Backup-as-aService (BaaS) Market
Backup-as-a-Service (BaaS) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Backup-as-a-Service (BaaS) Market Size and Growth
The Backup-as-a-Service (BaaS) market is experiencing significant growth, driven by increasing data volumes and a surge in cyber threats. The market size is projected to reach $10 billion by 2027, reflecting a compound annual growth rate (CAGR) of 25%. Businesses are prioritizing scalable, cost-effective, and secure backup solutions.
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Companies Covered
(Covid 19 Impact Covered)
◍ Microsoft
◍ HPE
◍ Dell
◍ Commvault Systems
◍ NetApp
◍ Unitrends Inc
◍ IBM
◍ Oracle Corporation
◍ Veritas Technologies
◍ Veeam Software
◍ Broadcom
◍ Acronis International GmbH
◍ Arcserve
◍ Datto
◍ Alphabet
◍ Cisco
The Backup-as-a-Service (BaaS) market features major players like Microsoft, HPE, Dell, and Commvault. These companies enhance BaaS through innovative solutions and integrations. Their services provide data protection, recovery, and management, driving adoption. Revenue figures include:
- Microsoft: $198 billion
- Dell: $93 billion
- IBM: $60 billion
- Veeam: $1 billion.
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Market Segmentation
By Application
Email Backup
Application Backup
Media Storage Backup
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By Product
Online Backup
Cloud Backup
Market Growth
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$ X Billion USD
