Report ID: SQMIG45D2090
Cloud Backup Market Size, Share, Growth Analysis, By Component(Solution, and Services), By Service Provider(Managed Service Provider, Cloud Service Provider, Telecom and Communication Provider, and Others), By Industry Vertical(Banking, Financial Services, and Insurance (BFSI), Consumer Goods and Retail), By Deployment Mode(Public, Private, and Hybrid), By Organization Type(Large Enterprises, Small and Medium Enterprises (SMEs)), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45D2090 |
Region:
Global |
Published Date: April, 2024
Pages:
199
|
Tables:
150 |
Figures:
76
Cloud Backup Market Regional Insights
North American countries have been early adopters of almost all kinds of cloud-based technologies, and this has allowed this region to hold sway over the global cloud backup demand outlook as well. Growing penetration of cloud platforms, presence of key tech companies, and increasing digitization of different industry verticals are also slated to allow North America to maintain its dominant stance in the global landscape. The United States is slated to be the key contributor to cloud backup demand followed by Canada in this region going forward.
Rise of cloud service adoption in countries such as India and China allow Asia Pacific to take the position as fastest-expanding regional market in the world for cloud backup providers. Growing sales of consumer electronics, increasing urbanization, rising adoption of cloud technology, and high use of cloud backup services by SMEs in this region are key factors that put the Asia Pacific region on the radar of cloud backup market players. Japan, Taiwan, India, South Korea, and China are the top markets for cloud backup companies in this region.
Cloud Backup Market Report Snapshots
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