Purpose-Built Backup Appliance (PBBA)

Purpose-Built Backup Appliance (PBBA)

Global Purpose-Built Backup Appliance (PBBA) Market to Reach $12.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Purpose-Built Backup Appliance (PBBA) estimated at US$6.9 Billion in the year 2020, is projected to reach a revised size of US$12.6 Billion by 2027, growing at aCAGR of 9.1% over the period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record 9.9% CAGR and reach US$7.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 12.7% CAGR

The Purpose-Built Backup Appliance (PBBA) market in the U.S. is estimated at US$1.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.7 Billion by the year 2027 trailing a CAGR of 12.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 7.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.8% CAGR.

Select Competitors (Total 38 Featured) -

• Arcserve LLC
• Asigra Inc.
• Barracuda Networks Inc.
• CommVault Systems Inc.
• Dell EMC
• eFolder Inc.
• ExaGrid Systems Inc.
• FalconStor Software Inc.
• Fujitsu Limited
• Hewlett Packard Enterprise Company
• Hitachi Vantara Corporation
• IBM Corp.
• NetApp Inc.
• Oracle Corporation
• Quantum Corporation
• STORServer Inc.
• Unitrends Inc.
• Veeam Software
• Vembu Technologies Inc.
• Veritas Technologies LLC

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