Global Cloud Backup and Recovery Software Market 2016-2020 - Focus on Reducing IT Expenditure - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Cloud Backup and Recovery Software Market 2016-2020" report to their offering.

The report forecasts the global cloud backup and recovery software market to grow at a CAGR of 12.94% during the period 2016-2020.

The market is divided into the following segments based on end-user:

  • Manufacturing
  • BFSI
  • Information and communication technology
  • Others

With the advent of IaaS and on-demand cloud providers like Amazon Web Services, new virtualization strategies have emerged. Most enterprises are quickly adopting these strategies to eliminate infrastructure limitations by developing and deploying applications on a single piece of hardware.

According to the report, the global cloud backup and recovery software market is driven by several factors, including companies' need to reduce their IT spending. These cloud storage solutions provide infrastructure and application support to enterprises at a lower cost than on-premises storage solutions. Therefore, with the adoption of cloud backup services, enterprises are reducing their capital and operational expenditure on IT infrastructure.

Further, the report states that one of the major challenges faced by the market is the latency in data transmission during retrieval from the public cloud infrastructure. Interruptions in data availability can occur when data is retrieved and transmitted to the end-user location.

Key vendors:

  • CA Technologies
  • CommVault
  • EMC
  • IBM
  • Microsoft
  • Symantec

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by end user

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Five forces analysis

PART 14: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/klqnql/global_cloud

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Software, Cloud Computing and Storage

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Software, Cloud Computing and Storage