Research Report Cloud Backup Market Anticipated to grow at a CAGR

Title: Cloud Backup Market Anticipated to grow at a CAGR of 25.90% by 2025
Summary:-
The global cloud backup market was valued at USD 1.29 billion in 2016 and is projected to reach
USD 10.25 billion by 2025, growing at a CAGR of 25.90% from 2017 to 2025.
Cloud backup is a service that provides users with a system for the backup, storage, and recovery of
computer files. Cloud backup systems are built around a client software program that runs on a
schedule, some systems run once a day and other newer cloud backup services run continuously to
capture changes to user systems nearly in real-time. Cloud backup is highly used by organizations as
it is easily accessible, improves recovery time for small data sets, allows scalability with capital
savings, high efficiency and reliability, anytime-anywhere access.
Top Leading Companies are Microsoft, IBM, Sunguard, Infrascale, Recovery Point, AWS, Cable and
Wireless Communication, Geminare, Iland, Bluelock, NTT Communications, Acronics.
These major players have adopted various organic as well as inorganic growth strategies such as
mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships,
and others to strengthen their position in this market.
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This report provides a detailed analysis of the Cloud Backup market with description of market sizing
and growth, segmentation of market by products & services and major markets, top market players
etc. The report recapitulates the factors that will be responsible for the growth in the market in the
forecasted period.