Cloud Backup & Recovery Software Market to 2027- Actifio, Commvault, CA Technologies, Dell Technologies, Hewlett Packard Enterprise, IBM Corporation, Microsoft Corporation, Symantec Corporation, Veritas Technologies

The cloud backup & recovery software market is driven by an urge to lower additional IT overheads has raised the demand for cloud backup & recovery software throughout diversified industry users. Also, due to an increase in the number of cloud-based service providers, use of smart devices, and demand for big data, the use of advanced cloud backup is rising. These factors are responsible for the growth of cloud backup & recovery software market. Furthermore, the steady adoption rate of hybrid cloud as a deployment model is expected to gain high momentum during the forecasted period.

Cloud backup is also called as online backup. This is a strategy which used for backing up the data involving sending of a copy of data through public or a proprietary network to an off-site server. This server is hosted by the third party service provider that charges fees depending upon bandwidth, capacity, or number of users form the customer.

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The "Global Cloud Backup & Recovery Software Market Analysis to 2027" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cloud backup & recovery software market with detailed market segmentation by organization size, deployment model, application, and geography.

The global cloud backup & recovery software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Cloud backup & recovery software market players and offers key trends and opportunities in the market.

Key Vendors: Actifio Inc., Commvault, CA Technologies (Broadcom Inc.), Dell Technologies Inc., Hewlett Packard Enterprise Development LP, IBM Corporation, Microsoft Corporation, Symantec Corporation, Veritas Technologies, Veeam Software among others.

The global cloud backup & recovery software market is segmented on the basis of organization size, deployment model, and application. Based on organization size, the market is segmented into SMEs and large enterprises.

On the basis of deployment model, the cloud backup & recovery software market is segmented into private, public, and hybrid. On the basis of application, the cloud backup & recovery software market is segmented into retail, healthcare, IT and telecom, manufacturing, public sector, and others.

The 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 various segments.

It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Cloud Backup & Recovery Software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The overall Cloud Backup & Recovery Software market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market.

Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Cloud Backup & Recovery Software market.

Key highlights of the global Cloud Backup & Recovery Software market for the forecast years 2019-2027:

  • CAGR of the market during the forecast period 2019-2027
  • Detailed information on factors that will accelerate the growth of the Cloud Backup & Recovery Software market during the next five years
  • Precise estimation of the global Cloud Backup & Recovery Software market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • Growth of the Cloud Backup & Recovery Software industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of the Cloud Backup & Recovery Software companies

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Posted by on Tuesday April 23 2019, 11:46 AM EDT. All trademarks acknowledged. Filed under Business & Financial Services, Business Services, Featured Press Release, Software & Services, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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