Backup Software Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2020-2025. Increasing adoption of cloud based technologies and growing need for protection and storage data drives the growth of global backup software market.
Backup software are computer programs which is used for backup performance and creates exact copies of files, database or of entire computer, mobile or other such electric equipment. These backup may use later to restore the original content in the event of data loss. The software also used to read delete and update data. There are many types of backup the first is full backup in which everything which is considered important is coped. The second type is incremental backup in which the backup involve making of copes of the files by taking into account of changes made in them since the previous backup. Last one is differential backup in which involve making copies of new files or of the files that underwent some kind of change. The Network Attached Storage was found in 1980 which was designed for attachment of traditional data network.
The global backup software market is segmented on the basis of solution, service, and deployment type and region and country level. On the basis of solution, the global backup software market is divided into primary storage, disaster recovery, and cloud storage gateway. Based on service the global backup software market is segmented on training and consulting, support and maintenance, cloud integration and migration, managed services and others. On the basis of deployment type the global backup software market is segmented as public cloud, private cloud, hybrid cloud, metal and machinery, electronics, and others.
The regions covered in global backup software market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, Global Backup Software market sub divided in U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global Backup Software market reports cover prominent players like IBM (US), CA Technologies, Commvault, Dell, HPE, Oracle, Asigra, Microsoft, Oracle, Toshiba Corporation, Hitachi, Fujitsu Ltd, Huawei, Netapp, Samsung Electronics, Veritas Technologies, Acronis, NetApp, Unitrends, and Veeam and others.
News: Aug 18, 2020 – Asigra rolled out a version 14.2 of its cloud backup software with the feature called Deep MFA. Deep MFA checks for permission at key points to prevent bad actors from compromising backups. The MFA setup Wizard guides management console users and permissioned as well as notifies and alert setting. Deep MFA is app-centric and password less, reduced the inconvenience of extra security check. Administrator can use their fingerprint or face recognition capabilities of their mobile devices to authenticate without using a password.
The key factor for growth of global backup software market is increasing adoption of cloud based technologies in various industries. High amount of data is being generated by the industries or companies and data backup solutions are cheaper especially cloud based solutions are cheaper compared to other solution which boosts the growth of global backup software market. An amazon Web Services Corporation acquired Dell-Backed Cloud Endure in January 2019the value of the deal was range from USD 200 million to USD 250 Million. This transaction is for to enhance Amazon’s ability to deliver flexible and innovative backup and disaster recovery solutions. Likely 55-65% of enterprises are likely moving towards virtualizations across the globe.
The use of private cloud technologies and high deployment cost are some major factors restraining the growth of global data backup software market. In addition to this the data backup storage requires huge amount of storage which also another factor affects the growth of global backup software market. However the Artificial Intelligence is one of the latest trends in the storage and backup software market which create, store and protect the data. The adoption of Artificial Intelligence may create opportunities to increase the growth of global backup software market.
North America is expected to dominate the market with highest share in the data backup market in terms of revenue approximately 35.69% of the shares. Due to increase in adoption of cloud based technologies and data analytics by various companies and industries in developed and developing countries in the region. The rising number of data centers and cloud based application in 2019 increased the market to new highest level in North America region. North America accounts majority in cloud traffic across the globe according to Cisco Global Cloud Index it raise in upcoming years currently in 2020 the global traffic accounts 40% in North America. Apple is spending approximately more than USD 306 million on Amazon’s cloud every year.
Asia-Pacific is the fastest growing region in the global backup software market due to increase in adoption of new technology and companies shifted their focus from use of conventional technology to cloud based technology which increases the market share in Asia Pacific region. In Asia Pacific India holds the largest share of media storage data backup in 2017 and japan is also expected to increase their shares in upcoming year. The European Union is expected to increase the share in global backup software market. The European Parliament and Council’s General Data Protection Regulation (GDPR) broke the split of regulations for security purpose in European Union. To protect data on May 2018 they introduced GDPR to provide equal data privacy and protect the personal data of user and customer of companies all across the Europe.
Report Analysis | Details |
---|---|
Historical data | 2015 - 2020 |
Forecast Period | 2021 - 2027 |
Market Size in 2020: | XX.xx |
Base year considered | 2020 |
Forecast Period CAGR %: | XX % |
Market Size Expected in 2027: | XX.xx |
Tables, Charts & Figures: | 175 |
Pages | 200 |
Key Players/Companies | IBM (US), CA Technologies, Commvault, Dell, HPE, Oracle, Asigra, Microsoft, Oracle, Toshiba Corporation, Hitachi, Fujitsu Ltd, Huawei, Netapp, Samsung Electronics, Veritas Technologies, Acronis, NetApp, Unitrends, and Veeam and others |
Segments Covered | By Solution, By Service, by Deployment type |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
By Solution
By Service
by Deployment type
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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