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Cloud Backup & Recovery Software-Global Market Insights and Sales Trends 2024
Synopsis
Cloud backup involves backing up of electronic data by sending a copy of the data over the proprietary or public network to a remote network server. Recovery and cloud backup play a vital role in business continuity strategy. The adoption of cloud backup provides additional benefits such as cost saving, and security, storage, and virtualization of the data. Cloud storage solutions provide infrastructure and application support to enterprises at a lower cost than on-premises storage solutions.
The global Cloud Backup & Recovery Software market size is expected to reach US$ 27080 million by 2029, growing at a CAGR of 19.6% from 2023 to 2029. The market is mainly driven by the significant applications of Cloud Backup & Recovery Software in various end use industries. The expanding demands from the BFSI, Government, Healthcare and Telecom & IT, are propelling Cloud Backup & Recovery Software market. Private, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Public segment is estimated at % CAGR for the next seven-year period.
The cloud backup & recovery software market is driven by the need for companies to reduce their IT expenditure, increase in demand for cloud-based services across several industry verticals, and surge in backup requirements of enterprises. Furthermore, emergence of IaaS and on-demand cloud providers, increased adoption of smart devices and tablets, and high demand for big data and social networking present numerous opportunities for market progression.
Hybrid is expected to grow at a significant pace during the forecast period. The IT & telecom segment led the market in 2017, and is expected to continue to this trend in the near future. Furthermore, North America is expected to dominate overall market during the forecast period, as it is the highest adopter of cloud storage solutions.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cloud Backup & Recovery Software, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cloud Backup & Recovery Software market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cloud Backup & Recovery Software market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cloud Backup & Recovery Software sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cloud Backup & Recovery Software covered in this report include Veritas Technologies LLC, Veeam Software, Commvault, IBM Corporation, Dell EMC, Broadcom, Symantec Corporation, Microsoft Corporation and Hewlett Packard Enterprise, etc.
The global Cloud Backup & Recovery Software market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Veritas Technologies LLC
Veeam Software
Commvault
IBM Corporation
Dell EMC
Broadcom
Symantec Corporation
Microsoft Corporation
Hewlett Packard Enterprise
Actifio
Global Cloud Backup & Recovery Software market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cloud Backup & Recovery Software market, Segment by Type:
Private
Public
Hybrid
Global Cloud Backup & Recovery Software market, by Application
BFSI
Government
Healthcare
Telecom & IT
Retail
Manufacturing
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Cloud Backup & Recovery Software companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Cloud backup involves backing up of electronic data by sending a copy of the data over the proprietary or public network to a remote network server. Recovery and cloud backup play a vital role in business continuity strategy. The adoption of cloud backup provides additional benefits such as cost saving, and security, storage, and virtualization of the data. Cloud storage solutions provide infrastructure and application support to enterprises at a lower cost than on-premises storage solutions.
The global Cloud Backup & Recovery Software market size is expected to reach US$ 27080 million by 2029, growing at a CAGR of 19.6% from 2023 to 2029. The market is mainly driven by the significant applications of Cloud Backup & Recovery Software in various end use industries. The expanding demands from the BFSI, Government, Healthcare and Telecom & IT, are propelling Cloud Backup & Recovery Software market. Private, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Public segment is estimated at % CAGR for the next seven-year period.
The cloud backup & recovery software market is driven by the need for companies to reduce their IT expenditure, increase in demand for cloud-based services across several industry verticals, and surge in backup requirements of enterprises. Furthermore, emergence of IaaS and on-demand cloud providers, increased adoption of smart devices and tablets, and high demand for big data and social networking present numerous opportunities for market progression.
Hybrid is expected to grow at a significant pace during the forecast period. The IT & telecom segment led the market in 2017, and is expected to continue to this trend in the near future. Furthermore, North America is expected to dominate overall market during the forecast period, as it is the highest adopter of cloud storage solutions.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cloud Backup & Recovery Software, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cloud Backup & Recovery Software market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cloud Backup & Recovery Software market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cloud Backup & Recovery Software sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cloud Backup & Recovery Software covered in this report include Veritas Technologies LLC, Veeam Software, Commvault, IBM Corporation, Dell EMC, Broadcom, Symantec Corporation, Microsoft Corporation and Hewlett Packard Enterprise, etc.
The global Cloud Backup & Recovery Software market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Veritas Technologies LLC
Veeam Software
Commvault
IBM Corporation
Dell EMC
Broadcom
Symantec Corporation
Microsoft Corporation
Hewlett Packard Enterprise
Actifio
Global Cloud Backup & Recovery Software market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cloud Backup & Recovery Software market, Segment by Type:
Private
Public
Hybrid
Global Cloud Backup & Recovery Software market, by Application
BFSI
Government
Healthcare
Telecom & IT
Retail
Manufacturing
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Cloud Backup & Recovery Software companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Cloud Backup & Recovery Software
1.1 Cloud Backup & Recovery Software Market Overview
1.1.1 Cloud Backup & Recovery Software Product Scope
1.1.2 Cloud Backup & Recovery Software Market Status and Outlook
1.2 Global Cloud Backup & Recovery Software Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Cloud Backup & Recovery Software Market Size by Region (2018-2029)
1.4 Global Cloud Backup & Recovery Software Historic Market Size by Region (2018-2023)
1.5 Global Cloud Backup & Recovery Software Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Cloud Backup & Recovery Software Market Size (2018-2029)
1.6.1 North America Cloud Backup & Recovery Software Market Size (2018-2029)
1.6.2 Europe Cloud Backup & Recovery Software Market Size (2018-2029)
1.6.3 Asia-Pacific Cloud Backup & Recovery Software Market Size (2018-2029)
1.6.4 Latin America Cloud Backup & Recovery Software Market Size (2018-2029)
1.6.5 Middle East & Africa Cloud Backup & Recovery Software Market Size (2018-2029)
2 Cloud Backup & Recovery Software Market by Type
2.1 Introduction
2.1.1 Private
2.1.2 Public
2.1.3 Hybrid
2.2 Global Cloud Backup & Recovery Software Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Cloud Backup & Recovery Software Historic Market Size by Type (2018-2023)
2.2.2 Global Cloud Backup & Recovery Software Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Cloud Backup & Recovery Software Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Cloud Backup & Recovery Software Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Cloud Backup & Recovery Software Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Cloud Backup & Recovery Software Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Cloud Backup & Recovery Software Revenue Breakdown by Type (2018-2029)
3 Cloud Backup & Recovery Software Market Overview by Application
3.1 Introduction
3.1.1 BFSI
3.1.2 Government
3.1.3 Healthcare
3.1.4 Telecom & IT
3.1.5 Retail
3.1.6 Manufacturing
3.1.7 Others
3.2 Global Cloud Backup & Recovery Software Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Cloud Backup & Recovery Software Historic Market Size by Application (2018-2023)
3.2.2 Global Cloud Backup & Recovery Software Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Cloud Backup & Recovery Software Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Cloud Backup & Recovery Software Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Cloud Backup & Recovery Software Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Cloud Backup & Recovery Software Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Cloud Backup & Recovery Software Revenue Breakdown by Application (2018-2029)
4 Cloud Backup & Recovery Software Competition Analysis by Players
4.1 Global Cloud Backup & Recovery Software Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Cloud Backup & Recovery Software as of 2022)
4.3 Date of Key Players Enter into Cloud Backup & Recovery Software Market
4.4 Global Top Players Cloud Backup & Recovery Software Headquarters and Area Served
4.5 Key Players Cloud Backup & Recovery Software Product Solution and Service
4.6 Competitive Status
4.6.1 Cloud Backup & Recovery Software Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Veritas Technologies LLC
5.1.1 Veritas Technologies LLC Profile
5.1.2 Veritas Technologies LLC Main Business
5.1.3 Veritas Technologies LLC Cloud Backup & Recovery Software Products, Services and Solutions
5.1.4 Veritas Technologies LLC Cloud Backup & Recovery Software Revenue (US$ Million) & (2018-2023)
5.1.5 Veritas Technologies LLC Recent Developments
5.2 Veeam Software
5.2.1 Veeam Software Profile
5.2.2 Veeam Software Main Business
5.2.3 Veeam Software Cloud Backup & Recovery Software Products, Services and Solutions
5.2.4 Veeam Software Cloud Backup & Recovery Software Revenue (US$ Million) & (2018-2023)
5.2.5 Veeam Software Recent Developments
5.3 Commvault
5.3.1 Commvault Profile
5.3.2 Commvault Main Business
5.3.3 Commvault Cloud Backup & Recovery Software Products, Services and Solutions
5.3.4 Commvault Cloud Backup & Recovery Software Revenue (US$ Million) & (2018-2023)
5.3.5 IBM Corporation Recent Developments
5.4 IBM Corporation
5.4.1 IBM Corporation Profile
5.4.2 IBM Corporation Main Business
5.4.3 IBM Corporation Cloud Backup & Recovery Software Products, Services and Solutions
5.4.4 IBM Corporation Cloud Backup & Recovery Software Revenue (US$ Million) & (2018-2023)
5.4.5 IBM Corporation Recent Developments
5.5 Dell EMC
5.5.1 Dell EMC Profile
5.5.2 Dell EMC Main Business
5.5.3 Dell EMC Cloud Backup & Recovery Software Products, Services and Solutions
5.5.4 Dell EMC Cloud Backup & Recovery Software Revenue (US$ Million) & (2018-2023)
5.5.5 Dell EMC Recent Developments
5.6 Broadcom
5.6.1 Broadcom Profile
5.6.2 Broadcom Main Business
5.6.3 Broadcom Cloud Backup & Recovery Software Products, Services and Solutions
5.6.4 Broadcom Cloud Backup & Recovery Software Revenue (US$ Million) & (2018-2023)
5.6.5 Broadcom Recent Developments
5.7 Symantec Corporation
5.7.1 Symantec Corporation Profile
5.7.2 Symantec Corporation Main Business
5.7.3 Symantec Corporation Cloud Backup & Recovery Software Products, Services and Solutions
5.7.4 Symantec Corporation Cloud Backup & Recovery Software Revenue (US$ Million) & (2018-2023)
5.7.5 Symantec Corporation Recent Developments
5.8 Microsoft Corporation
5.8.1 Microsoft Corporation Profile
5.8.2 Microsoft Corporation Main Business
5.8.3 Microsoft Corporation Cloud Backup & Recovery Software Products, Services and Solutions
5.8.4 Microsoft Corporation Cloud Backup & Recovery Software Revenue (US$ Million) & (2018-2023)
5.8.5 Microsoft Corporation Recent Developments
5.9 Hewlett Packard Enterprise
5.9.1 Hewlett Packard Enterprise Profile
5.9.2 Hewlett Packard Enterprise Main Business
5.9.3 Hewlett Packard Enterprise Cloud Backup & Recovery Software Products, Services and Solutions
5.9.4 Hewlett Packard Enterprise Cloud Backup & Recovery Software Revenue (US$ Million) & (2018-2023)
5.9.5 Hewlett Packard Enterprise Recent Developments
5.10 Actifio
5.10.1 Actifio Profile
5.10.2 Actifio Main Business
5.10.3 Actifio Cloud Backup & Recovery Software Products, Services and Solutions
5.10.4 Actifio Cloud Backup & Recovery Software Revenue (US$ Million) & (2018-2023)
5.10.5 Actifio Recent Developments
6 North America
6.1 North America Cloud Backup & Recovery Software Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Cloud Backup & Recovery Software Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Cloud Backup & Recovery Software Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Cloud Backup & Recovery Software Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Cloud Backup & Recovery Software Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Cloud Backup & Recovery Software Market Dynamics
11.1 Cloud Backup & Recovery Software Industry Trends
11.2 Cloud Backup & Recovery Software Market Drivers
11.3 Cloud Backup & Recovery Software Market Challenges
11.4 Cloud Backup & Recovery Software Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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