28^th Feb 2020 - The global Backup-as-a-service Market is expected to grow at a CAGR of 27.04% during the forecast period. Business processes are being more digitized and data is growing rapidly across a wide range of sources from desktop to cloud. Due to rapid adoption of cloud computing and SaaS, data size has almost quadrupled since the last decade. Decentralization has become a major challenge in protecting information within a ready accessible format while maintaining a regulatory compliance.

Backup-as-a-service (BaaS) is an upcoming technology that enables a broad range of application and data sources ensuring backup service and data regulatory compliance. Backup-as-a-service market is driven by increase in computing services, computing infrastructure and rise in public-private partnership models in the digital space. Rise in technological start-ups and the need for data backup is likely to supplement the demand for data backup in the near future. Surge in data recovery options and the need for cloud-based backup-as-a-service enhances the market growth in the near future.

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By deployment model, market is segmented as public cloud, private cloud and hybrid cloud. Private cloud deployment category is likely to dominate the market growth during the forecast period. By organization size, market is segmented as small enterprises, medium enterprises and large enterprises. End-user segmentation for backup-as-a-service market includes healthcare, research & development, media & entertainment, government and public sectors, banking, financial and insurance sectors.

Leading Players Analysis covered in these report

• Microsoft

• HPE

• Dell

• Commvault Systems

• NetApp

• Unitrends Inc

• IBM

• Oracle Corporation

• Veritas Technologies

• Veeam Software

• CA Technologies

• Acronis International GmbH

• Arcserve

• Datto

• Alphabet

• Cisco

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The key points of this report are:

• To analyze global Backup-as-a-service status, future forecast, growth opportunity, key market and key players.

• To present the Backup-as-a-service development in United States, Europe and China.

• To strategically profile the key players and comprehensively analyze their development plan and strategies.

• To define, describe and forecast the market by product type, market and key regions.

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