Global Purpose-Built Backup Appliance Market, By Component (Hardware, Software, Professional Services), System (Integrated System, Target Systems, Open System, Mainframe Systems), Deployment (Cloud, On-Premises), Enterprise (Small and Mid-Level Enterprises, Large Enterprise), Vertical (Banking, Financial Services and Insurance (BFSI), Telecom and IT, Government, Healthcare, Education, Manufacturing, Travel and Hospitality, Energy and Utility, Others), Service Model (Infrastructure as a Service (IaaS), Software as a Service (SaaS), Platform as a Service (PaaS)), Service Type (Support, Installation, Integration, Maintenance), Type (Virtual Appliances, Physical Appliances), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Purpose-Built Backup Appliance Market
Purpose-built backup appliance market is expected to witness market growth at a rate of 15.0% in the forecast period of 2021 to 2028. Data Bridge Market Research report on purpose-built backup appliance market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
A standalone device used for disk-based storage purposes is a purpose-built backup appliance. In addition, these systems provide data recovery applications in the integrated infrastructure that initiates data transfer and automatic data restoration and backup.
Increasing awareness and focus of enterprises on data protection and recovery infrastructure, rising growth of the internet of things market, increasing adoption of stringent rules and regulations about data protection and data security, growing popularity of software-based appliances in various industry sectors, easy access, easy deployment, and single point of contact are some of the major as well as important factors which will likely to accelerate the growth of the purpose-built backup appliance market in the projected timeframe of 2021-2028. On the other hand, rising preference towards cloud storage, increasing need for data analytics along with increasing technological advancements in backup appliances in storage-based industries which will further contribute by generating immense opportunities that will lead to the growth of the purpose-built backup appliance market in the projected timeframe mentioned above.
High cost associated with storage and backup technology along with easy availability of cost effective substitutes which will likely to act as market restraints factor for the growth of the purpose-built backup appliance in the above mentioned projected timeframe. Cyber-security concerns will become the biggest and foremost challenge for the growth of the market.
This purpose-built backup appliance market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on purpose-built backup appliance market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Purpose-Built Backup Appliance Market Scope and Market Size
Purpose-built backup appliance market is segmented on the basis of component, system, deployment, enterprise, vertical, service model, service type, and type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Purpose-built backup appliance market on the basis of component has been segmented as hardware, software, and professional services.
- Based on system, the purpose-built backup appliance market has been segmented into integrated system, target systems, open system, and mainframe systems.
- On the basis of deployment, the purpose-built backup appliance market has been segmented into cloud and on-premises.
- On the basis of enterprise, the purpose-built backup appliance market has been segmented into small and mid-level enterprises, large enterprise.
- Purpose-built backup appliance has also been segmented on the basis of vertical into banking, financial services and insurance (BFSI), telecom and IT, government, healthcare, education, manufacturing, travel and hospitality, energy and utility, and others. Others have been further segmented into food and beverages, retail, and real estate.
- Based on service model, the purpose-built backup appliance market has been segmented into infrastructure as a service (IaaS), software as a service (SaaS), and platform as a service (PaaS).
- On the basis of service type, the purpose-built backup appliance market has been segmented into support, installation, integration, and maintenance.
- Based on type, the purpose-built backup appliance market has been segmented into virtual appliances, and physical appliances.
Purpose-Built Backup Appliance Market Country Level Analysis
Purpose-built backup appliance market is analysed and market size, volume information is provided by country, component, system, deployment, enterprise, vertical, service model, service type, and type as referenced above.
The countries covered in the purpose-built backup appliance market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the purpose-built backup appliance market due to the increasing adoption rate for emerging IT technology infrastructure along with prevalence of prominent players in the region while Asia-Pacific region will expect to grow in the projected timeframe of 2021-2028 due to the increasing research and development activities in various sectors to achieve data integrity along with rising adoption of cloud computing and rising focus of data privacy in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Purpose-Built Backup Appliance Market Share Analysis
Purpose-built backup appliance market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to purpose-built backup appliance market.
The major players covered in the purpose-built backup appliance market report are Dell Inc.; Hewlett Packard Enterprise Development LP; IBM Corporation; Oracle; Hitachi Vantara Corporation; NetApp; Veritas Technologies LLC.; Quantum Corporation; Commvault; Barracuda Networks, Inc.; Veeam Software; Rubrik; STORServer, Inc.; Cohesity.; Unitrends.; Storage Switzerland, Inc.; Vembu Technologies.; Microsoft; RACKSPACE TECHNOLOGY; Iron Mountain Incorporated.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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