Backup as a service (BaaS) is an approach to backing up data that involves purchasing backup and recovery services from an online data backup provider. Instead of performing backup with a centralized, on-premises IT department, BaaS connects systems to a private, public or hybrid cloud managed by the outside provider. Backup as a service is easier to manage than other offsite services. Instead of worrying about rotating and managing tapes or hard disks at an offsite location, data storage administrators can offload maintenance and management to the provider.
The demand for reliable data backup and recovery software solutions would influence the digital transformation and data protection across verticals. Growing adoption of cloud data backup and significant growth in the data are driving the growth of the reliable data backup and recovery software and services among enterprises. Intense competition from open-source platforms would be a major challenge that would limit the growth of the market during the forecast period.
In 2018, the global Back up as a Service market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Back up as a Service status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Back up as a Service development in United States, Europe and China.
The key players covered in this study
Hewlett Packard Enterprise Company
Acronis International GmbH
Market segment by Type, the product can be split into
Market segment by Application, split into
Media Storage Backup
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Back up as a Service status, future forecast, growth opportunity, key market and key players.
To present the Back up as a Service development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Back up as a Service are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.