PUBLISHER: The Business Research Company | PRODUCT CODE: 1888366
PUBLISHER: The Business Research Company | PRODUCT CODE: 1888366
Offsite backup services involve storing copies of data at a remote location separate from the primary system to ensure data protection and recovery in the event of system failure, cyberattacks, or natural disasters. These services typically transfer data over secure networks to cloud-based or physically distant data centers. By keeping data offsite, organizations can maintain business continuity and protect critical information from localized risks or data loss events.
The key service types of offsite backup services include cloud backup, managed backup, hybrid backup, tape vaulting, and others. Cloud backup involves securely storing data and applications on remote cloud servers to ensure data protection, disaster recovery, and business continuity. These services are deployed through public cloud, private cloud, hybrid cloud, and on-premises models, serving both small and medium enterprises (SMEs) and large enterprises. The key end users include banking, financial services and insurance (BFSI), healthcare, IT and telecommunications, government, retail, manufacturing, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the information technology sector, particularly in hardware manufacturing, data infrastructure, and software deployment. Higher duties on imported semiconductors, circuit boards, and networking equipment have raised production and operational costs for tech firms, cloud service providers, and data centers. Companies relying on globally sourced components for laptops, servers, and consumer electronics are facing longer lead times and increased pricing pressures. In parallel, tariffs on specialized software tools and retaliatory measures from key international markets have disrupted global IT supply chains and reduced overseas demand for U.S.-developed technologies. To navigate these challenges, the sector is accelerating investments in domestic chip fabrication, diversifying supplier bases, and adopting AI-driven automation to enhance operational resilience and cost efficiency.
The offsite backup services market research report is one of a series of new reports from The Business Research Company that provides offsite backup services market statistics, including offsite backup services industry global market size, regional shares, competitors with a offsite backup services market share, detailed offsite backup services market segments, market trends and opportunities, and any further data you may need to thrive in the offsite backup services industry. This offsite backup services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The offsite backup services market size has grown rapidly in recent years. It will grow from $9.45 billion in 2024 to $11.01 billion in 2025 at a compound annual growth rate (CAGR) of 16.5%. The growth in the historic period can be attributed to increasing data generation, rising need for disaster recovery, growing awareness about data security, expansion of cloud infrastructure, and increasing adoption of digital storage solutions.
The offsite backup services market size is expected to see rapid growth in the next few years. It will grow to $20.01 billion in 2029 at a compound annual growth rate (CAGR) of 16.1%. The growth in the forecast period can be attributed to rising demand for hybrid cloud backups, increasing focus on data compliance regulations, growing use of AI for data management, expansion of remote working environments, and increasing investment in cybersecurity measures. Key trends in the forecast period include technological advancements in backup automation, innovations in cloud-based recovery solutions, developments in AI-driven data protection, research and development in storage optimization, and improvements in encryption and security protocols.
The increase in cyber threats is expected to drive the growth of the offsite backup services market in the coming years. Cyber threats refer to malicious attempts by individuals or groups to damage, disrupt, or gain unauthorized access to digital systems, networks, or data. The rise in cyber threats is fueled by greater digital connectivity, as more devices and online services create additional opportunities for attacks and unauthorized access. Offsite backup services mitigate these threats by securely storing critical data away from primary systems, ensuring rapid recovery in the event of ransomware attacks or data breaches. For example, in June 2025, GOV.UK reported that an estimated 3% of all businesses and 1% of all charities in the UK experienced fraud resulting from a cyber breach or attack (cyber-facilitated fraud) over the past 12 months, equating to approximately 40,000 businesses and 2,000 charities. This demonstrates how the rise in cyber threats is propelling the growth of the offsite backup services market.
Key companies in the offsite backup services market are focusing on innovative solutions such as hybrid cloud backup to provide seamless data protection, faster recovery times, enhanced scalability, and secure replication across on-premises and cloud environments. Hybrid cloud backup combines on-premises storage with cloud-based storage to ensure secure, scalable, and easily recoverable backups. For instance, in November 2024, ISSQUARED Inc., a US-based IT and cybersecurity solutions provider, launched the Fabulix Backup and Disaster Recovery (DR) platform, a hybrid, appliance-based solution delivering comprehensive data protection. The platform integrates real-time replication, data deduplication, and automated recovery to ensure business continuity across physical, virtual, and cloud environments. With ransomware protection, centralized monitoring, and compliance with global security standards, Fabulix enhances data resilience, minimizes downtime, and offers a scalable, cost-efficient approach to modern disaster recovery.
In June 2025, NinjaOne, a US-based provider of unified IT management solutions, acquired Dropsuite for $270 million. This strategic acquisition allows NinjaOne to offer a unified backup suite that delivers secure automated backup across endpoints, servers, Microsoft 365, Google Workspace, and real-time email archiving. Dropsuite is an Australia-based cloud software company specializing in cloud backup services.
Major players in the offsite backup services market are Google LLC, Microsoft Corporation, Amazon Web Services (AWS), Dell Technologies, IBM Corporation, Oracle Corporation, NetApp, NTT Communications, Commvault, Rubrik, Veeam Software, Cohesity, Barracuda Networks, Druva, Backblaze, Unitrends, Zadara, Rackspace Technology, Wasabi Technologies, and Acronis.
North America was the largest region in the offsite backup services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in offsite backup services report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the offsite backup services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The offsite backup services market includes revenues earned by entities by providing services such as data backup, disaster recovery, data archiving, cloud storage management, data encryption, data replication, managed backup services, recovery testing, data monitoring, and maintenance support. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Offsite Backup Services Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on offsite backup services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for offsite backup services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The offsite backup services market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.