Global Cloud Backup and Recovery Market 2023-2027

Description

List of Tables

Technavio has been monitoring the cloud backup and recovery market and it is poised to grow by $20,727.97 mn during 2023-2027, accelerating at a CAGR of 18.43% during the forecast period. Our report on the cloud backup and recovery 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, the latest trends and drivers, and the overall market environment. The market is driven by the reduction in IT expenditure, the increasing demand for cloud-based applications, and stringent security rules and regulations to secure customer data.

Technavio's cloud backup and recovery market is segmented as below:

By Sector

ICT
Manufacturing
BFSI
Healthcare
Others

By End-user

Large enterprises
SMEs

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the rise in cloud security applications as one of the prime reasons driving the cloud backup and recovery market growth during the next few years. Also, the expansion of cloud computing models and multi-cloud services gaining traction will lead to sizable demand in the market.

Technavio 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 the cloud backup and recovery market covers the following areas:

Cloud backup and recovery market sizing
Cloud backup and recovery market forecast
Cloud backup and recovery market industry analysis

Technavio'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 cloud backup and recovery market vendors that include Acronis International GmbH, Actifio Inc., Arcserve (USA), LLC, Asigra Inc., Carbonite Inc., Cohesity Inc., Commvault Systems Inc., Datto Holdings Corp., Google LLC, Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., N able Solutions ULC and N able Technologies Ltd., NetApp Inc., Oracle Corp., Quest Technology Management, Rackspace Technology Inc., Redstor, Unitrends Inc., Veeam Software Group GmbH, and Veritas Technologies LLC. Also, the cloud backup and recovery 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.

Technavio 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. Technavio'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 accurate market growth.

Product Code: IRTNTR43397

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Sector
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global cloud backup and recovery market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global cloud backup and recovery market 2017 - 2021 ($ million)
4.2 Sector Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Sector Segment 2017 - 2021 ($ million)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - End-user Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Sector

6.1 Market segments
Exhibit 30: Chart on Sector - Market share 2022-2027 (%)
Exhibit 31: Data Table on Sector - Market share 2022-2027 (%)
6.2 Comparison by Sector
Exhibit 32: Chart on Comparison by Sector
Exhibit 33: Data Table on Comparison by Sector
6.3 ICT - Market size and forecast 2022-2027
Exhibit 34: Chart on ICT - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on ICT - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on ICT - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on ICT - Year-over-year growth 2022-2027 (%)
6.4 Manufacturing - Market size and forecast 2022-2027
Exhibit 38: Chart on Manufacturing - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Manufacturing - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Manufacturing - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Manufacturing - Year-over-year growth 2022-2027 (%)
6.5 BFSI - Market size and forecast 2022-2027
Exhibit 42: Chart on BFSI - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on BFSI - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on BFSI - Year-over-year growth 2022-2027 (%)
6.6 Healthcare - Market size and forecast 2022-2027
Exhibit 46: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
6.7 Others - Market size and forecast 2022-2027
Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by Sector
Exhibit 54: Market opportunity by Sector ($ million)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 55: Chart on End-user - Market share 2022-2027 (%)
Exhibit 56: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 57: Chart on Comparison by End-user
Exhibit 58: Data Table on Comparison by End-user
7.3 Large enterprises - Market size and forecast 2022-2027
Exhibit 59: Chart on Large enterprises - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Large enterprises - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Large enterprises - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Large enterprises - Year-over-year growth 2022-2027 (%)
7.4 SMEs - Market size and forecast 2022-2027
Exhibit 63: Chart on SMEs - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on SMEs - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on SMEs - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on SMEs - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by End-user
Exhibit 67: Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 69: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 70: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 71: Chart on Geographic comparison
Exhibit 72: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 Canada - Market size and forecast 2022-2027
Exhibit 97: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.10 UK - Market size and forecast 2022-2027
Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.11 China - Market size and forecast 2022-2027
Exhibit 105: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 106: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 107: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on China - Year-over-year growth 2022-2027 (%)
9.12 Germany - Market size and forecast 2022-2027
Exhibit 109: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 110: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 111: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 113: Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 114: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 116: Overview on factors of disruption
11.4 Industry risks
Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 118: Vendors covered
12.2 Market positioning of vendors
Exhibit 119: Matrix on vendor position and classification
12.3 Acronis International GmbH
Exhibit 120: Acronis International GmbH - Overview
Exhibit 121: Acronis International GmbH - Product / Service
Exhibit 122: Acronis International GmbH - Key offerings
12.4 Actifio Inc.
Exhibit 123: Actifio Inc. - Overview
Exhibit 124: Actifio Inc. - Product / Service
Exhibit 125: Actifio Inc. - Key offerings
12.5 Arcserve (USA), LLC
Exhibit 126: Arcserve (USA), LLC - Overview
Exhibit 127: Arcserve (USA), LLC - Product / Service
Exhibit 128: Arcserve (USA), LLC - Key offerings
12.6 Asigra Inc.
Exhibit 129: Asigra Inc. - Overview
Exhibit 130: Asigra Inc. - Product / Service
Exhibit 131: Asigra Inc. - Key news
Exhibit 132: Asigra Inc. - Key offerings
12.7 Carbonite Inc.
Exhibit 133: Carbonite Inc. - Overview
Exhibit 134: Carbonite Inc. - Product / Service
Exhibit 135: Carbonite Inc. - Key offerings
12.8 Commvault Systems Inc.
Exhibit 136: Commvault Systems Inc. - Overview
Exhibit 137: Commvault Systems Inc. - Product / Service
Exhibit 138: Commvault Systems Inc. - Key offerings
12.9 Datto Holdings Corp.
Exhibit 139: Datto Holdings Corp. - Overview
Exhibit 140: Datto Holdings Corp. - Product / Service
Exhibit 141: Datto Holdings Corp. - Key offerings
12.10 Hewlett Packard Enterprise Co.
Exhibit 142: Hewlett Packard Enterprise Co. - Overview
Exhibit 143: Hewlett Packard Enterprise Co. - Business segments
Exhibit 144: Hewlett Packard Enterprise Co. - Key news
Exhibit 145: Hewlett Packard Enterprise Co. - Key offerings
Exhibit 146: Hewlett Packard Enterprise Co. - Segment focus
12.11 International Business Machines Corp.
Exhibit 147: International Business Machines Corp. - Overview
Exhibit 148: International Business Machines Corp. - Business segments
Exhibit 149: International Business Machines Corp. - Key news
Exhibit 150: International Business Machines Corp. - Key offerings
Exhibit 151: International Business Machines Corp. - Segment focus
12.12 Microsoft Corp.
Exhibit 152: Microsoft Corp. - Overview
Exhibit 153: Microsoft Corp. - Business segments
Exhibit 154: Microsoft Corp. - Key news
Exhibit 155: Microsoft Corp. - Key offerings
Exhibit 156: Microsoft Corp. - Segment focus
12.13 N able Solutions ULC and N able Technologies Ltd.
Exhibit 157: N able Solutions ULC and N able Technologies Ltd. - Overview
Exhibit 158: N able Solutions ULC and N able Technologies Ltd. - Product / Service
Exhibit 159: N able Solutions ULC and N able Technologies Ltd. - Key offerings
12.14 Rackspace Technology Inc.
Exhibit 160: Rackspace Technology Inc. - Overview
Exhibit 161: Rackspace Technology Inc. - Product / Service
Exhibit 162: Rackspace Technology Inc. - Key offerings
12.15 Redstor
Exhibit 163: Redstor - Overview
Exhibit 164: Redstor - Product / Service
Exhibit 165: Redstor - Key offerings
12.16 Veeam Software Group GmbH
Exhibit 166: Veeam Software Group GmbH - Overview
Exhibit 167: Veeam Software Group GmbH - Product / Service
Exhibit 168: Veeam Software Group GmbH - Key offerings
12.17 Veritas Technologies LLC
Exhibit 169: Veritas Technologies LLC - Overview
Exhibit 170: Veritas Technologies LLC - Product / Service
Exhibit 171: Veritas Technologies LLC - Key news
Exhibit 172: Veritas Technologies LLC - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 173: Inclusions checklist
Exhibit 174: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 175: Currency conversion rates for US$
13.4 Research methodology
Exhibit 176: Research methodology
Exhibit 177: Validation techniques employed for market sizing
Exhibit 178: Information sources
13.5 List of abbreviations
Exhibit 179: List of abbreviations