The global Data Center Backup and Recovery Solutions market size is expected to reach USD 18.87 Billion at a revenue CAGR of 11.2% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth of Data Center Backup and Recovery Solutions can be attributed to high increase in data volume and growing use of data by enterprises to make informed decision to achieve business goals. A primary advantage of data center backup and recovery solutions is increased reliability and uninterrupted flow of business operations. Data center backup and recovery solutions allows data centers to recover data or maintain continuation of essential IT infrastructure due to various reasons, including hardware impairment, viruses, power failure, or natural disasters. Additionally, increasing digital transformation across various enterprises, especially in small and medium-sized enterprises and growing adoption of cloud-based services are fueling demand for data center backup and recovery solutions.
The market intelligence report on the Data Center Backup and Recovery Solutions market forecasts its growth during the years 2020 to 2030. It examines the market size, share, demand, trends, gross revenue, total earnings and net value after a historical analysis of the data collected from the years 2022 to 2030 while taking 2022 as the base year. The study focuses on the driving factors, restrains and hurdles for the growth of the market. The researcher gives market insights relating to the upcoming areas in the business and the impact of technological innovations on the growth of the market.
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The leading market contenders listed in the report are:
Dell Technologies Inc., Alphabet Inc., Commvault, Micro Focus International PLC, Arcserve LLC, IBM Corporation, Barracuda Networks Inc., Microsoft Corporation, Cohesity Inc., and Druva Inc
Key reasons to buy the Global Data Center Backup and Recovery Solutions Market report:
- The latest report comprehensively studies the global Data Center Backup and Recovery Solutions market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Data Center Backup and Recovery Solutions Market
Solutions Type Outlook (Revenue, USD Billion; 2018–2028)
- Data Replication
- Data Reduction
- Data Retention
Application Outlook (Revenue, USD Billion; 2018–2028)
- Physical Virtual Servers
- Databases
- Enterprise Applications
- Mobile Endpoints
- Public Infrastructure Platform
Industry Vertical Outlook (Revenue, USD Billion; 2018–2028)
- Manufacturing
- Healthcare
- Education
- BFSI
- IT Telecom
- Others
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Regional Outlook of the Data Center Backup and Recovery Solutions Market
The global Data Center Backup and Recovery Solutions market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Data Center Backup and Recovery Solutions market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
The research provides answers to the following key questions:
- What will be the growth rate of the Data Center Backup and Recovery Solutions market for the forecast period, 2020 to 2030? What will be the market size and the share occupied by the prominent vendors by the estimated period?
- What are challenges and threats faced by the prominent vendors operating in the Data Center Backup and Recovery Solutions market?
- Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
- What are the past, present and emerging trends likely to influence the growth rate of the Data Center Backup and Recovery Solutions market for the forecast period, 2022 to 2030?
- What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?
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