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New report examines the cloud backup markets: market

IT Market Research

Worldwide Cloud Backup has many applications: IoT, the Internet of things is the largest.

Worldwide markets are poised to achieve continuing growth as Cloud Backup markets respond to the advantages brought by mega data centers for cloud computing. The quality and the customization of mega data centers are significant market growth drivers.

Automation of process is a key efficiency tool.

Self-driving cars, drones, robots, artificial intelligence, and data center core storage.

Cloud-backup markets get really, really big by 2024, $190.5 billion. The reason is that all computing moves to the cloud and all smart devices and IoT store data in the cloud.

Augmented reality, self-driving cars, robots, drones all generate significant amounts of data from small smart devices and processors inside things. That data gets stored in the cloud.

This data is manipulated with analytics and accessed as information from many different sources.


With 2 trillion IoT processors and devices anticipated to be in place by 2024, there is a lot of data generated on a daily basis. While not all of it is stored or backed up, a lot of the data needs to be used again in analytics, hence the growth of cloud storage markets.

Once the data is stored, it can be accessed again and used, which is a back-up function.

Worldwide, the Cloud Backup market at $21.7 billion market in 2017, is expected to reach $190.5 billion by 2024. Growth is a result of the implementation of the digital economy.

Geographically, this report is split into the US, Europe, Asia, the Middle East and Africa.

Key Topics

  • Cloud Backup Markets
  • Cloud Virtual Machine
  • Platform Stack-Services
  • Mega Data Centers
  • Cloud CSP
  • Cloud MSP
  • Cloud Telco
  • High-Performance Switches
  • Software Defined Data Center
  • Customer Base Storage
  • Private Cloud
  • Public Cloud
  • Hybrid Cloud
  • Social Media
  • Always on Data Centers
  • Robust, Quality Cloud Computing
  • Networking Performance
  • Scalable Infrastructure
  • Data Management Component
  • Microservices
  • Virtual Machines
  • Hypervisor
  • Open Compute

Browse Full Research Report with Table of Content at…wide-2018-to-2024

Some points from TOC:-

    1.1 Cloud Back-up 17
    1.2 High-Performance Switches Implement Software Defined Data Center 19
    2.1 Cloud Back-up Market Driving Forces 20
    2.1.1 Value of Cloud Back-Up Companies Is the Customer Base That Can be Converted to Cloud 22
    2.2 Cloud Back-up Market Shares 22
    2.3 Cloud Back-up Market Forecasts 27
    2.3.1 Cloud Back-up Market Segments Analysis CSP, MSP, and Telco, 2012-2017 31
    2.4 Cloud Back-up Pricing 34
    2.5 Cloud Back-up and Storage for Private, Public, and Hybrid Market Sectors 36
    2.5.1 Private Cloud 40
    2.5.2 Public Cloud 41
    2.5.3 Hybrid Cloud 41
    2.5.4 Social Media Always on Data Centers 41
    2.6 Cloud Back-up Regional Market Segments 42
    3.1 Amazon 47
    3.1.1 Amazon Business 47
    3.1.2 Amazon Competition 47
    3.1.3 Amazon Description 48
    3.1.4 Amazon Fault Tolerance and Redundancy Solutions 53
    3.2 Goldman Sachs Open Compute Project 53
    3.3 Robust, Quality Cloud Computing 55
    3.4 Networking Performance 61
    3.4.1 Scalable Infrastructure Data Management Component Application Segments 63
    3.4.2 Internet Has Grown by a Factor of 100 Over The Past 10 Years 65
    3.4.3 Realigning Data Center Cost Structures 66
    3.4.4 IT Relies On Replacing Virtual Machine: VM Virtualization 67




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