The purpose-built backup appliance provides the better solution for the protection storage, protection software, easy-to-deploy, pre-configured appliance, encryption, fault detection, healing and others.
Market Research Future published a research report on “Purpose-Built Backup Appliance Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Synopsis of Purpose-Built Backup Appliance Market
The limitation of these appliances are its expansive coverage for physical and virtual workloads, including support for a wide application ecosystem and multiple hypervisors.
These coverage are extended to the cloud along with native cloud-tiering and that can be used for long-term retention to private or public cloud.
It also offers data duplication that enables more efficient data protection.
The companies such as Dell EMC (U.S.), Oracle Corporation (U.S.), Axcient Inc. (U.S.), Barracuda Network Inc. (U.S.), International Business Machines Corporation (U.S.), are the leading providers of purpose-built backup appliance solution in the market.
In June, 2017, Dell EMC has launched integrated data protection appliance and expands cloud data protection portfolio. It enables the customer to ensure data is secure, backed up and protected against disasters and outages and providing a new data backup and protection solutions.
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The global purpose-built backup appliance market is bifurcated on the basis of products, components, end users and region. The products are segmented into open systems, mainframe systems and others.
The components are segmented into hardware, software, services and others. The end users are segmented retail, government & defense, IT & telecommunications, healthcare and others.
The region includes North America, Europe, Asia Pacific and rest of the world.
The regional analysis of purpose-built backup appliance market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share in purpose-built backup appliance market as it provides deduplication with the average of 55:1 deduplication rate for data residing both on premise and in the cloud.
The purpose-built backup appliance market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for purpose-built backup appliance market and expected to be the highest CAGR in the coming years.
The global purpose-built backup appliance market is expected to grow at USD ~10 Billion by 2023, at ~15% of CAGR between 2017 and 2023.
The prominent players in the global purpose-built backup appliance market are – Dell EMC (U.S.), Oracle Corporation (U.S.), Axcient Inc. (U.S.), Barracuda Network Inc. (U.S.), Arcserve LLC (U.S.), International Business Machines Corporation (U.S.), Hitachi Data Systems Corporation (U.S.), Commvault Systems Inc.
(U.S.), Quantum Corporation (U.S.), Hewlett Packard Enterprise Company (U.S.) among others.
The global purpose-built backup appliance market has been segmented on the basis of product, components, end users and region.
Global Purpose-built backup appliance Market By Products:
- Open Systems
- Integrated System
- Target System
- Mainframe Systems
Global Purpose-built backup appliance Market By Components:
Global Purpose-built backup appliance Market By End Users:
- Government & Defense
- IT & Telecommunication
Global Purpose-built backup appliance Market By Regions:
- North America
- Rest Of The World
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- Purpose-built backup appliance manufacturing companies
- Original equipment manufacturers
- Purpose-built backup appliance providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
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