Cloud backup is copying and storing data on a remote network of computing resources, referred as ‘cloud’. It offers several facilities such as creating, editing, managing, and restoring the data backup.
Increasing volume of data is a major factor boosting growth of the global cloud backup market over the forecast period. For instance, according to International Data Corp, the total volume of data is expected to reach 175 zettabytes in 2025, of which around 80% is expected to be unstructured data. Moreover, increasing adoption of cloud backup services is also expected to aid in growth of the market. Cloud backup offers several advantages such as larger volumes of data generation, lower costs, and greater efficiency compared to on-premises backup.
Increasing adoption of software-as-a-service (SaaS) is expected to propel growth of the global cloud backup market. For instance, in December 2019, Hoylu, a provider of Interactive Visual Collaboration solutions, signed a SaaS contract with Eni S.p.A. Moreover, availability cloud backup for virtual machines is also expected to aid in growth of the market. For instance, in January 2020, QNAP Systems choose CloudFuze as its official technology partner for providing a multi-cloud data transfer solution to its customers. Integrated with Archiware Pure 2.0, QNAP NAS can provide a backup solution for ensuring VMware virtual machines are maintained and have a safe backup.
Increasing adoption of mobile devices is expected to aid in growth of the global cloud backup market. For instance, according to Pew Research Center, 81 % of U.S. adults owned cellphones in 2019.
However, data accessibility through Internet poses the threat of identity theft, which is expected to hinder growth of the global cloud backup market.
Major players in the market are focused on adopting M&A strategies to expand their product portfolio. For instance, in January 2020, Insight Partners announced to acquire Veeam Software, a Switzerland-based cloud backup and data management vendor.
Key players in the market are also focused on launching new products to expand their product portfolio. For instance, in December 2019, Pulseway launched Pulseway Cloud Backup, a new cloud backup product as part of its existing Remote Monitoring and Management (RMM) solution.
Key Takeaways:
• Increasing adoption of SaaS is expected to augment growth of the global cloud backup market
• Risk of data theft is a major factor hindering growth of the market
• Major players operating in the global cloud backup market include Amazon Web Services, Barracuda Networks, Inc., Code42 Software, Inc., Datto, Inc., Dropbox, Inc., Druva Software, EMC Corporation, Google Inc., IBM Corporation, Pulseway, Microsoft Corporation, Oracle Corporation, Veeam Software, and VMware Inc.
Market Dynamics:
Increasing volume of data is one of the major drivers for growth of the cloud backup market. According to Coherent Market Insights, in 2016, 16.1 zettabyte of data was generated, globally. Moreover, adoption of Internet of Things is increasing the volume of data generated through connected devices. According to Coherent Market Insights, in 2016, the number of connected device was around 6.4 billion, globally. Data from these devices needs to be stored and requires huge storage space. This factor is expected to fuel demand for cloud backup. Rising adoption of Software-as-a-Service platform (SaaS), increasing digitalization, and growing use of cloud technology by small and medium enterprises is also expected to accelerate growth of the cloud backup market.
Key features of the study:
• This report provides an in-depth analysis of cloud backup market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
• It profiles leading players in the global cloud backup market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
• Key companies covered as a part of this study include Amazon Web Services, Barracuda Networks, Inc., Code42 Software, Inc., Datto, Inc., Dropbox, Inc., Druva Software, EMC Corporation, Google Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, Veeam Software, and VMware Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics
• The global cloud backup market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the cloud backup market.
Detail Cloud Backup Market Segmentation:
Global Cloud Backup Market, By Component:
Solution
Personal Backup
Business Backup
Cloud backup for Service providers
Service
Management and Customization
Professional Services
Training and consulting
Integrations
Global Cloud Backup Market, By Deployment Model:
Public cloud
Private cloud
Hybrid cloud
Global Cloud Backup Market, By Organization Size:
Small and Medium-Sized Enterprises
Large Enterprises
Global Cloud Backup Market, By Vertical:
Banking, Financial Services, and Insurance
Consumer Goods and Retail
Education
Government and Public Sector
Healthcare and Life Sciences
Manufacturing
Media and Entertainment
Telecommunication and ITeS
Others
Global Cloud Backup Market, By Region:
North America
By Segment
By Component
Solution
Personal Backup
Business Backup
Cloud backup for Service providers
Service
Management and Customization
Professional Services
Training and consulting
Integrations
By Deployment Model:
Public cloud
Private cloud
Hybrid cloud
By Organization Size
Small and Medium-Sized Enterprises
Large Enterprises
By Vertical:
Banking, Financial Services, and Insurance
Consumer Goods and Retail
Education
Government and Public Sector
Healthcare and Life Sciences
Manufacturing
Media and Entertainment
Telecommunication and ITeS
Others
By Country
U.S.
Canada
Europe
By Segment
By Component
Solution
Personal Backup
Business Backup
Cloud backup for Service providers
Service
Management and Customization
Professional Services
Training and consulting
Integrations
By Deployment Model:
Public cloud
Private cloud
Hybrid cloud
By Organization Size
Small and Medium-Sized Enterprises
Large Enterprises
By Vertical:
Banking, Financial Services, and Insurance
Consumer Goods and Retail
Education
Government and Public Sector
Healthcare and Life Sciences
Manufacturing
Media and Entertainment
Telecommunication and ITeS
Others
By Country
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Segment
By Component
Solution
Personal Backup
Business Backup
Cloud backup for Service providers
Service
Management and Customization
Professional Services
Training and consulting
Integrations
By Deployment Model:
Public cloud
Private cloud
Hybrid cloud
By Organization Size
Small and Medium-Sized Enterprises
Large Enterprises
By Vertical:
Banking, Financial Services, and Insurance
Consumer Goods and Retail
Education
Government and Public Sector
Healthcare and Life Sciences
Manufacturing
Media and Entertainment
Telecommunication and ITeS
Others
By Region
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
By Segment
By Component
Solution
Personal Backup
Business Backup
Cloud backup for Service providers
Service
Management and Customization
Professional Services
Training and consulting
Integrations
By Deployment Model:
Public cloud
Private cloud
Hybrid cloud
By Organization Size
Small and Medium-Sized Enterprises
Large Enterprises
By Vertical:
Banking, Financial Services, and Insurance
Consumer Goods and Retail
Education
Government and Public Sector
Healthcare and Life Sciences
Manufacturing
Media and Entertainment
Telecommunication and ITeS
Others
By Country
Brazil
Mexico
Rest of Latin America
Africa
By Segment
By Component
Solution
Personal Backup
Business Backup
Cloud backup for Service providers
Service
Management and Customization
Professional Services
Training and consulting
Integrations
By Deployment Model:
Public cloud
Private cloud
Hybrid cloud
By Organization Size
Small and Medium-Sized Enterprises
Large Enterprises
By Vertical:
Banking, Financial Services, and Insurance
Consumer Goods and Retail
Education
Government and Public Sector
Healthcare and Life Sciences
Manufacturing
Media and Entertainment
Telecommunication and ITeS
Others
By Country
North Africa
Central Africa
South Africa
Middle East
By Segment
By Component
Solution
Personal Backup
Business Backup
Cloud backup for Service providers
Service
Management and Customization
Professional Services
Training and consulting
Integrations
By Deployment Model:
Public cloud
Private cloud
Hybrid cloud
By Organization Size
Small and Medium-Sized Enterprises
Large Enterprises
By Vertical:
Banking, Financial Services, and Insurance
Consumer Goods and Retail
Education
Government and Public Sector
Healthcare and Life Sciences
Manufacturing
Media and Entertainment
Telecommunication and ITeS
Others
By Country
GCC
Israel
Rest of Middle East
** Company Profiles
Microsoft Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Oracle Corporation
IBM Corporation
Amazon Web Services.
EMC Corporation
Google Inc.
VMware Inc.
Dropbox, Inc.
Barracuda Networks, Inc.
Veeam Software
Datto, Inc.
Druva Software
Code42 Software, Inc.
Section
References
Research Methodology
About us and Sales Contact
*Browse all the market data tables and figures on "Global Cloud Backup Market - Global forecast to 2025”.
Table of Contents
1. Research Objective and assumption
o Research Objectives
o Assumptions
o Abbreviations
2. Market Purview
o Report Description
? Market Definition and Scope
o Executive Summary
? Market Snippet By Component
? Market Snippet By Deployment Model
? Market Snippet By Organisation Size
? Market Snippet By Vertical
? Market Snippet By Region
o Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
? Drivers
? Restraints
? Market Opportunities
? Regulatory Scenario
? Industry Trend
? Merger and Acquisitions
? New Product Approvals/Launch
4. Global Cloud Backup Market, By Component, 2015 - 2025 (USD Million)
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Segment Trends
o Solution
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
? Segment Trend
? Personal Backup
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
? Business Backup
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
? Cloud backup for Service providers
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Services
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
? Segment Trend
? Management and Customization
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
? Professional Services
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
? Training and consulting
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
? Integrations
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
5. Global Cloud Backup Market, By Deployment Model, 2015 - 2025 (USD Million)
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Segment Trends
o Public cloud
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Private cloud
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Hybrid cloud
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
6. Global Cloud Backup Market, By Organisation Size, 2015 - 2025 (USD Million)
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Segment Trends
o Small and Medium-Sized Enterprises
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Large Enterprises
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
7. Global Cloud Backup Market, By Vertical, 2015 - 2025 (USD Million)
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Segment Trends
o Banking, Financial Services, and Insurance
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2015 - 2025, (USD Million)
o Consumer Goods and Retail
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2015 - 2025, (USD Million)
o Education
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2015 - 2025, (USD Million)
o Government and Public Sector
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2015 - 2025, (USD Million)
o Healthcare and Life Sciences
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2015 - 2025, (USD Million)
o Manufacturing
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2015 - 2025, (USD Million)
o Media and Entertainment
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2015 - 2025, (USD Million)
o Telecommunication and Ites
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2015 - 2025, (USD Million)
o Others
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2015 - 2025, (USD Million)
8. Global Cloud Backup Market, By Regions, 2015 - 2025 (USD Million)
o Introduction
? Market Share Analysis, By Region, 2016 and 2025 (%)
o North America
? By Country
? U.S.
? Canada
? By Segment
? Market Size and Forecast, By Deployment Model, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Application, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Vertical, 2015 - 2025 (USD Million)
o Europe
? By Country
? Germany
? UK
? France
? Italy
? Spain
? Russia
? Rest of Europe
? By Segment
? Market Size and Forecast, By Deployment Model, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Application, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Vertical, 2015 - 2025 (USD Million)
o Asia Pacific
? By Country
? China
? India
? Japan
? Australia
? South Korea
? ASEAN
? Rest Of Asia Pacific
? By Segment
? Market Size and Forecast, By Deployment Model, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Application, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Vertical, 2015 - 2025 (USD Million)
o Latin America
? By Country
? Brazil
? Mexico
? Rest Of Asia Pacific
? By Segment
? Market Size and Forecast, By Deployment Model, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Application, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Vertical, 2015 - 2025 (USD Million)
o Africa
? By Country
? South Africa
? Central Africa
? North Africa
? By Segment
? Market Size and Forecast, By Deployment Model, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Application, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Vertical, 2015 - 2025 (USD Million)
o Middle East
? By Country
? GCC
? Israel
? Rest Of Middle East
? By Segment
? Market Size and Forecast, By Deployment Model, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Application, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Vertical, 2015 - 2025 (USD Million)
9. Competitive Landscape
o Company Profiles
? Microsoft Corporation
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Oracle Corporation
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? IBM Corporation
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Amazon Web Services.
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? EMC Corporation
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Google Inc.
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? VMware Inc.
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Dropbox, Inc.
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Barracuda Networks, Inc.
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Veeam Software
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Datto, Inc.
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Druva Software
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Code42 Software, Inc.
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
o Analyst Views
10. Section
o References
o Research Methodology
o About us and Sales Contact
*Browse all the market data tables and figures on "Cloud Backup (CGM) Market - Global forecast to 2025".
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