Backup as a Service Market Analysis by Trends 2021 Size, Share, Future Plans and Forecast 2029


Posted August 26, 2023 by nirankammr

Backup as a Service Market is expected to reach US$ 25.43 Bn. by 2029, at a CAGR of 32% throughout the forecast period.

 
Backup as a Service Market Overview

The Backup as a Service Market Report covers a detailed analysis of micro and macro market trends, pricing analysis, and short-term market. The Backup as a Service market is sourced from both primary and secondary sources, considering all possible factors tht could influence the Backup as a Service Market. The report covers future trends that are expected to drive the Backup as a Service market growth.

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Backup as a Service Market Report Scope and Research Methodology


The Backup as a Service market data is sourced from both primary and secondary data considering all possible factors that could influence the market. The research is validated through primary research and evaluated to provide valuable insights. The market size for both top-level markets and sub-segments is adjusted for inflation, economic downturns, regulatory and policy changes, and other variables to ensure an accurate market forecast. To estimate the market size and forecasts, a bottom-up approach and multiple data triangulation methodologies are employed. The country-wise analysis of the overall Backup as a Service market and sub-segment is based on the percentage adoption or utilization of the given market size in the respective region or country. The major players in the market are identified through secondary research based on indicators such as market revenue, price, services offered, advancements, mergers and acquisitions, and joint ventures. The competitive analysis of key players by price, financial position, growth strategies, and regional presence in the Backup as a Service Market is also presented.

Backup as a Service Market Dynamics

As an alternative of performing backup with a centralized, on-premises IT department, BaaS used to connect systems to a private, public, or hybrid cloud managed by the outside supplier. Backup as a service is at ease to manage than other offsite services. Regardless of worrying about rotating and managing tapes or hard disks at an offsite location, data storage managers can offload maintenance and management to the provider.

Previously, adoption of BaaS was booming in several industry verticals, due to its benefits including flexibility in terms of deployment models, the pay-per-use model, and affordability. Also, with the exponential growth in the volume of data from smartphones, the Internet, and digital business processes, enterprises face problems in managing and protecting the data that is at risk. So that, enterprises are increasingly adopting BaaS model to securely back up the huge volume of data generated by the digital economy. Exponential growth of data will boost the growth of the back up as a service market growth during the forecast period. Cloud backup segment will account for the highest growth in the global BaaS market during the forecast period because of the growth in focus of enterprises to store specific data.

Backup as a Service Market Regional Insights

The Backup as a Service market has experienced various trends, which have impacted its growth and trajectory. This trends include the increasing popularity and product innovation and market expansion. The report provides a comprehensive overview of the current global spicy dairy products market, with a focus on major producing regions.The analysis of dynamics and the Backup as a Service market size has been provided at regional and global levels.

Backup as a Service Market Segmentation

by Application

Online backup
Cloud backup

by Organization Size

Large Enterprises
SME’s

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Backup as a Service Market Key Players

1. Alphabet
2. Amazon.com
3. Cisco Systems
4. IBM
5. NetApp
6. Commvault
7. Symantec
8. Acronis
9. Dell EMC
10.Amazon Web Services
11.Fujitsu
12.Backblaze
13.Hexistor
14.CA Technologies
15.Intronis
16.Datalink Corporation
17.Asigra Inc
18.Google
19.International Business Machines Corporation.
20.Microsoft Corp.
21.Quantum Corp.
22.HPE
23.Unitrends Inc.
24.Veritas Technologies
25.Veeam Software
26.Arcserve


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What is Backup as a Service ?
What was the Backup as a Service market size in 2022?
What are the global trends in the Backup as a Service Market?
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Who held the largest market share in the Backup as a Service Market?
Which regional Backup as a Service market is expected to grow rapidly during the forecast period?
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Key Offerings:

Market Overview
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Regional Insights
Market Segmentation – A detailed analysis of segments and sub-segments
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Issued By MMR
Country India
Categories Affiliate Program , Blogging , Business
Tags backup as a service market , backup as a service market size , backup as a service market share
Last Updated August 26, 2023