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Global Cloud Backup & Recovery Software Market Attractiveness, Competitive Landscape and Key Players Veritas Technologies LLC, Veeam Software, Commvault, IBM Corporation, Dell EMC

02-20-2020 03:14 PM CET | IT, New Media & Software

Press release from: ReportsWeb

Cloud Backup & Recovery Software Market

Cloud Backup & Recovery Software Market

Cloud or online backup is a process involving backing up of electronic data by sending a copy of the data over the proprietary or public network to a remote network server. The server is usually hosted by a third party service provider which charges the customer fees based on backup file, bandwidth, number of users and capacity. Cloud backup and recovery software securely copy the files to many servers. It is also encrypted so that no user can view them and protect the data from viruses and hackers. The adoption of cloud backup provides additional benefits such as cost saving, security, storage, virtualization, fast and easy access to backed up files.

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Global cloud backup & recovery market is dominated by the key players such as Veritas Technologies LLC, Veeam Software, Commvault, IBM Corporation, Dell EMC, CA Technologies, Symantec Corporation, Microsoft Corporation, Hewlett Packard Enterprise, and Actifio Inc.

Increasing focus on reducing IT expenditure drives the global cloud backup & recovery software market. Moreover, rising demand for cloud based services across several industry verticals and growing backup requirements of enterprises drives the growth of the global cloud backup & recovery software market. However, latency in data retrieval and interruptions as well as storage management and securing backups are expected to impede the market growth. Increasing adoption of these solutions among SME's and emergence of new trends such as Infrastructure as a service (IaaS), IoT in the market is expected to provide numerous opportunities for the market.

BY DEPLOYMENT MODEL
Private
Public
Hybrid

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The Cloud Backup & Recovery Software Market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Cloud Backup & Recovery Software Market based on product and application. It also provides market size and forecast till 2026 for overall Cloud Backup & Recovery Software Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America and Central America (SCAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Cloud Backup & Recovery Software Market, By Component
Chapter 5: Cloud Backup & Recovery Software Market, By Deployment
Chapter 6: Cloud Backup & Recovery Software Market, By Organization Size
Chapter 7: Cloud Backup & Recovery Software Market, By Application
Chapter 8: Cloud Backup & Recovery Software Market, By Region
Chapter 9: Competitive Landscape
To Continue...

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