Backup as a Service Market – Global Industry Analysis and Forecast (2022-2029)

Backup as a Service Market is expected to reach US$ 25.43 Bn. by 2029, at a CAGR of 32% throughout the forecast period. Online backup service (BaaS), refers to frequent backup of folders, files, or the entire content of hard disks by service providers to remote secure cloud-based data repositories. One trend affecting this market is the increase in use of IoT. In IoT, huge amounts of data are generated from the interaction of globally located smart organization and smart appliances. Explosion of data generated by IoT devices have created an opportunity to gain new visions into the world. Most of the enterprises, government agencies, and other pioneering businesses are implementing IoT technologies like software, devices, and sensors.Backup as a Service MarketTo know about the Research Methodology :- Request Free Sample Report The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. One driver manipulating this market is the increase in demand to move from CAPEX to OPEX. Move from CAPEX to OPEX model is the main reason driving the rapid adoption of BaaS in numerous industry verticals. Key benefit of executing BaaS solutions is the pay-per-use pricing model where clients have to pay for what they use. Cloud backup is also called as backup as a service (BaaS), is a method of offsite data storage in which files, folders, or the entire contents of a hard drive are backed up on regular basis by a service vendor to a remote secure cloud-based data repository through the network connection. Purpose of online backup is simple and open, to protect the information, whether it is business data or personal, from the risk of loss related with user error, hacking, or any other kind of technological disaster. As an alternative of performing backup with a centralized, on-premises IT department, BaaS used to connect systems to a private, public, or hybrid cloud managed by the outside supplier. Backup as a service is at ease to manage than other offsite services. Regardless of worrying about rotating and managing tapes or hard disks at an offsite location, data storage managers can offload maintenance and management to the provider. Previously, adoption of BaaS was booming in several industry verticals, due to its benefits including flexibility in terms of deployment models, the pay-per-use model, and affordability. Also, with the exponential growth in the volume of data from smartphones, the Internet, and digital business processes, enterprises face problems in managing and protecting the data that is at risk. So that, enterprises are increasingly adopting BaaS model to securely back up the huge volume of data generated by the digital economy. Exponential growth of data will boost the growth of the back up as a service market growth during the forecast period. Cloud backup segment will account for the highest growth in the global BaaS market during the forecast period because of the growth in focus of enterprises to store specific data. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Backup as a Service dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in Backup as a Service.

 Backup as a Service Market Scope: Inquire before buying

Backup as a Service Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 2.76 Bn.
Forecast Period 2022 to 2029 CAGR: 32% Market Size in 2029: US $ 25.43 Bn.
Segments Covered: by Application • Online backup • Cloud backup
by Organization Size • Large Enterprises • SME’s

Backup as a Service Region:

• North America • Asia Pacific • Europe • Latin America • Middle East & Africa

 Backup as a Service Market Key Players

• Alphabet • Amazon.com • Cisco Systems • IBM • NetApp • Commvault • Symantec • Acronis • Dell EMC • Amazon Web Services • Fujitsu • Backblaze • Hexistor • CA Technologies • Intronis • Datalink Corporation • Asigra Inc • Google • International Business Machines Corporation. • Microsoft Corp. • Quantum Corp. • HPE • Unitrends Inc. • Veritas Technologies • Veeam Software • Arcserve Frequently Asked Questions: 1. Which region has the largest share in Global Backup as a Service Market? Ans: North America region held the highest share in 2021. 2. What is the growth rate of Global Backup as a Service Market? Ans: The Global Backup as a Service Market is growing at a CAGR of 32% during forecasting period 2022-2029. 3. What is scope of the Global Backup as a Service market report? Ans: Global Backup as a Service Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Backup as a Service market? Ans: The important key players in the Global Backup as a Service Market are – Alphabet, Amazon.com, Cisco Systems, IBM, NetApp, Commvault, Symantec, Acronis, Dell EMC, Amazon Web Services, Fujitsu, Backblaze, Hexistor, CA Technologies, Intronis, Datalink Corporation, Asigra Inc, Google, International Business Machines Corporation., Microsoft Corp., Quantum Corp., HPE, Unitrends Inc., Veritas Technologies, Veeam Software, and Arcserve 5. What is the study period of this market? Ans: The Global Backup as a Service Market is studied from 2021 to 2029.

Backup as a Service Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Backup as a Service Market, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Backup as a Service Market Analysis and Forecast 6.1. Global Backup as a Service Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Backup as a Service Market Analysis and Forecast, by Organization Size 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Backup as a Service Market Value Share Analysis, by Organization Size 7.4. Global Backup as a Service Market Size (US$ Bn) Forecast, by Organization Size 7.5. Global Backup as a Service Market Analysis, by Organization Size 7.6. Global Backup as a Service Market Attractiveness Analysis, by Organization Size 8. Global Backup as a Service Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Backup as a Service Market Value Share Analysis, by Application 8.4. Global Backup as a Service Market Size (US$ Bn) Forecast, by Application 8.5. Global Backup as a Service Market Analysis, by Application 8.6. Global Backup as a Service Market Attractiveness Analysis, by Application 9. Global Backup as a Service Market Analysis, by Region 9.1. Global Backup as a Service Market Value Share Analysis, by Region 9.2. Global Backup as a Service Market Size (US$ Bn) Forecast, by Region 9.3. Global Backup as a Service Market Attractiveness Analysis, by Region 10. North America Backup as a Service Market Analysis 10.1. Key Findings 10.2. North America Backup as a Service Market Overview 10.3. North America Backup as a Service Market Value Share Analysis, by Organization Size 10.4. North America Backup as a Service Market Forecast, by Organization Size 10.4.1. Large Enterprises 10.4.2. SME’s 10.5. North America Backup as a Service Market Value Share Analysis, by Application 10.6. North America Backup as a Service Market Forecast, by Application 10.6.1. Online backup 10.6.2. Cloud backup 10.7. North America Backup as a Service Market Value Share Analysis, by Country 10.8. North America Backup as a Service Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Backup as a Service Market Analysis, by Country 10.10. U.S. Backup as a Service Market Forecast, by Organization Size 10.10.1. Large Enterprises 10.10.2. SME’s 10.11. U.S. Backup as a Service Market Forecast, by Application 10.11.1. Online backup 10.11.2. Cloud backup 10.12. Canada Backup as a Service Market Forecast, by Organization Size 10.12.1. Large Enterprises 10.12.2. SME’s 10.13. Canada Backup as a Service Market Forecast, by Application 10.13.1. Online backup 10.13.2. Cloud backup 10.14. North America Backup as a Service Market Attractiveness Analysis 10.14.1. By Organization Size 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Backup as a Service Market Analysis 11.1. Key Findings 11.2. Europe Backup as a Service Market Overview 11.3. Europe Backup as a Service Market Value Share Analysis, by Organization Size 11.4. Europe Backup as a Service Market Forecast, by Organization Size 11.4.1. Large Enterprises 11.4.2. SME’s 11.5. Europe Backup as a Service Market Value Share Analysis, by Application 11.6. Europe Backup as a Service Market Forecast, by Application 11.6.1. Online backup 11.6.2. Cloud backup 11.7. Europe Backup as a Service Market Value Share Analysis, by Country 11.8. Europe Backup as a Service Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Backup as a Service Market Analysis, by Country 11.10. Germany Backup as a Service Market Forecast, by Organization Size 11.10.1. Large Enterprises 11.10.2. SME’s 11.11. Germany Backup as a Service Market Forecast, by Application 11.11.1. Online backup 11.11.2. Cloud backup 11.12. U.K. Backup as a Service Market Forecast, by Organization Size 11.12.1. Large Enterprises 11.12.2. SME’s 11.13. U.K. Backup as a Service Market Forecast, by Application 11.13.1. Online backup 11.13.2. Cloud backup 11.14. France Backup as a Service Market Forecast, by Organization Size 11.14.1. Large Enterprises 11.14.2. SME’s 11.15. France Backup as a Service Market Forecast, by Application 11.15.1. Online backup 11.15.2. Cloud backup 11.16. Italy Backup as a Service Market Forecast, by Organization Size 11.16.1. Large Enterprises 11.16.2. SME’s 11.17. Italy Backup as a Service Market Forecast, by Application 11.17.1. Online backup 11.17.2. Cloud backup 11.18. Spain Backup as a Service Market Forecast, by Organization Size 11.18.1. Large Enterprises 11.18.2. SME’s 11.19. Spain Backup as a Service Market Forecast, by Application 11.19.1. Online backup 11.19.2. Cloud backup 11.20. Rest of Europe Backup as a Service Market Forecast, by Organization Size 11.20.1. Large Enterprises 11.20.2. SME’s 11.21. Rest of Europe Backup as a Service Market Forecast, by Application 11.21.1. Online backup 11.21.2. Cloud backup 11.22. Europe Backup as a Service Market Attractiveness Analysis 11.22.1. By Organization Size 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Development 12. Asia Pacific Backup as a Service Market Analysis 12.1. Key Findings 12.2. Asia Pacific Backup as a Service Market Overview 12.3. Asia Pacific Backup as a Service Market Value Share Analysis, by Organization Size 12.4. Asia Pacific Backup as a Service Market Forecast, by Organization Size 12.4.1. Large Enterprises 12.4.2. SME’s 12.5. Asia Pacific Backup as a Service Market Value Share Analysis, by Application 12.6. Asia Pacific Backup as a Service Market Forecast, by Application 12.6.1. Online backup 12.6.2. Cloud backup 12.7. Asia Pacific Backup as a Service Market Value Share Analysis, by Country 12.8. Asia Pacific Backup as a Service Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Backup as a Service Market Analysis, by Country 12.10. China Backup as a Service Market Forecast, by Organization Size 12.10.1. Large Enterprises 12.10.2. SME’s 12.11. China Backup as a Service Market Forecast, by Application 12.11.1. Online backup 12.11.2. Cloud backup 12.12. India Backup as a Service Market Forecast, by Organization Size 12.12.1. Large Enterprises 12.12.2. SME’s 12.13. India Backup as a Service Market Forecast, by Application 12.13.1. Online backup 12.13.2. Cloud backup 12.14. Japan Backup as a Service Market Forecast, by Organization Size 12.14.1. Large Enterprises 12.14.2. SME’s 12.15. Japan Backup as a Service Market Forecast, by Application 12.15.1. Online backup 12.15.2. Cloud backup 12.16. ASEAN Backup as a Service Market Forecast, by Organization Size 12.16.1. Large Enterprises 12.16.2. SME’s 12.17. ASEAN Backup as a Service Market Forecast, by Application 12.17.1. Online backup 12.17.2. Cloud backup 12.18. Rest of Asia Pacific Backup as a Service Market Forecast, by Organization Size 12.18.1. Large Enterprises 12.18.2. SME’s 12.19. Rest of Asia Pacific Backup as a Service Market Forecast, by Application 12.19.1. Online backup 12.19.2. Cloud backup 12.20. Asia Pacific Backup as a Service Market Attractiveness Analysis 12.20.1. By Organization Size 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Development 13. Middle East & Africa Backup as a Service Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Backup as a Service Market Overview 13.3. Middle East & Africa Backup as a Service Market Value Share Analysis, by Organization Size 13.4. Middle East & Africa Backup as a Service Market Forecast, by Organization Size 13.4.1. Large Enterprises 13.4.2. SME’s 13.5. Middle East & Africa Backup as a Service Market Value Share Analysis, by Application 13.6. Middle East & Africa Backup as a Service Market Forecast, by Application 13.6.1. Online backup 13.6.2. Cloud backup 13.7. Middle East & Africa Backup as a Service Market Value Share Analysis, by Country 13.8. Middle East & Africa Backup as a Service Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Backup as a Service Market Analysis, by Country 13.10. GCC Backup as a Service Market Forecast, by Organization Size 13.10.1. Large Enterprises 13.10.2. SME’s 13.11. GCC Backup as a Service Market Forecast, by Application 13.11.1. Online backup 13.11.2. Cloud backup 13.12. South Africa Backup as a Service Market Forecast, by Organization Size 13.12.1. Large Enterprises 13.12.2. SME’s 13.13. South Africa Backup as a Service Market Forecast, by Application 13.13.1. Online backup 13.13.2. Cloud backup 13.14. Rest of Middle East & Africa Backup as a Service Market Forecast, by Organization Size 13.14.1. Large Enterprises 13.14.2. SME’s 13.15. Rest of Middle East & Africa Backup as a Service Market Forecast, by Application 13.15.1. Online backup 13.15.2. Cloud backup 13.16. Middle East & Africa Backup as a Service Market Attractiveness Analysis 13.16.1. By Organization Size 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Development 14. South America Backup as a Service Market Analysis 14.1. Key Findings 14.2. South America Backup as a Service Market Overview 14.3. South America Backup as a Service Market Value Share Analysis, by Organization Size 14.4. South America Backup as a Service Market Forecast, by Organization Size 14.4.1. Large Enterprises 14.4.2. SME’s 14.5. South America Backup as a Service Market Value Share Analysis, by Application 14.6. South America Backup as a Service Market Forecast, by Application 14.6.1. Online backup 14.6.2. Cloud backup 14.7. South America Backup as a Service Market Value Share Analysis, by Country 14.8. South America Backup as a Service Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Backup as a Service Market Analysis, by Country 14.10. Brazil Backup as a Service Market Forecast, by Organization Size 14.10.1. Large Enterprises 14.10.2. SME’s 14.11. Brazil Backup as a Service Market Forecast, by Application 14.11.1. Online backup 14.11.2. Cloud backup 14.12. Mexico Backup as a Service Market Forecast, by Organization Size 14.12.1. Large Enterprises 14.12.2. SME’s 14.13. Mexico Backup as a Service Market Forecast, by Application 14.13.1. Online backup 14.13.2. Cloud backup 14.14. Rest of South America Backup as a Service Market Forecast, by Organization Size 14.14.1. Large Enterprises 14.14.2. SME’s 14.15. Rest of South America Backup as a Service Market Forecast, by Application 14.15.1. Online backup 14.15.2. Cloud backup 14.16. South America Backup as a Service Market Attractiveness Analysis 14.16.1. By Organization Size 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Alphabet 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. Amazon.com 15.3.3. Cisco Systems 15.3.4. IBM 15.3.5. NetApp 15.3.6. Commvault 15.3.7. Symantec 15.3.8. Acronis 15.3.9. Dell EMC 15.3.10. Amazon Web Services 15.3.11. Fujitsu 15.3.12. Backblaze 15.3.13. Hexistor 15.3.14. CA Technologies 15.3.15. Intronis 15.3.16. Datalink Corporation 15.3.17. Asigra Inc 15.3.18. Google 15.3.19. International Business Machines Corporation. 15.3.20. Microsoft Corp. 15.3.21. Quantum Corp. 15.3.22. HPE 15.3.23. Unitrends Inc. 15.3.24. Veritas Technologies 15.3.25. Veeam Software 15.3.26. Arcserve 16. Primary Key Insights

About This Report

Report ID 24854
Category Information Technology & Telecommunication
Published Date Jan 2023
Updated Date