Cloud Backup Markets: Market Shares, Strategies, and Forecasts to 2024

Worldwide markets are poised to achieve continuing growth as Cloud Backup markets respond to the advantages brought by mega data centers for cloud computing. The quality and the customization of mega data centers are significant market growth drivers. Automation of process is a key efficiency tool.

Worldwide Cloud Backup has many applications: IoT, the Internet of things is the largest. Self-driving cars, drones, robots, artificial intelligence, and data center core storage.

Cloud-backup markets get really, really big by 2024, $190.5 billion. The reason is that all computing moves to the cloud and all smart devices and IoT store data in the cloud. Augmented reality, self-driving cars, robots, drones all generate significant amounts of data from small smart devices and processors inside things. That data gets stored in the cloud. This data is manipulated with analytics and accessed as information from many different sources.

With 2 trillion IoT processors and devices anticipated to be in place by 2024, there is a lot of data generated on a daily basis. While not all of it is stored or backed up, a lot of the data needs to be used again in analytics, hence the growth of cloud storage markets. Once the data is stored, it can be accessed again and used, which is a back-up function.

Worldwide, the Cloud Backup market at $21.7 billion market in 2017, is expected to reach $190.5 billion by 2024. Growth is a result of the implementation of the digital economy. Geographically, this report is split into the US, Europe, Asia, the Middle East and Africa.

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Companies Profiled

Market Leaders

IBM
Amazon
Microsoft
Google
Iron Mountain Incorporated
Veeam Software
Barracuda Networks
Carbonite
Autotask / Datto
Asigra

Key Topics

Cloud Backup Markets
Cloud Virtual Machine
Platform Stack-Services
Mega Data Centers
Cloud CSP
Cloud MSP
Cloud Telco
High-Performance Switches
Software Defined Data Center
Customer Base Storage
Private Cloud

Table of Contents

Abstract: Cloud Back-up Markets Grow as The Enterprise Moves from Data Center to Cloud 1
Cloud Back-up Executive Summary 15
Cloud Back-up Market Forecasts, SMB and Smart Devices 15

1. Cloud Back-up: Market Description and Market Dynamics 17
1.1 Cloud Back-up 17
1.2 High-Performance Switches Implement Software Defined Data Center 19

2. Cloud Back-up Market Shares and Forecasts 20
2.1 Cloud Back-up Market Driving Forces 20
2.1.1 Value of Cloud Back-Up Companies Is the Customer Base That Can be Converted to Cloud 22
2.2 Cloud Back-up Market Shares 22
2.3 Cloud Back-up Market Forecasts 27
2.3.1 Cloud Back-up Market Segments Analysis CSP, MSP, and Telco, 2012-2017 31
2.4 Cloud Back-up Pricing 34
2.5 Cloud Back-up and Storage for Private, Public, and Hybrid Market Sectors 36
2.5.1 Private Cloud 40

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