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Cloud Backup Markets: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024

By Johnmiller2504    14 / Mar / 2019    In Category Computer Software


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.

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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.

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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

  1. Cloud Back-up: Market Description and Market Dynamics 17
    1.1 Cloud Back-up 17
    1.2 High-Performance Switches Implement Software Defined Data Center 19
  2. Cloud Back-up Market Shares and Forecasts 20
    2.1 Cloud Back-up Market Driving Forces 20
    2.1.1 Value of Cloud Back-Up Companies Is the Customer Base That Can be Converted to Cloud 22
    2.2 Cloud Back-up Market Shares 22
    2.3 Cloud Back-up Market Forecasts 27
    2.3.1 Cloud Back-up Market Segments Analysis CSP, MSP, and Telco, 2012-2017
    2.4 Cloud Back-up Pricing 34
    2.5 Cloud Back-up and Storage for Private, Public, and Hybrid Market Sectors 36
    2.5.1 Private Cloud 40
    2.5.2 Public Cloud 41
    2.5.3 Hybrid Cloud 41
    2.5.4 Social Media Always on Data Centers 41
    2.6 Cloud Back-up Regional Market Segments 42

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