Purpose-Built Backup Appliance Market Trends, Analysis, Growth and Forecast 2023

Posted by Akash Sangshetti on October 30th, 2019

Market Highlights

The purpose-built backup appliance market is growing rapidly across the world. The purpose-built backup appliance demand is growing as it is a standalone disk-based solution which can utilize software, server engine, disk arrays. These solutions can be used for backup data which is integrated with the backup software to index, schedule, catalog, and perform data movement.  It also provides flash enabled capabilities which uses appliance for live storage and VMware optimized solutions that can be accessed and utilized.

The companies are investing in these backup appliance that improves in the product portfolios with greater emphasis on automation, simplified management tools, ability to tier to the cloud and others. It offers rapid network file system (NFS) and rapid common internet file system (CIFS) functions, which provides source-side duplication for supported backup applications. These CIFS and NFS files are hybrid duplication, results in efficient use of storage by sharing a single data set across multi-application platforms. According to the analysis, in 2016, EMC Corporations is leading in the overall PBBA market with approximately 16% revenue share followed by Veritas Software, International Business Machines Corporation, and Hewlett Packard Enterprise.

According to Market Research Future analysis, global purpose-built backup appliance market has been valued at USD ~10 Billion by the end of forecast period with ~15% of CAGR during forecast period 2017 to 2023.

Global Purpose-built backup appliance Market Segmentation

The global Purpose-built backup appliance Market is bifurcated on the basis of products, components, end users and region. The products are segmented into open systems, mainframe systems and others. The components are segmented into hardware, software, services and others. The end users are segmented BFSI, government & defense, IT & telecommunications, healthcare and others. The region includes North America, Europe, Asia Pacific and rest of the world.

Key Players

The prominent players in the global purpose-built backup appliance market are – Dell EMC (U.S.), Oracle Corporation (U.S.), Axcient Inc. (U.S.), Barracuda Network Inc. (U.S.), Arcserve LLC (U.S.), International Business Machines Corporation (U.S.), Hitachi Data Systems Corporation (U.S.), Commvault Systems Inc. (U.S.), Quantum Corporation (U.S.), Hewlett Packard Enterprise Company  (U.S.) among others.

Market Research Analysis:

By end-user segment, the purpose-built backup appliance are gaining demand in the market as these solutions are integrated with the backup application. It has ProtectPoint with data domain which offers an alternative to the backup-server-centric approach. It has the ability to scale the performance of the system without overhead for the security, reliability and others.

By Region, MRFR analysis shows that the comprehensive understanding of market dynamics, the global purpose-built backup appliance market is analyzed across key geographies namely North America, Europe, China, Japan, India and among others. In North America region, the purpose-built backup appliance is gaining demand in the industry as it is offering high performance of up to 10X faster in securing the data. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

The global purpose-built backup appliance market is bifurcated on the basis of products, components, end users and region. The products are segmented into open systems, mainframe systems and others. The components are segmented into hardware, software, services and others. The end users are segmented retail, government & defense, IT & telecommunications, healthcare and others. The region includes North America, Europe, Asia Pacific and rest of the world.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Get Complete Report @ https://www.marketresearchfuture.com/reports/purpose-built-backup-appliance-market-4206

TABLE OF CONTENTS

1 Market Introduction  

1.1 Introduction

1.2 Scope Of Study

1.2.1 Research Objective   

1.2.2 Assumptions

1.2.3 Limitations   

1.3 Market Structure:

1.3.1 Global Purpose-Built Backup Appliance Market: By Products

1.3.2 Global Purpose-Built Backup Appliance Market: By Components

1.3.3 Global Purpose-Built Backup Appliance Market: By End Users

1.3.4 Global Purpose-Built Backup Appliance Market: By Region

2 Research Methodology

2.1 Research

2.2 Primary Research

2.3 Secondary Research

2.4 Forecast Model

3 Market Dynamics

3.1 Introduction

3.2 Market Drivers

3.3 Market Challenges

3.4 Market Opportunities

4 Executive Summary

5 Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.2 Supply Chain Analysis

Continued….

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Akash Sangshetti

About the Author

Akash Sangshetti
Joined: October 1st, 2019
Articles Posted: 322

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