Global Virtual Machine Backup and Recovery Market was valued at USD xx Bn IN 2019 and is expected to reach at USD xx Bn by 2027 at a CAGR of xx% over forecast period 2020-2027.
Global Virtual Machine Backup and Recovery Market
The report covers an in depth analysis of COVID 19 pandemic impact on Global Virtual Machine Backup and Recovery Market by region and on the key players revenue affected till April 2020 and expected short term and long term impact on the market.
Global Virtual Machine Backup and Recovery Market Dynamics:
Virtual machine backup and recovery is performed using conventional backup software and is a straightforward method, but it leads to resource contention. More resources are needed to execute a backup and recovery operation. Various factors such as an increasing adoption of virtual machine in various telecom, information technology, government, and retail sector is mainly driving the global market over forecast period. Virtual machine backup and recovery is performed using conventional backup software and is a straightforward method, but it leads to resource contention. More resources are needed to execute a backup and recovery operation. This also can lead to a compromise in the virtual machine performance.
However, factors such as safety & security concerns, lack of technical expertise are restraining the market growth over forecast period.
Global Virtual Machine Backup and Recovery Market is segmented by organization size, by deployment type and by region. By organisation size, large enterprise segment is expected to dominate the global market with xx% of market share over forecast period. A virtual machine plays the role of a host operating system in large enterprises that is created within the cloud platform that can be shared between various physical computers. With the progress of virtualization technology, virtual machines are becoming more and more popular and are being extensively utilized for the purpose of testing out new operating system, thereby running software designed for the existing operating system and testing software on many different platforms.
By deployment type, cloud type deployment segment is expected to hold xx% of market share over forecast period. A virtual machine refers to a replication of a computer system which is able to perform tasks such as running programs or applications through cloud based platform.
By geography, market is segmented into North America, APAC, Europe, MEA& Africa and South America. Among all of these North America dominated the global market with xx% of market share in 2019 and is expected to keep its dominance over forecast period. An increasing adoption of virtual machines in the United States and Canada. The US leads the market in North America as it is the most technologically advanced country and also hub to various leading players such as VMware, Inc. and IBM Corporation. North America is followed by Europe and APAC. Europe is expected to hold xx% of market share over forecast period due to the rising need among enterprises to install virtual machine backup and recovery. Various initiatives are taken by European Union in the form of partnerships with different technology players for solution enhancement and their distribution is mainly driving the market in this region.
Asia-Pacific is expected to hold xx% of market share over forecast period. The rise in adoption of virtual machine backup and recovery services across various verticals and the increasing volume of critical data are the key drivers for the growth of the market in Asia-Pacific.
Report covers in depth analysis of key development, marketing strategies, supply chain analysis, value chain analysis and company profiles of market leaders, potential players and new entrants. Some of the key players covered in this report are Veeam Software (Switzerland), Veritas Technologies LLC (US), VMware, Inc. (US), Microsoft Corporation (US), Commvault Systems Inc (US), Acronis International GmbH (Switzerland), IBM Corporation (US), Vembu Technologies (India), Rackspace Inc. (US) and Quest Software Inc. (US), Symantec’s and CommVault’s among others. Among all of these Symantec is dominating the global market. Symantec is the largest provider of security software worldwide and market share leader in the backup software market. It offers Backup Exec for Windows-centric SMBs and NetBackup for large companies supporting many OSs. Symantec’s strong developer base and broad global channel and support ecosystem help it quickly deliver on features and respond to customer feedback. Symantec is followed by CommVault’s.
CommVault’s forward-looking hardware integration and OEM strategy, and ability to deliver on must-have virtual backup features make it a great solution for virtual backup.
The objective of the report is to present a comprehensive analysis of the Global Virtual Machine Backup and Recovery Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Virtual Machine Backup and Recovery Market dynamics, structure by analyzing the market segments and project Global Virtual Machine Backup and Recovery Market. Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Virtual Machine Backup and Recovery Market make the report investor’s guide.
Global Virtual Machine Backup and Recovery Market scope
Global Virtual Machine Backup and Recovery Market Segmentation by organization size
• Large enterprise
• Small- and medium-sized enterprise
Global Virtual Machine Backup and Recovery Market Segmentation by deployment model
Global Virtual Machine Backup and Recovery Market Segmentation by Agent Type
• Agent Based
Global Virtual Machine Backup and Recovery Market Segmentation by Region
• North America
• MEA& Africa
• South America
Global Virtual Machine Backup and Recovery Market Major Players
• Veeam Software (Switzerland)
• Veritas Technologies LLC (US)
• VMware, Inc. (US)
• Microsoft Corporation (US)
• Commvault Systems Inc (US)
• Acronis International GmbH (Switzerland)
• IBM Corporation (US)
• Vembu Technologies (India)
• Rackspace Inc. (US)
• Quest Software Inc. (US)
• MSP 360 (US)
• Micro Focus (UK)
• Storix, Inc. (US)
• Cisco System, Inc (US)
• NetJapan, Inc. (Japan)
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