Global Cloud Backup Market 2018-2024: Future Trends
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by radiantmarketresearch · February 15, 2019
February 15, 2019: Global cloud backup markets is expected to witness a higher CAGR in the forecast period. The cloud backup market is driven by rise in adoption of mobile devices and ease of access for cloud backup technology coupled with rise in data accessibility via Internet. In addition, rise in internet users and increase in technological approach to determine loopholes in the network are expected to contribute to the market growth in the forecast period. However
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A major trend that influences the growth of cloud backup market includes cloud backup for VM environment. Enterprises are now striving to adopt to virtualization in the coming years to offer major benefits of virtualization.
By component, the cloud backup market is segmented into service and solution. Service category is further segmented into cloud service provider, managed service provider, communication provider and telecom. Deployment model is further segmented into small & medium enterprises. By industry, the cloud backup market is segmented into financial services
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Geographical segmentation for cloud backup markets includes North America, South America
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Asia-Pacific regions account for a significant market positions in the global arena with growth factors such as presence of small and medium enterprises engaged in internet business and need for robust technologies for operations. The key players in the cloud backup market include Microsoft Corporation, Amazon Web Services Inc, VMware Inc, Dropbox Inc
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Worldwide markets are poised to achieve continuing growth as Cloud Backup markets respond to the advantages brought by mega data centers for cloud computing. The quality and the customization of mega data centers are significant market growth drivers. Automation of process is a key efficiency tool.
Worldwide Cloud Backup has many applications: IoT, the Internet of things is the largest. Self-driving cars, drones, robots, artificial intelligence
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Cloud-backup markets get really, really big by 2024, $190.5 billion. The reason is that all computing moves to the cloud and all smart devices and IoT store data in the cloud. Augmented reality, self-driving cars, robots, drones all generate significant amounts of data from small smart devices and processors inside things. That data gets stored in the cloud. This data is manipulated with analytics and accessed as information from many different sources.
With 2 trillion IoT processors and devices anticipated to be in place by 2024
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Worldwide, the Cloud Backup market at $21.7 billion market in 2017
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Companies Profiled
Market Leaders
IBM Amazon Microsoft Google Iron Mountain Incorporated Veeam Software Barracuda Networks Carbonite Autotask Datto Asigra Acronis International GmbH Code42 Software Datto Druva Software Efolder
Key Topics聽
Cloud Backup Markets Cloud Virtual Machine Platform Stack-Services Mega Data Centers Cloud CSP Cloud MSP Cloud Telco High-Performance Switches Software Defined Data Center Customer Base Storage Private Cloud Public Cloud Hybrid Cloud Social Media Always on Data Centers Robust, Quality Cloud Computing Networking Performance Scalable Infrastructure Data Management Component Microservices Virtual Machines Hypervisor Open Compute
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