Data Backup and Recovery Market
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Data</strong> <strong>Backup</strong> <strong>and</strong> <strong>Recovery</strong> <strong>Market</strong> Worth 11.59 Billion USD by<br />
2022<br />
NEWS PROVIDED BY<br />
<strong>Market</strong>s<strong>and</strong><strong>Market</strong>s <br />
Dec 08, 2017, 10:30 ET<br />
PUNE, India, December 8, 2017 /PRNewswire/ --<br />
According to a new market research report, "<strong>Data</strong> <strong>Backup</strong> <strong>and</strong> <strong>Recovery</strong> <strong>Market</strong> by Software (<strong>Data</strong> Replication, <strong>Data</strong> Reduction, <strong>and</strong> <strong>Data</strong><br />
Retention), Application (Email, Application, <strong>and</strong> Media Storage <strong>Backup</strong>), Service, Deployment Type, Organization Size, Vertical, <strong>and</strong> Region -<br />
Global Forecast to 2022", published by <strong>Market</strong>s<strong>and</strong><strong>Market</strong>s, the market size is expected to grow from USD 7.13 Billion in 2017 to USD 11.59<br />
Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period.<br />
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )<br />
Browse 68 market data Tables <strong>and</strong> 50 Figures spread through 142 Pages <strong>and</strong> in-depth TOC on "<strong>Data</strong> <strong>Backup</strong> <strong>and</strong> <strong>Recovery</strong> <strong>Market</strong>"<br />
https://www.markets<strong>and</strong>markets.com/<strong>Market</strong>-Reports/data-backup-<strong>and</strong>-recovery-market-62088618.html<br />
Early buyers will receive 10% customization on this report<br />
Major drivers of the <strong>Data</strong> <strong>Backup</strong> <strong>and</strong> <strong>Recovery</strong> <strong>Market</strong> include rapidly growing data <strong>and</strong> an increasing focus on operational excellence <strong>and</strong> data<br />
quality management. The increasing adoption of cloud data backup solutions is also a major factor driving the market.<br />
<strong>Data</strong> retention software segment is expected to grow at a CAGR in the <strong>Data</strong> <strong>Backup</strong> <strong>and</strong> <strong>Recovery</strong> <strong>Market</strong> during the forecast period.<br />
<strong>Data</strong> retention is the continuous storage of enterprise data for compliance. <strong>Data</strong> retention is carried out using 2 tiers of storage. Active storage tier<br />
is a group of storage shelves used for backup <strong>and</strong> recovery, <strong>and</strong> retention storage tier, where backup data is internally migrated. <strong>Backup</strong> data is<br />
stored to the active tier, <strong>and</strong> it automatically moves to the retention tier. It incorporates improved manageability <strong>and</strong> compression to provide
long-term data backup. Moreover, data retention helps in managing <strong>and</strong> retrieval of increasing amount of data that enterprises retain for strict<br />
records.<br />
Ask for PDF Brochure @ https://www.markets<strong>and</strong>markets.com/pdfdownload.asp?id=62088618<br />
Media storage backup application segment is expected to hold the largest market share in the <strong>Data</strong> <strong>Backup</strong> <strong>and</strong> <strong>Recovery</strong> <strong>Market</strong> during the<br />
forecast period.<br />
The media storage backup leverages reliable data backup <strong>and</strong> recovery software to backup various media storage types such as server, tape, disk,<br />
ash storage, <strong>and</strong> Solid State Drive (SSD). Media storage backup includes the backup of application <strong>and</strong> user information. Media storage backup<br />
is done on the centrally located centers to ensure that data is stored in optimum conditions, <strong>and</strong> is a part of the business continuity plan. <strong>Data</strong> on<br />
these storage devices is stored on the barcoded system using high encryption algorithms so that enterprises can manage, protect, <strong>and</strong> track their<br />
con dential data ef ciently.<br />
North America is expected to hold the largest market share in the <strong>Data</strong> <strong>Backup</strong> <strong>and</strong> <strong>Recovery</strong> <strong>Market</strong> during the forecast period.<br />
North America is expected to have the largest market share <strong>and</strong> dominate the <strong>Data</strong> <strong>Backup</strong> <strong>and</strong> <strong>Recovery</strong> <strong>Market</strong> during the forecast period.<br />
Enterprises in North America continue to invest substantially in Research <strong>and</strong> Development (R&D) activities, thereby contributing to the<br />
development of new technologies. Organizations in this region invest heavily in advanced technologies to gain a competitive advantage <strong>and</strong><br />
improve their business operations. This has brought signi cant opportunities for data backup <strong>and</strong> recovery vendors to provide various software<br />
<strong>and</strong> services over cloud <strong>and</strong> on-premises. North America is also witnessing various government initiatives <strong>and</strong> regulatory policies, thereby<br />
m<strong>and</strong>ating the data backup <strong>and</strong> recovery software vendors to provide reliable data protection <strong>and</strong> management software <strong>and</strong> associated<br />
solutions to their commercial clients in this region. In addition, the US <strong>and</strong> Canada are witnessing the increasing adoption of cloud with IoT<br />
technology to h<strong>and</strong>le the massive amount of data generated by smart devices. This is signi cantly boosting the growth of <strong>Data</strong> <strong>Backup</strong> <strong>and</strong><br />
<strong>Recovery</strong> <strong>Market</strong> in North America.<br />
Major vendors in the <strong>Data</strong> <strong>Backup</strong> <strong>and</strong> <strong>Recovery</strong> <strong>Market</strong> include Oracle (US), IBM (US), Dell (US), Acronis (US), CA Technologies (US), HPE (US),<br />
Microsoft (US), <strong>and</strong> Commvault (US).<br />
Enquiry Before Buying @ https://www.markets<strong>and</strong>markets.com/Enquiry_Before_Buying.asp?id=62088618<br />
Browse Related Reports<br />
Disaster <strong>Recovery</strong> as a Service <strong>Market</strong> by Service Type (<strong>Backup</strong> & <strong>Recovery</strong>, Real-Time Replication, <strong>Data</strong> Protection, <strong>and</strong> Professional Services),<br />
Service Provider, Deployment Model, Organization Size, Vertical, <strong>and</strong> Region - Global Forecast to 2022<br />
https://www.markets<strong>and</strong>markets.com/<strong>Market</strong>-Reports/recovery-as-a-service-market-962.html<br />
Cloud <strong>Backup</strong> <strong>Market</strong> by Component (Solution & Services), Provider (Cloud Service Provider, Telecom & Communication Service Provider, &<br />
Managed Service Provider), Deployment Model, Organization Size, Vertical, <strong>and</strong> Region - Global Forecast to 2022<br />
https://www.markets<strong>and</strong>markets.com/<strong>Market</strong>-Reports/cloud-backup-market-92942042.html<br />
Know More About our Knowledge Store @ http://www.markets<strong>and</strong>markets.com/Knowledgestore.asp<br />
About <strong>Market</strong>s<strong>and</strong><strong>Market</strong>s<br />
<strong>Market</strong>s<strong>and</strong><strong>Market</strong>s provides quanti ed B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of<br />
worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients.<br />
Almost 75,000 top of cers across eight industries worldwide approach <strong>Market</strong>s<strong>and</strong><strong>Market</strong>s for their painpoints around revenues decisions.
Our 850 fulltime analyst <strong>and</strong> SMEs at <strong>Market</strong>s<strong>and</strong><strong>Market</strong>s are tracking global high growth markets following the "Growth Engagement Model -<br />
GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack,<br />
avoid <strong>and</strong> defend" strategies, identify sources of incremental revenues for both the company <strong>and</strong> its competitors. <strong>Market</strong>s<strong>and</strong><strong>Market</strong>s now<br />
coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in<br />
high growth emerging segments. <strong>Market</strong>s<strong>and</strong><strong>Market</strong>s is determined to bene t more than 10,000 companies this year for their revenue<br />
planning <strong>and</strong> help them take their innovations/disruptions early to the market by providing them research ahead of the curve.<br />
<strong>Market</strong>s<strong>and</strong><strong>Market</strong>s's agship competitive intelligence <strong>and</strong> market research platform, "RT" connects over 200,000 markets <strong>and</strong> entire value<br />
chains for deeper underst<strong>and</strong>ing of the unmet insights along with market sizing <strong>and</strong> forecasts of niche markets.<br />
Contact:<br />
Mr. Rohan<br />
<strong>Market</strong>s<strong>and</strong><strong>Market</strong>s INC.<br />
630 Dundee Road<br />
Suite 430<br />
Northbrook, IL 60062<br />
USA: +1-888-600-6441<br />
Email: sales@markets<strong>and</strong>markets.com<br />
Visit Our Blog @ http://www.markets<strong>and</strong>marketsblog.com/market-reports/telecom-it<br />
Connect with us on LinkedIn @ http://www.linkedin.com/company/markets<strong>and</strong>markets<br />
SOURCE <strong>Market</strong>s<strong>and</strong><strong>Market</strong>s
Change language