The latest report, titled ‘Global Cloud Backup Recovery Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Cloud Backup Recovery Market scenarios. The research report provides the reader with an in-depth interpretation of the Cloud Backup Recovery Market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Cloud Backup Recovery Market The market intelligence report is a prototype of the 360° overview of the global Cloud Backup Recovery Market , shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.
The global Cloud Backup Recovery Market is expected to reach a market size of USD 20.69 Billion by 2028 and register a high revenue CAGR, according to latest analysis by Emergen Research. Increasing cloud computing adoption by organizations is projected to drive global Cloud Backup Recovery Market growth during the forecast period. In addition, growing demand for remote data backup and restoration to enhance business outcomes is expected to augment global Cloud Backup Recovery Market growth. Furthermore, increasing adoption of Infrastructure as a Service (IaaS) cloud computing is expected to further accelerate growth of the global Cloud Backup Recovery Market going ahead. Rising adoption of cloud computing among SMEs is also expected to propel growth of the market in future.
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Key Highlights of Report
- Increasing adoption of hybrid cloud platform among enterprises is driving revenue growth of the hybrid segment currently, which is expected to register a significantly high CAGR of 14.0% over the forecast period.
- In terms of market revenue, the SME segment is expected to register steady growth during the forecast period due to increasing implementation of cloud computing in small and medium enterprises to reduce operational costs.
- BFSI segment is expected to account for the largest revenue share as compared to other end-use segments during the forecast period due to increasing implementation of Cloud Backup Recovery Market solutions in the banking industry.
Key companies profiled in the Cloud Backup Recovery Market report include:
Microsoft Corporation, Veritas Technologies LLC, Carbonite, Inc., Actifio, Inc., Acronis International GmbH, Broadcom Inc., CommVault Systems, Inc., International Business Machines Corporation, Redstor Limited, and Rackspace, Inc.
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Emergen Research has segmented the global Cloud Backup Recovery Market on the basis of type, user type, end-use, and region.
- Type Outlook (Revenue, USD Billion; 2021–2028)
- Hybrid
- Public
- Private
- User Type Outlook (Revenue, USD Billion; 2021–2028)
- SMEs
- Large Enterprise
- End-use Outlook (Revenue, USD Billion; 2021–2028)
- BFSI
- Healthcare
- Manufacturing
- Education
- Government
- Retail
- Telecommunication IT
- Others
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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