Backup as a Service Market is expected to reach US$ 25.43 Bn. by 2029, at a CAGR of 32% throughout the forecast period.

Backup as a Service Market
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Backup as a Service Market Report Overview

According to the research, the Backup as a Service market is expected to grow at a rapid pace during the forecast period. The report provides a comprehensive analysis of the Backup as a Service industry, shedding light on its structure.

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Backup as a Service Market Report Scope and Research Methodology

The Backup as a Service market report was developed using primary and secondary research methods. The primary research involved surveys and interviews with industry experts, while the secondary research involved collecting data from industry publications, government reports, and other sources.

The report provides a region-wise, segment-wise, and sub-segment-wise analysis of the Backup as a Service market dynamics, market size, market share, and key players. It also includes a list of Backup as a Service key competitors in the industry, along with their revenue, financial status, product portfolio, investments, mergers, acquisitions, and joint ventures. SWOT analysis was used to identify the strengths and weaknesses of the key players, as well as the opportunities and threats facing the Backup as a Service industry. The bottom-up approach was used to estimate the Backup as a Service market size.

Backup as a Service Market Dynamics 

As an alternative of performing backup with a centralized, on-premises IT department, BaaS used to connect systems to a private, public, or hybrid cloud managed by the outside supplier. Backup as a service is at ease to manage than other offsite services. Regardless of worrying about rotating and managing tapes or hard disks at an offsite location, data storage managers can offload maintenance and management to the provider.

Previously, adoption of BaaS was booming in several industry verticals, due to its benefits including flexibility in terms of deployment models, the pay-per-use model, and affordability. Also, with the exponential growth in the volume of data from smartphones, the Internet, and digital business processes, enterprises face problems in managing and protecting the data that is at risk. So that, enterprises are increasingly adopting BaaS model to securely back up the huge volume of data generated by the digital economy. Exponential growth of data will boost the growth of the back up as a service market growth during the forecast period. Cloud backup segment will account for the highest growth in the global BaaS market during the forecast period because of the growth in focus of enterprises to store specific data.

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Backup as a Service Market Regional Analysis

The report includes a detailed analysis of several key countries that are:

    • North America (U.S., Canada, Mexico)
    • Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
    • Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC)
    • South America (Brazil)

 

  • The Middle East and Africa

 

Backup as a Service Market Segmentation

by Application

Online backup
Cloud backup

by Organization Size

Large Enterprises
SME’s

Backup as a Service Key Players 

1. Alphabet
2. Amazon.com
3. Cisco Systems
4. IBM
5. NetApp
6. Commvault
7. Symantec
8. Acronis
9. Dell EMC
10.Amazon Web Services
11.Fujitsu
12.Backblaze
13.Hexistor
14.CA Technologies
15.Intronis
16.Datalink Corporation
17.Asigra Inc
18.Google
19.International Business Machines Corporation.
20.Microsoft Corp.
21.Quantum Corp.
22.HPE
23.Unitrends Inc.
24.Veritas Technologies
25.Veeam Software
26.Arcserve

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Key Questions answered in the Backup as a Service Market Report are:

 

  • What was the Backup as a Service Market size in 2022?
  • What is the expected Backup as a Service market size by 2029?

 

  • What will be the CAGR of the Backup as a Service market during the forecast period?
  • Which region held the largest market share in the Backup as a Service Market?
  • Which company held the largest share in the Backup as a Service market?
  • What key trends are likely to emerge in the Backup as a Service market in the coming years?
  • Who are the Backup as a Service key players in the Backup as a Service industry?

Key offerings:

  • Market Overview
  • Market Share
  • Market Size
  • Forecast |2023-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation- A detailed analysis of each segment and their segments
  • Competitive Landscape – Leading key players and other prominent key players.

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:

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Pune, Maharashtra 411041, IndiaC

[email protected] 

+91 96071 95908, +91 9607365656

 


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