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(I-SoftwareNews.Com, February 11, 2016 ) Cloud or online backup is a method of backing up data that involves sending copies of the data over a public cloud. The server is usually hosted by a third-party service provider that charges the customer a fee based on bandwidth, capacity, number of users, and backup. Cloud backup and recovery solutions securely copy the files to many servers. These solutions are safe from hard drive failures that are common with PCs. The files are also encrypted so that no one other than the user can view them, protecting the data from viruses and hackers. As well, Cloud backup and recovery solutions allow fast and easy access to all backed-up files.
Market analysts forecast the global cloud backup and recovery software market to grow at a CAGR of 12.94% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global cloud backup and recovery software market for 2016-2020. To calculate the market size, the report considers the revenue generated from software licenses, maintenance fees, and services. It also presents the vendor landscape and a corresponding detailed analysis of the five vendors operating in the market, which were selected based on their revenue generated from cloud backup and recovery software sales and services.
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The market is divided into the following segments based on end-user: Manufacturing BFSI Information and communication technology Others
Global Cloud Backup and Recovery Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors CA Technologies CommVault EMC IBM Microsoft Symantec
Other prominent vendors Acronis Actifio Asigra Carbonite Dell Software EVault FalconStor Software HP Intronis NetApp Unitrends Veeam Veritas Software Corporation
Market driver Focus on reducing IT expenditure For a full, detailed list, view our report
Market challenge Latency in data transfer For a full, detailed list, view our report
Market trend Emergence of infrastructure as a service (IaaS) and on-demand cloud providers For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
Browse Detail Report With TOC @ http://www.researchmoz.us/global-cloud-backup-and-recovery-software-market-2016-2020-report.html
Table Of Content
PART 01: Executive summary Highlights PART 02: Scope of the report Major vendor offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PART 05: Market landscape Market overview Cloud storage software classification Main factors driving the need for backup and recovery software Market size and forecast Cloud backup and recovery software as part of cloud storage solutions PART 06: Market segmentation by end user PART 07: Geographical segmentation PART 08: Market drivers Focus on reducing IT expenditure Improved organizational productivity Stringent security and regulatory policies Demand for cloud-based services Increased enterprise-wide data storage PART 09: Impact of drivers PART 10: Market challenges Latency in data transfer Compliance issues Increasing number of end-user locations PART 11: Impact of drivers and challenges PART 12: Market trends Emergence of IaaS and on-demand cloud providers Growing demand for big data and social networking Increased use of database management solutions Increased adoption of smart devices and tablets PART 13: Five forces analysis PART 14: Vendor landscape Competitive scenario Leading vendors Other leading and prominent vendors PART 15: Appendix List of abbreviations PART 16: Explore Technavio
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