Talking about Cloud Backup, it is also known as Cloud Computer Backup or Online Backup. It is the process of backing up the data to secure cloud-based server. The server is generally provided by a third-party service provider. It is much better than local back up, i.e., backing up data into hard disks. The best thing about online backup is, it can collect, compress, encrypts, and transfer data without taking much time, and it doesn’t consume much bandwidth.
The report indicates this market growth is boosted by the online backup solution of making a right and informed decisions to obtain the desired outcomes. Besides, the massive size of data generation, lower cost, and growing usage of SaaS are also driving the market.
The Global Cloud Backup Market is estimated to grow at $ xx million by the end of 2025. Besides, during the forecast period, the Compound Annual Growth Rate will be x %.
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The report has included a profiling of various prominent players in the market and different trends in the manufacturing landscape. It also identifies some of the new market entrants that are shaping the Cloud Backup market landscape.
Acronis International GmbH
Barracuda Networks, Inc
Code42 Software, Inc.
International Business Machines Corporation
Iron Mountain Incorporated
Market Segmentation of Online Backup Industry
The World Cloud Backup Industry is segmented based on solutions, services, deployment, organisation size, end-users, and region.
Based on the solution, the product is divided by Disaster recovery, Primary Storage, Cloud storage gateway, and others. On the basis of services, it is split into cloud integration and migration, support and maintenance, training and consulting, and managed services.
Coming to the deployment, there are Hybrid cloud, Private cloud, and Public cloud. Based on organisation size, it is segmented into Large Enterprises and SMEs. Talking about end-users, there are education, BFSI, manufacturing, healthcare, and public sector, consumer goods and retail, government and public sector, media and entertainment, healthcare and life sciences, telecommunication and ITES.
Geographical Market Segmentation of the Industry
The geographical segmentation of Global Cloud Backup Market includes some major regions like Latin America, North America, Europe, Asia Pacific, Middle East, and Africa.
Some of the focused countries are Canada, U.S., Brazil, Mexico, U.K., Germany, France, Italy, Spain, Russia, China, India, Japan, Australia, New Zealand, GCC, Southern Africa, and North Africa.
Online Backup is getting famous due to its unique and useful solutions such as simple monitoring and management, storage, backup and restore, easy integration with existing system, data de-duplication, and other such services. The report says the North America region is dominating this market. On the other side, Europe region is witnessing strong growth in the online backup market. In the list of fastest-growing region in this market, there are Japan, China, and India. The reason behind this is the size of high data generation in such countries is now increasing.
Latest Industry News
Recently Acronis released its new Acronis Backup 12.5 which is considered as one of the world’s best data backup solutions. It features best hardware as well as software support, ransomware protection and Instant Data Restore.
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