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Cloud Backup Market by Component (Solution & Services), Provider (Cloud Service Provider, Telecom & Communication Service Provider, & Managed Service Provider), Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2022

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Date: 05-Jun-2017
No. of pages: 180
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Huge volumes of data generation, lower costs and greater efficiency than on-premises backup, and growing adoption of SaaS are driving the cloud backup market

The cloud backup market size is expected to grow from USD 1.30 billion in 2017 to USD 4.13 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.1%during the forecast period. The market is driven by factors, such as need for business agility, faster deployment and scalability, increasing awareness about cloud backup among enterprises globally, and reduced costs of ownership. However, enterprises face some obstacles while adopting cloud backup, such as bandwidth limitations, difficulty in achieving compliance and growing concerns over data privacy and governance.

System integration service is expected to have the fastest growth rate during the forecast period

System integration services help in solving complex problems and assure of cost-efficient business processes to produce a flexible environment that can fulfil performance, security, and availability. It provides facilities and frameworks for the integration of various platforms with third-party environments. The increasing trend of adopting the backup services is ultimately resulting in the growth of the system integration market segment.

North America is expected to hold the largest market share, Asia Pacific (APAC)to grow the fastest

North America is expected to hold the largest market during the forecast period, as organizations are shifting toward cloud-based solutions and services with the increasing adoption of digital business strategies. Furthermore, organizations have invested hugely on advanced technologies to gain competitive advantage and improve business operations. The APAC region is in the initial growth phase; however, it is the fastest growing region in the global cloud backup market. The key reasons for the high growth rate in APAC include the positive economic outlook in the region, increased spending on Information Technology (IT) infrastructure, and the tendency of cloud backup solutions to improve the operational issues.

The break-up profiles of primary participants are given below:


  • By company: Tier 1 – 43%, Tier 2 – 35%, and Tier 3 – 22%

  • By designation: C-level – 60%, Director level – 25%, and Others – 15%

  • By region: North America – 44%, Europe – 25%, APAC – 21%, and RoW –10%


The following key cloud backup providers are profiled in the report:


  • Accenture (Dublin, Ireland)

  • Acronis International GmbH (Schaffhausen, Switzerland)

  • Asigra Inc. (Ontario, Canada)

  • Barracuda Networks, Inc. (California, US)

  • Carbonite, Inc. (Massachusetts, US)

  • Code42 Software, Inc. (Minnesota, US)

  • Datto, Inc. (Connecticut, US)

  • Druva Software (California, US)

  • International Business Machines Corporation (IBM; New York, US)

  • Iron Mountain Incorporated (Massachusetts, US)

  • Microsoft Corporation (Washington, US)

  • Oracle Corporation (California, US)

  • Veeam Software (Linden Park, Switzerland)


Research Coverage

The cloud backup market has been segmented on the basis of components, service providers, deployment models, organization size, verticals, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overviews, products and services, key strategies, new product launches, partnerships, agreements and collaborations, business expansions, and competitive landscape associated with the cloud backup market.

The report will help the market leaders/new entrants in this market in the following ways:


  • This report segments the cloud backup market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different regions.

  • This report helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

  • This report will help stakeholders to better understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes vendor comparison of top market players in the cloud backup market.

Cloud Backup Market by Component (Solution & Services), Provider (Cloud Service Provider, Telecom & Communication Service Provider, & Managed Service Provider), Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions and Limitations
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Cloud Backup Market
4.2 Market Share of Deployment Models and Regions, 2017
4.3 Market Investment Scenario
4.4 Cloud Backup Market: Top Three Verticals, 2017–2022

5 Cloud Backup Market Overview and Industry Trends
5.1 Introduction
5.2 Regulatory Implications
5.2.1 Payment Card Industry Data Security Standard (PCI –DSS)
5.2.2 Federal Information Security Management Act (FISMA)
5.2.3 International Organization for Standardization/ International Electrotechnical Commission 27018
5.3 Innovation Spotlight
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Huge Volume of Data Generation Leading to Rising Adoption of Cloud Backup Solution and Services
5.4.1.2 Lower Costs and Greater Efficiency Than On-Premises Backup
5.4.1.3 Growing Adoption of Saas is Driving the Demand of Cloud Backup Solution and Services
5.4.2 Restraint
5.4.2.1 Resistance to the Adoption of Cloud Backup Solution and Services Due to Time Consuming Recovery Process
5.4.3 Opportunities
5.4.3.1 Growing Adoption Among Smes
5.4.3.2 High Adoption Rate of Hybrid Cloud Expected to Transform the Cloud Backup Market
5.4.4 Challenges
5.4.4.1 Bandwidth Limitations are A Rising Concern
5.4.4.2 Difficulty in Achieving Compliance
5.4.4.3 Rising Concerns Regarding Data Privacy and Governance

6 Cloud Backup Market Analysis, By Component
6.1 Introduction
6.2 Solution
6.3 Services
6.3.1 Training and Consulting
6.3.2 Support and Maintenance
6.3.3 System Integration

7 Cloud Backup Market Analysis, By Service Provider
7.1 Introduction
7.2 Cloud Service Providers
7.3 Managed Service Providers
7.4 Telecom and Communication Service Providers
7.5 Others

8 Cloud Backup Market Analysis, By Deployment Model
8.1 Introduction
8.2 Public Cloud
8.3 Private Cloud
8.4 Hybrid Cloud

9 Cloud Backup Market Analysis, By Organization Size
9.1 Introduction
9.2 Small and Medium Enterprises
9.3 Large Enterprises

10 Cloud Backup Market Analysis, By Vertical
10.1 Introduction
10.2 Banking, Financial Services and Insurance
10.3 Consumer Goods and Retail
10.4 Education
10.5 Government and Public Sector
10.6 Healthcare and Life Scieneces
10.7 Manufacturing
10.8 Media and Entertainment
10.9 Telecommunication and Ites
10.10 Others

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia-Pacific
11.5 Middle East and Africa
11.6 Latin America

12 Competitive Landscape
12.1 Overview
12.1.1 Vanguards
12.1.2 Innovators
12.1.3 Dynamic
12.1.4 Emerging
12.2 Cloud Backup Market: Vendors Comparison

13 Company Profiles
13.1 Carbonite, Inc.
13.1.1 Business Overview
13.1.2 Company Scorecard
13.1.3 Product Offerings
13.1.4 Business Strategies
13.1.5 Recent Developments
13.2 Asigra Inc.
13.2.1 Overview
13.2.2 Company Scorecard
13.2.3 Product Offerings
13.2.4 Business Strategies
13.2.5 Recent Developments
13.3 Barracuda Networks, Inc.
13.3.1 Overview
13.3.2 Company Scorecard
13.3.3 Product Offerings
13.3.4 Business Strategies
13.3.5 Recent Developments
13.4 Acronis International GmbH
13.4.1 Overview
13.4.2 Company Scorecard
13.4.3 Product Offerings
13.4.4 Business Strategies
13.4.5 Recent Developments
13.5 Code42 Software, Inc.
13.5.1 Overview
13.5.2 Company Scorecard
13.5.3 Product Offerings
13.5.4 Business Strategies
13.5.5 Recent Developments
13.6 Datto, Inc.
13.6.1 Overview
13.6.2 Company Scorecard
13.6.3 Product Offerings
13.6.4 Business Strategies
13.6.5 Recent Developments
13.7 Druva Software
13.7.1 Overview
13.7.2 Company Scorecard
13.7.3 Product Offerings
13.7.4 Business Strategies
13.7.5 Recent Developments
13.8 International Business Machines (IBM) Corporation
13.8.1 Overview
13.8.2 Company Scorecard
13.8.3 Product Offerings
13.8.4 Business Strategies
13.8.5 Recent Developments
13.9 Veeam Software
13.9.1 Overview
13.9.2 Company Scorecard
13.9.3 Product Offerings
13.9.4 Business Strategies
13.9.5 Recent Developments
13.10 Microsoft Corporation
13.10.1 Overview
13.10.2 Company Scorecard
13.10.3 Product Offerings
13.10.4 Business Strategies
13.10.5 Recent Developments
13.11 Iron Mountain Incorporated
13.11.1 Overview
13.11.2 Company Scorecard
13.11.3 Product Offerings
13.11.4 Business Strategies
13.11.5 Recent Developments
13.12 Efolder, Inc.
13.12.1 Overview
13.12.2 Company Scorecard
13.12.3 Product Offerings
13.12.4 Business Strategies
13.12.5 Recent Developments

14 Appendix
14.1 Key Industry Insights
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Introducing RT: Real-Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports

List of Tables

Table 1 Cloud Backup Market Size and Growth Rate, 2015–2022 (USD Million)
Table 2 Market Size, By Component, 2015–2022 (USD Million)
Table 3 Solution: Market Size, By Region, 2015–2022 (USD Million)
Table 4 Service: Market Size, By Region, 2015–2022 (USD Million)
Table 5 Cloud Backup Market Size, By Service, 2015–2022 (USD Million)
Table 6 Training and Consulting: Market Size, By Region, 2015–2022 (USD Million)
Table 7 Support and Maintenance: Market Size, By Region, 2015–2022 (USD Million)
Table 8 System Integration: Market Size, By Region, 2015–2022 (USD Million)
Table 9 Cloud Backup Market Size, By Service Provider, 2015–2022 (USD Million)
Table 10 Cloud Service Provider: Market Size, By Region, 2015–2022 (USD Million)
Table 11 Managed Service Provider: Market Size, By Region, 2015–2022 (USD Million)
Table 12 Telecom and Communication Service Provider: Market Size, By Region, 2015–2022 (USD Million)
Table 13 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 14 Cloud Backup Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 15 Public Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 16 Private Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 17 Hybrid Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 18 Cloud Backup Market Size, By Organization Size, 2015–2022 (USD Million)
Table 19 Small and Medium Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 20 Large Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 21 Cloud Backup Market Size, By Vertical, 2015–2022 (USD Million)
Table 22 Banking, Financial Services and Insurance: Market Size, By Region, 2015–2022 (USD Million)
Table 23 Consumer Goods and Retail: Market Size, By Region, 2015–2022 (USD Million)
Table 24 Education: Market Size, By Region, 2015–2022 (USD Million)
Table 25 Government and Public Sector: Market Size, By Region, 2015–2022 (USD Million)
Table 26 Healthcare and Life Sciences: Market Size, By Region, 2015–2022 (USD Million)
Table 27 Manufacturing: Market Size, By Region, 2015–2022 (USD Million)
Table 28 Media and Entertainment: Market Size, By Region, 2015–2022 (USD Million)
Table 29 Telecommunication and Ites: Market Size, By Region, 2015–2022 (USD Million)
Table 30 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 31 Cloud Backup Market Size, By Region, 2015–2022 (USD Million)
Table 32 North America: Market Size, By Component, 2015–2022 (USD Million)
Table 33 North America: Market Size, By Service, 2015–2022 (USD Million)
Table 34 North America: Market Size, By Service Provider, 2015–2022 (USD Million)
Table 35 North America: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 36 North America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 37 North America: Market Size, By Vertical, 2015–2022 (USD Million)
Table 38 Europe: Cloud Backup Market Size, By Component, 2015–2022 (USD Million)
Table 39 Europe: Market Size, By Service, 2015–2022 (USD Million)
Table 40 Europe: Market Size, By Service Provider, 2015–2022 (USD Million)
Table 41 Europe: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 42 Europe: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 43 Europe: Market Size, By Vertical, 2015–2022 (USD Million)
Table 44 Asia Pacific: Cloud Backup Market Size, By Component, 2015–2022 (USD Million)
Table 45 Asia Pacific: Market Size, By Service, 2015–2022 (USD Million)
Table 46 Asia Pacific: Market Size, By Service Provider, 2015–2022 (USD Million)
Table 47 Asia Pacific: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 48 Asia Pacific: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 49 Asia Pacific: Market Size, By Vertical, 2015–2022 (USD Million)
Table 50 Middle East and Africa: Cloud Backup Market Size, By Type, 2015–2022 (USD Million)
Table 51 Middle East and Africa: Market Size, By Service, 2015–2022 (USD Million)
Table 52 Middle East and Africa: Market Size, By Service Provider, 2015–2022 (USD Million)
Table 53 Middle East and Africa: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 54 Middle East and Africa: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 55 Middle East and Africa: Market Size, By Verticals, 2015–2022 (USD Million)
Table 56 Latin America: Cloud Backup Market Size, By Type, 2015–2022 (USD Million)
Table 57 Latin America: Market Size, By Service, 2015–2022 (USD Million)
Table 58 Latin America: Market Size, By Service Provider, 2015–2022 (USD Million)
Table 59 Latin America: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 60 Latin America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 61 Latin America: Market Size, By Vertical, 2015–2022 (USD Million)

List of Figures

Figure 1 Cloud Backup Market: Market Segmentation
Figure 2 Regional Scope
Figure 3 United States Dollar Exchange Rate, 2014–2016
Figure 4 Cloud Backup Market: Research Design
Figure 5 Data Triangulation
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Cloud Backup Market: Assumptions
Figure 9 Market By Component (2017 vs 2022)
Figure 10 Market By Service (2017 vs 2022)
Figure 11 North America is Expected to Hold the Largest Market Share in 2017
Figure 12 Segments With the Largest Market Share of the Cloud Backup Market
Figure 13 Growth Trend of the Cloud Backup Market (2017–2022)
Figure 14 Public Cloud and North America to Have the Largest Market Shares in 2017
Figure 15 Market Investment Scenario: Asia-Pacific Would Emerge as the Best Market for Investments in the Next Five Years
Figure 16 BFSI is Expected to Have the Largest Market Size in 2017
Figure 17 Cloud Backup Market: Drivers, Restraint, Opportunities, and Challenges
Figure 18 Solution Segment is Expected to Have the Largest Market Size During the Forecast Period
Figure 19 Training and Consulting Segment is Expected to Have the Largest Market Size During the Forecast Period
Figure 20 Cloud Service Provider Segment is Expected to Have the Largest Market Size During the Forecast Period
Figure 21 Public Cloud Model is Expected to Hold the Largest Market Size During the Forecast Period
Figure 22 Large Enterprises Segment is Expected to Hold the Largest Market Size During the Forecast Period
Figure 23 Banking, Financial Services and Insurance Segment is Expected to Hold the Largest Market Size During the Forecast Period
Figure 24 North America is Expected to Have the Largest Market Size During the Forecast Period
Figure 25 North America to Dominate the Cloud Backup Market During the Forecast Period
Figure 26 Asia-Pacific Market Snapshot
Figure 27 Vendor Dive Chart
Figure 28 Business Offerings Comparison
Figure 29 Business Strategies Comparison
Figure 30 Carbonite, Inc.: Company Snapshot
Figure 31 Carbonite, Inc.: Product Offering Scorecard
Figure 32 Carbonite, Inc.: Business Strategy Scorecard
Figure 33 Asigra Inc.: Company Snapshot
Figure 34 Asigra Inc.: Product Offering Scorecard
Figure 35 Asigra Inc.: Business Strategy Scorecard
Figure 36 Barracuda Networks, Inc.: Company Snapshot
Figure 37 Barracuda Networks, Inc.: Product Offering Scorecard
Figure 38 Barracuda Networks, Inc.: Business Strategy Scorecard
Figure 39 Acronis International GmbH: Company Snapshot
Figure 40 Acronis International GmbH: Product Offering Scorecard
Figure 41 Acronis International GmbH: Business Strategy Scorecard
Figure 42 Code42 Software, Inc.: Company Snapshot
Figure 43 Code42 Software, Inc.: Product Offering Scorecard
Figure 44 Code42 Software, Inc.: Business Strategy Scorecard
Figure 45 Datto, Inc.: Company Snapshot
Figure 46 Datto, Inc.: Product Offering Scorecard
Figure 47 Datto, Inc.: Business Strategy Scorecard
Figure 48 Druva Software: Company Snapshot
Figure 49 Druva Software: Product Offering Scorecard
Figure 50 Druva Software: Business Strategy Scorecard
Figure 51 International Business Machines Corporation: Company Snapshot
Figure 52 International Business Machines Corporation: Product Offering Scorecard
Figure 53 International Business Machines Corporation: Business Strategy Scorecard
Figure 54 Veeam Software: Company Snapshot
Figure 55 Veeam Software: Product Offering Scorecard
Figure 56 Veeam Software: Business Strategy Scorecard
Figure 57 Microsoft Corporation: Company Snapshot
Figure 58 Microsoft Corporation: Product Offering Scorecard
Figure 59 Microsoft Corporation: Business Strategy Scorecard
Figure 60 Iron Mountain Incorporated: Company Snapshot
Figure 61 Iron Mountain Incorporated: Product Offering Scorecard
Figure 62 Iron Mountain Incorporated: Business Strategy Scorecard
Figure 63 Efolder, Inc.: Company Snapshot
Figure 64 Efolder, Inc.: Product Offering Scorecard
Figure 65 Efolder, Inc.: Business Strategy Scorecard

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