Top 10 Companies Operating in Cloud Backup & Recovery Market by Revenue
COST PER MONTH FOR DATA BACKUP SOFTWARE COMPANIES DOWNLOAD
World’s Prominent Companies in Cloud Backup and Recovery Market: Top 10 by Revenueįor statistical analysis study on Cloud Backup & Recovery market research report, Download Report Summary According to Emergen Research, the global cloud backup & recovery market size of USD 7.48 billion in 2020 and is expected to register a CAGR of 13.6% during the forecast period. Therefore, to understand and manage growing volume of data, business need software or cloud management systems that foster faster decision process better collaboration tools rapid conversion from strategy to action and a better understanding of market data. This increases complexity and risk of data loss in the management process. Multigenerational technology including hybrid and multi-cloud systems increase data and workloads across the entire business data landscape. Most cloud and data recovery subscriptions run on a yearly or monthly basis, and now are even extensively used by small and medium-sized businesses due to advancements in edge computing. The adoption of cloud backup and recovery solutions provides additional benefits to the business such as data security, cost saving, storage, save time and virtualization of the data.
Cloud backup & recovery is a service where applications and data are backed up to the cloud in the event of an outage, system failure, or natural disaster.
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