China Data Backup and Recovery Market Size, Share & Trends Analysis Report by Deployment Type (On-Premises and Cloud-Based) and by Application (Media Storage, Email Storage, and Application Storage) and Forecast, 2019-2025. China data backup and recovery market is estimated to grow considerably at a CAGR of 10.3% during the forecast period.
China data backup and recovery market is estimated to grow considerably at a CAGR of 10.3% during the forecast period. China is one of the leading countries in Asia-Pacific that contributes to the growth of the data backup and recovery market.
The factors that are augmenting the market growth include the availability of a large amount of enterprises data coupled with the rising concern regarding data security and recovery in large and small enterprises. By the rapid development of cloud computing, internet, mobile Internet, and big data applications, the pace of building a global data center is accelerating.
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The other factors that are contributing to the growth of the market include increasing internet penetration in China. As per the Government of China, more than 800 million people were using the internet in 2018, as compared to 688 million in 2015.
These numbers are further expected to grow during the forecast period, due to the supportive government initiative such as The Broadband China Project, which focuses on providing access to high-speed broadband networks to 95% of the country’s urban population. Moreover, the rapid adoption of cloud-based services in the country is also estimated to drive the growth cloud data backup and recovery solution in the market.
The government views cloud computing as a strategic priority and included it in the nation’s 12th Five-Year Plan.
The market is segmented on the basis of deployment and application. Based on deployment, the market is further classified into on-premises and cloud-based.
Among these, cloud-based data backup and recovery is estimated to witness significant growth during the forecast period. As, the cloud-based data backup and recovery platform offer flexibility, cost-effectiveness, easy accessibility, better efficiency, reliability, and ease of use.
As a result, the enterprises are shifting towards cloud platforms to manage, store and recover data. Based on application, the market is further classified into media storage, email storage, and application storage.
Media storage held a significant share in the market in 2018 owing to a large amount of media storage data coupled with the emerging adoption of mobile devices, such as smartphones and tablets.
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China Data Backup and Recovery Market Segmentation
By Deployment Type
- Media Storage
- E-mail Storage
- Application Storage
- Amazon Web Services, Inc.
- Aster Global Solutions Pvt. Ltd.
- Broadcom Inc.
- Dell, Inc.
- Hewlett Packard Enterprise Co.
- IBM Corp.
- Microsoft Corp.
- NetApp Inc.
- Oracle Corp.
- Stellar Information Technology Pvt. Ltd.
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