Global Purpose-built Backup Appliance (PBBA) Market (2021-2026) by Components, Enterprise, System, Industry Vertical, and Geogpraphy, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
Introduction
The Global Purpose-built Backup Appliance Market is estimated to be USD 5.6 Bn in 2021 and is expected to reach USD 9.54 Bn by 2026, growing at a CAGR of 11.25 %.
Market Dynamics
A purpose-built backup appliance (PBBA) is a standalone disk-based storage device designed and configured for backup data storage. Such devices can either be targets for incoming data from a backup program or have tightly integrated backup software into their hardware - in which case they are referred to as an integrated backup appliance. PBBAs, primarily backup data storage devices, usually contain deduplication, encryption, compression, redundant hardware components, and automatic setup and maintenance.
COVID-19 has been one of the primary drivers of development (surprise). The European Union countries are the primary growth drivers in the purpose-built backup appliance (PBBA) industry. These countries' governments and companies aim to ensure that their data is freely accessible. They also want to ensure that it is easily accessible. These businesses also want their remote workers to handle this data and information better. The increased demand for these appliances from the European Union has prompted manufacturers to invest substantially in R&D. The goal is to create a new generation of devices that are easy to control and use while also being considerably more efficient at what they do.
These appliances, however, cannot provide better coverage for physical or virtual workloads. That's why there is slow growth in the PBBA market.
Market Segmentation
The Global Purpose-built Backup Appliance (PBBA) Market is segmented further based on Components, Enterprise, System, Industry Vertical, and Geogpraphy.
By Component, the market is classified into Software & Hardware.
By Enterprise, the market is classified into Small and mid-level and Large Enterprises.
By System, the market is classified into Mainframe Systems and Open Systems.
By Industry Vertical, the market is classified into BFSI, Telecom and IT, Government, Healthcare, Education, Manufacturing, Travel and Hospitality, Energy & utility, and Open Systems.
By Geography, America is projected to lead the market.
Recent Developments
1. Arcserve completes merger with StorageCraft, brings value to partners and customers– 26th Mar 2020
2. Barracuda completes acquisition of SKOUT Cybersecurity–13th Jul 2021
Company Profiles
Some of the companies covered in this report are Arcserve, Asigra, Barracuda Networks, Dell EMC, Fujitsu, Netapp, Rubrik, Unitrends, Veritas Technologies, etc.
Countries Studied
America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global Purpose-built Backup Appliance (PBBA) Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence's Proprietary competitive positioning tool.
Report Highlights:
A complete analysis of the market, including parent industry
Important market dynamics and trends
Market segmentation
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
Companies Mentioned
Arcserve
Asigra
Axcient
Barracuda Networks
Cohesity
CommVault Systems
Dell EMC
eFolder
ExaGrid Systems
FalconStor Software
Fujitsu
Hewlett Packard Enterprise
Hitachi Vantara
IBM
Netapp
Oracle
Quantum
Rubrik
STORServer
Unitrends
Veeam Software
Vembu Technologies
Veritas Technologies
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