Backup as a service (BaaS) is an approach to backing up data that involves purchasing backup and recovery services from an online data backup provider. Instead of performing backup with a centralized, on-premises IT department, BaaS connects systems to a private, public or hybrid cloud managed by the outside provider.
Backup as a service is easier to manage than other offsite services. Instead of worrying about rotating and managing tapes or hard disks at an offsite location, data storage administrators can offload maintenance and management to the provider.
Scope of the Report:
This report studies the Back up as a Service market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Back up as a Service market by product type and applications/end industries.
The demand for reliable data backup and recovery software solutions would influence the digital transformation and data protection across verticals. Growing adoption of cloud data backup and significant growth in the data are driving the growth of the reliable data backup and recovery software and services among enterprises. Intense competition from open-source platforms would be a major challenge that would limit the growth of the market during the forecast period.
The global Back up as a Service market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Back up as a Service.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
Hewlett Packard Enterprise Company
Acronis International GmbH
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Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Media Storage Backup
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Reasons for Buying this Report:
• This report provides pin-point analysis for changing competitive dynamics
• It highlights significant changes in the dynamics of the market
• It gives future perspective regarding different factors driving or restraining market growth
• It shows a technological growth map over time to understand the industry growth rate
• It provides forecast analysis of the Global Back up as a Service Market
based considering how the market is predicted to grow
Key questions answered in this report
– What will the market size be in 2023 and what will the growth rate be?
– What are the key market trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space?
– What are the market opportunities and threats faced by the key vendors?
– What are the strengths and weaknesses of the key vendors?
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes RNM Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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