Cloud Data Back-Up Recovery Market Share, Size And Gross Margin Report 2027

Global Cloud Data Back-Up Recovery Market Forecast to 2027

The Global Cloud Data Back-Up Recovery Market research study by Emergen Research is a thorough compendium of analytical data regarding the Cloud Data Back-Up Recovery sector. The Cloud Data Back-Up Recovery Market is segmented in the study, along with a thorough breakdown of the market's size in terms of volume and value. The research includes a detailed prediction for the years 2020–2027 as well as the present Cloud Data Back-Up Recovery Market scenario. The Cloud Data Back-Up Recovery Market research contains a thorough analysis of each industry vertical, segment, end-use industry, application, and region's historical, current, and forecast revenue.

The global Cloud Data Back-Up Recovery Market is forecasted to be worth USD 19.91 Billion by 2027, according to a current analysis by Emergen Research. The growing cloud computing adoption, increasing demand for computer data storage, and increasing demand for data centers are anticipated to propel the cloud data backup and recovery market. The-usage of virtualization technology in data centers helps enterprises, through the use of a limited number of physical servers, to reduce capital expenditures and optimize resources. The concept of computer virtualization has the ability to reduce the cost of a data center by around 25%. This strategy is now increasingly being adopted by the majority of data centers, which is expected to further drive market growth.

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Cloud Data Back-Up Recovery market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Dell Inc., Microsoft Corporation, IBM Corporation, Oracle Corporation, Acronis International GmbH, CA Technologies, Hewlett Packard Enterprise, Commvault, Veeam Software, NetApp, Inc.

Research Report on the Cloud Data Back-Up Recovery Market Addresses the Following Key Questions:

Who are the dominant players of the Cloud Data Back-Up Recovery market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Cloud Data Back-Up Recovery market?
What are the key growth drivers and restraining factors of the Cloud Data Back-Up Recovery market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Cloud Data Back-Up Recovery market and its key segments?

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Some Key Highlights from the Report

In April 2020, The general availability of the latest Veeam Backup for Microsoft Azure, an enterprise-ready cloud backup and recovery solution, was announced by Veeam Software, the pioneer in backup solutions that provide Cloud Data Management. This latest offering would allow consumers and service providers to migrate more applications and data to Azure and to secure cloud services in Azure cost-effectively, efficiently, and securely. Moreover, the portable backup framework of Veeam allows full Cloud Mobility in a multi-cloud environment, with recovery, backup, and migration.
Over the forecast timeframe, the data retention segment is expected to dominate the market with a CAGR of 10.8%, since it offers continuous data storage for business data acceptance.
Due to the advantages, such as greater compliance with safety regulations, improved redundancy, minimizing total cost of ownership, quick recovery, improved availability, the hybrid sector is anticipated to hold the largest market during the forecast period.
As businesses focus on cloud storage recovery technologies for data access to minimize unusual delays in accessing business data challenges, the large enterprise segment is expected to dominate the market over the forecasted period.
It is expected that the BFSI segment will hold the largest market share throughout the forecast timeframe since the banking sector has received a massive boost by effective online banking through cloud technologies.
North America is expected to hold the largest market share over the forecast timeframe due to the rapid adoption of cloud computing services among various industries.

Market Segmentations of the Cloud Data Back-Up Recovery Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2027. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Cloud Data Back-Up Recovery market on the basis of product, application, and region:

Segments Covered in this report are:

Software Outlook (Revenue, USD Billion; 2017-2027)

Data Reduction
Data Replication
Data Retention

End-Use Outlook (Revenue, USD Billion; 2017-2027)

Retail
Manufacturing
BFSI
IT and Telecommunications
Healthcare
Education
Government
Others

Regional Outlook (Revenue, USD Billion; 2017-2027)

North America

U.S.
Canada
Mexico

Europe

Germany
UK
France
BENELUX
Rest of Europe

Asia Pacific

China
Japan
South Korea
India
Rest of APAC

Latin America

Brazil
Rest of LATAM

Saudi Arabia
UAE
Rest of MEA

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Regional Landscape section of the Cloud Data Back-Up Recovery report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key reasons to buy the Global Cloud Data Back-Up Recovery Market report:

The latest report comprehensively studies the global Cloud Data Back-Up Recovery market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

In conclusion, the Cloud Data Back-Up Recovery Market report is an exhaustive database that will help readers formulate lucrative strategies. The Cloud Data Back-Up Recovery Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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