CLOUD BACKUP MARKET ANALYSIS

Name: Cloud Backup Market Regional Analysis
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy
Keywords: Cloud Backup Market, Cloud Backup Market Report, Cloud Backup Industry Report, Cloud Backup Market Size, Cloud Backup Market Share, Cloud Backup Market Analysis, Cloud Backup Market Growth, Cloud Backup Market Trends, Cloud Backup Market Overview, Cloud Backup Market Forecast

Cloud Backup Market by Component (Solution and Services), by Solution (Personal Backup, Business Backup and Cloud backup for Service providers), by Services (Management and Customization, Professional Services, Training & consulting and Integration) by Deployment model (Public, Private and Hybrid Cloud), by Organization Size (Small and Medium Enterprises and Large Enterprises), by Verticals (Banking, Financial Services, and Insurance, Consumer Goods and Retail) - Trends and Forecast till 2025

Published In : Nov 2017
Code : CMI1055
Pages :165
Formats :
Excel and PDF
Industry : Information and Communication Technology

Regional Analysis

According to Coherent Market Insights, North America held the dominant position in the global cloud backup market in 2016. The U.S. and Canada are the major economies in North America. Shifting of workload to cloud environment is one of the major factors leading to increasing demand for the cloud backup. In 2015, North America accounted for around 42% of the cloud data center workload, globally. High presence of cloud backup market leaders in North America also fuels the growth of cloud backup market size in this region. Asia Pacific is projected to increase with the highest CAGR over the forecast period. India, China, and Japan are some of the key economies in this region. Increasing development in IT infrastructure by organizations especially in India and China that are adopting new technologies to work efficiently with existing systems and data. Rising trend of digitization across sectors, especially by small and medium enterprises is expected to fuel growth of market in the region.