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Cloud Backup Market 2019 – Huge Market Growth Till 2026

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Title: Cloud Backup Market 2019 – Huge Market Growth Till 2026


1
Cloud Backup Market To Reach USD 10.04 Billion By
2026
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2
Market Summary
Increasing demand for cloud backup in the IT
telecommunication sectors, coupled with high
investments in RD of cloud backup, are fueling
the market growth. Market Size USD 1.42
Billion in 2018, Market Growth - CAGR of 27.6,
Market Trends Increase in demand for public
cloud backup solutions in the SMEs.
3
Our Approach
Market Summary
  • The global cloud backup market is forecast to
    reach USD 10.04 Billion by 2026, according to a
    new report by Reports and Data. The cloud backup
    solutions provide a virtual remote server storage
    for the data and applications of any businesses
    or individuals. Most organizations opt to back up
    all the important business and operational data
    to the cloud to keep them readily available in
    case of a system failure, outage or any
    unpleasant disaster. The cloud server backup has
    been compulsory for most of the organizations for
    their critical data and a virtual storage server
    for remote accessibility. The global cloud backup
    market is growing predominantly as the amount of
    data is being elevated globally. The inclination
    towards digitization across all the industry
    verticals have been the primary reason the cloud
    backup solution is earnestly demanded. SMEs are
    forecasted to contribute remarkably in the
    forecast period due to a massive adoption of the
    cloud deployment for their internal data and
    applications.
  • APAC is forecasted to achieve the fastest growth
    of about 32.8 in the period 2019 2026, due to
    an increase in the cloud deployment of data in
    the countries like China, Singapore, and India.
    North America holds the highest market share of
    37.6 in 2018 because of the prodigious rate of
    deployment of the cloud backup solutions.
  • Request for a sample of this research report _at_
    https//www.reportsanddata.com/sample-enquiry-form
    /2397

4
Our Approach
Market Summary
  • Further key findings from the report suggest
  • The hybrid cloud is the composition of two or
    more distinct private and public cloud
    infrastructure. It helps to deliver a
    high-security features of a private cloud,
    coupled with public clouds faster connectivity
    and easy-to-access features. The hybrid cloud is
    expected to achieve a market valuation of USD
    2.94 Billion by 2026. The CAGR is calculated as
    28.0 throughout the forecast period.
  • In an incremental backup, the successive copies
    of the data containing the portion that has
    changed since the preceding backup copy was
    uploaded, is uploaded only and in case of a full
    back up, the last full back up is taken into
    operation. The incremental backup had a market
    share of USD 0.22 Billion in 2018.
  • Europe would reach a market share of 26.7 by
    2026, having grown at a CAGR of 25.6 in the
    forecast period. United Kingdom and Germany have
    the most number of valuable players in this
    region.
  • North America is leading the global market, with
    37.6 of market possession in 2018 and would
    continue dominating the global market with a CAGR
    of 27.7 during the forecast period. United
    States possessed the highest market share in the
    worldwide market.
  • APAC is forecasted to achieve the fastest growth
    of about 32.8 throughout the forecast period,
    owing to the rise in use of cloud backup
    solutions, especially the IT Telecommunication
    SMEs in countries like China, Singapore, and
    India.
  • To identify the key trends in the industry, click
    on the link below https//www.reportsanddata.com/
    report-detail/cloud-backup-market

5
Our Approach
Market Summary
  • Key participants include Microsoft Corporation,
    Amazon.com, Barracuda Networks, Hewlett Packard
    Enterprise Development, NetApp, Acronis
    International Gmbh, IBM Corporation, Efolder,
    Inc., Datto, Inc., and Code42 Software, Inc.
  • For the purpose of this report, Reports and Data
    have segmented the global cloud backup market on
    the basis of the type, type of backup, component,
    type of cloud, organization size, end-use
    industries, and region
  • Type Outlook (Revenue USD Billion 2016-2026)
  • Solution
  • Service
  • Type of Backup Outlook (Revenue USD Billion
    2016-2026)
  • Full Backup
  • Incremental
  • Differential
  • Periodic Backup
  • Mirror Backup

6
Our Approach
Market Summary
  • End-Use Industries Outlook (Revenue USD Billion
    2016-2026)
  • IT Telecommunication
  • BFSI
  • Government Public Sectors
  • Retail E-commerce
  • Media Entertainment
  • Healthcare Sectors
  • Manufacturing Industries
  • Others
  • Order Now https//www.reportsanddata.com/checkout
    -form/2397

7
Our Approach
About Us
  • Reports and Data is a market research and
    consulting company that provides syndicated
    research reports, customized research reports,
    and consulting services. Our solutions purely
    focus on your purpose to locate, target and
    analyze consumer behavior shifts across
    demographics, across industries and help clients
    make a smarter business decision. We offer market
    intelligence studies ensuring relevant and
    fact-based research across a multiple industries
    including Healthcare, Technology, Chemicals,
    Power, and Energy. We consistently update our
    research offerings to ensure our clients are
    aware about the latest trends existent in the
    market. Reports and Data has a strong base of
    experienced analysts from varied areas of
    expertise.
  • Contact Us
  • John Watson
  • Head of Business Development
  • Reports And Data Web www.reportsanddata.com
  • Direct Line 1-212-710-1370
  • E-mail sales_at_reportsanddata.com
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