1. Business

Cloud Backup and Recovery Market is projected to grow USD 34.75 billion by 2030 at a CAGR of 24.2%

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The Global Cloud Backup and Recovery Market is projected to grow from USD 10.93 billion in 2021 to USD 34.75 billion by 2030 at a CAGR of 24.2% during the forecast period. Cloud backup and recovery is a service that backs up apps and data to the cloud. Cloud backup and recovery solutions give businesses with additional benefits such as data security, storage, cost savings, data virtualization, and time savings. Due to developments in edge computing, most cloud and data recovery subscriptions run on a yearly or monthly basis, and are increasingly widely used by small and medium-sized enterprises.

Major drivers predicted to drive market revenue growth during the forecast period include expanding usage of cloud data backup, increased dangers of data breaches, and an increasing trend toward digitalization. Furthermore, the increasing adoptions of the Internet and smartphones, as well as the growth of a massive amount of data, are predicted to propel the market growth.

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A strong research methodology employed in the winning Cloud Backup and Recovery Market business report consists of data models that include Market Overview and Guide, Vendor Positioning Grid, Market Time Line Analysis, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Businesses can attain details about market drivers and market restraints which assist them to take presumption about reducing or increasing the production of particular product.

The report provides a comprehensive analysis of company profiles listed below:

IBM Corporation
Dell Inc.
Commvault Systems, Inc.
Acronis International GmbH
Hewlett Packard Enterprise
Veeam Software
NetApp, Inc
Amazon Web Services, Inc.

Type Analysis of World Wide Market:

Large Enterprises
Small & Medium Enterprises

Segmentation of global Cloud Backup and Recovery Market by Application:

Telecom & IT

Market segment by Region/Country including:

• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

This Cloud Backup and Recovery market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.

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This research report gives detailed data about the major factors influencing the growth of the Cloud Backup and Recovery market at the global level forecast of the market size, in terms of value, market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve market insight.


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