The Estimated Value Of The Worldwide Cloud Backup Market Is US$ 1287 Million In 2017 And US$ 6367 Million In 2026

-
Cloud Backup Market
Cloud Backup Market

An alternative to traditional backup is cloud backup, commonly referred to as online backup or remote backup. It provides a number of features, including the ability to create, update, manage, and restore data backups. The main cause of the growing demand for cloud backup is the growth in data volume. By 2025, Cloud Backup Market estimates that the world's data would amount to up to 163 zettabytes. The market's expansion has also been propelled by the rising popularity of software-as-a-service and the several benefits of cloud backup, including its simplicity, cost-effectiveness, performance, scalability, and flexibility.

In terms of components, the solution sector dominated the market in 2016. The segment's growth has been sped up by rising demand for managing enormous volumes of data and rising cloud adoption. Management and customization, professional services, training & consulting, and integrations are the sub-segments of the service Cloud Backup Market. Over the forecast period, the integration service sub-segment is anticipated to have the greatest CAGR. Cost-effective business procedures are made possible through integration services. The integrator is a set of pre-built tools and connections that makes it easier to integrate cloud services like real-time data access and data access from remote locations.

The public cloud deployment model dominated the Cloud Backup Market in 2016 in terms of deployment types. One of the major drivers of market expansion is the rise of the public cloud workload. The public cloud accounted for about 49% of cloud workload in 2015, and Coherent Market Insights predicts that percentage would rise to 68% by 2020. In addition, a number of benefits, including scalability, affordability, dependability, and location independence, are anticipated to increase demand for cloud backup. In 2016, the public cloud segment dominated the global cloud backup for market.

Comments

Post a Comment

Popular posts from this blog

Intravenous Fluid Therapy is the Fastest Growing Segment Fueling the Growth of Intravenous Solutions Market

-
Image
Intravenous Solutions Market The global Intravenous Solutions Market is estimated to be valued at US$ 577,228 bn or Million in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Intravenous solutions are fluids administered through a vein via a needle or catheter. They are often used to provide essential nutrients, medications, or fluids to patients. Common uses include rehydration, correcting electrolyte imbalances, and ensuring nutrition is delivered for patients who cannot eat or absorb nutrients through the digestive system. Market key trends: One of the major trends in the intravenous solutions market is the increasing use of intravenous fluid therapy. Intravenous fluid therapy involves the administration of aqueous solutions containing electrolytes, sugars, and medications through an intravenous catheter. It is widely used for rehydration, maintenance of f...
Read more

Endometrial Ablation Market Analysis, Industry Scope, Global Opportunity Analysis and Forecast Till 2027

-
Image
Endometrial Ablation Market Endometrial ablation is a procedure used to treat abnormally high uterine bleeding that cannot be managed by medicine by facilitating the destruction of the endometrium, a thin layer of the uterine wall. According to the American College of Obstetrics and Gynecology, Endometrial Ablation Market is not indicated for women who have endometrial diseases, endometrial hyperplasia, uterine cancer, a recent pregnancy, and specific uterine infections (ACOG). There are various endometrial ablation procedures available, including radiofrequency, heated fluid, heated balloon, electrosurgery, freezing, and microwave ablation techniques, depending on the technique and kind of patient being treated. The easy access to recently developed sophisticated ablation technology, convenience of use, shorter treatment times, and outpatient facilities, North America dominates the Endometrial Ablation Market . Endometrial ablation devices would see a sharp rise in global adoption d...
Read more

Blowing Agents Market Top Companies, Trends & Growth Factors, and Trend Forecast to 2025

-
Image
Blowing Agents Market The Blowing Agents Market is experiencing substantial growth, driven by the expanding demand from various industries such as construction, automotive, and packaging. Blowing agents are essential in foam production processes, contributing to lightweight and energy-efficient materials. Key market players are continuously investing in research and development to introduce eco-friendly and efficient blowing agents. The rising awareness regarding environmental concerns has led to the adoption of low global warming potential (GWP) and zero ozone depletion potential (ODP) blowing agents. Additionally, stringent regulations and policies promoting sustainable manufacturing practices have further accelerated the demand for environmentally friendly blowing agents. The market is witnessing a trend toward the adoption of innovative technologies to improve production efficiency and product performance. Advanced nucleating agents and microcellular foaming technologies are enhan...
Read more