Cloud Backup Market to witness astonishing growth of 24.2%


A new research document with title ‘Cloud Backup – Global Market Outlook (2017-2023)’ covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe, Asia Pacific, Rest of the World and important players/vendors such as Mware Inc, Veeam Software, Microsoft Corporation The report will help user gain market insights, future trends and growth prospects for forecast period of 2017-23


Request for sample pages @


According to Research, the Global Cloud Backup market is expected to grow from $1.20 billion in 2016 to reach $5.5 billion by 2023 with a CAGR of 24.2%. Large amount of Generated data, increasing Adoption of Saas, huge capability & efficiency and low cast than on-premises backup are the crucial factors that fuel the growth of the market. On the contrary, Compatibility concerns for certain applications with the cloud environment and raising complexities of bandwidth limitations are the key factors to hamper the growth of the market in the forthcoming years.

Among the verticals, it is expected that telecommunication and IT sector is showing a rapid growth of usage of the Cloud Backup. By region, North America is current leader in the world and holds a highest market share. Europe is expected to grab a major share during the forecast period because there has been a major focus onto the online secure data storage system. Adding to this, developing economies in Asia Pacific region like China, Japan, India have a significant growth in the market. Cloud emergence and mandatory government regulations are simultaneously helping boost the growth of the Cloud Backup Market in this region.


Some of the key players in Global Cloud Backup Market include VMware Inc, Veeam Software, Microsoft Corporation, Iron Mountain Incorporated, International Business Machines Corporation, IBM Corporation, Google Inc, EMC Corporation, Efolder, Inc., Druva Software, Dropbox, Inc., Datto, Inc., Code42 Software, Inc., Carbonite, Inc., Barracuda Networks, Inc., Asigra Inc., Amazon Web Services, Acronis International GmbH.


Organization Sizes Covered:

• Large Enterprises

• Small and Medium-Sized Enterprises


Service Providers Covered:

• Telecom and Communication Service Providers

• Managed Service Providers

• Cloud Service Providers


• Other Service Providers


Components Covered:

• Services

o Support and Maintenance

o Training and Consulting

o System Integration

• Solutions


Verticals Covered:

• Telecommunication and Ites

• Media and Entertainment

• Manufacturing

• Healthcare and Life Sciences

• Government and Public Sector

• Education

• Consumer Goods and Retail

• Banking, Financial Services, and Insurance

• Other Verticals


Deployment Models Covered:

• Hybrid Cloud

• Public Cloud

• Private Cloud


Regions Covered: North America, Europe, Asia Pacific, Rest of the World


View Detailed Table of Content @

What our report offers:

– Market share assessments for the regional and country level segments

– Market share analysis of the top industry players

– Strategic recommendations for the new entrants

– Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets

– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

– Strategic recommendations in key business segments based on the market estimations

– Competitive landscaping mapping the key common trends

– Company profiling with detailed strategies, financials, and recent developments

– Supply chain trends mapping the latest technological advancements


Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.



Buy this report @



Contact Us:

CRAIG FRANCIS (PR & Marketing Manager)

[email protected]

Ph: +1 (206) 317 1218


The post Cloud Backup Market to witness astonishing growth of 24.2% appeared first on Herald Keeper.

Add Comment