According to a new report Global Data Backup and Recovery Market, published by KBV research, the Global Data Backup and Recovery Market size is expected to reach $12.9 billion by 2023, rising at a market growth of 10.9% CAGR during the forecast period.
The North America market holds the largest market share in Global Data Replication Software Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 7.3 % during the forecast period.
The Europe market is expected to witness a CAGR of 9.3% during (2017 - 2023) in Global Data Reduction Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 11.8% during (2017 - 2023) in Global Data Retention Market.
The KBV Cardinal Matrix is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years.
KBV Cardinal Matrix - Data Backup and Recovery Market
Source: KBV Research Analysis
Based on the Analysis presented in the Cardinal matrix, IBM Corporation and Microsoft Corporation are the forerunners in the Data Backup & Recovery market.Source: KBV Research Analysis, Company Publications and Secondary Research
The Media Storage Backup market holds the largest market share in Global Data Backup & Recovery Market by Application in 2016, and would continue to be a dominant market till 2023. The Application Backup market is expected to witness a CAGR of 11.9% during (2017 - 2023). Additionally, The Email Backup market would garner market size of $2,360.4 million by 2023.
The BFSI market holds the largest market share in �Global Data Backup & Recovery Market by Vertical in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 9.1 % during the forecast period. The Healthcare market is expected to witness a CAGR of 10.4% during (2017 - 2023). Additionally, The Retail market is expected to witness highest CAGR of 10.1% during (2017 - 2023).
Full Report: https://www.kbvresearch.com/data-backup-and-recovery-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Data Backup and Recovery Market have been discussed in the report with the competition analysis and elaborated company profiles of IBM Corporation, Microsoft Corporation, Oracle Corporation, Hewlett Packard Enterprise (HPE) Company, CA Technologies, Inc., Dell Technologies Inc., Commvault, Acronis, Inc., Netapp, Inc., and Unitrends, Inc.
By Type
By Application
By Deployment Type
By Organization Size
By Vertical
By Geography
Companies Profiled
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Related Reports:
North America Data Backup and Recovery Market (2017-2023)
Europe Data Backup and Recovery Market (2017-2023)
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