Pune, India -- (SBWire) -- 01/07/2019 --Summary
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.
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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.
A detailed outline of the global market covers complete data of the various segments in the Backup as a Service market study. The assessment contains the descriptions of the market dynamics, environmental analysis, industry prospects, value chain, market volume, status, and technological upgrades. Further, it inspects the interview records, manufacturing plants, commercial production data, gross profits, and production capacity.
The fundamental purpose of Backup as a Service market Market report is to provide a correct and strategic analysis of the Backup as a Service industry. The report scrutinizes each segment and sub-segments presents before you a 360-degree view of the said market.
The key players covered in this study
Commvault, Symantec, IBM Corporation, Dell EMC, Amazon Web Services, Cisco Systems, Fujitsu,
Backblaze, Hexistor, CA Technologies, Intronis
Market segment by Type, the product can be split into
Public Cloud, Private Cloud, Hybrid Cloud
Market segment by Application, split into
Small Enterprises, Medium Enterprises, Large Enterprises
Market segment by Regions/Countries, this report covers
United States, Europe, China, Japan, Southeast Asia, India, Central & South America
Important Questions Answered in This Report Are:
What are the factors due to which the Global Market is progressing?
What are the extensive next-generation technologies/applications covered in the Global Market? What will be their scope?
Who will be the target audience of the industry?
At what stage of development is the Global Market?
What are the key driving attributes, market trends, short-term, and long-term policies?
What is the outlook for the key emerging players in the Global Market?
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What are the affecting elements that are made reference to in the report?
Market Scenario:
The report further highlights the development trends in the global Backup as a Service market. Factors that are driving the market growth and fueling its segments are also analyzed in the report. The report also highlights on its applications, types, deployments, components, developments of this market.
Key Market Highlights:
The Backup as a Service report gives a top to bottom examination on a portion of the key elements, involving income, cost, limit, limit usage rate, creation, generation rate, utilization, import/send out, supply/request, net, piece of the pie, CAGR, and gross edge. Furthermore, the report shows a far reaching investigation of the market development factors and their most recent patterns, alongside important market fragments and sub-portions.
Highlighted points of Market Report:
Varying dynamics of the industry
Potential changes in sales volumes and worldwide share growth in upcoming years (2018-2025)
Participants' profiles along with product description, overview, and business data
In-depth analysis of market risks, opportunities, limitations, and growth of the market.
Market driving and restraining factors
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Technology in Backup as a Service Market Forecast to 2025: How It Is Going to Impact on Global Industry to Grow in Near Future
Discover how Global Backup as a Service Market is growing with technological advancements, Market strategies of the key players such as Commvault, Symantec, IBM Corporation, Dell EMC, Amazon Web Services