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Cloud Backup Market Size

  • Report ID: 5226
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT
  1. An Introduction to the Research Study
    1. Preface
    2. Market Taxonomy
    3. Definition Of The Market And The Segments
    4. Acronyms And Assumptions
  2. The Research Procedure
    1. Sources of Data
      1. Secondary
      2. Primary
        1. Solution/Service provider
        2. End user front
    2. Calculation and Derivation of Market Size
      1. Top-down approach
      2. Bottom-up approach
  3. Recommendation by Analyst for C-Level Executives
  4. An Abstract of the Report
  5. Evaluation of Market Fluctuations and Outlook
    1. Market Growth Drivers
    2. Market Growth Deflation
    3. Market Trends
      1. End user based
      2. Solution/service based
  6. Fundamental Market Prospects
    1. Strategic competitive opportunities
    2. Geographic opportunities
    3. Application centric opportunities
  7. Regulatory & Standards Landscape
  8. Decarbonization Strategy and Carbon Credit Benefits for Market Players
    1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
    2. Measures taken by Countries to Reduce Carbon Footprints
    3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
    4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
    5. Demand Impact on the Companies Opting for Carbon Credits
  9. Analysis of SaaS Backup Software
  10.  Economic Outlook: Japan
    1. Limitations to Japan’s Economic Recovery
    2. Uplifting Policies to Foster the Growth of the Economy
    3. Future-Outlook and Strategic Move for Sustainable Economy
  11. On-going Technological Trends in Cloud Backup
  12. Regional Demand Analysis
  13. Industry Value Chain Analysis
  14. Industry Growth Outlook
  15. Subscription Analysis
  16. End-Use Industry Analysis
  17. Analysis of the Region-Wise Data Center Traffic
  18. Global Cloud Backup Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Summary
    2. Market Revenue by Value (USD million) and Compound Annual Growth Rate (CAGR)
    3. Global Cloud Backup Market Outlook & Projections, Opportunity Assessment by Segment
    4. Year on Year Growth Forecast (%)
      1. By Component
        1. Solution, Market Value (USD Million) and CAGR, 2023-2036F
        2. Primary Storage, Market Value (USD Million) and CAGR, 2023-2036F
        3. Disaster Recovery, Market Value (USD Million) and CAGR, 2023-2036F
        4. Backup Storage, Market Value (USD Million) and CAGR, 2023-2036F
        5. Others Market Value (USD Million) and CAGR, 2023-2036F
      2. Services, Market Value (USD Million) and CAGR, 2023-2036F
        1. Training & Consulting, Market Value (USD Million) and CAGR, 2023-2036F
        2. Design & Integration, Market Value (USD Million) and CAGR, 2023-2036F
        3. Support & Maintenance, Market Value (USD Million) and CAGR, 2023-2036F
      3. By Enterprise Size
        1. Small & Medium Enterprise, Market Value (USD Million) and CAGR, 2023-2036F
        2. Large Enterprise, Market Value (USD Million) and CAGR, 2023-2036F
    5. By Deployment
      1. Private Cloud, Market Value (USD Million) and CAGR, 2023-2036F
      2. Public Cloud, Market Value (USD Million) and CAGR, 2023-2036F
      3. Hybrid Cloud, Market Value (USD Million) and CAGR, 2023-2036F
    6. By Service Provider
      1. Cloud Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      2. Telecommunication Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      3. Managed Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      4. Others, Market Value (USD Million) and CAGR, 2023-2036F
    7. By End-Use Industry
      1. BFSI, Market Value (USD Million) and CAGR, 2023-2036F
      2. Healthcare, Market Value (USD Million) and CAGR, 2023-2036F
      3. IT & Telecommunication, Market Value (USD Million) and CAGR, 2023-2036F
      4. Consumer Goods & Retail, Market Value (USD Million) and CAGR, 2023-2036F
      5. Manufacturing, Market Value (USD Million) and CAGR, 2023-2036F
      6. Others, Market Value (USD Million) and CAGR, 2023-2036F
    8. By Geography
      1. North America, Market Value (USD Million) and CAGR, 2023-2036F
      2. Europe, Market Value (USD Million) and CAGR, 2023-2036F
      3. Asia Pacific, Market Value (USD Million) and CAGR, 2023-2036F
      4. Latin America, Market Value (USD Million) and CAGR, 2023-2036F
      5. Middle East & Africa, Market Value (USD Million) and CAGR, 2023-2036F
  19. Cross Analysis of Component w.r.t. End-Use Industry (USD Million), 2023
  20. North America Cloud Backup Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Summary
    2. Market Revenue by Value (USD million) and Compound Annual Growth Rate (CAGR)
    3. North America Cloud Backup Market Outlook & Projections, Opportunity Assessment by Segment
    4. Year on Year Growth Forecast (%)
      1. By Component
        1. Solution, Market Value (USD Million) and CAGR, 2023-2036F
        2. Primary Storage, Market Value (USD Million) and CAGR, 2023-2036F
        3. Disaster Recovery, Market Value (USD Million) and CAGR, 2023-2036F
        4. Backup Storage, Market Value (USD Million) and CAGR, 2023-2036F
        5. Others Market Value (USD Million) and CAGR, 2023-2036F
      2. Services, Market Value (USD Million) and CAGR, 2023-2036F
        1. Training & Consulting, Market Value (USD Million) and CAGR, 2023-2036F
        2. Design & Integration, Market Value (USD Million) and CAGR, 2023-2036F
        3. Support & Maintenance, Market Value (USD Million) and CAGR, 2023-2036F
      3. By Enterprise Size
        1. Small & Medium Enterprise, Market Value (USD Million) and CAGR, 2023-2036F
        2. Large Enterprise, Market Value (USD Million) and CAGR, 2023-2036F
    5. By Deployment
      1. Private Cloud, Market Value (USD Million) and CAGR, 2023-2036F
      2. Public Cloud, Market Value (USD Million) and CAGR, 2023-2036F
      3. Hybrid Cloud, Market Value (USD Million) and CAGR, 2023-2036F
    6. By Service Provider
      1. Cloud Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      2. Telecommunication Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      3. Managed Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      4. Others, Market Value (USD Million) and CAGR, 2023-2036F
    7. By End-Use Industry
      1. BFSI, Market Value (USD Million) and CAGR, 2023-2036F
      2. Healthcare, Market Value (USD Million) and CAGR, 2023-2036F
      3. IT & Telecommunication, Market Value (USD Million) and CAGR, 2023-2036F
      4. Consumer Goods & Retail, Market Value (USD Million) and CAGR, 2023-2036F
      5. Manufacturing, Market Value (USD Million) and CAGR, 2023-2036F
      6. Others, Market Value (USD Million) and CAGR, 2023-2036F
    8. By Country
      1. United States, 2023-2036F (USD Million)
      2. Canada, 2023-2036F (USD Million)
  21. Europe Cloud Backup Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Summary
    2. Market Revenue by Value (USD million) and Compound Annual Growth Rate (CAGR)
    3. Europe Cloud Backup Market Outlook & Projections, Opportunity Assessment by Segment
    4. Year on Year Growth Forecast (%)
      1. By Component
        1. Solution, Market Value (USD Million) and CAGR, 2023-2036F
        2. Primary Storage, Market Value (USD Million) and CAGR, 2023-2036F
        3. Disaster Recovery, Market Value (USD Million) and CAGR, 2023-2036F
        4. Backup Storage, Market Value (USD Million) and CAGR, 2023-2036F
        5. Others Market Value (USD Million) and CAGR, 2023-2036F
      2. Services, Market Value (USD Million) and CAGR, 2023-2036F
        1. Training & Consulting, Market Value (USD Million) and CAGR, 2023-2036F
        2. Design & Integration, Market Value (USD Million) and CAGR, 2023-2036F
        3. Support & Maintenance, Market Value (USD Million) and CAGR, 2023-2036F
      3. By Enterprise Size
        1. Small & Medium Enterprise, Market Value (USD Million) and CAGR, 2023-2036F
        2. Large Enterprise, Market Value (USD Million) and CAGR, 2023-2036F
    5. By Deployment
      1. Private Cloud, Market Value (USD Million) and CAGR, 2023-2036F
      2. Public Cloud, Market Value (USD Million) and CAGR, 2023-2036F
      3. Hybrid Cloud, Market Value (USD Million) and CAGR, 2023-2036F
    6. By Service Provider
      1. Cloud Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      2. Telecommunication Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      3. Managed Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      4. Others, Market Value (USD Million) and CAGR, 2023-2036F
    7. By End-Use Industry
      1. BFSI, Market Value (USD Million) and CAGR, 2023-2036F
      2. Healthcare, Market Value (USD Million) and CAGR, 2023-2036F
      3. IT & Telecommunication, Market Value (USD Million) and CAGR, 2023-2036F
      4. Consumer Goods & Retail, Market Value (USD Million) and CAGR, 2023-2036F
      5. Manufacturing, Market Value (USD Million) and CAGR, 2023-2036F
      6. Others, Market Value (USD Million) and CAGR, 2023-2036F
    8. By Country
      1. Germany, 2023-2036F (USD Million)
      2. U.K., 2023-2036F (USD Million)
      3. Italy, 2023-2036F (USD Million)
      4. France, 2023-2036F (USD Million)
      5. Spain, 2023-2036F (USD Million)
      6. Russia, 2023-2036F (USD Million)
      7. Netherlands, 2023-2036F (USD Million)
      8. Rest of Europe, 2023-2036F (USD Million)
  22. Asia Pacific Cloud Backup Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Summary
    2. Market Revenue by Value (USD million) and Compound Annual Growth Rate (CAGR)
    3. APEJ Cloud Backup Market Outlook & Projections, Opportunity Assessment by Segment
    4. Year on Year Growth Forecast (%)
      1. By Component
        1. Solution, Market Value (USD Million) and CAGR, 2023-2036F
        2. Primary Storage, Market Value (USD Million) and CAGR, 2023-2036F
        3. Disaster Recovery, Market Value (USD Million) and CAGR, 2023-2036F
        4. Backup Storage, Market Value (USD Million) and CAGR, 2023-2036F
        5. Others Market Value (USD Million) and CAGR, 2023-2036F
      2. Services, Market Value (USD Million) and CAGR, 2023-2036F
        1. Training & Consulting, Market Value (USD Million) and CAGR, 2023-2036F
        2. Design & Integration, Market Value (USD Million) and CAGR, 2023-2036F
        3. Support & Maintenance, Market Value (USD Million) and CAGR, 2023-2036F
      3. By Enterprise Size
        1. Small & Medium Enterprise, Market Value (USD Million) and CAGR, 2023-2036F
        2. Large Enterprise, Market Value (USD Million) and CAGR, 2023-2036F
    5. By Deployment
      1. Private Cloud, Market Value (USD Million) and CAGR, 2023-2036F
      2. Public Cloud, Market Value (USD Million) and CAGR, 2023-2036F
      3. Hybrid Cloud, Market Value (USD Million) and CAGR, 2023-2036F
    6. By Service Provider
      1. Cloud Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      2. Telecommunication Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      3. Managed Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      4. Others, Market Value (USD Million) and CAGR, 2023-2036F
    7. By End-Use Industry
      1. BFSI, Market Value (USD Million) and CAGR, 2023-2036F
      2. Healthcare, Market Value (USD Million) and CAGR, 2023-2036F
      3. IT & Telecommunication, Market Value (USD Million) and CAGR, 2023-2036F
      4. Consumer Goods & Retail, Market Value (USD Million) and CAGR, 2023-2036F
      5. Manufacturing, Market Value (USD Million) and CAGR, 2023-2036F
      6. Others, Market Value (USD Million) and CAGR, 2023-2036F
    8. By Country
      1. China, 2023-2036F (USD Million)
      2. India, 2023-2036F (USD Million)
      3. Japan, 2023-2036F (USD Million)
      4. South Korea, 2023-2036F (USD Million)
      5. Singapore, 2023-2036F (USD Million)
      6. Australia, 2023-2036F (USD Million)
      7. Rest of Asia Pacific, 2023-2036F (USD Million)
  23. Japan Cloud Backup Demand Outlook & Projections, 2023 to 2036: A Comprehensive Study for Stakeholders
    1. Market Summary
    2. Market Revenue by Value (USD million) and Compound Annual Growth Rate (CAGR)
    3. Japan Cloud Backup Market Outlook & Projections, Opportunity Assessment by Segment
    4. Year on Year Growth Forecast (%)
      1. By Component
        1. Solution, Market Value (USD Million) and CAGR, 2023-2036F
        2. Primary Storage, Market Value (USD Million) and CAGR, 2023-2036F
        3. Disaster Recovery, Market Value (USD Million) and CAGR, 2023-2036F
        4. Backup Storage, Market Value (USD Million) and CAGR, 2023-2036F
        5. Others Market Value (USD Million) and CAGR, 2023-2036F
      2. Services, Market Value (USD Million) and CAGR, 2023-2036F
        1. Training & Consulting, Market Value (USD Million) and CAGR, 2023-2036F
        2. Design & Integration, Market Value (USD Million) and CAGR, 2023-2036F
        3. Support & Maintenance, Market Value (USD Million) and CAGR, 2023-2036F
      3. By Enterprise Size
        1. Small & Medium Enterprise, Market Value (USD Million) and CAGR, 2023-2036F
        2. Large Enterprise, Market Value (USD Million) and CAGR, 2023-2036F
    5. By Deployment
      1. Private Cloud, Market Value (USD Million) and CAGR, 2023-2036F
      2. Public Cloud, Market Value (USD Million) and CAGR, 2023-2036F
      3. Hybrid Cloud, Market Value (USD Million) and CAGR, 2023-2036F
    6. By Service Provider
      1. Cloud Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      2. Telecommunication Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      3. Managed Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
      4. Others, Market Value (USD Million) and CAGR, 2023-2036F
    7. By End-Use Industry
      1. BFSI, Market Value (USD Million) and CAGR, 2023-2036F
      2. Healthcare, Market Value (USD Million) and CAGR, 2023-2036F
      3. IT & Telecommunication, Market Value (USD Million) and CAGR, 2023-2036F
      4. Consumer Goods & Retail, Market Value (USD Million) and CAGR, 2023-2036F
      5. Manufacturing, Market Value (USD Million) and CAGR, 2023-2036F
      6. Others, Market Value (USD Million) and CAGR, 2023-2036F
  24. Latin America Cloud Backup Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Summary
    2. Market Revenue by Value (USD million) and Compound Annual Growth Rate (CAGR)
    3. Latin America Cloud Backup Market Outlook & Projections, Opportunity Assessment by Segment
    4. Year on Year Growth Forecast (%)
      1. By Component
        1. Solution, Market Value (USD Million) and CAGR, 2023-2036F
        2. Primary Storage, Market Value (USD Million) and CAGR, 2023-2036F
        3. Disaster Recovery, Market Value (USD Million) and CAGR, 2023-2036F
        4. Backup Storage, Market Value (USD Million) and CAGR, 2023-2036F
        5. Others Market Value (USD Million) and CAGR, 2023-2036F
      2. Services, Market Value (USD Million) and CAGR, 2023-2036F
        1. Training & Consulting, Market Value (USD Million) and CAGR, 2023-2036F
        2. Design & Integration, Market Value (USD Million) and CAGR, 2023-2036F
        3. Support & Maintenance, Market Value (USD Million) and CAGR, 2023-2036F
      3. By Enterprise Size
        1. Small & Medium Enterprise, Market Value (USD Million) and CAGR, 2023-2036F
        2. Large Enterprise, Market Value (USD Million) and CAGR, 2023-2036F
      4. By Deployment
        1. Private Cloud, Market Value (USD Million) and CAGR, 2023-2036F
        2. Public Cloud, Market Value (USD Million) and CAGR, 2023-2036F
        3. Hybrid Cloud, Market Value (USD Million) and CAGR, 2023-2036F
      5. By Service Provider
        1. Cloud Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
        2. Telecommunication Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
        3. Managed Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
        4. Others, Market Value (USD Million) and CAGR, 2023-2036F
      6. By End-Use Industry
        1. BFSI, Market Value (USD Million) and CAGR, 2023-2036F
        2. Healthcare, Market Value (USD Million) and CAGR, 2023-2036F
        3. IT & Telecommunication, Market Value (USD Million) and CAGR, 2023-2036F
        4. Consumer Goods & Retail, Market Value (USD Million) and CAGR, 2023-2036F
        5. Manufacturing, Market Value (USD Million) and CAGR, 2023-2036F
        6. Others, Market Value (USD Million) and CAGR, 2023-2036F
      7. By Country
        1. Brazil, 2023-2036F (USD Million)
        2. Mexico, 2023-2036F (USD Million)
        3. Argentina, 2023-2036F (USD Million)
        4. Rest of Latin America, 2023-2036F (USD Million)
  25. Middle East & Africa Cloud Backup Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Summary
    2. Market Revenue by Value (USD million) and Compound Annual Growth Rate (CAGR)
    3. Middle East and Africa Cloud Backup Market Outlook & Projections, Opportunity Assessment by Segment
    4. Year on Year Growth Forecast (%)
      1. By Component
        1. Solution, Market Value (USD Million) and CAGR, 2023-2036F
        2. Primary Storage, Market Value (USD Million) and CAGR, 2023-2036F
        3. Disaster Recovery, Market Value (USD Million) and CAGR, 2023-2036F
        4. Backup Storage, Market Value (USD Million) and CAGR, 2023-2036F
        5. Others Market Value (USD Million) and CAGR, 2023-2036F
      2. Services, Market Value (USD Million) and CAGR, 2023-2036F
        1. Training & Consulting, Market Value (USD Million) and CAGR, 2023-2036F
        2. Design & Integration, Market Value (USD Million) and CAGR, 2023-2036F
        3. Support & Maintenance, Market Value (USD Million) and CAGR, 2023-2036F
      3. By Enterprise Size
        1. Small & Medium Enterprise, Market Value (USD Million) and CAGR, 2023-2036F
        2. Large Enterprise, Market Value (USD Million) and CAGR, 2023-2036F
      4. By Deployment
        1. Private Cloud, Market Value (USD Million) and CAGR, 2023-2036F
        2. Public Cloud, Market Value (USD Million) and CAGR, 2023-2036F
        3. Hybrid Cloud, Market Value (USD Million) and CAGR, 2023-2036F
      5. By Service Provider
        1. Cloud Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
        2. Telecommunication Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
        3. Managed Service Provider, Market Value (USD Million) and CAGR, 2023-2036F
        4. Others, Market Value (USD Million) and CAGR, 2023-2036F
      6. By End-Use Industry
        1. BFSI, Market Value (USD Million) and CAGR, 2023-2036F
        2. Healthcare, Market Value (USD Million) and CAGR, 2023-2036F
        3. IT & Telecommunication, Market Value (USD Million) and CAGR, 2023-2036F
        4. Consumer Goods & Retail, Market Value (USD Million) and CAGR, 2023-2036F
        5. Manufacturing, Market Value (USD Million) and CAGR, 2023-2036F
        6. Others, Market Value (USD Million) and CAGR, 2023-2036F
      7. By Country
        1. GCC, 2023-2036F (USD Million)
        2. Israel, 2023-2036F (USD Million)
        3. South Africa, 2023-2036F (USD Million)
        4. Rest of Middle East & Africa, 2023-2036F (USD Million)
  26. Comprehensive Analysis of Leading Players in the Market
    1. Market share of Key Competitors in the Market, (%) 2023
    2. Benchmarking of the Competitors
    3. Profile of the Major Vendors
      1.  Veeam Software
      2. Acronis International GmbH
      3. Barracuda Networks, Inc.
      4. Druva Inc.
      5. IBM Corporation 
      6. Iron Mountain Inc.
      7. Microsoft Corporation
      8. Oracle Corporation
      9. Amazon Web Services
      10. AvePoint, Inc.
      11. NTT DATA
      12. TSUKAERU.NET CO., LTD.
      13. TeraCloud Co., Ltd.
      14. Wasabi Technologies
      15. Rhipe Ltd
      16. Fujitsu Limited
      17. Hitachi Vantara LLC
      18. Open Text Corporation
    4. Competitive Benchmarking
  27. Primary Interview Analysis

Cloud Backup Market Size

Cloud Backup Market size was valued at USD 5.66 billion in 2024 and is set to reach USD 112.89 billion by the end of 2037, expanding at around 25.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cloud backup is assessed at USD 6.82 billion.. The enormous amount of data being generated, the lower prices and higher efficiency of cloud backup than on-premises backup, and the expanding use of SaaS led to an increase in cloud backup. There are a large number of advanced Software as a Service (SaaS) business apps supplied via the cloud that are designed to address particular problems in the public sector.

Furthermore, the increasing use of cloud backup services worldwide to keep track of their financial data raising its market growth. For instance, in 2021, Amazon Web Services (AWS), a U.S.-based IT service management company and a wholly-owned subsidiary of Amazon, a U.S.-based e-commerce company, collaborated with Goldman Sachs, a U.S.-based investment banking company, to create a new cloud-based data and data analytics solutions for financial institutions.

Cloud Backup Market Share
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Author Credits:  Abhishek Verma


  • Report ID: 5226
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of cloud backup is assessed at USD 6.82 billion.

The cloud backup market size was valued at USD 5.66 billion in 2024 and is set to reach USD 112.89 billion by the end of 2037, expanding at around 25.4% CAGR during the forecast period i.e., between 2025-2037. High volume of data generation, growing adoption of SaaS, lower costs, and greater efficiency than on-premises backup, will boost the market growth.

North America industry share is expected to cross 38% by 2037, as region has a strong presence of major IT players or service providers, along with the cloud providers and data centers located there.

The major players in the market include Veeam Software, Acronis International GmbH, Barracuda Networks, Inc., Druva Inc., IBM Corporation, Iron Mountain Inc., Microsoft Corporation, Oracle Corporation, Amazon Web Services, AvePoint, Inc., NTT DATA, TSUKAERU.NET CO., LTD., TeraCloud Co., Ltd., Wasabi Technologies, Rhipe Ltd, Fujitsu Limited, Hitachi Vantara LLC, Open Text Corporation.
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