The global demand for Purpose-Built Backup Appliance (PBBA) Market is presumed to reach the valuation of nearlyUSD XX MN by 2027 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2020-2027.
Purpose built backup appliances or PBBA combines both storage and computing power into a single server that is optimized for storing backup data. Purpose built backup appliances include features such as compression, deduplication, encryption, remote replication, and support interfaces. It can be installed in small, medium and large enterprises with a cloud-based and on-premise deployment. These are used for data protection and disaster recovery (DR). Additionally, these appliances provide enhanced security against malware attacks, disasters, and hardware failures.
The 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. Whereas, the emerging economies are expected to spur an opportunity over the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of purpose-built backup appliance (PBBA).
The entire purpose-built backup appliance (PBBA) market has been sub-categorized into products, components, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Open Systems
- Integrated System
- Target System
- Mainframe Systems
- Government & Defense
- IT & Telecommunication
This section covers regional segmentation which accentuates on current and future demand for purpose-built backup appliance (PBBA) market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Purpose-Built Backup Appliance (PBBA) Market Share by Region (Representative Graph)
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.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.