Data Backup Software market size with a CAGR of 7.3% during 2018-2025.
This report focuses on the global Data Backup Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Data Backup Software development in United States, Europe and China.
Data backup software is an application used to create a duplicate copy of data to safeguard it and enable recovery in the event it is lost, corrupted or infected by malware. This report studies the Data Backup Software market.
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Veritas Technologies, Veeam and Acronis captured the top three revenue share spots in the Data Backup Software market in 2017. Veritas Technologies dominated with 6.62% revenue share, followed by Veeam with 5.93% revenue share and Acronis with 5.12% revenue share.
On the basis of region, Data Backup Software is more popular in North America. The US and Canada are witnessing the increasing adoption of cloud with IoT technology to handle the massive amount of data generated by smart devices. This is significantly boosting the growth of data backup market in North America. USA is the largest market segment of Data Backup Software, with a consumption market share nearly 30.98% in 2017, followed by Europe with a consumption market share nearly 26.59% in 2017.
In 2017, the global Data Backup Software market size was 1750 million US$ and it is expected to reach 3070 million US$ by the end of 2025, with a CAGR of 7.3% during 2018-2025.
The key players covered in this study
• Veritas Technologies
• Veeam
• Acronis
• StorageCraft
• Netapp
• Code42
• Commvault
• Unitrends
• Datto
• Genie9 Corporation
• Softland
• Strengthsoft
• NTI Corporation
Market segment by Type, the product can be split into
• Off-site Data Backup Software
• On-premises Data Backup Software
Market segment by Application, split into
• Personal
• Enterprise
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Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
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