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Backup-as-a-Service (BaaS) Market Gains Potential Growth of USD 14.29 Bn | 29.52% YOY Growth Expected in 2021 | Technavio
[October 13, 2021]

Backup-as-a-Service (BaaS) Market Gains Potential Growth of USD 14.29 Bn | 29.52% YOY Growth Expected in 2021 | Technavio

NEW YORK, Oct. 13, 2021 /PRNewswire/ -- The "Backup-as-a-service Market by Application and Geography - Forecast and Analysis 2021-2025" report has been added to? Technavio's?offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the backup-as-a-service (BaaS) market between 2021 and 2025 is USD 14.29 billion. To get the exact yearly growth variance and the Y-O-Y growth rate,?Talk to our analyst.

Key Market Dynamics: 

  • Market Driver 
  • Market Challenges 

The increasing demand to shift from CAPEX to OPEX model and the growing need to simplify solutions for backup are some of the key factors influencing the market growth positively in the upcoming years. However, the bandwidth limitations among enterprises might limit the market growth. 

Learn about additional drivers, trends, and challenges influencing the market in our full report.
Download a Free Sample Report Now!

The backup-as-a-service (BaaS) market report is segmented by application (online backup and cloud backup) and geography (North America, APAC, Europe, South America, and MEA).? In terms of geography, 37% of the market's growth will originate from North America. The US and Canada are the key markets for backup-as-a-service market in North America.

Get accurate prediction of the contribution of all the segments and regionals toward market growth.
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Companies mentioned with their offerings

  • Acronis International GmbH: The company offers SQL server, Linux, SharePoint, and others.
  • Alphabet Inc.: The company offers BaaS through its subsidiary Google Inc.
  • Inc.
  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • Gain access to more vendor profiles featured in the report.?Click Here.

Related Reports:

Global Cloud Backup and Recovery Market – Global cloud backup and recovery market is segmented by end-user (ICT, manufacturing, BFSI, healthcare, and others) and geography (North America, Europe, APAC, South America, and MEA).
Download Exclusive Free Sample Report

Global Data Center Backup and Recovery Software Market – Global data center backup and recovery software market is segmented by operator type (data center operators, communication services providers, internet content providers, government, and others) and geography (North America, Europe, APAC, South America, and MEA).
Download Exclusive Free Sample Report

Backup-as-a-service Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of over 32%

Market growth 2021-2025

USD 14.29 billion

Market structure


YoY growth (%)


Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

North America at 37%

Key consumer countries

US, China, UK, Germany, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Acronis International GmbH, Alphabet Inc., Inc., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Microsoft Corp., NetApp Inc., Quantum Corp., and International Business Machines Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered: 

  • Executive Summary 
  • Market Landscape 
  • Market Sizing 
  • Five Forces Analysis 
  • Market Segmentation 
  • Customer landscape 
  • Geographic Landscape 
  • Vendor Landscape 
  • Vendor Analysis 
  • Appendix

About Us 

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research 
Jesse Maida 
Media & Marketing Executive 
US: +1 844 364 1100 
UK: +44 203 893 3200 

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