However, data loss due to hardware failure, cyberattack or accidental deletion can be devastating. This is where Backup as a Service comes in. Providing businesses of all sizes with a convenient and scalable solution to securely back up their data to the cloud ensures data protection and easy recovery in the event of a disaster. Let’s take a deeper look at the market, explore its size, trends, key players and their outlook. Request a Free Sample of This Strategic Report Backup as a Service Market Size A Growing Industry The Backup as a Service market size is expected to reach around USD billion by 2018, growing at a CAGR of.
The backup as a service market is an information capability that includes the purchase and recovery of information from online Oman Email List backup data. The service provides the ability to interact with information to a private cloud, public cloud, or hybrid cloud managed by an external professional organization rather than a collection of departments deployed on-premises by an enterprise. Research shows that the huge expense of sending local data recovery answers is a key driver driving the backup as a service market. Backup as a Service There are several key factors that are driving the market forward. The volume of data is increasing. The exponential growth of data generated by.
The enterprises requires a strong backup solution. It provides a scalable and cost-effective way to manage the growing volume of data. The increasing threat of cybercrime cyberattacks are becoming more sophisticated and frequent. Providing offsite backup solutions ensures data security even in the event of a cyberattack. Compliance requirements Regulations such as the General Data Protection Regulation and the General Data Protection Regulation mandate strong data protection measures.