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Purpose Built Backup Appliance Market 2019 Huge Growth Opportunities with Top Players are IBM, Microsoft Azure, Hewlett Packard, Oracle

Press release   •   Jul 06, 2019 02:11 IST

Purpose Built Backup Appliance Market

MARKET SCOPE

The “Global Purpose Built Backup Appliance Market Analysis to 2027” is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the purpose built backup appliance market with detailed market segmentation by system, service model, component, end-user, and geography. The global purpose built backup appliance market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading purpose built backup appliance market players and offers key trends and opportunities in the market.

Businesses today have become largely dependent on data, and events such as cyber-attacks have the potential to damage such critical data. Along with maintaining effective security measures against such cyber-threats, it is also necessary to be prepared with curative measures. A purpose built backup appliance is specially designed for storing the backup data, and restore it to the systems in case of any disaster recovery. A purpose built backup appliance (PBBA) is a disk-based standalone storage solution that is configured only for storing backup data. This solution works completely individually and therefore does not affect the operations of other servers.

MARKET DYNAMICS
Prevention of cyber-attacks incidences and online attacks on the IT-based systems coupled with large business dependencies on the data for operations is anticipated to be a major driver for the purpose built backup appliance market. Also, an increasing number of small and medium enterprises availing the cloud services owing to the lower total cost of ownership (TCO) would further propel the purpose built backup appliance market. Concerns around the security of the data in the cloud services may hinder the growth of the purpose built backup appliance market. Strengthening internet infrastructure in the majority of the developing economies and a strong emphasis on the cloud-based services laid down by organizations would provide good opportunities to the players operating in the purpose built backup appliance market.

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MARKET SEGMENTATION
The global purpose built backup appliance market is segmented on the basis of system, service model, component, and end-user. Based on system, the purpose built backup appliance market is segmented into integrated system, mainframe systems, open system, and target systems. On the basis of service model, the purpose built backup appliance market is segmented into Infrastructure as a Service (IaaS), Software as a Service (SaaS), and Platform as a Service (PaaS). Further, the purpose built backup appliance market is segmented on the basis of component into hardware, software, and services. The purpose built backup appliance market on the basis of the end-user is classified into BFSI, IT and Telecom, government, healthcare, education, manufacturing, travel and hospitality, energy and utility, and others.

REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global purpose built backup appliance market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The purpose built backup appliance market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the purpose built backup appliance market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter’s Five Forces analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the purpose built backup appliance in these regions.

MARKET PLAYERS
The reports cover key developments in the purpose built backup appliance market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from purpose built backup appliance market are anticipated to lucrative growth opportunities in the future with the rising demand for purpose built backup appliance in the global market. Below mentioned is the list of few companies engaged in the purpose built backup appliance market.

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The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the purpose built backup appliance market. In addition, the report focuses on leading industry players with information such as company profiles, systems, and services offered, financial information of the last 3 years, the key development in the past five years.

  • Barracuda Network Inc.
  • CommVault Systems, Inc.
  • Dell EMC
  • Fujitsu Limited
  • Hewlett Packard Enterprise
  • IBM Corporation
  • NetApp, Inc.
  • Microsoft Azure
  • Oracle Corporation
  • Symantec Corporation

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.

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