The purpose-built backup appliance market is expected to reach USD 8.6 billion by 2027 from USD 5.2 billion in 2019, at a CAGR of 10%.
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.
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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)
Purpose-built backup appliance market, by Component:
- Hardware
- Software
Purpose-built backup appliance market, by System:
- Mainframe
- Open
Purpose-built backup appliance market, by Enterprise:
- Large Enterprise
- Small and Mid-level Enterprise
A full report of Global Purpose Built Backup Appliance Market is available at: https://www.orionmarketreports.com/purpose-built-backup-appliance-market/5821/
Scope of the Report
The research study analyzes the global Purpose Built Backup Appliance 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 Purpose Built Backup Appliance Market Report
1. What was the Purpose Built Backup Appliance Market size in 2018 and 2019; 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)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Purpose Built Backup Appliance Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.For more customized data, request for report customization @ https://www.orionmarketreports.com/inquiry-before-buying/?id=5821
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