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(Wireless-NewsWire.Com, March 13, 2018 ) Cloud backup involves backing up of electronic data by sending a copy of the data over the proprietary or public network to a remote network server. Recovery and cloud backup play a vital role in business continuity strategy. The adoption of cloud backup provides additional benefits such as cost saving, and security, storage, and virtualization of the data. Cloud storage solutions provide infrastructure and application support to enterprises at a lower cost than on-premises storage solutions.
Cloud Backup & Recovery Software Market by Deployment Model, User Type, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global Cloud Backup & Recovery Software Market was valued at $4,950 million in 2016, and is projected to reach at $22,228 million by 2023, growing at a CAGR of 24.2% from 2017 to 2023. In 2016, the hybrid segment accounted for the highest revenue share in the global market.
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This report focuses on the top players in global market, like
IBM, CA Technologies, EMC, CommVault, Microsoft, Symantec, Veeam Software, Evault, HP, Acronis.
Hybrid is expected to grow at a significant pace during the forecast period. The IT & telecom segment led the market in 2017, and is expected to continue to this trend in the near future. Furthermore, North America is expected to dominate overall market during the forecast period, as it is the highest adopter of cloud storage solutions.
Segment Review
The global cloud backup & recovery market is segmented on the basis of deployment model, user type, industry vertical, and region. Deployment models covered in this study include private, public, and hybrid. Based on user type, the market is bifurcated into large enterprises and small & medium enterprises. On the basis of industry vertical, it is divided into BFSI, government, healthcare, telecom & IT, retail, manufacturing, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The report focuses on the growth prospects and restraints of the market based on the analysis of regional trends. The study provides Porters Five Forces analysis of the industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the growth of the market.
Table Of Content:-
1 Industry Overview
2 Global Cloud Backup and Recovery Software Competition Analysis by Players
3 Company (Top Players) Profiles
4 Global Cloud Backup and Recovery Software Market Size by Application (2012-2017)
5 USA Cloud Backup and Recovery Software Development Status and Outlook
6 EU Cloud Backup and Recovery Software Development Status and Outlook
7 Japan Cloud Backup and Recovery Software Development Status and Outlook
8 China Cloud Backup and Recovery Software Development Status and Outlook
9 India Cloud Backup and Recovery Software Development Status and Outlook
10 Southeast Asia Cloud Backup and Recovery Software Development Status and Outlook
11 Market Forecast by Regions, Type and Application (2017-2022)
12 Cloud Backup and Recovery Software Market Dynamics
13 Market Effect Factors Analysis
15 Appendix
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