Cloud Backup Market Analysis & Forecast 2020-2026

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Cloud Backup Market To Reach USD 10.04 Billion By
2026
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Market Summary
The global cloud backup market is forecast to
reach USD 10.04 Billion by 2026, according to a
new report by Reports and Data. The cloud backup
solutions provide a virtual remote server storage
for the data and applications of any businesses
or individuals. Most organizations opt to back up
all the important business and operational data
to the cloud to keep them readily available in
case of a system failure, outage or any
unpleasant disaster. The cloud server backup has
been compulsory for most of the organizations for
their critical data and a virtual storage server
for remote accessibility.
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Our Approach
Market Summary

• The global cloud backup market is growing
  predominantly as the amount of data is being
  elevated globally. The inclination towards
  digitization across all the industry verticals
  have been the primary reason the cloud backup
  solution is earnestly demanded. SMEs are
  forecasted to contribute remarkably in the
  forecast period due to a massive adoption of the
  cloud deployment for their internal data and
  applications. APAC is forecasted to achieve the
  fastest growth of about 32.8 in the period 2019
  2026, due to an increase in the cloud
  deployment of data in the countries like China,
  Singapore, and India. North America holds the
  highest market share of 37.6 in 2018 because of
  the prodigious rate of deployment of the cloud
  backup solutions.
• Key participants include Microsoft Corporation,
  Amazon.com, Barracuda Networks, Hewlett Packard
  Enterprise Development, NetApp, Acronis
  International Gmbh, IBM Corporation, Efolder,
  Inc., Datto, Inc., and Code42 Software, Inc.
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Our Approach
Market Summary

• Further key findings from the report suggest
• The hybrid cloud is the composition of two or
  more distinct private and public cloud
  infrastructure. It helps to deliver a
  high-security features of a private cloud,
  coupled with public clouds faster connectivity
  and easy-to-access features. The hybrid cloud is
  expected to achieve a market valuation of USD
  2.94 Billion by 2026. The CAGR is calculated as
  28.0 throughout the forecast period.
• In an incremental backup, the successive copies
  of the data containing the portion that has
  changed since the preceding backup copy was
  uploaded, is uploaded only and in case of a full
  back up, the last full back up is taken into
  operation. The incremental backup had a market
  share of USD 0.22 Billion in 2018.
• Europe would reach a market share of 26.7 by
  2026, having grown at a CAGR of 25.6 in the
  forecast period. United Kingdom and Germany have
  the most number of valuable players in this
  region.
• North America is leading the global market, with
  37.6 of market possession in 2018 and would
  continue dominating the global market with a CAGR
  of 27.7 during the forecast period. United
  States possessed the highest market share in the
  worldwide marketContinued

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Our Approach
Market Summary

• For the purpose of this report, Reports and Data
  have segmented the global cloud backup market on
  the basis of the type, type of backup, component,
  type of cloud, organization size, end-use
  industries, and region
• Type Outlook (Revenue USD Billion 2016-2026)
• Solution
• Service
• Type of Backup Outlook (Revenue USD Billion
  2016-2026)
• Full Backup
• Incremental
• Differential
• Periodic Backup
• Mirror Backup

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Our Approach
Market Summary

• Component Outlook (Revenue USD Billion
  2016-2026)
• Data Storage
• Data Archiving Application Hosting
• Cloud Integration Migration
• Security Encryption
• Latency Auto-Scaling
• Support Maintenance
• Training Consulting
• Others
• Type of Cloud Outlook (Revenue USD Billion
  2016-2026)
• Public
• Private
• Hybrid
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  https//www.reportsanddata.com/discount-enquiry-fo
  rm/2397

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Our Approach
Market Summary

• Organization Size Outlook (Revenue USD Billion
  2016-2026)
• Large Enterprises
• SMEs
• End-Use Industries Outlook (Revenue USD Billion
  2016-2026)
• IT Telecommunication
• BFSI
• Government Public Sectors
• Retail E-commerce
• Media Entertainment
• Healthcare Sectors
• Manufacturing Industries
• Others
• To identify the key trends in the industry, click
  on the link below https//www.reportsanddata.com/
  report-detail/cloud-backup-market

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Our Approach
About Us

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  aware about the latest trends existent in the
  market. Reports and Data has a strong base of
  experienced analysts from varied areas of
  expertise.
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