Cloud Backup Market

Cloud Backup Market : Present Scenario and the Growth Prospects
with Forecast 2025
With the rise in data explosion, a large number of organizations have supported the need for
replication of data as backup and frequent data protection. Cloud backup or online backup refers
to backing up of data to a remote, cloud based server. Challenges such as server collapse and
mismanagement of large company data have forced organizations to look for a substitute for
traditional backups, as these are costly to maintain and require continuous monitoring.
A trend which is propelling market growth is the availability of cloud backup for virtual
machines. Virtualization is now an integral part of IT infrastructure. Many enterprises have
committed to pursue virtualization over the next few years. The technology offers many business
benefits, including rapid provisioning and better utilization of system resources. Many
organizations are seeking to implement agentless solutions for the backup and recovery.
However, technological limitations have compelled enterprises to use separate solutions for
backing up physical and virtual machines.
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One of the biggest advantages of using backup as a service is the automatic backup of data that
service providers execute on a daily or weekly basis. Some backup-as-a-service providers upload
the system files to their servers and make an image of the data to provide information backup.
This streamlines the sharing of business documents over a collaborative platform, and so helps
companies to boost efficiency and business transparency.
The cloud backup market has been experiencing growth in recent years due to rising adoption of
mobile technology, web based applications and cloud computing in commercial and industrial
sectors. The other factors driving the growth are data loss issues because most enterprises fear
losing data as such losses can create serious impact on businesses, such as profit loss, reduced
productivity.

The Cloud Backup Market has been segmented on the basis of solution, services, deployment,
end-user and region. Based on the end-user, the market is segmented into telecommunication, IT,
BFSI and government sector. Government sector is showing a positive sign in terms of high
usage of cloud backup. Based on the solution type, the market is segmented into infrastructureas-a-service,
software-as-a-services, integration-as-a-services and platform-as-a-service. On the
basis of services, the market can be segmented into training and consulting, support and
maintenance, cloud integration and migration, managed services.
In terms of application, the market can be segmented into cloud based SOA systems. Moreover,
on the basis of geography the global market is classified as North America, Europe, Asia-Pacific,
Middle East and Africa. North America region is dominating cloud backup market and is
expected to grow with a high rate as well as hold the largest market share. In the Europe region
there has been a major focus onto the online secure data storage system.
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Some of the major players offering Cloud Backup Market are Microsoft Corporation (U.S),
Oracle Corporation (U.S), IBM Corporation (U.S), Amazon Web Services. (U.S), EMC
Corporation (U.S),Google Inc. (U.S), VMware Inc. (U.S), Dropbox, Inc. (U.S), Barracuda
Networks, Inc. (US), Veeam Software (Switzerland), Datto, Inc. (U.S.), Druva Software (US),
Code42 Software, Inc. (US)
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