According to a new report published by Reports Monitor titled, “Cloud Backup Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Cloud Backup Market is projected to grow rapidly from 2017 to 2025. North America is considered to be the leading region for this market. Cloud emergence and mandatory government regulations are helping to boost the market.
Cloud backup is also referred as online backup or cloud computing backup. It refers to the backing up of data to a remote and cloud-based server. Moreover, it is mainly the method of supporting the data that is stored in and accessible from multiple distributed and connected resources that comprises a cloud for transferring data over the public cloud with less consumption of bandwidth.
The generation of humongous amounts of information and the necessity of lowering cost are helping the market to grow. The increasing adoption of SaaS and better efficiency of cloud backup than on-premises backup will also propel the growth of the market. Moreover, the other factors responsible for boosting the growth of market includes huge volumes of data generation and growing adoption rate of cloud computing among enterprises. However, compatibility concerns for certain applications with cloud environment may hamper the growth of the market. Moreover, the opportunities that can strengthen the growth of market includes increasing adoption among SMES, high adoption rate of hybrid cloud considered to transform the market. Additionally, the market has to face various different challenges such as growing complexities of bandwidth limitations and difficulty in achieving compliance.
More Insightful Information | Request a Sample Copy @ https://goo.gl/dk91a1
The global cloud backup market report consists of various tools and techniques including, porters, value chain, market share analysis, and others. The data used in this report is gathered from extensive primary and secondary sources. These report gives the overall idea of market trends, opportunities, restraints, challenges, and others. The report includes major players along with their development strategies such as expansion, acquisition, merger, and others.
On the basis of segmentation of the global cloud backup market, it is bifurcated into various segments such as by component, by service provider, by deployment model, by organization size, by vertical, and by region.According to the component segment, the market is split into solution and service. The service segment is further bifurcated into training & consulting, support & maintenance, and system integration.Based on the service provider, the market is divided into cloud service provider, telecom & communication service provider, managed service provider, and others.On the basis of deployment type, it is segmented into public cloud, private cloud, and hybrid cloud.The organization size segment is bifurcated into large enterprises and small & medium-sized enterprises (SMEs).Based on the vertical segment, the market is bifurcated into education, BFSI, manufacturing, media & entertainment, and others.
View Full Report Description with TOC: https://goo.gl/kYZuVN
Key Question Answered:
•What will be the market size in 2025 and at what rate it will grow?
•Who are the major key players in global cloud backup market and what are their strategies?
•Which vertical industry is expected to show major growth?
•What segment and region will lead the market and why?
The major companies profiled in the report include: Acronis International GmbH, Asigra Inc., Barracuda Networks, Inc., Carbonite, Inc., Code42 Software, Inc., Datto, Inc., Druva Software, International Business Machines Corporation, Iron Mountain Incorporated, Microsoft Corporation, Oracle Corporation, and Veeam Software.
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
Some Points from TOC:
2.3.Assumptions & Exclusions
3.1.Research Report Segmentation & Scope
3.2.Key Market Trend Analysis
3.3.Porter’s Five Forces Analysis
3.4.Potential Venture Avenues
3.5.Market Share Analysis, 2016
4.2.Market Size & Forecast, 2015 to 2025
184.108.40.206.Training & Consulting
220.127.116.11.Support & Maintenance
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
View Full Press Release: http://garnerinsights.com/press-release/cloud-backup-market
We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.
Company Name: Garner Insights
Contact Person: Kevin Thomas
Email: Send Email
Phone: +1 513 549 5911