backup market growing

Backup And Recovery Market Size

The global backup and recovery market size was valued at $15.48 billion in 2017 and is expected to grow at a CAGR of 12.8% over the forecast period. Rapid technological advancements, increasing adoption of cloud-based backup solutions and surging demand for data protection solutions are some of the major factors driving the market growth.

The backup and recovery market is segmented on the basis of solution, service, deployment mode, organization size, and region. The solution segment is further divided into …