Purpose-built Backup Appliance (PBBA) Market Examination & Future Forecast Analyzed till 2024

Posted on 2019-04-15 by Mark Hub in Industrial, Technology // 0 Comments

ALBANY, US, 2019-Apr-15 — /EPR Network/ —

In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Purpose-built Backup Appliance (PBBA) Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.

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Increasing emphasis on the data protection & recovery infrastructures among the enterprises has been a prominent driver to the impressive growth of global purpose-built backup appliance (PBBA) market. Adherence to the stringent regulations and laws legislated on the data protection & data security like GDPR (General Data Protection Regulation) by the government across the world has been a strong driver to an acute rise in the demand for PBBA, which is utilized for data protection & disaster recovery (DR).PBBA continues to seek an extensive adoption, owing to the enhanced security it provides against disasters, hardware failures, and malware attacks. Above-said valuable insights have been culled from a recently issued report titled, “Purpose-built Backup Appliance (PBBA) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”, which has been constituted in the broad repository of Market Research Reports Search Engine (MRRSE).

Among the others regions of the world, North America reigns supreme for the PBBA market, which can be attributed to the region’s surging data storage need hailing from enterprises. Europe, on the back of its GDPR policy, is expected to witness a sheer growth in the PBBA market, following North America. Above-mentioned factors collectively are anticipated to favor the growth of PBBA market and that the market is projected to record a CAGR of over 9% through 2026.The detailed report on PBBA market offers a precise forecast for the period of 2016-2026. Here 2017 is considered as base year and the forecast has been provided for 2018-2026. The study comprises of technologies and prominent trends that impact the growth of this market during the forecasted period. The study encompasses a holistic view on the drivers, opportunities, and restraints of the market during the forecasted period.

The market evaluation has been done in value (US$ Mn). A brief overview has been incorporated in the report, which consists of market dynamics for identifying the restraints, opportunities and drivers that can influence the existing nature and future of the market. The report consists of ecosystem analysis, pricing analysis, and major market indicators to understand the future scope of the PBBA market.

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A detailed analysis on market attractiveness has been discussed in the report for each segment in this report, so as to offer a decisive outlook on the overall status of the market. The global PBBA market is classified, depending on the system, region, industry vertical, size of the enterprise, and component, which has been constituted in the report.

On the basis of the geography, the global PBBA market is divided into North America, Asia Pacific, Europe, South America, and Middle East & Africa. A detailed market outlook on each of these segments have been presented in the report to gauge the market size, market share, and key trends followed by these regions.The leading players profiled in the report are Dell Inc., IBM Corporation, Hewlett Packard Enterprise Development LP, Oracle Corporation, Fujitsu Limited, (EMC Corporation), CommVault Systems, Inc., Symantec Corporation, Barracuda Network Inc. (Thoma Bravo, LLC), Hitachi Vantara Corporation, Quantum Corporation, and NetApp, Inc. The report includes business strategies for each of these regions in the market to help the stakeholders gain a holistic outlook for formulating their strategies.

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