation
4.1. Global Cloud Backup Market By Component
4.1.1. Market Definition And Scope
4.1.2. Decision Support Database & Estimation Methodology
4.1.3. Comparative Analysis Across Market Segments
4.1.4. Opportunity Matrix
4.1.5. Market Segmentation
4.1.5.1. Global Solution Market
4.1.5.2. Global Services Market
4.2. Global Cloud Backup Market By Service Provider
4.2.1. Market Definition And Scope
4.2.2. Decision Support Database & Estimation Methodology
4.2.3. Comparative Analysis Across Market Segments
4.2.4. Opportunity Matrix
4.2.5. Market Segmentation
4.2.5.1. Global Cloud Service Providers Market
4.2.5.2. Global Managed Service Providers Market
4.2.5.3. Global Telecom And Communication Service Providers Market
4.2.5.4. Global Others Market
4.3. Global Cloud Backup Market By Deployment Model
4.3.1. Market Definition And Scope
4.3.2. Decision Support Database & Estimation Methodology
4.3.3. Comparative Analysis Across Market Segments
4.3.4. Opportunity Matrix
4.3.5. Market Segmentation
4.3.5.1. Global Public Cloud Market
4.3.5.2. Global Private Cloud Market
4.3.5.3. Global Hybrid Cloud Market
4.4. Global Cloud Backup Market By Organisation Size
4.4.1. Market Definition And Scope
4.4.2. Decision Support Database & Estimation Methodology
4.4.3. Comparative Analysis Across Market Segments
4.4.4. Opportunity Matrix
4.4.5. Market Segmentation
4.4.5.1. Global Small And Medium-Sized Enterprises Market
4.4.5.2. Global Large Enterprises Market
4.5. Global Cloud Backup Market By Vertical
4.5.1. Market Definition And Scope
4.5.2. Decision Support Database & Estimation Methodology
4.5.3. Comparative Analysis Across Market Segments
4.5.4. Opportunity Matrix
4.5.5. Market Segmentation
4.5.5.1. Global Bfsi Market
4.5.5.2. Global Consumer Goods And Retail Market
4.5.5.3. Global Education Market
4.5.5.4. Global Government And Public Sector Market
4.5.5.5. Global Healthcare And Life Sciences Market
4.5.5.6. Global Manufacturing Market
4.5.5.7. Global Media And Entertainment Market
4.5.5.8. Global Telecommunication And Ites Market
4.5.5.9. Global Others Market

5. Competitive Landscape
5.1. Key Strategies
5.1.1. List Of Mergers And Acquisitions
5.1.2. List Of Joint Ventures
5.1.3. List Of Product Launches
5.1.4. List Of Partnerships

6. Geographic Analysis
6.1. Decision Support Database & Estimation Methodology
6.2. Comparative Analysis Across Market Segments
6.3. Opportunity Matrix
6.4. Global Cloud Backup Market By Region 2014-2023

7. Company Profiles

  • Acronis International Gmbh (Switzerland)
  • Asigra Inc. (Canada)
  • Barracuda Networks, Inc. (U.S.)
  • Carbonite Inc. (U.S.)
  • Code42 Software Inc. (U.S.)
  • Commvault (U.S.)
  • Datto Inc. (U.S.)
  • Dell Emc (U.S.)
  • Druva Software (U.S)
  • Efolder Inc. (U.S.)
  • Ibm Corporation (U.S.)
  • Iron Mountain Incorporated (U.S.)
  • Microsoft Corporation (U.S.)
  • Oracle Corporation (U.S.)
  • Strategic Analysis
  • Veeam Software (Switzerland)

For more information about this report visit https://www.researchandmarkets.com/research/hcxwt4/global_cloud?w=5

Media Contact:

Laura Wood, Senior Manager
[email protected]  

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SOURCE Research and Markets

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