The Business Research Company’s Data Backup And Recovery Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Data Backup And Recovery Global Market Report 2023 evaluates data backup and recovery market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global data backup and recovery market size grew from $12.18 billion in 2022 to $14.15 billion in 2023 at a compound annual growth rate (CAGR) of 16.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data backup and recovery market size is expected to grow to $23.64 billion in 2027 at a CAGR of 13.7%.
The data backup and recovery market segments in the report are:
1) By Backup Type: Service Backup, Media Storage Backup, Email Backup
2) By Component: Software, Services
3) By Deployment Type: Cloud, On-Premises
4) By Industry Vertical: IT and Telecommunications, Retail, Banking, Financial Services, and Insurance, Government and Public Sector, Healthcare, Media and Entertainment, Manufacturing, Education, and Other Industry Verticals
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The table of contents in TBRC’s data backup and recovery market report includes:
1. Executive Summary
2. Data Backup And Recovery Market Characteristics
3. Data Backup And Recovery Market Trends And Strategies
4. Data Backup And Recovery Market - Macro Economic Scenario
5. Data Backup And Recovery Market Size And Growth
……
26. Africa Data Backup And Recovery Market
27. Data Backup And Recovery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Data Backup And Recovery Market
29. Data Backup And Recovery Market Future Outlook and Potential Analysis
30. Appendix
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According to a new market research report "Data Backup and Recovery Market by Software (Data Replication, Data Reduction, and Data Retention), Application (Email, Application, and Media Storage Backup), Service, Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2023", published by MarketsandMarkets™, the data backup and recovery market size expected to grow from $7.13 Billion in 2017 to $11.59 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period.Major drivers of the data backup and recovery market include rapidly growing data and an increasing focus on operational excellence and data quality management.
Active storage tier is a group of storage shelves used for backup and recovery, and retention storage tier, where backup data is internally migrated.
Backup data is stored to the active tier, and it automatically moves to the retention tier.
Moreover, data retention helps in managing and retrieval of increasing amount of data that enterprises retain for strict records.Media storage backup application segment is expected to hold the largest market share in the data backup and recovery market during the forecast period.The media storage backup leverages reliable data backup and recovery software to backup various media storage types such as server, tape, disk, flash storage, and Solid State Drive (SSD).
Organizations in this region invest heavily in advanced technologies to gain a competitive advantage and improve their business operations.
This is significantly boosting the growth of data backup and recovery market in North America.Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=62088618Major vendors in the data backup and recovery market include Oracle (US), IBM (US), Dell (US), Acronis (US), CA Technologies (US), HPE (US), Microsoft (US), and Commvault (US).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Data Backup and Recovery Market report by MarketsandMarkets™ provides well-organized statistical overview on the basis of trends, market share, applications, growth factors & forecast.According to a new market research report "Data Backup and Recovery Market by Software (Data Replication, Data Reduction, and Data Retention), Application (Email, Application, and Media Storage Backup), Service, Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2022" published by MarketsandMarkets™, the global Data Backup and Recovery Market expected to grow from USD 7.13 Billion in 2017 to USD 11.59 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period.Major drivers of the Data Backup and Recovery Market include rapidly growing data and an increasing focus on operational excellence and data quality management.
Active storage tier is a group of storage shelves used for backup and recovery, and retention storage tier, where backup data is internally migrated.
Backup data is stored to the active tier, and it automatically moves to the retention tier.
Moreover, data retention helps in managing and retrieval of increasing amount of data that enterprises retain for strict records.Media storage backup application segment is expected to hold the largest market share in the Data Backup and Recovery Market during the forecast period.The media storage backup leverages reliable data backup and recovery software to backup various media storage types such as server, tape, disk, flash storage, and Solid State Drive (SSD).
Organizations in this region invest heavily in advanced technologies to gain a competitive advantage and improve their business operations.
Major vendors in the Data Backup and Recovery Market include Oracle (US), IBM (US), Dell (US), Acronis (US), CA Technologies (US), HPE (US), Microsoft (US), and Commvault (US).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
