Global Cloud Backup and Recovery Software Market 2016-2020: Globally Growing At CAGR 12.94%, Significant Forecast, Trends And Opportunity

"The Report Global Cloud Backup and Recovery Software Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

About Cloud Backup and Recovery Software

Cloud or online backup is a method of backing up data that involves sending copies of the data over a public cloud. The server is usually hosted by a third-party service provider that charges the customer a fee based on bandwidth, capacity, number of users, and backup.

Cloud backup and recovery solutions securely copy the files to many servers. These solutions are safe from hard drive failures that are common with PCs. The files are also encrypted so that no one other than the user can view them, protecting the data from viruses and hackers. As well, cloud backup and recovery solutions allow fast and easy access to all backed-up files.

Technavios analysts forecast the global cloud backup and recovery software market to grow at a CAGR of 12.94% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global cloud backup and recovery software market for 2016-2020. To calculate the market size, the report considers the revenue generated from software licenses, maintenance fees, and services. It also presents the vendor landscape and a corresponding detailed analysis of the five vendors operating in the market, which were selected based on their revenue generated from cloud backup and recovery software sales and services.

The market is divided into the following segments based on end-user:

• Manufacturing
• BFSI
• Information and communication technology
• Others

Technavio's report, Global Cloud Backup and Recovery Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

• CA Technologies
• CommVault
• EMC
• IBM
• Microsoft
• Symantec

Other prominent vendors

• Acronis
• Actifio
• Asigra
• Carbonite
• Dell Software
• EVault
• FalconStor Software
• HP
• Intronis
• NetApp
• Unitrends
• Veeam
• Veritas Software Corporation

Market driver

• Focus on reducing IT expenditure
• For a full, detailed list, view our report

Market challenge

• Latency in data transfer
• For a full, detailed list, view our report

Market trend

• Emergence of infrastructure as a service (IaaS) and on-demand cloud providers
• For a full, detailed list, view our report

Table Of Content

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Major vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Cloud storage software classification

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