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Cloud backup and recovery services automatically backup information from different parts of an organization. This helps organizations in avoiding the risk of loss of crucial business data. Also, it facilitates organizations in scaling resources. Moreover, it reduces the burden on IT experts. It also improves the enterprise data security procedures. However, the latency between cloud services can slow down the adoption of cloud backup solutions. Therefore, there is a need for an operational model to make the most of backup solution.

Currently, the average recovery time is a couple of days, although it varies according to the volume of data. The demand for cloud backup is increasing due to the rising number of companies transferring their data to the cloud.

Market Dynamics:

Various industries are deploying cloud-based services. Increasing demand for big data and smart devices have helped increase the adoption of this technology. Moreover, the need to cut down on IT expenses is also driving growth of the global cloud backup & recovery software market. Another driving factor is the increasing number of organizations adopting cloud computing. Besides, the emergence of IaaS providers is another opportunity for the growth of the cloud backup and recovery software market. 

However, the high cost of software and technical limitations, along with slow reaction time of data retrieval are the factors expected to hamper growth of the global cloud backup & recovery market over the forecast period.

Key features of the study:

  • This report provides in-depth analysis of the global cloud backup & recovery software market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global cloud backup & recovery software market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Veritas Technologies Llc., Actifio Inc., Veeam Softwares, Commvault Systems Inc., Symantec Corporation, Ca Technologies, Microsoft Corporation, Dell Technologies Inc., Ibm Corporation, and Hewlett Packard Enterprise
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global cloud backup & recovery software market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cloud backup & recovery software market

Detailed Segmentation:

  • Global Cloud Backup & Recovery Software Market, By Deployment Model
    • Private
    • Public
    • Hybrid
  • Global Cloud Backup & Recovery Software Market, By User Type
    • Large Enterprises
    • Small & Medium Enterprises
  • Global Cloud Backup & Recovery Software Market, By Industry Vertical
    • BFSI
    • Government
    • Healthcare
    • Telecom & IT
    • Retail
    • Manufacturing
    • Others
  • Global Cloud Backup & Recovery Software Market, By Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • Actifio Inc.
    • Commvault Systems Inc.
    • Ca Technologies
    • Dell Technologies Inc.
    • Hewlett Packard Enterprise
    • Ibm Corporation
    • Microsoft Corporation
    • Symantec Corporation
    • Veeam Softwares
    • Veritas Technologies LLC

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snapshot, By Deployment Model
      • Market Snapshot, By User Type
      • Market Snapshot, By Industry Vertical
      • Market Snapshot, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Growing demand for cloud-based services in various industry verticals
        • Growing focus on reduction of IT expenditure
      • Restraints
        • Problems regarding storage management and securing backups
        • Slow reaction time in data retrieval and interruptions
      • Opportunities
        • Rise in adoption of cloud backup & recovery solutions among small and medium enterprises
    • Impact Analysis
    • Key Highlights
    • Regulatory Scenario
    • Product launch/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Merger and Acquisition Scenario
  4. Global Cloud Backup & Recovery Software Market – Impact of Coronavirus (COVID-19) Pandemic
    • COVID-19 Epidemiology
    • Supply Side and Demand Side Analysis
    • Economic Impact
  5. Global Cloud Backup & Recovery Software Market , By Deployment Model, 2017-2030, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2022 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 – 2030
      • Segment Trends
    • Private
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
    • Public
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
    • Hybrid
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
  6. Global Cloud Backup & Recovery Software Market , By User Type, 2017-2030, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2022 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 – 2030
      • Segment Trends
    • Large Enterprises
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
    • Small & Medium Enterprises
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
  7. Global Cloud Backup & Recovery Software Market , By Industry Vertical, 2017-2030, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2022 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 – 2030
      • Segment Trends
    • BFSI
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
    • Government
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
    • Healthcare
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
    • Telecom & IT
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
    • Large Enterprises
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
    • Retail
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
    • Manufacturing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
  8. Global Cloud Backup & Recovery Software Market , By Region, 2017-2030, (US$ Mn)
    • Introduction
      • Market Share Analysis, By Country, 2022 and 2030 (%)
      • Y-o-Y Growth Analysis, For Country 2017–2030
      • Country Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Deployment Model, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By User Type, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2017-2030,(US$ Mn)
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Deployment Model, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By User Type, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2017-2030,(US$ Mn)
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Deployment Model, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By User Type, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2017-2030,(US$ Mn)
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Deployment Model, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By User Type, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2017-2030,(US$ Mn)
    • Middle East & Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Deployment Model, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By User Type, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2017-2030,(US$ Mn)
    • Rest of World
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Deployment Model, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By User Type, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2017-2030,(US$ Mn)
  9. Competitive Landscape
    • Actifio Inc.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Commvault Systems Inc.
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Ca Technologies
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Dell Technologies Inc.
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Hewlett Packard Enterprise
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Ibm Corporation
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Microsoft Corporation
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Symantec Corporation
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Veeam Softwares
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Veritas Technologies LLC
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
      • Analyst Views
  10. Section
    • Research Methodology
    • About us

*Browse 24 market data tables and 28 figures on “Global Cloud Backup & Recovery Software Market” - Global forecast to 2030

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