Backup as a Service Market – Global Industry Analysis and Forecast (2023-2029)

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.

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Backup as a Service Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 3.64 Bn.
Forecast Period 2023 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 Market, by Region:

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

 Backup as a Service Market Key Players are:

1. Alphabet 2. Amazon.com 3. Cisco Systems 4. IBM 5. NetApp 6. Commvault 7. Symantec 8. Acronis 9. Dell EMC 10.Amazon Web Services 11.Fujitsu 12.Backblaze 13.Hexistor 14.CA Technologies 15.Intronis 16.Datalink Corporation 17.Asigra Inc 18.Google 19.International Business Machines Corporation. 20.Microsoft Corp. 21.Quantum Corp. 22.HPE 23.Unitrends Inc. 24.Veritas Technologies 25.Veeam Software 26.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 2022. 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 2023-2029. 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 2022 to 2029.
1. Backup as a Service Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Backup as a Service Market: Dynamics 2.1. Backup as a Service Market Trends by Region 2.1.1. North America Backup as a Service Market Trends 2.1.2. Europe Backup as a Service Market Trends 2.1.3. Asia Pacific Backup as a Service Market Trends 2.1.4. Middle East and Africa Backup as a Service Market Trends 2.1.5. South America Backup as a Service Market Trends 2.2. Backup as a Service Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Backup as a Service Market Drivers 2.2.1.2. North America Backup as a Service Market Restraints 2.2.1.3. North America Backup as a Service Market Opportunities 2.2.1.4. North America Backup as a Service Market Challenges 2.2.2. Europe 2.2.2.1. Europe Backup as a Service Market Drivers 2.2.2.2. Europe Backup as a Service Market Restraints 2.2.2.3. Europe Backup as a Service Market Opportunities 2.2.2.4. Europe Backup as a Service Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Backup as a Service Market Drivers 2.2.3.2. Asia Pacific Backup as a Service Market Restraints 2.2.3.3. Asia Pacific Backup as a Service Market Opportunities 2.2.3.4. Asia Pacific Backup as a Service Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Backup as a Service Market Drivers 2.2.4.2. Middle East and Africa Backup as a Service Market Restraints 2.2.4.3. Middle East and Africa Backup as a Service Market Opportunities 2.2.4.4. Middle East and Africa Backup as a Service Market Challenges 2.2.5. South America 2.2.5.1. South America Backup as a Service Market Drivers 2.2.5.2. South America Backup as a Service Market Restraints 2.2.5.3. South America Backup as a Service Market Opportunities 2.2.5.4. South America Backup as a Service Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Backup as a Service Industry 2.8. Analysis of Government Schemes and Initiatives For Backup as a Service Industry 2.9. Backup as a Service Market Trade Analysis 2.10. The Global Pandemic Impact on Backup as a Service Market 3. Backup as a Service Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Backup as a Service Market Size and Forecast, by Application (2022-2029) 3.1.1. Online backup 3.1.2. Cloud backup 3.2. Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 3.2.1. Large Enterprises 3.2.2. SME’s 3.3. Backup as a Service Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Backup as a Service Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Backup as a Service Market Size and Forecast, by Application (2022-2029) 4.1.1. Online backup 4.1.2. Cloud backup 4.2. North America Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 4.2.1. Large Enterprises 4.2.2. SME’s 4.3. North America Backup as a Service Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Backup as a Service Market Size and Forecast, by Application (2022-2029) 4.3.1.1.1. Online backup 4.3.1.1.2. Cloud backup 4.3.1.2. United States Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 4.3.1.2.1. Large Enterprises 4.3.1.2.2. SME’s 4.3.2. Canada 4.3.2.1. Canada Backup as a Service Market Size and Forecast, by Application (2022-2029) 4.3.2.1.1. Online backup 4.3.2.1.2. Cloud backup 4.3.2.2. Canada Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 4.3.2.2.1. Large Enterprises 4.3.2.2.2. SME’s 4.3.3. Mexico 4.3.3.1. Mexico Backup as a Service Market Size and Forecast, by Application (2022-2029) 4.3.3.1.1. Online backup 4.3.3.1.2. Cloud backup 4.3.3.2. Mexico Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 4.3.3.2.1. Large Enterprises 4.3.3.2.2. SME’s 5. Europe Backup as a Service Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Backup as a Service Market Size and Forecast, by Application (2022-2029) 5.2. Europe Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 5.3. Europe Backup as a Service Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Backup as a Service Market Size and Forecast, by Application (2022-2029) 5.3.1.2. United Kingdom Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 5.3.2. France 5.3.2.1. France Backup as a Service Market Size and Forecast, by Application (2022-2029) 5.3.2.2. France Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Backup as a Service Market Size and Forecast, by Application (2022-2029) 5.3.3.2. Germany Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Backup as a Service Market Size and Forecast, by Application (2022-2029) 5.3.4.2. Italy Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Backup as a Service Market Size and Forecast, by Application (2022-2029) 5.3.5.2. Spain Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Backup as a Service Market Size and Forecast, by Application (2022-2029) 5.3.6.2. Sweden Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Backup as a Service Market Size and Forecast, by Application (2022-2029) 5.3.7.2. Austria Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Backup as a Service Market Size and Forecast, by Application (2022-2029) 5.3.8.2. Rest of Europe Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 6. Asia Pacific Backup as a Service Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Backup as a Service Market Size and Forecast, by Application (2022-2029) 6.2. Asia Pacific Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 6.3. Asia Pacific Backup as a Service Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Backup as a Service Market Size and Forecast, by Application (2022-2029) 6.3.1.2. China Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Backup as a Service Market Size and Forecast, by Application (2022-2029) 6.3.2.2. S Korea Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Backup as a Service Market Size and Forecast, by Application (2022-2029) 6.3.3.2. Japan Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 6.3.4. India 6.3.4.1. India Backup as a Service Market Size and Forecast, by Application (2022-2029) 6.3.4.2. India Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Backup as a Service Market Size and Forecast, by Application (2022-2029) 6.3.5.2. Australia Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Backup as a Service Market Size and Forecast, by Application (2022-2029) 6.3.6.2. Indonesia Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Backup as a Service Market Size and Forecast, by Application (2022-2029) 6.3.7.2. Malaysia Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Backup as a Service Market Size and Forecast, by Application (2022-2029) 6.3.8.2. Vietnam Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Backup as a Service Market Size and Forecast, by Application (2022-2029) 6.3.9.2. Taiwan Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Backup as a Service Market Size and Forecast, by Application (2022-2029) 6.3.10.2. Rest of Asia Pacific Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 7. Middle East and Africa Backup as a Service Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Backup as a Service Market Size and Forecast, by Application (2022-2029) 7.2. Middle East and Africa Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 7.3. Middle East and Africa Backup as a Service Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Backup as a Service Market Size and Forecast, by Application (2022-2029) 7.3.1.2. South Africa Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Backup as a Service Market Size and Forecast, by Application (2022-2029) 7.3.2.2. GCC Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Backup as a Service Market Size and Forecast, by Application (2022-2029) 7.3.3.2. Nigeria Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Backup as a Service Market Size and Forecast, by Application (2022-2029) 7.3.4.2. Rest of ME&A Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 8. South America Backup as a Service Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Backup as a Service Market Size and Forecast, by Application (2022-2029) 8.2. South America Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 8.3. South America Backup as a Service Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Backup as a Service Market Size and Forecast, by Application (2022-2029) 8.3.1.2. Brazil Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Backup as a Service Market Size and Forecast, by Application (2022-2029) 8.3.2.2. Argentina Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Backup as a Service Market Size and Forecast, by Application (2022-2029) 8.3.3.2. Rest Of South America Backup as a Service Market Size and Forecast, by Organization Size (2022-2029) 9. Global Backup as a Service Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Backup as a Service Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Alphabet 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Amazon.com 10.3. Cisco Systems 10.4. IBM 10.5. NetApp 10.6. Commvault 10.7. Symantec 10.8. Acronis 10.9. Dell EMC 10.10. Amazon Web Services 10.11. Fujitsu 10.12. Backblaze 10.13. Hexistor 10.14. CA Technologies 10.15. Intronis 10.16. Datalink Corporation 10.17. Asigra Inc 10.18. Google 10.19. International Business Machines Corporation. 10.20. Microsoft Corp. 10.21. Quantum Corp. 10.22. HPE 10.23. Unitrends Inc. 10.24. Veritas Technologies 10.25. Veeam Software 10.26. Arcserve 11. Key Findings 12. Industry Recommendations 13. Backup as a Service Market: Research Methodology 14. Terms and Glossary
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