1. Market Research
  2. > ICT
  3. > Cybersecurity Market Trends
Data Backup and Recovery Market by Software, Application, Service, Deployment Type, Organization Size, Vertical And Region - Global Forecast to 2022

Data Backup and Recovery Market by Software, Application, Service, Deployment Type, Organization Size, Vertical And Region - Global Forecast to 2022

  • December 2017
  • 144 pages
  • ID: 5248745
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

The data backup and recovery market is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period owing to growing amount of data and increasing adoption of cloud data backup solutions
The global data backup and recovery market size is expected to grow from USD 7.13 billion in 2017 to USD 11.59 billion by 2022, at a CAGR of 10.2% during the forecast period. Data backup and recovery software and solutions play a vital role to protect, replicate, and retain data in case of any manual or natural disaster.

Increasing adoption of cloud data backup solutions and the enormous growth of data are driving the adoption of reliable data backup and recovery software and services among enterprises. Regular data backups are vital insurance against a data-loss catastrophe. Data backup process involves copying and archiving enterprise data, so that it is accessible in case of data deletion or corruption. Vendors are majorly offering data backup and recovery solutions in the form of customized software and as a service popularly known as Backup as a Service (BaaS) to their commercial customers in the global market

Education vertical is expected to grow at the highest CAGR during the forecast period.
With the advent of e-learning and online exam practices, the amount of data being generated is huge and is very crucial. With such large volumes of data there arises the need to back it up to ensure the smooth operational functioning of educational institutions. The education vertical relies on on-demand applications for business operations, from student and office staff records to research and content, to administrative information and other important data. Moreover, it recognizes the unique needs of the education space and develop a platform that provides the best mix of local, virtual, and cloud solutions

The cloud segment is expected to hold the largest market size in the data backup and recovery market during the forecast period.
Cloud solutions help to reduce the downtime on the occurrence of any loss and help to locate the data easily. Also, it offers increased scalability, as it allows to increase the storage limit easily. The pay-as-you-use model helps organizations of all the sizes to be cost effective. SMEs prefer cloud-based deployment, as cloud-based solutions are cost effective and easy to deploy. With the adoption of these solutions, small enterprises are able to secure their data, thus improving customer services

North America is expected to have the largest market size, and Asia Pacific (APAC) is projected to grow at the highest rate during the forecast period.
North America is expected to hold the largest market share in the data backup and recovery market during the forecast period. The government initiatives and regulatory policies, such as Payment Card Industry Data Security Standard (PCI DSS) and Sarbanes–Oxley (SOX) to promote the adoption of data backup and recovery software and associated services in the region. Furthermore, North America is witnessing the increasing adoption of cloud with IoT to handle the massive amount of data generated from smart devices. These developments are boosting the adoption of data backup and recovery solutions in the North American region

The APAC region is expected to witness significant growth and is projected to be the fastest-growing region in the global data backup and recovery market. APAC has witnessed advanced and dynamic adoption of new technologies and has always been a lucrative market. Various enterprises in APAC, across industry verticals, need to manage the heterogeneity in enterprise data and to protect the same. Moreover, the growing number of cloud services and smart devices is driving the need for reliable backup and disaster recovery software beyond traditional boundaries, these marketplaces are expected to witness significant adoption of data backup and recovery services during the forecast period.

In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.

The break-up of the profiles of primary participants is as follows:
• By Company: Tier 1 – 30 %, Tier 2 – 40%, and Tier 3 – 30%
• By Designation: C-Level – 72%, Director Level – 14%, and Others – 14%
• By Region: North America – 57%, Europe – 14%, APAC and ROW – 29%
The data backup and recovery market includes various major vendors such as IBM (US), CA Technologies (US), Commvault, (US), Dell (US), HPE (US), Oracle (US), Microsoft (US), Veritas Technologies (US), Acronis (US), NetApp (US), Unitrends (US) and Veeam (US).

Research Coverage:
The report includes an in-depth competitive analysis of the key players in the data backup and recovery market along with their company profiles, recent developments, and key market strategies. The report segments the data backup and recovery market by component (software and service), application, organization size, deployment type, vertical, and region.

Reasons to Buy the Report:
The data backup and recovery market has been segmented on the basis of component (software and service), application, organization size, deployment, vertical, and region.

The report will help market leaders/new entrants in the data backup and recovery market in the following ways:
1. The overall data backup and recovery market revenue stream has been estimated based on the revenue generated from the vendors offering dedicated backup and recovery software and associated services
including Backup-as-a-Service (BaaS) and Disaster Recovery-as-a-Service (DRaaS).The report provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split into regions.
2. The report helps the stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
3. The report will help the stakeholders to understand the competitors and gain more insights to better their market position. The competitive landscape section includes the competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Security as a Service Market Research Report by Security Type, by Service Type, by Industry, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19

  • $ 4949 - $ 4454 - Get 10% off now!
  • July 2021
  • 190 pages

Security as a Service Market Research Report by Security Type (Application Security, Cloud Security, and Database Security), by Service Type (Consulting Services, Managed Services, and Professional Services), ...

  • World
  • ICT
  • Internet Security
  • Industry analysis

ref:plp2017

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on