Learn about the global Storage And Backup Software market through The Business Research Company, which provides information on storage and backup software market size, storage and backup software market drivers and restraints, storage and backup software market players, the COVID-19 impact on the storage and backup software market, and more.

The global storage and backup software market size is expected to grow from $16.09 billion in 2021 to $17.70 billion in 2022 at a compound annual growth rate (CAGR) of 10%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The storage and backup software market is expected to reach $23.97 billion in 2026 at a CAGR of 7.9%.

Growing volume of data and the awareness among organizations to backup and protect their data are expected to benefit the storage and backup software market in the forecast period.

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The storage and backup software market consists of sales of storage and backup software. The software provides users and programmers with a systematic way to create, retrieve, update and manage data. This software allows users to read, update and delete data, which can then be fetched directly and/or through programmatic access.

Global Storage And Backup Software Market Segments Include:
By Type: Storage Software, Backup Software
By End-User: Banking, Financial Services and Insurance (BFSI), Telecommunication, Consumer Goods and Retail, Media and Entertainment, Healthcare and Life Sciences, Government
By Deployment: Cloud, On-Premise
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

One of the latest trends in the storage and backup software market is the adoption of artificial intelligence (AI) based applications which can create, store and protect data. Artificial intelligence is an area of computer science which simulates human intelligence. AI based applications create information on their own and verify the source of information before composing bits of knowledge to a database. These applications can also refine database management policies, align data to database capabilities and assess metadata across organization storage infrastructure.

TBRC’s storage and backup software market report covers:

Major Market Players: Dell Inc, HPE, Netapp, Hitachi, IBM, Huawei, International Business Machines Corporation, Toshiba Corporation, Pure Storage Inc, Nutanix Inc, Micron Technology, Tintri, Inc, Cloudian, Inc, Quantum Corporation, Samsung Electronics, Fujitsu Ltd, VMware, Inc, Nexenta Systems, Netgear Inc, Inspur, Oracle, Acronis, Commvault, CA Technologies.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Storage And Backup Software Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides storage and backup software market overviews, analyzes and forecasts market size, share, storage and backup software market players, storage and backup software market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s storage and backup software market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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