PUBLISHER: Acute Market Reports | PRODUCT CODE: 1133536
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1133536
Purpose Built Backup Appliance Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
Increasing Demand Among the Enterprises for Data Protection & Recovery Infrastructure Driving the Growth of Purpose Built Backup Appliance (PBBA) Market
Globally, the purpose built backup appliance market is expected to grow with a CAGR of 10.5% during the forecast period from 2022 to 2030 The growth of the market is driven by the increasing demand among the enterprises for data protection and recovery infrastructure. As organization are shifting towards digitalization and the digital data among is growing exponentially, the need among the organizations for storage and recovery of the data also rises. This is acting is a major force driving the demand for the purpose built backup appliances among enterprises.
The integration of advance technologies among the enterprises such as cloud computing, Big Data enterprises mobility is also driving the demand for data recovery solutions among enterprises. However, relatively high cost of the purpose-built backup appliance is acting as a major constraint in the market growth. Moreover, the presence of an alternate solution for the data backup recovery is also restricting the market growth.
Mainframe is Estimated to Grow Significantly During the Forecast Period
The purpose built backup appliance market is segmented based on the system into mainframe and open system. The open system market accounted for more than 60% share in the PBBA market in 2020. The growth of the market is attributed to capability of the open platform to adapt to any IT platform and infrastructure. Furthermore, the cost effectiveness of the open platform along with the flexibility of the platform is also serving as a major force driving the market growth. However, mainframe platform is estimated to grow significantly during the forecast period due to their efficient storage management solutions.
North America is Leading the Purpose Built Backup Appliance Market
North America governed the purpose-built backup appliance market with 35% share in the revenue in 2020. The growth of the market is driven by the increasing digitalization among enterprises. The explosive growth of digital data among enterprises is also augmenting the demand for the PBBA market. Furthermore, the growing adoption of cloud computing and data analytics solutions is also fostering market growth.
The key players in the purpose-built backup appliance market are Arcserve LLC, Barracuda Networks Inc, Commvault Systems Inc, Dell Inc, Fujitsu Limited, Hewlett Packard Enterprise Company, Hitachi Vantara Corporation, IBM Corporation, NetApp Inc, Oracle Corporation, Quantum Corporation, and Veritas Technologies LLC.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Purpose Built Backup Appliance market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Purpose Built Backup Appliance market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
Research Period 2020-2030
Base Year 2021
Forecast Period 2022-2030
Historical Year 2020
Unit USD Million
Segmentation
Component
Hardware
Software
System
Mainframe
Open
Application
BFSI
Government
Healthcare
Manufacturing
Media & Entertainment
Retail
Telecom & IT
Others
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of Covid-19 Segment (2020-2021; US$ Million )
Pre Covid-19 situation
Post Covid-19 situation
Key questions answered in this report:
What are the key micro and macro environmental factors that are impacting the growth of Purpose Built Backup Appliance market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Purpose Built Backup Appliance market?
Which is the largest regional market for Purpose Built Backup Appliance market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Purpose Built Backup Appliance market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Purpose Built Backup Appliance market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Purpose Built Backup Appliance Market
- 2.2. Global Purpose Built Backup Appliance Market, By Component, 2021 (US$ Million)
- 2.3. Global Purpose Built Backup Appliance Market, By System, 2021 (US$ Million)
- 2.4. Global Purpose Built Backup Appliance Market, By Application, 2021 (US$ Million)
- 2.5. Global Purpose Built Backup Appliance Market, By Geography, 2021 (US$ Million)
- 2.6. Impact of Covid 19
- 2.7. Attractive Investment Proposition by Geography, 2021
- 2.8. Competitive Analysis
- 2.8.1. Market Positioning of Key Purpose Built Backup Appliance Market Vendors
- 2.8.2. Strategies Adopted by Purpose Built Backup Appliance Market Vendors
- 2.8.3. Key Industry Strategies
3. Purpose Built Backup Appliance Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Purpose Built Backup Appliance Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Purpose Built Backup Appliance Market: By Component, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Hardware
- 4.3.2. Software
5. Purpose Built Backup Appliance Market: By System, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Mainframe
- 5.3.2. Open
6. Purpose Built Backup Appliance Market: By Application, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. BFSI
- 6.3.2. Government
- 6.3.3. Healthcare
- 6.3.4. Manufacturing
- 6.3.5. Media & Entertainment
- 6.3.6. Retail
- 6.3.7. Telecom & IT
- 6.3.8. Others
7. North America Purpose Built Backup Appliance Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Purpose Built Backup Appliance Market: By Component, 2020-2030, USD (Million)
- 7.3. Purpose Built Backup Appliance Market: By System, 2020-2030, USD (Million)
- 7.4. Purpose Built Backup Appliance Market: By Application, 2020-2030, USD (Million)
- 7.5.Purpose Built Backup Appliance Market: By Region, 2020-2030, USD (Million)
- 7.5.1.North America
- 7.5.1.1. U.S.
- 7.5.1.2. Canada
- 7.5.1.3. Rest of North America
- 7.5.1.North America
8. UK and European Union Purpose Built Backup Appliance Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Purpose Built Backup Appliance Market: By Component, 2020-2030, USD (Million)
- 8.3. Purpose Built Backup Appliance Market: By System, 2020-2030, USD (Million)
- 8.4. Purpose Built Backup Appliance Market: By Application, 2020-2030, USD (Million)
- 8.5.Purpose Built Backup Appliance Market: By Region, 2020-2030, USD (Million)
- 8.5.1.UK and European Union
- 8.5.1.1. UK
- 8.5.1.2. Germany
- 8.5.1.3. Spain
- 8.5.1.4. Italy
- 8.5.1.5. France
- 8.5.1.6. Rest of Europe
- 8.5.1.UK and European Union
9. Asia Pacific Purpose Built Backup Appliance Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Purpose Built Backup Appliance Market: By Component, 2020-2030, USD (Million)
- 9.3. Purpose Built Backup Appliance Market: By System, 2020-2030, USD (Million)
- 9.4. Purpose Built Backup Appliance Market: By Application, 2020-2030, USD (Million)
- 9.5.Purpose Built Backup Appliance Market: By Region, 2020-2030, USD (Million)
- 9.5.1.Asia Pacific
- 9.5.1.1. China
- 9.5.1.2. Japan
- 9.5.1.3. India
- 9.5.1.4. Australia
- 9.5.1.5. South Korea
- 9.5.1.6. Rest of Asia Pacific
- 9.5.1.Asia Pacific
10. Latin America Purpose Built Backup Appliance Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Purpose Built Backup Appliance Market: By Component, 2020-2030, USD (Million)
- 10.3. Purpose Built Backup Appliance Market: By System, 2020-2030, USD (Million)
- 10.4. Purpose Built Backup Appliance Market: By Application, 2020-2030, USD (Million)
- 10.5.Purpose Built Backup Appliance Market: By Region, 2020-2030, USD (Million)
- 10.5.1.Latin America
- 10.5.1.1. Brazil
- 10.5.1.2. Mexico
- 10.5.1.3. Rest of Latin America
- 10.5.1.Latin America
11. Middle East and Africa Purpose Built Backup Appliance Market, 2020-2030, USD (Million)
- 11.1. Market Overview
- 11.2. Purpose Built Backup Appliance Market: By Component, 2020-2030, USD (Million)
- 11.3. Purpose Built Backup Appliance Market: By System, 2020-2030, USD (Million)
- 11.4. Purpose Built Backup Appliance Market: By Application, 2020-2030, USD (Million)
- 11.5.Purpose Built Backup Appliance Market: By Region, 2020-2030, USD (Million)
- 11.5.1.Middle East and Africa
- 11.5.1.1. GCC
- 11.5.1.2. Africa
- 11.5.1.3. Rest of Middle East and Africa
- 11.5.1.Middle East and Africa
12. Company Profile
- 12.1. Arcserve LLC
- 12.1.1. Company Overview
- 12.1.2. Financial Performance
- 12.1.3. Product Portfolio
- 12.1.4. Strategic Initiatives
- 12.2. Barracuda Networks Inc.
- 12.2.1. Company Overview
- 12.2.2. Financial Performance
- 12.2.3. Product Portfolio
- 12.2.4. Strategic Initiatives
- 12.3. Commvault Systems Inc.
- 12.3.1. Company Overview
- 12.3.2. Financial Performance
- 12.3.3. Product Portfolio
- 12.3.4. Strategic Initiatives
- 12.4. Dell Inc.
- 12.4.1. Company Overview
- 12.4.2. Financial Performance
- 12.4.3. Product Portfolio
- 12.4.4. Strategic Initiatives
- 12.5. Fujitsu Limited
- 12.5.1. Company Overview
- 12.5.2. Financial Performance
- 12.5.3. Product Portfolio
- 12.5.4. Strategic Initiatives
- 12.6. Hewlett Packard Enterprise Company
- 12.6.1. Company Overview
- 12.6.2. Financial Performance
- 12.6.3. Product Portfolio
- 12.6.4. Strategic Initiatives
- 12.7. Hitachi Vantara Corporation
- 12.7.1. Company Overview
- 12.7.2. Financial Performance
- 12.7.3. Product Portfolio
- 12.7.4. Strategic Initiatives
- 12.8. IBM Corporation
- 12.8.1. Company Overview
- 12.8.2. Financial Performance
- 12.8.3. Product Portfolio
- 12.8.4. Strategic Initiatives
- 12.9. NetApp Inc.
- 12.9.1. Company Overview
- 12.9.2. Financial Performance
- 12.9.3. Product Portfolio
- 12.9.4. Strategic Initiatives
- 12.10. Oracle Corporation
- 12.10.1. Company Overview
- 12.10.2. Financial Performance
- 12.10.3. Product Portfolio
- 12.10.4. Strategic Initiatives
- 12.11. Quantum Corporation
- 12.11.1. Company Overview
- 12.11.2. Financial Performance
- 12.11.3. Product Portfolio
- 12.11.4. Strategic Initiatives
- 12.12. Veritas Technologies LLC
- 12.12.1. Company Overview
- 12.12.2. Financial Performance
- 12.12.3. Product Portfolio
- 12.12.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Purpose Built Backup Appliance Market By Component, 2020-2030, USD (Million)
- TABLE 2 Global Purpose Built Backup Appliance Market By System, 2020-2030, USD (Million)
- TABLE 3 Global Purpose Built Backup Appliance Market By Application, 2020-2030, USD (Million)
- TABLE 4 North America Purpose Built Backup Appliance Market By Component, 2020-2030, USD (Million)
- TABLE 5 North America Purpose Built Backup Appliance Market By System, 2020-2030, USD (Million)
- TABLE 6 North America Purpose Built Backup Appliance Market By Application, 2020-2030, USD (Million)
- TABLE 7 UK and European Union Purpose Built Backup Appliance Market By Component, 2020-2030, USD (Million)
- TABLE 8 UK and European Union Purpose Built Backup Appliance Market By System, 2020-2030, USD (Million)
- TABLE 9 UK and European Union Purpose Built Backup Appliance Market By Application, 2020-2030, USD (Million)
- TABLE 10 Asia Pacific Purpose Built Backup Appliance Market By Component, 2020-2030, USD (Million)
- TABLE 11 Asia Pacific Purpose Built Backup Appliance Market By System, 2020-2030, USD (Million)
- TABLE 12 Asia Pacific Purpose Built Backup Appliance Market By Application, 2020-2030, USD (Million)
- TABLE 13 Latin America Purpose Built Backup Appliance Market By Component, 2020-2030, USD (Million)
- TABLE 14 Latin America Purpose Built Backup Appliance Market By System, 2020-2030, USD (Million)
- TABLE 15 Latin America Purpose Built Backup Appliance Market By Application, 2020-2030, USD (Million)
- TABLE 16 Middle East and Africa Purpose Built Backup Appliance Market By Component, 2020-2030, USD (Million)
- TABLE 17 Middle East and Africa Purpose Built Backup Appliance Market By System, 2020-2030, USD (Million)
- TABLE 18 Middle East and Africa Purpose Built Backup Appliance Market By Application, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Purpose Built Backup Appliance Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Purpose Built Backup Appliance Market: Quality Assurance
- FIG. 5 Global Purpose Built Backup Appliance Market, By Component, 2021
- FIG. 6 Global Purpose Built Backup Appliance Market, By System, 2021
- FIG. 7 Global Purpose Built Backup Appliance Market, By Application, 2021
- FIG. 8 Global Purpose Built Backup Appliance Market, By Geography, 2021
- FIG. 9 Global Purpose Built Backup Appliance Market, By Component, 2021 Vs 2030, %
- FIG. 10 Global Purpose Built Backup Appliance Market, By System, 2021 Vs 2030, %
- FIG. 11 Global Purpose Built Backup Appliance Market, By Application, 2021 Vs 2030, %
- FIG. 12 U.S. Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 13 Canada Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 14 Rest of North America Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 15 UK Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 16 Germany Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 17 Spain Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 18 Italy Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 19 France Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 20 Rest of Europe Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 21 China Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 22 Japan Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 23 India Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 24 Australia Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 25 South Korea Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 26 Rest of Asia Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 27 Brazil Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 28 Mexico Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 29 Rest of Latin America Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 30 GCC Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 31 Africa Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
- FIG. 32 Rest of Middle East and Africa Purpose Built Backup Appliance Market (US$ Million), 2020 - 2030
