Global Purpose Built Backup Appliance Market (PBBA) was valued US$4.3 Bn in 2017 and is expected to reach US$16.2 Bn by 2026, at a CAGR of 18.03% during a forecast period.
The report is majorly segmented into Deployment, Components, System, Enterprise Size, Industry Vertical, and region. Further, Global Purpose Built Backup Appliance Market (PBBA) based on Deployment includes Cloud, On-Premise. Components segment is sub-segmented into Hardware, Software, and Professional Services. System segment in the report comprises Integrated System, Target Systems, Open System, and Mainframe Systems. Small & Medium Enterprises (SMEs), Large Enterprises are segmented under Enterprise Size segment. Further, Industry Vertical includes BFSI, Telecom and IT, Government, Healthcare, Education, Manufacturing, Travel and Hospitality, Energy and Utility, Others.
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The market numbers are further split across different regions the report had segmented the geographies into five continents i.e. North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Detailed analysis by region make the report comprehensive and enable the informed decision making.
Cloud-based Purpose-built backup appliances market systems are exposed to multiple security threats, especially in public cloud services. Enterprises have limited control over data security on public clouds. In terms of component the software component is further divided into deduplication, remote replication, compression, encryption, and support interfaces. Data deduplication is a process that minimizes storage space in database management systems and eliminates duplicate data. Data deduplication appliances increase the data retrieval process in data centres. Professional services are sub-segmented into installation and integration, and support and maintenance.
Purpose-built backup appliances are used for data protection and disaster recovery .Increasing focus of enterprises on data protection and recovery infrastructure are the major driving factors of purpose-built backup appliance (PBBA) market. General data protection regulation for stringent rules and regulations about data protection and data security increase the demand for purpose-built backup appliances. Due to data protection rule Europe market is expected to expand at a rapid rate .North America dominates the global purpose-built backup appliance (PBBA) market during forecast period. Due to increase in need of enterprise for data storage. The market in the Asia Pacific region is expected to register the high growth due to increasing awareness among enterprises about data protection, backup, and recovery. Cyber-security concerns is major challenges Purpose-built Backup Appliance market. Data protection and security from external cyber-attacks are crucial for enterprises.
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Global Purpose Built Backup Appliance Market (PBBA) report provides company market share analysis of the various key participants. Some of the key players profiled in the report include, Arcserve LLC, Asigra, Inc., Barracuda Networks, Inc. , CommVault Systems, Inc. , Dell EMC , eFolder, Inc. , ExaGrid Systems, Inc. , FalconStor Software, Inc. ,Fujitsu Ltd. , Hewlett Packard Enterprise Company ,Hitachi Vantara Corporation ,International Business Machines Corporation ,NetApp, Inc. ,Oracle Corporation ,Quantum Corporation ,STORServer, Inc. ,Unitrends, Inc. ,Veeam Software ,Vembu Technologies, Inc. ,Veritas Technologies LLC.
Scope of Global Purpose-built Backup Appliance (PBBA) Market:
Global Purpose-built Backup Appliance (PBBA) Market, by Deployment
Cloud
On-Premise
Global Purpose-built Backup Appliance (PBBA) Market, by Components
Hardware
Software
Professional Services
Global Purpose-built Backup Appliance (PBBA) Market, by System
Integrated System
Target Systems
Open System
Mainframe Systems
Global Purpose-built Backup Appliance (PBBA) Market by Enterprise Size:
Small & Medium Enterprises
Large Enterprises
Global Purpose-built Backup Appliance (PBBA) Market by Industry Vertical:
BFSI Telecom and IT
Government
Healthcare
Education
Manufacturing
Travel and Hospitality
Energy and Utility
Others
Global Purpose-built Backup Appliance (PBBA) Market, by Region
North America
Europe
Middle East & Africa
Asia Pacific
Latin America
Key players operated in Global Purpose Built Backup Appliance Market (PBBA):
Asigra, Inc.
Barracuda Networks, Inc.
CommVault Systems, Inc.
Dell EMC
eFolder, Inc.
ExaGrid Systems, Inc.
FalconStor Software, Inc.
Fujitsu Ltd.
Hewlett Packard Enterprise Company
Hitachi Vantara Corporation
International Business Machines Corporation
NetApp, Inc.
Oracle Corporation
Quantum Corporation
STORServer, Inc.
Unitrends, Inc.
Veeam Software
Vembu Technologies, Inc.
Veritas Technologies LLC.
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The Purpose-Built Backup Appliance (PBBA) Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the purpose-built backup appliance (PBBA) market include Arcserve LLC, Axcient Inc., Barracuda Network Inc., Commvault Systems Inc., Dell Inc., EMC Corporation, Hewlett Packard Enterprise Company, Hitachi Data Systems Corporation, International Business Machines Corporation, Oracle Corporation, Quantum Corporation, and Others.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Purpose-Built Backup Appliance (PBBA) Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/purpose-built-backup-appliance-pbba-market/download-sampleMarket DynamicsThe increasing focus of enterprises on data protection and recovery infrastructure is driving the market growth.
The stringent rules and regulations about data protection and data security such as GDPR (General Data Protection Regulation) are further boosting the demand for purpose-built backup appliances.
However, the high initial cost associated with the PBBAs is likely to hamper the market growth.
Market ScopeMarket Research Future (MRFR) in its latest “Purpose-Built Backup Appliance Market” report, reveals that the global market of purpose-built backup appliance (PBBA) holds great potential to proliferate.
The feasibility of installation of purpose-built backup appliances in backup environments without any significant architectural alterations are expected to be the primary cause to underpin the expansion of the growth of the worldwide market of PBBA.Market HighlightsOften due to heavy workload, systems can crash.
Deduplication of data removes redundant copies of stored information, leading to high availability of storage space and reduced cost.
The advantage of deduplication provided by PBBA is expected to expand the growth of its market across the years of assessment.
Additional factors that are expected to contribute to the expansion of the PBBA market are seamless installation procedures and ease of maintenance of purpose-built backup appliances.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/4206Purpose-built backup appliance Market SegmentationThe market of purpose-built backup appliance is studied in segments, which help in deriving a better understanding of the market.
It also aids investors to identify growth opportunities of the market and profit-making areas of the market.
According to a new market report published by Transparency Market Research, the global purpose-built backup appliance (PBBA) market was valued at US$ 3,427.9 Mn in 2016 and is expected to expand at a CAGR of 9.3% from 2018 to 2026, reaching US$ 8,114.6 Mn by the end of the forecast period.
Request a Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S_id=47481Increasing need for data storage and protection drives the purpose-built backup appliance (PBBA) marketPurpose-built backup appliance (PBBA) is a complete backup and recovery solution that includes software solutions such as file systems, disk systems, and object storage.
Purpose-built backup appliance (PBBA) solutions are specifically designed for enterprises to protect enterprise data for backup and recovery.
Moreover, these solutions are used to store and protect enterprise information in data centers or on hosted storage systems.Purpose-built Backup Appliance (PBBA) Market: Scope of the ReportThe global market for purpose-built backup appliance (PBBA) has been segmented on the basis of system, component, enterprise size, industry vertical, and region.
Professional services are sub-segmented into installation and integration, and support and maintenance.
In terms of enterprise size, the market has been fragmented into small & medium enterprises (SMEs) and large enterprises.
