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The Global Backup-as-a-service Market is expected to grow by $ 17.73 bn during 2022-2026, accelerating at a CAGR of 33.15% during the forecast period

·3-min read
ReportLinker
ReportLinker

Global Backup-as-a-service Market 2022-2026 The analyst has been monitoring the backup-as-a-service market and it is poised to grow by $ 17. 73 bn during 2022-2026, accelerating at a CAGR of 33.

New York, July 25, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Backup-as-a-service Market 2022-2026" - https://www.reportlinker.com/p03952880/?utm_source=GNW
15% during the forecast period. Our report on the backup-as-a-service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing demand to shift from CAPEX to OPEX model, the growing need to simplify solutions for backup, and the need to comply with regulations.
The backup-as-a-service market analysis includes the application segment and geographic landscape.

The backup-as-a-service market is segmented as below:
By Application
• online backup
• cloud backup

By Geographical Landscape
• North America
• APAC
• Europe
• South America
• The Middle East and Africa

This study identifies the exponential growth in the volume of data as one of the prime reasons driving the backup-as-a-service market growth during the next few years. Also, the increasing use of IoT and a rise in the number of cyber threats will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the backup-as-a-service market covers the following areas:
• Backup-as-a-service market sizing
• Backup-as-a-service market forecast
• Backup-as-a-service market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading backup-as-a-service market vendors that include Acronis International GmbH, Alphabet Inc., Amazon.com Inc., Arcserve Inc., Cisco Systems Inc., Commvault Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Insight Enterprises Inc., International Business Machines Corp., ITC Ltd., Microsoft Corp., NetApp Inc., NxtGen Datacenter and Cloud Technologies Pvt. Ltd., Proact IT Group AB, Quantum Corp., Rubrik Inc., Veeam Software Group GmbH, and Vembu Technologies Pvt. Ltd. Also, the backup-as-a-service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Read the full report: https://www.reportlinker.com/p03952880/?utm_source=GNW

About Reportlinker
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