Market Synopsis
The global market for purpose-built backup appliance can obtain a valuation of USD 10 Billion by 2023, reveals Market Research Future (MRFR). The market has the potential of attaining a growth rate of 15% between 2017 and 2023, which is considered to be the forecast period.
Primary Drivers and Top Barriers
A purpose-built backup appliance can be described as a disk-based storage device, which is standalone in nature. This appliance is configured as well as optimized to store backup data and facilitates advanced protection software, easy-to-deploy, protection storage, fault detection, preconfigured appliance, healing and encryption.
The Purpose-Built Backup Appliance Market is expected to benefit from the rising focus among organizations on data protection as well as recovery infrastructure. In addition, the purpose-built backup appliance market can gain strong support from the strict regulations pertaining to data protection as well as data security from several regulatory bodies like General Data Protection Regulation.
Companies like Oracle Corporation (U.S.), Dell EMC (U.S.), Barracuda Network Inc. (U.S.), Axcient Inc. (U.S.), International Business Machines Corporation (U.S.), are some of the renowned providers of purpose-built backup appliance solution thriving in the market. Dell EMC developed an integrated data protection appliance in June 2017 in order to expand its cloud data protection portfolio. This helps customer ensure the security of the data, and if it is backed up and also protected against outages.
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Key Players
The prominent players in the purpose built backup appliance global market are – Dell EMC (U.S.), Oracle Corporation (U.S.), Axcient Inc. (U.S.), Barracuda Network Inc. (U.S.), Arcserve LLC (U.S.), International Business Machines Corporation (U.S.), Hitachi Data Systems Corporation (U.S.), Commvault Systems Inc. (U.S.), Quantum Corporation (U.S.), Hewlett Packard Enterprise Company (U.S.) among others.
Purpose built backup appliance Global Market Segmentation
The global Purpose Built Backup Appliance Market is bifurcated on the basis of products, components, end users and region. The products are segmented into open systems, mainframe systems and others. The components are segmented into hardware, software, services and others. The end users are segmented BFSI, government & defense, IT & telecommunications, healthcare and others. The region includes North America, Europe, Asia Pacific and rest of the world.
Market Research Analysis:
By end-user segment, the purpose-built backup appliance are gaining demand in the market as these solutions are integrated with the backup application. It has ProtectPoint with data domain which offers an alternative to the backup-server-centric approach. It has the ability to scale the performance of the system without overhead for the security, reliability and others.
By Region, MRFR analysis shows that the comprehensive understanding of market dynamics, the global purpose-built backup appliance market is analyzed across key geographies namely North America, Europe, China, Japan, India and among others. In North America region, the purpose-built backup appliance is gaining demand in the industry as it is offering high performance of up to 10X faster in securing the data. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
The global purpose-built backup appliance market is bifurcated on the basis of products, components, end users and region. The products are segmented into open systems, mainframe systems and others. The components are segmented into hardware, software, services and others. The end users are segmented retail, government & defense, IT & telecommunications, healthcare and others. The region includes North America, Europe, Asia Pacific and rest of the world.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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TABLE OF CONTENTS
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure:
1.3.1 Global Purpose-Built Backup Appliance Market: By Products
1.3.2 Global Purpose-Built Backup Appliance Market: By Components
1.3.3 Global Purpose-Built Backup Appliance Market: By End Users
1.3.4 Global Purpose-Built Backup Appliance Market: By Region
2 Research Methodology
2.1 Research
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
3 Market Dynamics
3.1 Introduction
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
4 Executive Summary
Continued….
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The Purpose-Built Backup Appliance (PBBA) Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the purpose-built backup appliance (PBBA) market include Arcserve LLC, Axcient Inc., Barracuda Network Inc., Commvault Systems Inc., Dell Inc., EMC Corporation, Hewlett Packard Enterprise Company, Hitachi Data Systems Corporation, International Business Machines Corporation, Oracle Corporation, Quantum Corporation, and Others.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Purpose-Built Backup Appliance (PBBA) Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/purpose-built-backup-appliance-pbba-market/download-sampleMarket DynamicsThe increasing focus of enterprises on data protection and recovery infrastructure is driving the market growth.
The stringent rules and regulations about data protection and data security such as GDPR (General Data Protection Regulation) are further boosting the demand for purpose-built backup appliances.
However, the high initial cost associated with the PBBAs is likely to hamper the market growth.
The HybriStor is a next generation data protection solution with PBBA capabilities that meets the data recovery requirements of businesses.
These solutions are recovery point objective, rapid recovery time objectives and ease-of-use to the next level, delivering an industry-leading secondary storage solution.
These archive windows offer improved recovery times, up to 95% reduced storage data transmission and consumption by duplicating, reduced storage consumption, compressing data before storing to disk and others.
These HybriStor appliances are connected to the direct-attached storage for providing unprecedented recovery point objectives (RPO) and rapid recovery time objectives (RTO) performance.Get PR Details @ https://www.marketresearchfuture.com/press-release/purpose-built-backup-appliance-marketIn North America region, the purpose-built backup appliance demand is growing as PBBA solutions are designed with maximum capacity for the optimizing the data de-duplication that enables customers to manage their ever-growing volumes of backup data.
This results is high performance, low memory demands, and massive improvements in storage efficiency.The global purpose-built backup appliance market is growing rapidly over ~15% of CAGR and is expected to reach at USD ~ 10 Billion by the end of forecast period.Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report.
Avail the in-depth table of content TOC & market synopsis on “The Global Purpose-Built Backup Appliance Market Research Report -Forecast to 2023”.Market Research Analysis:On geographic basis, global purpose-built backup appliance market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world.
According to a new market report published by Transparency Market Research, the global purpose-built backup appliance (PBBA) market was valued at US$ 3,427.9 Mn in 2016 and is expected to expand at a CAGR of 9.3% from 2018 to 2026, reaching US$ 8,114.6 Mn by the end of the forecast period.
Request a Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S_id=47481Increasing need for data storage and protection drives the purpose-built backup appliance (PBBA) marketPurpose-built backup appliance (PBBA) is a complete backup and recovery solution that includes software solutions such as file systems, disk systems, and object storage.
Purpose-built backup appliance (PBBA) solutions are specifically designed for enterprises to protect enterprise data for backup and recovery.
Moreover, these solutions are used to store and protect enterprise information in data centers or on hosted storage systems.Purpose-built Backup Appliance (PBBA) Market: Scope of the ReportThe global market for purpose-built backup appliance (PBBA) has been segmented on the basis of system, component, enterprise size, industry vertical, and region.
Professional services are sub-segmented into installation and integration, and support and maintenance.
In terms of enterprise size, the market has been fragmented into small & medium enterprises (SMEs) and large enterprises.
