The new report by Expert Market Research titled, ‘Global Purpose-Built Backup Appliance (PBBA) Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global purpose-built backup appliance (PBBA) market, assessing the market based on its segments like components, enterprise, system, industry vertical, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 5.3 Billion
- Forecast CAGR (2021-2026): 9.8%
- Forecast Market Size (2026): USD 9.4 Billion
Industry Definition and Major Segments
Purpose-built backup appliance (PBBA) is a disk-based solution that improves backup procedures by reducing backup and recovery windows across numerous applications and operating systems.
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The components of the product can be divided into:
Based on enterprise, the industry can be divided into:
- Small and Mid-level Enterprises
- Large Enterprise
The system of the product can be divided into:
- Mainframe Systems
- Open Systems
The industry vertical can be categorised into:
- BFSI
- Telecom and IT
- Government
- Healthcare
- Education
- Manufacturing
- Travel and Hospitality
- Energy and Utility
- Others
The EMR report looks into the regional markets of the purpose-built backup appliance (PBBA) like:
- North America
- Latin America
- Europe
- Middle East and Africa
- Asia Pacific
Market Trends
Continuous advancements in backup methodologies, a shift to cloud storage, and the massive information boom are driving the global purpose-built backup application (PBBA) sector. The industry is also encouraged by businesses’ increasing focus on data security and recovery. Because of the increased demand for data storage from businesses, North America is the dominant market. Because of government rules and regulations involving data protection and data security, such as the General Data Protection Regulation, Europe is expected to expand at a quicker rate. The Asia Pacific area, on the other hand, is expected to be the leading market due to increased organisational awareness of data security, backup, and recovery.
Key Market Players
The major players in the market are Dell Inc., Hewlett Packard Enterprise Development LP, IBM Corporation, Oracle Corporation, Hitachi Vantara Corporation, and Veritas Technologies. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
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