Press release
Data Center Backup Software Market Industrial Analysis by Market Size, Latest Developments, Landscape and Forecast to 2028
The Global Data Center Backup Software Market is expected to grow at a significant growth rate over the forecast period 2022-2028, considering base year as 2021.
The benefit of data centre backup and recovery to preserve business continuity and prevent significant data loss, especially in cases of growing data centre complexity, can be credited to the steady market revenue growth of data centre backup software. Data centre backup solutions can be used to migrate workloads and give a quicker way to restore data following a disaster. Additionally, some data centre backup systems are created to satisfy data archiving and storage needs in sectors subject to regulatory compliance.
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Market Dynamics:
Driver:
The market for data centre backup and recovery solutions is expanding rapidly due to rising investments in data centre expansion. By providing constant access to corporate IT systems and meeting data storage needs by integrating both physical and cloud storage capabilities, data centres are essential assets for supporting continuous growth in businesses. The development of new data centres is receiving more attention as a result of factors like the expansion of hyperscale businesses like Microsoft, AWS, and Google, the quick uptake of cloud computing, and the growing demand for geographic breadth among data centre operators. The entire amount spent on data centre infrastructure globally is predicted to reach USD 200.00 billion by 2021.
Opportunities:
The market's untapped potential as well as the rising acceptance rate of new technical solutions would raise the favorable chances for the growth of the data centre backup and recovery software market. It is anticipated that demand will increase in the coming years from a variety of end-use businesses, including suppliers of communication services, the government, internet content providers, operators of data centres, and providers of financial services, among others.
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Segmentation Analysis of Data Center Backup Software Market
By Solutions Type
• Data Replication
• Data Reduction
• Data Retention
By Application
• Physical & Virtual Servers
• Databases
• Enterprise Applications
• Mobile Endpoints
• Public Infrastructure Platform
By Industry
• Manufacturing
• Healthcare
• Education
• BFSI
• IT & Telecom
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By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)
Key Players For The Data Center Backup Software Market
• Dell Technologies Inc.
• Alphabet Inc.
• Commvault
• Micro Focus International PLC
• Arcserve LLC
• IBM Corporation
• Barracuda Networks Inc.
• Microsoft Corporation
• Cohesity Inc.
• Druva Incand other major key players
Key Industry Developments In The Data Center Backup Software Market
June 2020, Microsoft Corporation declared that it had partnered with Commvault. According to the deal, Microsoft Azure would be integrated with Commvault's Metallic Software-as-a-Service data protection portfolio to give reliable security solutions with SaaS administration.
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Key Points Are Covered in Report:
• Define, describe and forecast Data Center Backup and Recovery Solutions product market by type, application, end user and region.
• Provide enterprise external environment analysis and PEST analysis.
• Provide strategies for company to deal with the impact of COVID-19.
• Provide market dynamic analysis, including market driving factors, market development constraints.
• Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
• Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
• Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
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https://introspectivemarketresearch.com/reports/green-data-center-market/
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