Data Backup and Recovery Market  Global Outlook and Forecast 2030


Posted August 1, 2024 by Divya_123

Data Backup and Recovery Market size was valued at US$ 12.90 Bn. in 2023 and the total Data Backup and Recovery revenue is expected to grow by 10.3% from 2024 to 2030, reaching nearly US$ 25.63 Bn.
 
Data Backup and Recovery Market Report Overview

The growth drivers and challenges, as well as company plans, procedures, and a detailed financial strategy, are all explored in the Data Backup and Recovery research. Customization, as well as extensive information about Data Backup and Recovery industry potential, meets customer expectations. In light of modern industrial conditions, this global Data Backup and Recovery market study helps with structure planning.

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Data Backup and Recovery Market Report Scope and Research Methodology

Market Research Report on Global Data Backup and Recovery Market capabilities an investigation approximately this marketplace and its numerous factors having an effect on the marketplace and ecosystem. This report educates stakeholders on the investment feasibility, market competition, and key players of the Data Backup and Recovery market. The report covers the sector from a qualitative and quantitative information perspective. The report covers a competitive analysis of the Data Backup and Recovery market. It provides a comprehensive list and includes an in-depth explanation for each requirement. Research uncovers a long list of primary and secondary sources used in Data Backup and Recovery Market analysis, such as governmental organizations, customer feedback, journals, and whitepapers.

Data Backup and Recovery Market Regional Insights

In this report, the market size, growth rate, import and export by region, and other pertinent facts are all carefully examined. It is simple to comprehend the Data Backup and Recovery market conditions in various nations thanks to the research’s regional analysis. The Data Backup and Recovery market is composed of markets in North America, Europe, South America, Asia Pacific, and the Middle East.

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Data Backup and Recovery Market Segmentation

by Component

Software
Services


by Service

Professional Services
Managed Services


by Vertical

BFSI
IT and Telecommunications
Retail
Government and Public Sector
Healthcare
Media and Entertainment
Manufacturing
Others

Over the projected period, Vertical projects that the BFSI segment will expand at a compound annual growth rate (CAGR) of 7.3%.
When there is a data crisis, the performance of the bank depends on keeping consistent procedures both during and after the event. Every minute that these companies' networks are unavailable, they are losing not only money but also the trust and confidence of their clientele. The expensive damage brought on by hacks, lost data, and clientele leaving will consequently force many affected organizations to permanently close. Banks need to create a Business Continuity Plan (BCP) that outlines the procedures and systems the company will use in the event of a low-profile, digital, or environmental disaster in order to prevent this.

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Data Backup and Recovery Market Key Players

1. NetApp, Inc.
2. Rackspace, Inc.
3. Veritas Technologies LLC
4. CommVault Systems Inc.
5. Acronis International GmbH
6. Carbonite Inc.
7. Actifio
8. Unitrends
9. Asigra
10. Redstor Limited

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Key Questions answered in the Data Backup and Recovery Market Report are:

What are the Data Backup and Recovery market segments?
Which Data Backup and Recovery market segment is expected to grow rapidly during the forecast period?
Which are the prominent players in the Data Backup and Recovery Industry?
What key trends are expected to emerge in the Data Backup and Recovery market during the forecast period?
Which region dominated the global Data Backup and Recovery market?
Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment |
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segments with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Pune Banglore Highway, Narhe
Country India
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Last Updated August 1, 2024