AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Backup-as-a-Service Market 2018-2022| Evolving Opportunities with Alphabet and Cisco Systems | Technavio

November 27, 2019
Global Backup-as-a-Service Market 2018-2022| Evolving Opportunities with Alphabet and Cisco Systems | Technavio
Global Backup-as-a-Service Market 2018-2022| Evolving Opportunities with Alphabet and Cisco Systems | Technavio

LONDON--(BUSINESS WIRE)--Nov 27, 2019--

Technavio has been monitoring the global backup-as-a-service market and the market is poised to grow by USD 4.21 billion during 2018-2022 at a CAGR of over 27% during the forecast period. Request Free Sample Pages

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191127005377/en/

Technavio has announced its latest market research report titled global backup as a service market 2018-2022. (Graphic: Business Wire)

Read the 80-page research report with TOC on “Backup-as-a-Service Market Analysis Report by Application (Online backup and Cloud backup), by Geography (Americas, APAC, and EMEA), and Segment Forecasts, 2018-2022”.

The market is driven by the increasing shift from capital expenditure (CAPEX) to the operational expenditure (OPEX) model. In addition, the exponential growth in the volume of data is anticipated to further boost the growth of the backup-as-a-service market.

The huge shift from the CAPEX to the OPEX model is driving the adoption of backup-as-a-service (BaaS) in various industry verticals since these solutions allow clients to pay only for what they use by implementing the pay-per-use pricing model. The solution helps enterprises build their BaaS infrastructure as per their business requirements. It also offers flexibility in terms of deployment models including platform-as-a-service and infrastructure-as-a-service.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Backup-as-a-Service Market Companies:

Alphabet

Alphabet is headquartered in the US and operates the business under various segments such as Google and Other Bets. The company offers Backup-as-a-Service through Google. The company also provides BaaS through google drive.

Amazon.com

Amazon.com is headquartered in the US and offers products through the following business units: North America, International, and Amazon Web Services. The company offers BaaS solutions, which are designed to deliver durable, secure, and scalable storage solutions for enterprises.

Cisco Systems

Cisco Systems is headquartered in the US and operates under various business segments, namely Switching, Next-Generation Network (NGN) Routing, Collaboration, Data Center, Wireless, Service Provider (SP) Video, Security, Other Products, and Services.

IBM

IBM is headquartered in the US and offers products through the following business segments: Cognitive solutions, Global business services, Technology services and cloud platforms, Systems, and Global financing. The company provides security-rich and scalable protection for critical data of enterprises.

NetApp

NetApp is headquartered in the US and offers products through the following business segments: product, software maintenance, and hardware maintenance and other services. The company offers SaaS backup service to protect the cloud-based data of enterprises.

Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio’s SUBSCRIPTION platform

Backup-as-a-Service Application Outlook (Revenue, USD Million, 2018-2022)

Backup-as-a-Service Regional Outlook (Revenue, USD Million, 2018-2022)

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Related Reports on Information Technologyinclude:

Data Center Backup and Recovery Software Market – Global Data Center Backup and Recovery Software Market by operator type (data center operators, communication services providers, internet content providers, government, financial services providers, and other operator types) and geography (APAC, Europe, MEA, North America, and South America).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191127005377/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:https://www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: OTHER MANUFACTURING DATA MANAGEMENT TECHNOLOGY RESEARCH OTHER RETAIL MANUFACTURING MOBILE/WIRELESS CONSUMER CONSTRUCTION & PROPERTY RETAIL OTHER PROFESSIONAL SERVICES SEMICONDUCTOR SECURITY INTERIOR DESIGN PROFESSIONAL SERVICES SOFTWARE NETWORKS SCIENCE OTHER CONSUMER HARDWARE

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/27/2019 10:30 AM/DISC: 11/27/2019 10:30 AM

http://www.businesswire.com/news/home/20191127005377/en