Purpose Built Backup Appliance Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

Purpose Built Backup Appliance market is projected to grow at a significant CAGR during the forecast period. A PBBA (purpose-built backup appliance) is a disk-based solution for backing up data, primarily data from backup applications. Backup equipment designed specifically for standalone deployment are used. PBBAs are designed to boost backup and recovery times across various applications and operating systems by reducing backup and recovery windows. Furthermore, since these appliances are disk-based, they are less vulnerable to network latency (any delay in data communication) than tape-based storage solutions. For data security and disaster recovery, purpose-built backup appliances are used (DR). These appliances provide improved protection against ransomware attacks, natural disasters, and hardware failures. The increasing emphasis of enterprises on data protection and recovery infrastructure is driving the global purpose-built backup appliance (PBBA) market. GDPR (General Data Protection Regulation) and other stringent data protection and security rules and regulations are pushing up demand for purpose-built backup appliances (PBBA).

Major players operating in the purpose-built backup appliance market are Dell Inc. (US), NetApp, Inc. (US), IBM Corporation (US), Oracle Corporation (US), Fujitsu Limited (Japan), Commvault Systems, Inc. (US), Veritas Technologies LLC (US), Hewlett Packard Enterprise Company (US), Quantum Corporation (US), Barracuda Networks, Inc. (US), Hitachi Vantara Corporation (US), and Arcserve LLC (US) among others.

Purpose Built Backup Appliance Market- Segmentation

By Component:

• Hardware
• Software

By System:

• Mainframe
• Open

By Enterprise:

• Large Enterprise
• Small and Mid-level Enterprise

By Vertical:

• Telecom & IT
• BFSI
• Manufacturing
• Retail
• Healthcare
• Media & Entertainment
• Government
• Others (Travel & Hospitality, Power & Utility)

By region:

North America

• United States
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

The report covers the following objectives:

• Proliferation and maturation of trade in the Purpose-Built Backup Appliance Market.
• The market share of the Purpose-Built Backup Appliance 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 Purpose-Built Backup Appliance Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Purpose-Built Backup Appliance Market.

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

Key Questions Answered by Purpose Built Backup Appliance Market Report

• What was the Purpose-Built Backup Appliance Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Purpose-Built Backup Appliance Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Purpose-Built Backup Appliance Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.