As per the research presented in a recently published report by Orbis Research, titled “Global Backup-as-a-service Market: 2018-2022 Key Industry Insights, Segments, Opportunities, and Forecasts” the market will also continue to be driven by impactful presence of key players worldwide.
Online backup service, also known as BaaS, refers to the frequent backup of folders, files, or the entire content of HDDs by service providers to remote secure cloud-based data repositories.
This analysts forecast the Global Backup-as-a-Service Market to grow at a CAGR of 27.04% during the period 2018-2022.
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Covered in this report
The report covers the present scenario and the growth prospects of the backup-as-a-service. To calculate the market size, the report considers the revenue generated from the sales of backup service.
With the presence of several vendors, the backup-as-a-service market appears to be fragmented. The cloud backup services market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
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The market is divided into the following segments based on geography:
This report, backup-as-a-service market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Growing need to simplify solutions for backup
Possibilities of failure during implementation
Increasing use of IoT
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