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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 | TechnavioNEW 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:
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. 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. Companies mentioned with their offerings
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). 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).
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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. Contact View original content to download multimedia:https://www.prnewswire.com/news-releases/backup-as-a-service-baas-market-gains-potential-growth-of-usd-14-29-bn--29-52-yoy-growth-expected-in-2021--technavio-301398211.html SOURCE Technavio |