Market Insights Reports delivers key insights on the Blockchain in Manufacturing market in its latest report titled, “Cloud Backup Market- Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” provides an in-depth analysis of key players strategies, market growth, product demand, growth factors, technological innovations, regional outlook and global dynamics which includes drivers, challenges, and opportunities dominant in the industry. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
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The Cloud Backup Market is expected to register a CAGR of approximately 24% during the forecast period (2021 – 2026)
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Top LeadingCompaniesof Global Cloud Backup Market are IBM Corporation, Dell EMC, Backblaze Inc., Acronis International GmbH, Arcserve LLC, Rubrik, Veritas Technologies, Barracuda Networks, Inc., Carbonite, Inc., Commvault Systems, Inc., Cohesity, Inc.and others.
Industry News and updates:
– June 2020 – Otava extended its cloud solution by adding Otava Cloud Backup for Microsoft 365. The new Software as a Service (SaaS) offering provides a backup service powered by Veeam for users of Microsoft 365 online applications.
– April 2020 – Veeam Software collaborated with Microsoft Azure to provide its New Veeam Backup, an enterprise-ready cloud backup and recovery solution for Microsoft Azure. The new offering will enable customers and service providers to move more applications and data to Azure and to cost-effectively, securely, and easily protect cloud applications and data in Azure.
Key Market Trends
BFSI Expected to Exhibit Maximum Adoption
– The Banking Industry is rapidly adopting digital banking and investment solutions, which is also augmenting the demand for cloud computing in the BFSI industry. It provides greater business agility and scalability to the organizations in the industry. Several financial service organizations are migrating to cloud solutions to deliver innovation, customization, and security to gain a competitive edge.
– According to Capgemini, cloud solutions are helping the banks to significantly cut expenses by slashing infrastructure costs by a quarter and potentially saving about USD 15 billion by 2019. Hence, many vendors are providing IaaS and PaaS applications to eliminate the need to manage to host, maintaining, updating, and scaling service operations. These trends are expected to boost further the adoption of cloud backup solutions in the BFSI industry.
– Further, the increasing instances of data breaches in the banking sector are propelling the banks to adopt cloud backup solutions, which will enable them to recover from any disaster. Public cloud solutions provide an enhanced backup resource to ensure business continuity despite a disaster.
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Investigator Observers Strong Growth in Specific Regions:
– North America (United States, Canada, Mexico)
-Europe (Germany, UK, France, Italy, Spain, Russia)
-Asia-Pacific (China, Japan, South Korea, Australia, India)
-South America (Brazil, Argentina, Columbia)
-The Middle East and Africa (UAE, Egypt, South Africa)
This Blockchain in Manufacturing Market report addresses:
– The Market size from 2016-2021
– Expected market growth until 2026
– Forecast of how market drivers, restraints, and future opportunities will affect
– Segment and regions that will drive or lead the market growth and why
– Comprehensive mapping of the competitive landscape
– In-depth analysis of key sustainability strategies adopted by market place
The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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– The market estimate (ME) sheet in Excel format
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The Cloud Backup Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
“The Cloud Backup Market is expected to register a CAGR of approximately 24% during the forecast period (2020 – 2025).”
Top LeadingCompanies of Cloud Backup Market are IBM Corporation, Dell EMC, Backblaze Inc., Acronis International GmbH, Arcserve LLC, Rubrik, Veritas Technologies, Barracuda Networks, Inc., Carbonite, Inc., Commvault Systems, Inc., Cohesity, Inc. and others.
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Key Market Trends:
BFSI Expected to Exhibit Maximum Adoption
– The Banking Industry is rapidly adopting digital banking and investment solutions, which is also augmenting the demand for cloud computing in the BFSI industry. It provides greater business agility and scalability to the organizations in the industry. Several financial service organizations are migrating to cloud solutions to deliver innovation, customization, and security to gain a competitive edge.
– According to Capgemini, cloud solutions are helping the banks to significantly cut expenses by slashing infrastructure costs by a quarter and potentially saving about USD 15 billion by 2019. Hence, many vendors are providing IaaS and PaaS applications to eliminate the need to manage to host, maintaining, updating, and scaling service operations. These trends are expected to boost further the adoption of cloud backup solutions in the BFSI industry.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
Backblaze Incremental Backup
– South America Market (Brazil, Argentina, Colombia)
Backblaze Inc San Mateo
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
– Global Cloud Backup Market Size & Analysis (2015 – 2025)
– Market Share Analysis of Global Cloud Backup Market (%),2015 – 2025
– Global Cloud Backup Market Share, By Brand
– Global Cloud Backup Market Share, By Company
– Global Cloud Backup Market Assessment & Opportunity (Value),2015 – 2025
– Major Companies Cloud Backup Market Value Analysis & Forecast
– Promising Cloud Backup Development by Major Companies
– Detailed Cloud Backup Portfolio of the Major Companies
– Major Deals in the Global Cloud Backup Market
– Major Companies Analysis
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The Report Answers the Following Questions about the Global Cloud Backup Market:
– What is the size of the global Cloud Backup market during 2015-2026?
– What will be the revenue generated by each Cloud Backup during the forecast period?
– Which Cloud Backup provides the highest market share?
– What are the leading companies dominating the global Cloud Backup market? What is the share of these companies in the global Cloud Backup market?
– How will the industry evolve during the forecast period 2021-2026?
– What is the key development implemented by the leading players to stand out in this market?
– Who are the key players in this market space?
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Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.