Global cloud backup markets is expected to witness a higher CAGR in the forecast period. The cloud backup market is driven by rise in adoption of mobile devices and ease of access for cloud backup technology coupled with rise in data accessibility via Internet. In addition, rise in internet users and increase in technological approach to determine loopholes in the network are expected to contribute to the market growth in the forecast period. However, threat of identity theft, server failure and infrequent backups due to power cuts is likely to curb the market growth in the forecast period.
A major trend that influences the growth of cloud backup market includes cloud backup for VM environment. Enterprises are now striving to adopt to virtualization in the coming years to offer major benefits of virtualization.
Download Free Sample Report @ https://www.radiantinsights.com/research/cloud-backup-market/request-sample
By component, the cloud backup market is segmented into service and solution. Service category is further segmented into cloud service provider, managed service provider, communication provider and telecom. Deployment model is further segmented into small & medium enterprises. By industry, the cloud backup market is segmented into financial services, consumer goods, education, media, entertainment, life sciences and healthcare.
Geographical segmentation for cloud backup markets includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. North American and European market accounts for a strong market position due to rise in data solutions and high network bandwidth. European market enjoys a significant position in the global scenario due to rise in cloud deployment technologies and need for cloud in VM environment.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/cloud-backup-market
Asia-Pacific regions account for a significant market positions in the global arena with growth factors such as presence of small and medium enterprises engaged in internet business and need for robust technologies for operations. The key players in the cloud backup market include Microsoft Corporation, Amazon Web Services Inc, VMware Inc, Dropbox Inc, Oracle Inc, EMC Corporation and Rockspace Hosting Inc.
Table of Contents
Read all Reports of this category @ https://www.radiantinsights.com/catalog/ict
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States