Technavio Announces Top Four Trends for the Global Backup-as-a-Service Market Through 2020

LONDON--()--Technavio’s latest backup-as-a-service market report highlights four key emerging trends predicted to impact market growth through 2020. Technavio defines an emerging trend as something that has potential for significant impact on the market and contributes to its growth or decline.

“IT organizations are concerned about data security because information technology has become a serious business today. Most enterprises fear losing data because such losses can create serious repercussions on businesses, such as damage to reputation, profit loss, reduced productivity, and missed business opportunities,” said Amit Sharma, one of Technavio’s lead industry analysts for cloud computing.

“Such losses can also create chaos among various departments, and may result in heavier traffic for help desks and may take longer support times. In addition, such disruptions can negatively influence system up and downtime. Therefore, effective backup as a service helps IT companies to establish a smooth work environment designed to reduce macro management of IT departments, ensure a work–life balance for employees, and strengthen employment security,” added Amit.

Technavio’s market research study identifies the following four emerging trends expected to propel the global backup-as-a-service market:

  • Increased adoption of SMAC technology in workforce
  • Cloud backup for virtual machines
  • Convergence in cloud backup services and recovery
  • Automatic retrieval and backup

Increased adoption of SMAC technology in workforce

The ubiquity of mobile devices and social networking platforms in the workplace allows workforces to function remotely and communicate during an emergency. Therefore, mobile devices enable business continuity during disasters, help support business operations, and minimize downtime. Such mobility trends will likely gain greater momentum and so, it is important for businesses to implement system protocols to back up employees' mobile devices.

Similarly, social networking can be leveraged as an alternative to provide effective and critical disaster management. Such platforms also improve the chances of successful emergency communications and reduce the risk of dependency on traditional methods.

Cloud backup for virtual machines

Virtualization is now an integral part of IT infrastructure. Many enterprises have committed to pursue virtualization beyond 50% benchmarks over the next few years. The technology offers many business benefits, including rapid provisioning and better utilization of system resources. Many organizations are seeking to implement agentless solutions for the backup and recovery of virtual machines. However, technological limitations (as of 2015) have compelled enterprises to use separate solutions for backing up physical and virtual machines.

VMware, Microsoft, Citrix, Parallels, and Linux KVM offer various iterations of virtualization platforms. Cloud backup services help users to back up and restore multiple virtual and physical servers using a single, integrated service. We note that agentless backup, improved performance, enterprise scalability, multiple platform support, and quick and simple recovery are prominent features of virtual machines.

Convergence in cloud backup services and recovery

Convergence is an emerging trend in the online backup services space. The convergence of networking, computing, and storage denotes the movement of enterprise data from physical storage (such as tape disk and local severs) to virtual servers operating in the cloud. Convergence includes software-defined storage, hardware abstraction, networking services, central orchestration, and geo-distributed architecture, which help IT infrastructure to become an efficient and agile service. The convergence of backup and archiving also reduces capital uptake and lowers operational costs, in addition to simplifying IT processes. We note that the use of recovery technology should make for robust and efficient data backups.

Automatic retrieval and backup

One of the biggest advantages of using backup as a service is the automatic backup of data that service providers execute on a daily or weekly basis. Some backup-as-a-service providers such as Carbonite, iDrive, and Mozy, upload the system files to their servers and make an image of the data to provide information backup. This streamlines the creation and sharing of business documents over a collaborative platform, and so helps companies to boost operational efficiency and business transparency.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
http://www.technavio.com/
media@technavio.com

Release Summary

Technavio’s latest backup-as-a-service market report highlights four key emerging trends predicted to impact market growth through 2020.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
http://www.technavio.com/
media@technavio.com