Backup & DR
The global data backup and recovery market size is forecast 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 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 global data backup and recovery market size is expected to grow from USD 7.13 billion in 2017 to USD 11.59 billion by 2022, at a CAGR of 10.2% during the forecast period. Data backup and recovery software and solutions play a vital role to protect, replicate, and retain data in case of any manual or natural disaster. Increasing adoption of cloud data backup solutions and the enormous growth of data are driving the adoption of reliable data backup and recovery software and services among enterprises. Regular data backups are vital insurance against a data-loss catastrophe. Data backup 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 Service (BaaS) to their commercial customers in the global market.
- Business continuity solutions enable revenue generation
- Prevent companies from losing business to the competition.
- Preserve a company’s reputation with customers and partners.
- Ensure compliance with industry regulations.
- Data Backup
- Disaster Recovery
- Business Continuity
- High Availability
- Data Encryption
- Cloud Failover
- Lowest RTO / RPO Time
- Ransomware Mitigation
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