DUBLIN--(BUSINESS WIRE)--The "Global Cloud Backup Market Research Report,Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report has been added to ResearchAndMarkets.com's offering.
The global cloud backup market is expected to rise with a CAGR of 26% during forecast period 2016-2023.
The key factors driving the growth of global cloud backup market are generation of huge quantity of data, rising adoption of Software as a Service (SaaS), cloud storage provide low cost application and infrastructure, increasing demand for cloud storage solution for secure and efficient data access.
Geographically, North America is the leading region for global cloud backup market in terms of market revenue share. This is due to workload shift to cloud environment. However, Asia-Pacific is expected to emerge as the fastest growing region over forecast period 2016-2023 due to huge quantity data generation which have promoted the adoption of data management services, with the cloud environment are driving the market growth in this region. Enterprises in Asia-Pacific, mainly India and China are developing their IT infrastructure through the new technology for optimum utilization of existing systems and data.
Global cloud backup market is influenced by presence of leading companies such as Acronis International GmbH, Asigra Inc., Commvault, Microsoft Corporation, Veeam Software, etc. Product launch, joint venture, merger and acquisition are some of the crucial strategies adopted by the key market players to gain competitive advantage.
- Generation Of Huge Quantity Of Data
- Rising Adoption Of Software As A Service (SaaS)
- Cloud Storage Provide Low Cost Application And Infrastructure
- Increasing Demand For Cloud Storage Solution For Secure & Efficient Data Access
- Compatibility Concerns For Certain Applications With The Cloud Environment
- Growing Concern For Data Privacy
- High Adoption Rate Of Hybrid Cloud
- Growing Adoption Among SMEs
- Increasing Complexities Of Bandwidth Limitations
- Difficulty In Achieving Compliance
Key Topics Covered:
2. Market Overview
3. Market Determinants
4. Market Segmentation
5. Competitive Landscape
6. Geographic Analysis
7. Company Profiles
- Acronis International GmbH (Switzerland)
- Asigra Inc. (Canada)
- Barracuda Networks, Inc. (U.S.)
- Carbonite Inc. (U.S.)
- Code42 Software Inc. (U.S.)
- Commvault (U.S.)
- Datto Inc. (U.S.)
- Dell Emc (U.S.)
- Druva Software (U.S)
- Efolder Inc. (U.S.)
- IBM Corporation (U.S.)
- Iron Mountain Incorporated (U.S.)
- Microsoft Corporation (U.S.)
- Oracle Corporation (U.S.)
- Strategic Analysis
- Veeam Software (Switzerland)
For more information about this report visit https://www.researchandmarkets.com/research/97g5m5/global_cloud?w=4