Data Backup and Recovery Market by Software (Data Replication, Data Reduction, and Data Retention), Application (Email, Application, and Media Storage Backup), Service, Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2022
[142 Pages Report] The data backup and recovery market projected to grow from $6.58 Billion in 2016 to reach $11.59 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period. The base year considered for this study is 2016, and the forecast period is 20172022.
Objectives of the Study:
The main objective of the report is to define, describe, and forecast the data backup and recovery market size by component (software and services), application, organization size, deployment type, vertical, and region. The report provides detailed information on the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market. The report attempts to forecast the market size with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The report strategically profiles key market players and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, such as joint ventures, mergers and acquisitions, and new product developments, in the market.
The research methodology used to estimate and forecast the data backup and recovery market size begins with the collection and analysis of data on key vendor revenues through secondary sources, including annual reports and press releases, investor presentations, conferences and associations (ZertoCon Conference 2017, IEEE Whitepaper: Data Backup and Recovery Based on Data De-Duplication, Open Source Backup Conference 2017, IEEE Whitepaper: Overview of data backup and disaster recovery in cloud, WMCPA Spring Conference 2017), technology journals, certified publications, articles from recognized authors, directories, and databases. The vendor offerings have also been taken into consideration to determine the market segmentations. The bottom-up procedure was employed to arrive at the overall market size of the data backup and recovery market from the revenue of the key players and their market shares. The market spending across all regions along with the geographical split in various verticals was considered to arrive at the overall market size. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The breakdown of the profiles of primary participants is depicted in the below figure:
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The data backup and recovery market consists of various vendors providing data backup and recovery solutions including network behavior data backup and recovery and user behavior data backup and recovery to commercial clients across globe. IBM (US), CA Technologies (US), Commvault, (US), Dell (US), HPE (US), Oracle (US), Microsoft (US), Veritas Technologies (US), Acronis (US), NetApp (US), Unitrends (US), and Veeam (US) have adopted partnerships, agreements, and collaborations as key strategies to expand their market reach.
Key Target Audience of the Data Backup and Recovery Market :
- Data backup and recovery solution providers
- System integrators
- Consultancy firms and advisory firms
- Training and education service providers
- Telecom and communication service providers
- Managed service providers
- Data security providers
- Data quality providers
- Governments
The study answers several questions for the stakeholders, primarily, which market segments to focus on in the next 2 to 5 years for prioritizing efforts and investments.
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Scope of the Report
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Report Metric |
Details |
|
Market size available for years |
20172022 |
|
Base year considered |
2016 |
|
Forecast period |
20172022 |
|
Forecast units |
Billion (USD) |
|
Segments covered |
Component (software and services), Application, Organization size, Deployment Type, Vertical and Region |
|
Geographies covered |
North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America |
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Companies covered |
IBM (US), CA Technologies (US), Commvault, (US), Dell (US), HPE (US), Oracle (US), Microsoft (US), Veritas Technologies (US), Acronis (US), NetApp (US), Unitrends (US), and Veeam (US) |
The research report segments the data backup and recovery market into the following submarkets:
By Component:
- Software
- Services
Data Backup and Recovery Market By Service:
- Professional Services
- Managed Services
By Application:
- Email Backup
- Application Backup
- Media Storage Backup
Data Backup and Recovery Market By Organization Size:
- Large Enterprises
- Small and Medium-sized Enterprises
By Deployment Type:
- Cloud
- On-Premises
Data Backup and Recovery Market By Vertical:
- BFSI
- IT and Telecommunications
- Retail
- Government and Public Sector
- Healthcare
- Media and Entertainment
- Manufacturing
- Education
- Others
By Region:
- North America
- Europe
- APAC
- MEA
- Latin America
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the companys specific needs. The following customization options are available for the report:
Geographic Analysis
- Further breakdown of the North American market into the US and Canada
- Further breakdown of the European market into the UK, Germany, and France
Company Information
- Detailed analysis and profiling of additional market players
MarketsandMarkets forecasts the global data backup and recovery market size to grow from USD 7.13 Billion in 2017 to USD 11.59 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period.
The data backup and recovery market is segmented on the basis of components (software and services), applications, verticals, organization size, deployment types, and regions. The market is witnessing traction, and the adoption of reliable data backup and recovery software solutions would pave the way for agile digital transformations and data protection across verticals. The increasing adoption of cloud data backup and the enormous growth of data are boosting the adoption of reliable data backup and recovery software and services among enterprises. The data replication software segment is expected to hold the largest market size during the forecast period, as it is instrumental in keeping copies of the data at a physically separate location to safeguard the data from any disaster. Replication is a key technology for disaster recovery and works with data deduplication, servers, and cloud to carry the disaster recovery process. Moreover, data replication helps in sharing data among remote offices and dispersed users, making server data more accessible, and providing backup data. The application segment is categorized as email backup, application backup, and media storage backup. The associated services segment includes professional and managed services. The deployment segment is categorized into cloud and on-premises. The vertical segment is further categorized into IT and telecommunications, Banking, Financial Services and Insurance (BFSI), retail, government and public sector, healthcare, media and entertainment, manufacturing, education, and others (energy and utilities, and automotive, transportation and logistics).
The data backup and recovery market process involves copying and archiving enterprise data so that it is accessible in case of data deletion or corruption. Vendors are majorly offering data backup and recovery solutions in the form of customized software and as a service popularly known as Backup-as-a-Services (BaaS) to their commercial customers in the global market. The recovery process involves replication of stored data on diversely located servers to ensure business continuity in the event of man-made or natural disasters. Disaster Recovery-as-a-Service (DRaaS) plays a vital role in this scenario which is instrumental to protect and recover enterprise data from natural or man-made catastrophe or disaster. It is very critical for enterprises and consumers to protect their data to ensure business continuity. The disaster recovery service provided through the cloud helps reduce operational and capital expenditures.
North America is expected to hold the largest market share and dominate the data backup and recovery market during the forecast period. Organizations in this region are implementing data analytics and visualization solutions to analyze customer information, thereby dealing with a large amount of data. This enterprise data is estimated to grow at 40% every year. Organizations are facing system outages/data loss, and a full database recovery could cause serious operational delays. To shorten the time, it takes to restore data and systems; database backups should be performed on a regular basis. Considering this challenge, organizations in North America are adopting reliable data backup and recovery software thereby boosting the overall growth of market in the region.
Asia Pacific (APAC) has witnessed an advanced and dynamic adoption of new technologies and has always been a lucrative region. The data backup and recovery market in APAC is expected to grow at the highest CAGR during the forecast period. APAC has witnessed the advanced and dynamic adoption of new technologies and is the growing market for data backup and recovery software and services. The growth in this region is primarily driven by the strong positive outlook and growing awareness among enterprises to protect and backup their crucial enterprise data, particularly in BFSI, IT & telecommunications, retail, and healthcare verticals. Many enterprises and commercial customers in this region have started adopting enhanced and reliable data backup and recovery software to protect and retain their enterprise and personal data, thereby contributing to the growth of the market.
Intense competition from open-source alternatives is likely to be one of the restraining factors for the growth of data backup and recovery market. However, recent developments, new product launches, and acquisitions undertaken by the major market players are expected to boost the market growth.
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Table of Contents
1 Introduction (Page No. - 14)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Years Considered for the Study
1.4 Currency
1.5 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions
2.4 Limitations
3 Executive Summary (Page No. - 24)
4 Premium Insights (Page No. - 27)
4.1 Attractive Market Opportunities in the Market
4.2 Data Backup and Recovery Market By Software and Region, 2017
4.3 Market By Region, 2017 vs 2022
4.4 Market Investment Scenario
4.5 Top 3 Verticals, 20172022
5 Data Backup and Recovery Market Overview (Page No. - 31)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth of Enormous Amount of Data
5.2.1.2 Rising Need for Data Security and Privacy Concerns
5.2.1.3 Operational Excellence and Data Quality Management
5.2.1.4 Increasing Adoption of Cloud Data Backup
5.2.2 Restraints
5.2.2.1 Strict Competition From Open-Source Alternatives
5.2.3 Opportunities
5.2.3.1 Deployment of Data Maturity Model
5.2.3.2 Blockchain Solutions for the Future of Data Backup
5.2.4 Challenges
5.2.4.1 Management of Unstructured Data
5.2.4.2 Presence of Data Silos
5.3 Data Backup and Recovery: Metrics
5.3.1 Recovery Point Objective (RPO)
5.3.2 Recovery Time Objective (RTO)
5.4 Data Backup: Options
5.4.1 Automatic Backup
5.4.2 Manual Backup
5.4.3 Hybrid Backup
5.4.4 Incremental Backup
5.4.5 Differential Backup
5.5 Data Backup and Recovery: Features
5.5.1 Full Image Backup
5.5.2 Disk Cloning
5.5.3 Redundant Array of Inexpensive Disk (RAID) Recovery
5.6 Data Backup: Types
5.6.1 Full Backup
5.6.2 Incremental Backup
5.6.3 Differential Backup
5.6.4 Mirror Backup
6 Data Backup and Recovery Market, By Component (Page No. - 38)
6.1 Introduction
6.2 Software
6.3 Services
7 Data Backup and Recovery Market By Software (Page No. - 42)
7.1 Introduction
7.2 Data Replication
7.3 Data Reduction
7.4 Data Retention
8 Data Backup and Recovery Market By Service (Page No. - 47)
8.1 Introduction
8.2 Professional Services
8.3 Managed Services
9 Data Backup and Recovery Market By Application (Page No. - 51)
9.1 Introduction
9.2 Email Backup
9.3 Application Backup
9.4 Media Storage Backup
10 Data Backup and Recovery Market, By Organization Size (Page No. - 56)
10.1 Introduction
10.2 Large Enterprises
10.3 Small and Medium-Sized Enterprises
11 Market By Deployment Type (Page No. - 60)
11.1 Introduction
11.2 On-Premises
11.3 Cloud
12 Data Backup and Recovery Market By Vertical (Page No. - 64)
12.1 Introduction
12.2 Banking, Financial Services, and Insurance
12.3 IT and Telecommunications
12.4 Retail
12.5 Government and Public Sector
12.6 Healthcare
12.7 Media and Entertainment
12.8 Manufacturing
12.9 Education
12.10 Others
13 Data Backup and Recovery Market, By Region (Page No. - 75)
13.1 Introduction
13.2 North America
13.3 Europe
13.4 Asia Pacific
13.5 Middle East and Africa
13.6 Latin America
14 Competitive Landscape (Page No. - 98)
14.1 Overview
14.2 Competitive Scenario
14.2.1 New Product Launches, 20142017
14.2.2 Mergers and Acquisitions, 2014
14.2.3 Agreements and Partnerships, 20142017
15 Company Profiles (Page No. - 101)
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
15.1 IBM
15.2 Microsoft
15.3 Oracle
15.4 HPE
15.5 CA Technologies
15.6 Dell
15.7 Veritas Technologies
15.8 Commvault
15.9 Acronis
15.10 Netapp
15.11 Veeam
15.12 Unitrends
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
16 Appendix (Page No. - 132)
16.1 Industry Experts
16.2 Discussion Guide
16.3 Knowledge Store: Marketsandmarkets Subscription Portal
16.4 Introducing RT: Real-Time Market Intelligence
16.5 Available Customizations
16.6 Related Reports
16.7 Author Details
List of Tables (68 Tables)
Table 1 Data Backup and Recovery Market Size and Growth Rate, 20172022 (USD Million, Y-O-Y %)
Table 2 Market Size, By Component, 20172022 (USD Million)
Table 3 Software: Market Size, By Region 20152022 (USD Million)
Table 4 Services: Market Size, By Region, 20152022 (USD Million)
Table 5 Data Backup and Recovery Market Size, By Software, 20152022 (USD Million)
Table 6 Data Replication: Market Size, By Region, 20152022 (USD Million)
Table 7 Data Reduction: Market Size, By Region, 20152022 (USD Million)
Table 8 Data Retention: Market Size, By Region, 20152022 (USD Million)
Table 9 Data Backup and Recovery Market Size, By Service, 20152022 (USD Million)
Table 10 Professional Services: Market Size, By Region, 20152022 (USD Million)
Table 11 Managed Services: Market Size, By Region, 20152022 (USD Million)
Table 12 Market Size, By Application, 20152022 (USD Million)
Table 13 Email Backup: Market Size, By Region, 20152022 (USD Million)
Table 14 Application Backup: Market Size, By Region, 20152022 (USD Million)
Table 15 Media Storage Backup: Market Size, By Region, 20152022 (USD Million)
Table 16 Data Backup and Recovery Market Size, By Organization Size, 20152022 (USD Million)
Table 17 Large Enterprises: Market Size, By Region, 20152022 (USD Million)
Table 18 Small and Medium-Sized Enterprises: Market Size, By Region, 20152022 (USD Million)
Table 19 Market Size, By Deployment Type, 20152022 (USD Million)
Table 20 On-Premises: Market Size, By Region, 20152022 (USD Million)
Table 21 Cloud: Market Size, By Region, 20152022 (USD Million)
Table 22 Data Backup and Recovery Market Size, By Vertical, 20152022 (USD Million)
Table 23 Banking, Financial Services, and Insurance: Market Size, By Region, 20152022 (USD Million)
Table 24 IT and Telecommunications: Market Size, By Region, 20152022 (USD Million)
Table 25 Retail: Market Size, By Region, 20152022 (USD Million)
Table 26 Government and Public Sector: Market Size, By Region, 20152022 (USD Million)
Table 27 Healthcare: Market Size, By Region, 20152022 (USD Million)
Table 28 Media and Entertainment: Market Size, By Region, 20152022 (USD Million)
Table 29 Manufacturing: Market Size, By Region, 20152022 (USD Million)
Table 30 Education: Market Size, By Region, 20152022 (USD Million)
Table 31 Others: Market Size, By Region, 20152022 (USD Million)
Table 32 Data Backup and Recovery Market Size, By Region, 20152022 (USD Million)
Table 33 North America: Market Size, By Component, 20152022 (USD Million)
Table 34 North America: Market Size, By Software, 20152022 (USD Million)
Table 35 North America: Market Size, By Service, 20152022 (USD Million)
Table 36 North America: Market Size, By Application, 20152022 (USD Million)
Table 37 North America: Market Size, By Organization Size, 20152022 (USD Million)
Table 38 North America: Market Size, By Deployment Type, 20152022 (USD Million)
Table 39 North America: Market Size, By Vertical, 20152022 (USD Million)
Table 40 Europe: Data Backup and Recovery Market Size, By Component, 20152022 (USD Million)
Table 41 Europe: Market Size, By Software, 20152022 (USD Million)
Table 42 Europe: Market Size, By Service, 20152022 (USD Million)
Table 43 Europe: Market Size, By Application, 20152022 (USD Million)
Table 44 Europe: Market Size, By Organization Size, 20152022 (USD Million)
Table 45 Europe: Market Size, By Deployment Type, 20152022 (USD Million)
Table 46 Europe: Market Size, By Vertical, 20152022 (USD Million)
Table 47 Asia Pacific: Market Size, By Component, 20152022 (USD Million)
Table 48 Asia Pacific: Market Size, By Software, 20152022 (USD Million)
Table 49 Asia Pacific: Market Size, By Service, 20152022 (USD Million)
Table 50 Asia Pacific: Market Size, By Application, 20152022 (USD Million)
Table 51 Asia Pacific: Market Size, By Organization Size, 20152022 (USD Million)
Table 52 Asia Pacific: Market Size, By Deployment Type, 20152022 (USD Million)
Table 53 Asia Pacific: Market Size, By Vertical, 20152022 (USD Million)
Table 54 Middle East and Africa: Data Backup and Recovery Market Size, By Component, 20152022 (USD Million)
Table 55 Middle East and Africa: Market Size, By Software, 20152022 (USD Million)
Table 56 Middle East and Africa: Market Size, By Service, 20152022 (USD Million)
Table 57 Middle East and Africa: Market Size, By Application, 20152022 (USD Million)
Table 58 Middle East and Africa: Market Size, By Organization Size, 20152022 (USD Million)
Table 59 Middle East and Africa: Market Size, By Deployment Type, 20152022 (USD Million)
Table 60 Middle East and Africa: Market Size, By Vertical, 20152022 (USD Million)
Table 61 Latin America: Market Size, By Component, 20152022 (USD Million)
Table 62 Latin America: Market Size, By Software, 20152022 (USD Million)
Table 63 Latin America: Market Size, By Service, 20152022 (USD Million)
Table 64 Latin America: Market Size, By Application, 20152022 (USD Million)
Table 65 Latin America: Market Size, By Organization Size, 20152022 (USD Million)
Table 66 Latin America: Market Size, By Deployment Type, 20152022 (USD Million)
Table 67 Latin America: Market Size, By Vertical, 20152022 (USD Million)
Table 68 Market Ranking for the Data Backup and Recovery Market, 2017
List of Figures (50 Figures)
Figure 1 Data Backup and Recovery Market Segmentation
Figure 2 Regional Scope
Figure 3 Market: Research Design
Figure 4 Data Triangulation
Figure 5 Data Backup and Recovery Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Market: Assumptions
Figure 8 Segments Dominating the Global Market in 2017
Figure 9 Software Segment is Estimated to Have the Larger Market Share in 2017
Figure 10 Increasing Adoption of Cloud Data Backup Among Enterprises is Driving the Market Growth
Figure 11 Data Replication Software, and North America are Estimated to Have the Largest Market Shares in 2017
Figure 12 North America is Expected to Have the Largest Market Size During the Forecast Period
Figure 13 Asia Pacific is Expected to Emerge as the Best Market for Investments in the Next 5 Years
Figure 14 Education, Government and Public Sector, and Retail Verticals are Expected to Witness Impressive Growth Rates During the Forecast Period
Figure 15 Market Drivers, Restraints, Opportunities, and Challenges
Figure 16 Software Segment is Expected to Dominate the Data Backup and Recovery Market During the Forecast Period
Figure 17 North America is Expected to Dominate the Software Segment of the Market During the Forecast Period
Figure 18 Data Replication Software is Expected to Dominate the Market During the Forecast Period
Figure 19 North America is Expected to Have the Largest Market Size in the Data Replication Segment During the Forecast Period
Figure 20 Asia Pacific is Expected to Grow at the Highest CAGR in the Data Retention Segment During the Forecast Period
Figure 21 Professional Services Segment is Expected to Have the Larger Market Size During the Forecast Period
Figure 22 Media Storage Backup Application is Expected to Dominate the Market During the Forecast Period
Figure 23 Asia Pacific is Expected to Grow at the Highest CAGR in the Application Backup Segment During the Forecast Period
Figure 24 North America is Expected to Have the Largest Market Size in the Media Storage Backup Segment During the Forecast Period
Figure 25 Large Enterprises Segment is Expected to Have the Larger Market Size in the Market During the Forecast Period
Figure 26 North America is Expected to Dominate the Large Enterprises Segment in the Market During the Forecast Period
Figure 27 Cloud Deployment Type is Expected to Grow at A Higher CAGR in the Market During the Forecast Period
Figure 28 North America is Expected to Dominate the Cloud Deployment Type Segment in the Market During the Forecast Period
Figure 29 Education Vertical is Expected to Grow at the Highest CAGR in the Market During the Forecast Period
Figure 30 North America is Expected to Lead in the IT and Telecommunications Vertical During the Forecast Period
Figure 31 Asia Pacific is Expected to Grow at the Highest CAGR in the Education Vertical During the Forecast Period
Figure 32 North America is Expected to Have the Largest Market Size in the Data Backup and Recovery Market During the Forecast Period
Figure 33 Asia Pacific is Expected to Be an Attractive Destination for Investments in the Market
Figure 34 North America: Market Snapshot
Figure 35 Data Replication Software is Expected to Have the Largest Market Share During the Forecast Period in North America
Figure 36 Asia Pacific: Market Snapshot
Figure 37 Media Storage Backup Application is Expected to Have the Largest Market Size During the Forecast Period in Asia Pacific
Figure 38 Key Developments By the Leading Players in the Market for 20142017
Figure 39 IBM: Company Snapshot
Figure 40 IBM: SWOT Analysis
Figure 41 Microsoft: Company Snapshot
Figure 42 Microsoft: SWOT Analysis
Figure 43 Oracle.: Company Snapshot
Figure 44 Oracle: SWOT Analysis
Figure 45 HPE: Company Snapshot
Figure 46 HPE: SWOT Analysis
Figure 47 CA Technologies: Company Snapshot
Figure 48 CA Technologies: SWOT Analysis
Figure 49 Commvault: Company Snapshot
Figure 50 Netapp: Company Snapshot
Growth opportunities and latent adjacency in Data Backup and Recovery Market
Market dynamics and key players in Data protection market
Market sizing for data backup solution by country and industry.
Interested in space of backup and disaster recovery