Worldwide Cloud Backup Market Is Expected To Reach $190.5 Billion By 2024

Posted on 2018-03-21 by Mark Hub in Industrial, Technology // 0 Comments

Albany, US, 2018-Mar-21 — /EPR Network/ — An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Cloud Backup Markets: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024” which provides an outlook of the Worldwide markets are poised to achieve continuing growth as Cloud Backup markets respond to the advantages brought by mega data centers for cloud computing. The quality and the customization of mega data centers are significant market growth drivers. Automation of process is a key efficiency tool.

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Worldwide Cloud Backup has many applications: IoT, the Internet of things is the largest. Self-driving cars, drones, robots, artificial intelligence, and data center core storage. Cloud-backup markets get really, really big by 2024, $190.5 billion. The reason is that all computing moves to the cloud and all smart devices and IoT store data in the cloud. Augmented reality, self-driving cars, robots, drones all generate significant amounts of data from small smart devices and processors inside things. That data gets stored in the cloud. This data is manipulated with analytics and accessed as information from many different sources.

With 2 trillion IoT processors and devices anticipated to be in place by 2024, there is a lot of data generated on a daily basis. While not all of it is stored or backed up, a lot of the data needs to be used again in analytics, hence the growth of cloud storage markets? Once the data is stored, it can be accessed again and used, which is a back-up function.

Worldwide, the Cloud Backup market at $21.7 billion market in 2017, is expected to reach $190.5 billion by 2024. Growth is a result of the implementation of the digital economy. Geographically, this report is split into the US, Europe, Asia, the Middle East and Africa.

Browse Full Report with TOC: https://www.marketresearchhub.com/report/cloud-backup-markets-market-shares-strategies-and-forecasts-worldwide-2018-to-2024-report.html

Market Leaders

IBM
Amazon
Microsoft
Google
Iron Mountain Incorporated
Veeam Software
Barracuda Networks
Carbonite
Autotask / Datto
Asigra
Acronis International GmbH
Code42 Software
Datto
Druva Software
Efolder

Key Topics

Cloud Backup Markets
Cloud Virtual Machine
Platform Stack-Services
Mega Data Centers
Cloud CSP
Cloud MSP
Cloud Telco
High-Performance Switches
Software Defined Data Center
Customer Base Storage
Private Cloud
Public Cloud
Hybrid Cloud
Social Media
Always on Data Centers
Robust, Quality Cloud Computing
Networking Performance
Scalable Infrastructure
Data Management Component
Microservices
Virtual Machines
Hypervisor
Open Compute

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About Market Research Hub:

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of ICT market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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