Market Scenario
The purpose-built backup appliance provides the better solution for the protection storage, protection software, easy-to-deploy, pre-configured appliance, encryption, fault detection, healing and others. The limitation of these appliances are its expansive coverage for physical and virtual workloads, including support for a wide application ecosystem and multiple hypervisors. These coverage are extended to the cloud along with native cloud-tiering and that can be used for long-term retention to private or public cloud. It also offers data duplication that enables more efficient data protection.
In June, 2017, Dell EMC has launched integrated data protection appliance and expands cloud data protection portfolio. It enables the customer to ensure data is secure, backed up and protected against disasters and outages and providing a new data backup and protection solutions.
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The global purpose-built backup appliance market is bifurcated on the basis of products, components, end users and region. The products are segmented into open systems, mainframe systems and others. The components are segmented into hardware, software, services and others. The end users are segmented retail, government & defense, IT & telecommunications, healthcare and others. The region includes North America, Europe, Asia Pacific and rest of the world.
The global Purpose-Built Backup Appliance Market is expected to grow at USD ~10 Billion by 2023, at ~15% of CAGR between 2017 and 2023.
Global Purpose-built backup appliance Market Segmentation
The global purpose-built backup appliance market is bifurcated on the basis of products, components, end users and region. The products are segmented into open systems, mainframe systems and others. The components are segmented into hardware, software, services and others. The end users are segmented BFSI, government & defense, IT & telecommunications, healthcare and others. The region includes North America, Europe, Asia Pacific and rest of the world.
Key Players
The prominent players in the global purpose-built backup appliance market are – Dell EMC (U.S.), Oracle Corporation (U.S.), Axcient Inc. (U.S.), Barracuda Network Inc. (U.S.), Arcserve LLC (U.S.), International Business Machines Corporation (U.S.), Hitachi Data Systems Corporation (U.S.), Commvault Systems Inc. (U.S.), Quantum Corporation (U.S.), Hewlett Packard Enterprise Company (U.S.) among others.
Market Research Analysis:
On geographic basis, global purpose-built backup appliance market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with market share growth in the purpose-built backup appliance market. The purpose-built backup appliance is gaining huge demand due the integrated systems that are integrated with backup software such as Rapid Data Access for faster backup and has media servers built into the system. In this market, Europe is to be estimated to be the second largest market share for purpose-built backup appliance during the forecast period.
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Intended Audience
- Purpose-built backup appliance manufacturing companies
- Original equipment manufacturers
- Purpose-built backup appliance providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
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