Backup-as-a-Service (BaaS) Market: Size & Trends Shows a Rapid Growth by 2027

Online backup services, also known as BaaS, refer to frequent backups of the entire contents of a folder, file, or HDD by a service provider to a remote secure cloud-based data store.

Our analysts have predicted that the Cloud Backup Services market in terms of geographic region will witness significant growth in North America over the next few years. Our analysts have predicted that this region will capture market share due to growing IoT adoption.

Backup-as-a-Service (BaaS) market size is expected to growth from US$ 11580 million in 2020 to US$ 65570 million by 2027; it is expected to grow at a CAGR of 21% during 2021-2027.

Key companies Backup-as-a-Service (BaaS) Market

Further, the report presents profiles of competitors in the market, key players include:

• Commvault Systems
• NetApp
• Unitrends Inc.
• IBM
• Oracle Corporation
• Veritas Technologies
• Veeam Software

Backup-as-a-Service (BaaS) Market, By Type

Backup-as-a-Service (BaaS) Market Segment Percentages, By Type,

• Online Backup
• Cloud Backup

Backup-as-a-Service (BaaS) Market, By Application, 2016-2021, 2022-2027 ($ Millions)

Backup-as-a-Service (BaaS) Market Segment Percentages, By Application, 2020 (%)

• Email Backup
• Application Backup
• Media Storage Backup

Scope of the Report

The research study analyzes the global Backup-as-a-Service (BaaS) industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Backup-as-a-Service (BaaS) Market Report

1. What was the Backup-as-a-Service (BaaS) Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

What will be the CAGR of Backup-as-a-Service (BaaS) Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Backup-as-a-Service (BaaS) Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:

• Proliferation and maturation of trade in the global Backup-as-a-Service (BaaS) market.
• The market share of the global Backup-as-a-Service (BaaS) market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Backup-as-a-Service (BaaS) market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Backup-as-a-Service (BaaS) market.