Cloud Backup Market
                     Cloud Backup Market
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND 
OPPORTUNITY ANALYSIS, 2018-2026
REPORT DESCRIPTION
Cloud Backup Market  – Overview
Cloud backup, also known as online backup or remote backup, is an alternative to conventional backup. It 
offers several facilities such as creating, editing, managing, and restoring the data backup. Increasing 
volume of data is the major factor leading to high demand for cloud backup. According to Coherent Market 
Insights’ analysis, the data sphere will reach up to 163 zettabytes, by 2025. Increasing adoption of 
software-as-a-service and various advantages of cloud backup such as easy installation, cost-effectiveness, 
performance, scalability, and flexibility have also accelerated growth of the market.
REPORT DESCRIPTION
Cloud Backup Market  – Dynamics
Increasing volume of data is one of the major drivers for growth of the cloud backup market. According to 
Coherent Market Insights, in 2016, 16.1 zettabyte of data was generated, globally. Moreover, adoption of 
Internet of Things is increasing the volume of data generated through connected devices. According to 
Coherent Market Insights, in 2016, the number of connected device was around 6.4 billion, globally. Data 
from these devices needs to be stored and requires huge storage space. This factor is expected to fuel 
demand for cloud backup. Rising adoption of Software-as-a-Service platform (SaaS), increasing 
digitalization, and growing use of cloud technology by small and medium enterprises is also expected to 
accelerate growth of the cloud backup market.  
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REPORT DESCRIPTION
Cloud Backup Market  – Key Players
• Microsoft Corporation
• Oracle Corporation
• IBM Corporation
• Amazon Web Services.
• EMC Corporation
• Google Inc.
• VMware Inc.
• Dropbox, Inc.
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