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Global Cloud Backup and Recovery Market 2018-2022 | ICT End-user Dominates the Global Market | TechnavioAccording to the market research report released by Technavio, the global cloud backup and recovery market is expected to accelerate at a CAGR of 14% during the forecast period. The increased operational efficiency is one of the key factors triggering the growth of the market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181018005618/en/ According to the market research report released by Technavio, the global cloud backup and recovery market is expected to accelerate at a CAGR of 14% until 2022. (Photo: Business Wire) This research report titled 'Global Cloud Backup and Recovery Market 2018-2022' provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions. This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing The market research analysis categorizes the global cloud backup and recovery market into the following end-users:
In 2017, the ICT segment accounted for 28.13% of the global market and is projected to reach 28.29% by 2022, exhibiting almost 0.16% increase in market share. Global cloud backup and recovery market: Top emerging trend The rise in cloud security applications is an emerging trend in the cloud backup and recovery market space. IT experts are claiming that cloud solution is more secure in comparison to onsite data centers. This is encouraging chief information officers to prioritize cloud backup and security in their upcoming budgets. In addition, cloud security applications help in overcoming the challenges associated with the hybrid environment is security concerns. Looking for more information on this market? Request a free sample report Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. Technavio's report provides expert market research on the following topics: Executive Report
Market Insights
Market Segmentation Analysis
Vendor Landscape
About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. If you are interested in more information, please contact our media team at [email protected]. View source version on businesswire.com: https://www.businesswire.com/news/home/20181018005618/en/ |