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Cloud Backup Market, Global Outlook and Forecast 2023-2029

The global Cloud Backup market was valued at US$ 1887.4 million in 2022 and is projected to reach US$ 4170.3 million by 2029, at a CAGR of 12.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global Cloud Backup market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Cloud Backup market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Cloud Backup market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

Cloud backup, also known as online backup, is a strategy for backing up data that involves sending a copy of the data over a proprietary or public network to an off-site server. The server is usually hosted by a third-party service provider, which charges the backup customer a fee based on capacity, bandwidth or number of users. In the enterprise, the off-site server might be owned by the company, but the chargeback method would be similar.
This report aims to provide a comprehensive presentation of the global market for Cloud Backup, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cloud Backup. This report contains market size and forecasts of Cloud Backup in global, including the following market information:

  • Global Cloud Backup Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global top five companies in 2022 (%)
An increasing adoption of cloud-based technologies and need for managing voluminous data sets in Enterprises has led to the adoption of cloud backup solution. Also, the adoption of cloud backup solution has increased due to its various benefits such as simple management and monitoring, real-time backup and recovery, simple integration of cloud backup with enterprise?s Others applications, data deduplication, and customer support.
We surveyed the Cloud Backup companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Cloud Backup Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Cloud Backup Market Segment Percentages, by Type, 2022 (%)
  • Public Cloud
  • Private Cloud
  • Hybrid Cloud
Global Cloud Backup Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Cloud Backup Market Segment Percentages, by Application, 2022 (%)
  • Small and Medium-Sized Enterprises
  • Large Enterprises
Global Cloud Backup Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Cloud Backup Market Segment Percentages, By Region and Country, 2022 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:
  • Key companies Cloud Backup revenues in global market, 2018-2023 (estimated), ($ millions)
  • Key companies Cloud Backup revenues share in global market, 2022 (%)
 key players include:
  • Acronis International GmbH
  • Asigra Inc.
  • Barracuda Networks, Inc
  • Carbonite
  • Code42 Software
  • Datto
  • Druva Software
  • Efolder
  • IBM
  • Iron Mountain Incorporated
  • Microsoft
  • Veeam Software
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cloud Backup, market overview.
Chapter 2: Global Cloud Backup market size in revenue.
Chapter 3: Detailed analysis of Cloud Backup company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cloud Backup in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.