The Data Backup and Recovery Market was valued at US$ 11.70 billion in 2022, and total Data Backup and Recovery revenue is expected to grow by 10.3% between 2023 and 2029, reaching nearly US$ 23.24 billion.
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In information technology, a backup, or data backup software is a copy of computer data taken and stored elsewhere so that it may be used to restore the original after a data loss event. The verb form, referring to the process of doing so, is "back up", whereas the noun and adjective form is "backup".Backups can be used to recover data after its loss from data deletion or corruption, or to recover data from an earlier time.
Top Key Players Covered in this report – The data backup and recovery market consists of various vendors providing data backup and recovery solutions including network analytics behavior data backup and recovery and user behavior data backup and recovery to commercial clients across globe. IBM (US), CA Technologies (US), Commvault, (US), Dell (US), HPE (US), Oracle (US), Microsoft (US), Veritas Technologies (US), Acronis (US), NetApp (US), Unitrends (US), and Veeam (US) have adopted partnerships, agreements, and collaborations as key strategies to expand their market reach.
Global Data Backup and Recovery Market 2019 research reports around the world provide in-depth analysis, including summaries, definitions, and market coverage. The Data Backup and Recovery industry is broken down by product, location and region. This segmentation is intended to give the reader a detailed understanding of the market and the essential elements that make up the market. This allows you to better describe the driver, restraint, threats and opportunities.
The Data Backup and Recovery Market analysis report expresses about the growth rate of global market up to 2025 by revenue, chain structure, manufacturing process and market entry strategies. The Data Backup and Recovery Market report providing comprehensive syndicated market research reports with in-depth analysis of global trending markets and global sectors. The research experts use exclusive mixture of primary and secondary research, different analytics, and industry research to give a holistic view of the market and business ecosystem.
Data Backup and Recovery Market Competitive Analysis:
Data Backup and Recovery market analysts involved in the study use their unique primary and secondary research techniques and tools to present the information and data most accurately. This report provides a comprehensive analysis of the competitive environment, including company profiling of top companies operating in the market. Readers will be given detailed information on the market, including neatly calculated revenue and volume growth, CAGR and market share estimates. This report provides systematically prepared statistics showing a comparison of the above-mentioned estimates over the entire forecast period.
In addition, Data Backup and Recovery s offers various benefits such as preserving wealth through proactive services management & suitable strategies, it assists with the allocation of wealth from one generation to next through strategic asset allocation and it mitigate risks by diversifying investments. The benefits of these Data Backup and Recovery s increase demand worldwide. However, the limited availability of Data Backup and Recovery s is one of the major factors limiting the market growth of Data Backup and Recovery s around the world. As competition with hedge funds, investment banks, and other asset management companies intensifies, it is difficult to find merchants with the required level of expertise and keep advisors.
Global Data Backup and Recovery Market report outlines characteristics and growth, SWOT analysis, Porter’s five, pest analysis, segmentation, regional overview, competitive landscape, market share. The present market condition and future prospects of the segment has also been examined. The report includes accurate analysis of data from players in the primary industry and their area of market through most analytical tools.
Data Backup and Recovery Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2029 |
| Study Period | 2018-2029 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2029 | US$ 23.24 billion. |
| Growth Rate | CAGR of 10.3 % during 2019-2029 |
| Segment Covered | by type, Regions |
| Regions Covered | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Key Players Profiled | Veritas Technologies, Veeam, Acronis, StorageCraft, Netapp, Code42, Commvault, Kaseya (Unitrends), Datto, Zoolz (Genie9), Wondershare, Softland Romania, NTI Corporation, EasyUS, Strengthsoft |
Data Backup and Recovery Market Segment
by type (USD Billion)
- On-Premises
- Cloud-Based
Regional (USD Billion)
North America
- US
- Canada
Europe
- Germany
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
South America
- Mexico
- Brazil
- Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
The major contenders in the global data backup and recovery market IBM (US), CA Technologies (US), Commvault, (US), Dell (US), HPE (US), Oracle (US), Microsoft (US), Veritas Technologies (US), Acronis (US), NetApp (US), Unitrends (US), and Veeam (US)
Asia-Pacific dominated the market for data backup and recovery market and accounted for the largest revenue share.
The base year for the report is 2023 in data backup and recovery market