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Hybrid segment - PowerPoint PPT Presentation

Cloud Backup & Recovery Software Market Size, Share, Growth, Trends and Forecast 2023

Cloud Backup & Recovery Software Market Size, Share, Growth, Trends and Forecast 2023

Increased attention on decreasing IT expenditure, high demand for cloud-based services in numerous industry verticals, and rise in backup requirements of enterprises drive the global cloud backup & recovery software market growth. However, latency in data retrieval and interruptions, and storage management and securing backups hamper this growth to a certain extent.

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96 views • 9 slides
Cloud Backup & Recovery Software Market Size, Share, Growth, Trends and Forecast 2023

Cloud Backup & Recovery Software Market Size, Share, Growth, Trends and Forecast 2023

Increased attention on decreasing IT expenditure, high demand for cloud-based services in numerous industry verticals, and rise in backup requirements of enterprises drive the global cloud backup & recovery software market growth. However, latency in data retrieval and interruptions, and storage management and securing backups hamper this growth to a certain extent.

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94 views • 9 slides
Cloud Backup & Recovery Software Market Expected to Reach $22,228 Million by 2023

Cloud Backup & Recovery Software Market Expected to Reach $22,228 Million by 2023

Cloud Backup & Recovery Software Market by Deployment Model, User Type, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global cloud backup & recovery software market was valued at $4,950 million in 2016, and is projected to reach at $22,228 million by 2023, growing at a CAGR of 24.2% from 2017 to 2023. In 2016, the hybrid segment accounted for the highest revenue share in the global market.

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83 views • 6 slides
Cloud Backup & Recovery Software Market Expected to Reach $22,228 Million by 2023

Cloud Backup & Recovery Software Market Expected to Reach $22,228 Million by 2023

According to a recent report published by Allied Market Research, titled, Cloud Backup & Recovery Software Market by Deployment Model, User Type, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global cloud backup & recovery software market was valued at $4,950 million in 2016, and is projected to reach at $22,228 million by 2023, growing at a CAGR of 24.2% from 2017 to 2023. In 2016, the hybrid segment accounted for the highest revenue share in the global market.

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72 views • 6 slides

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