ReleaseWire

Backup as a Service Market Astonishing Growth: Cisco Systems, Fujitsu, Backblaze

Posted: Thursday, March 07, 2019 at 7:20 PM CST

Edison, NJ -- (SBWire) -- 03/07/2019 --HTF MI recently Announced Global Backup as a Service study with 100+ market data Tables and Figures spread through Pages and easy to understand detailed TOC on "Backup as a Service. Global Backup as a Service research allows you to get different methods for maximizing your profit. The research study provides estimates for Global Backup as a Service Forecast till 2025*. Some of the Leading key Company's Covered for this Research are Commvault, Symantec, IBM Corporation, Dell EMC, Amazon Web Services, Cisco Systems, Fujitsu, Backblaze, Hexistor, CA Technologies & Intronis.

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Storing and securing a company?s data as backup is now a highly lucrative part of the cloud computing industry. Backup as a service holds players that can offer its clients a relatively unconventional but increasingly safe way to back up their valuable data and use it in the event of a recovery process. This is done through the use of online portals and cloud computing servers. As with most key cloud computing service offerings, backup as a service can allow a client to refer to a centralized system that is completely online and can therefore operate devoid of in house infrastructure or assets. This can result in an overall savings in cost and time for the client in the long run. Rather than being forced to manage private assets such as tapes and hard disks along with having to hire specialized labor for its maintenance, a company can now simply avail the best possible backup as a service model for them from a plethora of options.
One of the key trends in the backup-as-a-service market is the increasing use of IoT. A huge amount of data is generated from the interaction of globally situated smart infrastructure and smart appliances. Similar to most other cloud based solutions, backup as a service can come under public or private models, with a growing number of service providers also offering hybrid services to bring the best of both worlds. One of the most common phases when a company can switch to back up as a service models is when they have outgrown their own legacy models. The market is majorly driven by North America due to large-scale industrialization and large number of telecommunication and IT service providers based in this region. Furthermore, increasing focus of organizations to offer better customer experience and technology penetration to gain competitive advantage is anticipated and is estimated to expand at the highest CAGR rate in the near future.
In 2017, the global Backup as a Service market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

Global Backup as a Service Research for a Leading company is an intelligent process of gathering and analyzing the numerical data related to services and products. This Research Give idea to aims at your targeted customer's understanding, needs and wants. Also, reveals how effectively a company can meet their requirements. The market research collects data about the customers, marketing strategy, competitors. The Backup as a Service Manufacturing industry is becoming increasingly dynamic and innovative, with more number of private players entering the industry.

Important Features that are under offering & key highlights of the report:

1) Who are the Leading Key Company in Global Backup as a Service market space?

Following are list of players that are currently profiled in the report "Commvault, Symantec, IBM Corporation, Dell EMC, Amazon Web Services, Cisco Systems, Fujitsu, Backblaze, Hexistor, CA Technologies & Intronis"

** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.
2) What will the market size be in 2025 and what will the growth rate be?
In 2019, the Global Backup as a Service market size was xx million USD and it is expected to reach USD xx million by the end of 2025, with a CAGR of xx% during 2019-2025.

3) What are the Market Applications & Types:

The study is segmented by following Product Type: , Public Cloud, Private Cloud & Hybrid Cloud

Major applications/end-users industry are: Small Enterprises, Medium Enterprises & Large Enterprises

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

To comprehend Global Backup as a Service market dynamics in the world mainly, the worldwide Backup as a Service market is analyzed across major regions. HTF MI also provides customized specific regional and country-level reports for the following areas.
- North America: United States, Canada, and Mexico.
- South & Central America: Argentina, Chile, and Brazil.
- Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
- Europe: UK, France, Italy, Germany, Spain, and Russia.
- Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
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Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Commvault, Symantec, IBM Corporation, Dell EMC, Amazon Web Services, Cisco Systems, Fujitsu, Backblaze, Hexistor, CA Technologies & Intronis includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.
Research Parameter/ Research Methodology

Primary Research:
The primary sources involves the industry experts from the Global Backup as a Service industry including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – industry experts such as CEOs, vice presidents, marketing director, technology & innovation directors, founders and related key executives from various key companies and organizations in the Global Backup as a Service in the industry have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.

Secondary Research:
In the Secondary research crucial information about the industries value chain, total pool of key players, and application areas. It also assisted in market segmentation according to industry trends to the bottom-most level, geographical markets and key developments from both market and technology oriented perspectives.

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In this study, the years considered to estimate the market size of Global Backup as a Service are as follows:
History Year: 2013-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

Key Stakeholders in Global Backup as a Service Market:
Global Backup as a Service Manufacturers
Global Backup as a Service Distributors/Traders/Wholesalers
Global Backup as a Service Subcomponent Manufacturers
Industry Association
Downstream Vendors

**Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Backup as a Service