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USD 17.73 billion Growth in Backup-as-a-service Market Size due to Increasing Demand To Shift From CAPEX To OPEX Model - Technavio
[September 07, 2022]

USD 17.73 billion Growth in Backup-as-a-service Market Size due to Increasing Demand To Shift From CAPEX To OPEX Model - Technavio


NEW YORK, Sept. 7, 2022 /PRNewswire/ -- The latest market analysis report titled Backup-as-a-service Market by Application and Geography - Forecast and Analysis 2022-2026 has been added to Technavio's catalog. The report predicts the market to witness an accelerating growth momentum of 33.15%. Technavio categorizes the global BaaS market as a part of the global Internet services and infrastructure market. Our report provides extensive information on the value chain analysis for the backup-as-a-service market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period. One of the key factors driving growth in the BaaS market is the increasing demand to shift from CAPEX to the OPEX model. In addition, the exponential growth in the volume of data is one of the key backup-as-a-service market trends that is expected to impact the industry positively in the forecast period. One of the key challenges to the global backup-as-a-service market growth is the possibility of failure during implementation.

For more insights on the scope, market dynamics, and value chain analysis, Download Sample PDF

Backup-as-a-service Market Segmentation Highlights
  • Application
    • Online Backup: The backup-as-a-service market share growth by the online backup segment will be significant during the forecast period. The cost of online backup solutions makes them favorable for large and medium-sized enterprises and enterprises with critical data. Also, vendors are using 128-bit to 448-bit encryption to transfer the data over unsecured links, which builds trust between enterprises and service providers. This increases the adoption of online backup solutions by large and medium-sized enterprises.
    • Cloud Backup
  • Geography
    • North America: 40% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for backup-as-a-service in North America. However, market growth in this region will be slower than the growth of the market in APAC. The building of a new intelligent economy in the region by interlinking technologies such as cloud solutions, mobility, Big Data, and social media, which is driving the growth of the information and communications technology (ICT) market in the region, will facilitate the backup-as-a-service market growth in North America over the forecast period.
    • APAC
    • Europe
    • South America
    • Middle East And Africa

Download Sample Report for Segment-wise Insights and Regional Opportunities

Backup-as-a-service Market Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our backup-as-a-service market report covers the following areas:

Backup-as-a-service Market Vendor Analysis

The backup-as-a-service market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. This statistical study of the backup-as-a-service market encompasses successful business strategies deployed by the key vendors. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. The backup-as-a-service market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. Backed with competitive intelligence and benchmarking, our research reports on the Backup-as-a-service Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

We provide a detailed analysis of around 25 vendors operating in the Backup-as-a-service Market, including some of the vendors

  • Acronis International GmbH: The company focuses on offering data protection and disaster recovery for virtual, physical, mobile, and cloud environments. The company offers backup as a service such as Acronis cyber protect cloud, and Acronis cloud storage.
  • Alphabet Inc.: The company offers backup as a service namely Google cloud which features Actifio GO, and broad ecosystem.
  • Amazon.com Inc.: The company offers backup as a service namely AWS Backup which centralizes data protection across AWS services and hybrid workloads.
  • Arcserve Inc.: The company offers backup as a service namely Arcserve cloud direct to manage backup and disaster recovery and restore service level agreements.
  • Cisco Systems Inc.: The company offers backup as a service such as Cisco BaaS which features Cisco UCS and Commvault Simpana.
  • Commvault Systems Inc.
  • Dell Technologies Inc.
  • Fujitsu Ltd.
  • Insight Enterprises Inc.
  • International Business Machines Corp.
  • ITC Ltd.
  • Microsoft Corp.
  • NetApp Inc.
  • NxtGen Datacenter and Cloud Technologies Pvt. Ltd.
  • Proact IT Group AB
  • Quantum Corp.
  • Rubrik Inc.
  • Veeam Software Group GmbH
  • Vembu Technologies Pvt. Ltd.

 Want to know additional vendor-based insights and their strategic initiatives, Download Sample Now!

Backup-as-a-service Market Highlights
  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist backup-as-a-service market growth during the next five years
  • Estimation of the backup-as-a-service market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the backup-as-a-service market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of backup-as-a-service market vendors

Related Reports:

Cloud Backup and Recovery Market by End-user and Geography - Forecast and Analysis 2021-2025

Data Center Backup and Recovery Software Market by Operator Type and Geography - Forecast and Analysis 2021-2025





Backup-as-a-service Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 33.15%

Market growth 2022-2026

$ 17.73 billion

Market structure

Fragmented

YoY growth (%)

32.33

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 40%

Key consumer countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Acronis International GmbH, Alphabet Inc., Amazon.com Inc., Arcserve Inc., Cisco Systems Inc., Commvault Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Insight Enterprises Inc., International Business Machines Corp., ITC Ltd., Microsoft Corp., NetApp Inc., NxtGen Datacenter and Cloud Technologies Pvt. Ltd., Proact IT Group AB, Quantum Corp., Rubrik Inc., Veeam Software Group GmbH, and Vembu Technologies Pvt. Ltd.

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.


Table Of Contents :

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments
    • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Online backup - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Online backup - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Online backup - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Online backup - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Online backup - Year-over-year growth 2021-2026 (%)
  • 5.4 Cloud backup - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Cloud backup - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Cloud backup - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Cloud backup - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Cloud backup - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Application
    • Exhibit 36: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 APAC - Market size and forecast 2021-2026
    • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 UK - Market size and forecast 2021-2026
    • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 Canada - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Acronis International GmbH
    • Exhibit 89: Acronis International GmbH - Overview
    • Exhibit 90: Acronis International GmbH - Product / Service
    • Exhibit 91: Acronis International GmbH - Key offerings
  • 10.4 Alphabet Inc.
    • Exhibit 92: Alphabet Inc. - Overview
    • Exhibit 93: Alphabet Inc. - Business segments
    • Exhibit 94: Alphabet Inc. - Key news
    • Exhibit 95: Alphabet Inc. - Key offerings
    • Exhibit 96: Alphabet Inc. - Segment focus
  • 10.5 Amazon.com Inc.
    • Exhibit 97: Amazon.com Inc. - Overview
    • Exhibit 98: Amazon.com Inc. - Business segments
    • Exhibit 99: Amazon.com Inc. - Key news
    • Exhibit 100: Amazon.com Inc. - Key offerings
    • Exhibit 101: Amazon.com Inc. - Segment focus
  • 10.6 Arcserve Inc.
    • Exhibit 102: Arcserve Inc. - Overview
    • Exhibit 103: Arcserve Inc. - Product / Service
    • Exhibit 104: Arcserve Inc. - Key offerings
  • 10.7 Cisco Systems Inc.
    • Exhibit 105: Cisco Systems Inc. - Overview
    • Exhibit 106: Cisco Systems Inc. - Business segments
    • Exhibit 107: Cisco Systems Inc. - Key news
    • Exhibit 108: Cisco Systems Inc. - Key offerings
    • Exhibit 109: Cisco Systems Inc. - Segment focus
  • 10.8 Commvault Systems Inc.
    • Exhibit 110: Commvault Systems Inc. - Overview
    • Exhibit 111: Commvault Systems Inc. - Product / Service
    • Exhibit 112: Commvault Systems Inc. - Key offerings
  • 10.9 Dell Technologies Inc.
    • Exhibit 113: Dell Technologies Inc. - Overview
    • Exhibit 114: Dell Technologies Inc. - Business segments
    • Exhibit 115: Dell Technologies Inc. - Key news
    • Exhibit 116: Dell Technologies Inc. - Key offerings
    • Exhibit 117: Dell Technologies Inc. - Segment focus
  • 10.10 Fujitsu Ltd.
    • Exhibit 118: Fujitsu Ltd. - Overview
    • Exhibit 119: Fujitsu Ltd. - Business segments
    • Exhibit 120: Fujitsu Ltd. - Key offerings
    • Exhibit 121: Fujitsu Ltd. - Segment focus
  • 10.11 Insight Enterprises Inc.
    • Exhibit 122: Insight Enterprises Inc. - Overview
    • Exhibit 123: Insight Enterprises Inc. - Business segments
    • Exhibit 124: Insight Enterprises Inc. - Key offerings
    • Exhibit 125: Insight Enterprises Inc. - Segment focus
  • 10.12 International Business Machines Corp.
    • Exhibit 126: International Business Machines Corp. - Overview
    • Exhibit 127: International Business Machines Corp. - Business segments
    • Exhibit 128: International Business Machines Corp. - Key offerings
    • Exhibit 129: International Business Machines Corp. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 130: Inclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 131: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 132: Research methodology
    • Exhibit 133: Validation techniques employed for market sizing
    • Exhibit 134: Information sources
  • 11.5 List of abbreviations
    • Exhibit 135: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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 consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. 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.

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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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