Global Backup-as-a-service Market 2021-2025
Researcher has been monitoring the backup-as-a-service market and it is poised to grow by $ 14.29 bn during 2021-2025, progressing at a CAGR of over 32% during the forecast period. Our report on backup-as-a-service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand to shift from CAPEX to OPEX model, growing need to simplify solutions for backup, and need to comply with regulations. In addition, increasing demand to shift from CAPEX to OPEX model is anticipated to boost the growth of the market as well.
The backup-as-a-service market analysis include application segment and geographic landscape.
Researcher's backup-as-a-service market is segmented as below:

By Application

• Online backup
• Cloud backup
By Geography
• North America
• APAC
• Europe
• South America
• MEA
This study identifies the exponential growth in volume of data as one of the prime reasons driving the backup-as-a-service market growth during the next few years. Also, increasing use of IoT and rise in number of cyberthreats will lead to sizable demand in the market.
Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on backup-as-a-service market covers the following areas:
• Backup-as-a-service market sizing
• Backup-as-a-service market forecast
• Backup-as-a-service market industry analysis
Researcher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading backup-as-a-service market vendors that include Acronis International GmbH, Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Microsoft Corp., NetApp Inc., Quantum Corp., and International Business Machines Corp. Also, the backup-as-a-service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Researcher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.