Global Cloud Based Backup Services market cagr 16.80%

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Cloud Based Backup Services Market

Cloud Based Backup Services Market Scope:

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Cloud Based Backup Services Market Size and Growth

The Cloud-Based Backup Services market is experiencing robust growth, driven by increased data security needs and digital transformation trends. In 2023, the market size is estimated to reach approximately $10 billion, with a projected CAGR of over 20% as organizations prioritize data protection and scalable storage solutions. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ CA Technologies

◍ Commvault

◍ Dell

◍ IBM

◍ Microsoft Corporation

◍ Symantec (Broadcom)

◍ Acronis International GmbH

◍ Actifio Technologies

◍ Asigra Inc.

◍ Carbonite Inc.

◍ Hewlett Packard Enterprise

◍ NetApp

◍ Veeam Software

The Cloud Based Backup Services Market features key players like Microsoft, IBM, and Commvault offering scalable solutions. Companies enhance market growth by providing reliable, secure, and innovative backup solutions. Revenue highlights include Acronis at $600M, Veeam at $1B+, and Dell at $90B, driving the adoption of cloud storage services.

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Market Segmentation

By Application

BFSI

IT & Telecommunication

Retail & Consumer Goods

Manufacturing

Others

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By Product

Public Cloud

Private Cloud

Hybrid Cloud

$ 92.82 Billion

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