Global Cloud Backup and Recovery Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Solution and Service.

By Deployment Model;

Public cloud, Private cloud and Hybrid cloud.

By Organization Size;

Large enterprises and Small & Medium-sized Enterprises.

By End-User;

ICT , Manufacturing , BFSI , Healthcare and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn395390748 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Cloud Backup and Recovery Market (USD Million), 2021 - 2031

In the year 2024, the Global Cloud Backup and Recovery Market was valued at USD 12,449.01 million. The size of this market is expected to increase to USD 30,770.21 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.8%.

The global cloud backup and recovery market is experiencing robust growth, driven by the escalating volume of data generated by businesses and the imperative to safeguard this data against loss or corruption. Cloud backup and recovery solutions offer organizations a secure and scalable means to store and retrieve data remotely, leveraging the flexibility and accessibility of cloud computing infrastructure. As enterprises face mounting pressure to ensure business continuity, comply with data protection regulations, and mitigate the risks of data breaches or disasters, cloud-based backup and recovery solutions have emerged as a critical component of their IT strategies.

One of the primary drivers of the global cloud backup and recovery market is the exponential growth of data generated across industries. With the proliferation of digital technologies, IoT devices, and online transactions, businesses are inundated with vast amounts of data that require reliable backup and recovery mechanisms. Cloud-based solutions provide organizations with the agility and scalability needed to accommodate this data growth, enabling them to store, manage, and recover data efficiently and cost-effectively. Moreover, cloud backup eliminates the need for physical storage infrastructure, reducing capital expenditure and operational overhead associated with traditional backup methods.

The increasing frequency and sophistication of cyber threats, natural disasters, and human errors underscore the importance of robust backup and recovery strategies. Cloud-based backup solutions offer built-in redundancy, encryption, and data replication features, enhancing data resilience and protection against data loss or unauthorized access. In the event of a disaster or security incident, organizations can quickly restore data from cloud backups, minimizing downtime and ensuring business continuity. Additionally, cloud backup solutions enable automated backup schedules, versioning, and retention policies, simplifying data management and compliance with regulatory requirements.

The adoption of cloud backup and recovery solutions, as remote work and digital collaboration become the new norm. With employees accessing corporate data from diverse locations and devices, organizations are increasingly reliant on cloud-based backup solutions to safeguard critical business data and maintain productivity. Cloud backup also facilitates remote data access and recovery, enabling IT teams to address data loss or corruption issues efficiently, regardless of their physical location.

In conclusion, the global cloud backup and recovery market is witnessing significant growth driven by the escalating volume of data, the need for data protection and compliance, and the shift towards remote work and digital collaboration. As organizations prioritize resilience and data security in an increasingly digitized world, the demand for cloud-based backup and recovery solutions is expected to continue rising, presenting significant opportunities for vendors to innovate and expand their offerings to meet the evolving needs of businesses across industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Deployment Model
    3. Market Snapshot, By Organization Size
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Global Cloud Backup and Recovery Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Hybrid cloud adoption

        2. Digital transformation

        3. Compliance requirements

        4. Data loss prevention

      2. Restraints
        1. Data privacy regulations

        2. Compliance challenges

        3. Bandwidth limitations

        4. Data sovereignty issues

      3. Opportunities
        1. Data security enhancements

        2. Disaster recovery as a service

        3. Ransomware protection

        4. Multi-cloud backup solutions

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Cloud Backup and Recovery Market, By Component, 2021 - 2031 (USD Million)
      1. Solution
      2. Service
    2. Global Cloud Backup and Recovery Market, By Deployment Model, 2021 - 2031 (USD Million)
      1. Public cloud
      2. Private cloud
      3. Hybrid cloud
    3. Global Cloud Backup and Recovery Market, By Organization Size, 2021 - 2031 (USD Million)
      1. Large enterprises
      2. Small & Medium-sized Enterprises
    4. Global Cloud Backup and Recovery Market, By End-User, 2021 - 2031 (USD Million)
      1. ICT
      2. Manufacturing
      3. BFSI
      4. Healthcare
      5. Others
    5. Global Cloud Backup and Recovery Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea ASEAN (Association of South East Asian Countries)
        6. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Accenture Plc
      2. Alphabet Inc.
      3. Amazon.com Inc.
      4. Asigra Inc.
      5. Dell Technologies Inc.
      6. Hewlett Packard Enterprise Co.
      7. International Business Machines Corp.
      8. Microsoft Corp.
      9. NetApp Inc.
      10. Oracle Corp.
  7. Analyst Views
  8. Future Outlook of the Market