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The Global Backup-as-a-Service Market size was estimated at USD 18.93 billion in 2022, USD 22.16 billion in 2023, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 17.52% to reach USD 68.90 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Backup-as-a-Service Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
Market Segmentation & Coverage:
This research report categorizes the Global Backup-as-a-Service Market in order to forecast the revenues and analyze trends in each of following sub-markets:- Based on Type, the market is studied across Differential Backup, Full Backup, and Incremental Backup. The Incremental Backup is projected to witness significant market share during forecast period.
- Based on Service Type, the market is studied across Application-Level Backups, File-Level Backups, and System-Level Backups. The Application-Level Backups is projected to witness significant market share during forecast period.
- Based on Application, the market is studied across Cloud Backup and Online Backup. The Cloud Backup is projected to witness significant market share during forecast period.
- Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Global Backup-as-a-Service Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.The report provides insights on the following pointers:
- Market Penetration: Provides comprehensive information on the market offered by the key players
- Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
- Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
- Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
- Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
- What is the market size and forecast of the Global Backup-as-a-Service Market?
- What are the inhibiting factors and impact of COVID-19 shaping the Global Backup-as-a-Service Market during the forecast period?
- Which are the products/segments/applications/areas to invest in over the forecast period in the Global Backup-as-a-Service Market?
- What is the competitive strategic window for opportunities in the Global Backup-as-a-Service Market?
- What are the technology trends and regulatory frameworks in the Global Backup-as-a-Service Market?
- What is the market share of the leading vendors in the Global Backup-as-a-Service Market?
- What modes and strategic moves are considered suitable for entering the Global Backup-as-a-Service Market?
Additional Product Information:
- Purchase of this report includes 1 year online access with quarterly updates
- This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Backup-as-a-Service Market, by Type
7. Backup-as-a-Service Market, by Service Type
8. Backup-as-a-Service Market, by Application
9. Americas Backup-as-a-Service Market
10. Asia-Pacific Backup-as-a-Service Market
11. Europe, Middle East & Africa Backup-as-a-Service Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
List of Figures
List of Tables
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acronis International GmbH
- Alphabet Inc.
- Amazon.com Inc.
- Arcserve Inc.
- Cisco Systems Inc.
- Commvault Systems Inc.
- Dell Technologies Inc.
- Druva Inc.
- Fujitsu Ltd.
- Insight Enterprises Inc.
- International Business Machines Corporation
- ITC Ltd.
- Microsoft Corporation
- NetApp Inc.
- Proact IT Group AB
- Quantum Corporation
- Rubrik Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 182 |
| Published | March 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 22.16 Billion |
| Forecasted Market Value ( USD | $ 68.9 Billion |
| Compound Annual Growth Rate | 17.5% |
| Regions Covered | Global |
