Purpose Built Backup Appliance Market Share, Growth Factors, Key Players Analysis, Sales Revenue | PBBA Market Size, Global Trends, Opportunities, Segmentation and Regional Forecast 2023

Purpose Built Backup Appliance Market Share, Growth Factors, Key Players Analysis, Sales Revenue | PBBA Market Size, Global Trends, Opportunities, Segmentation and Regional Forecast 2023

Market Research Future
Market Research Future published a research report on “Purpose-Built Backup Appliance (PBBA) Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

The study reveals that is trending in North America region. The HybriStor is a next generation data protection solution with PBBA capabilities that meets the data recovery requirements of businesses. These solution are recovery point objective, rapid recovery time objectives and ease-of-use to the next level, delivering an industry-leading secondary storage solution. The purpose-built backup appliance provides the explosive data growth solutions which has opened windows for many organizations. These archive windows offer improved recovery times, up to 95% reduced storage data transmission and consumption by duplicating, reduced storage consumption, compressing data before storing to disk and others. These HybriStor appliances are connected to the direct-attached storage for providing unprecedented recovery point objectives (RPO) and rapid recovery time objectives (RTO) performance.

In North America region, the Purpose-Built Backup Appliance Market demand is growing as PBBA solutions are designed with maximum capacity for the optimizing the data de-duplication that enables customers to manage their ever-growing volumes of backup data. These appliances provides a NAS interface, reduces WAN consumption, secure transmission of data, instant data recovery, Moreover, these backup appliance solutions that are deployed in a gateway configuration connected to store backup data on general-purpose storage. This results is high performance, low memory demands, and massive improvements in storage efficiency.

The global purpose-built backup appliance market is growing rapidly over ~15% of CAGR and is expected to reach at USD ~ 10 Billion by the end of forecast period.

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Industry Update

February 2019: Acronis’ SDI appliance is a purpose-built backup appliance that is intended to be a storage target for its Backup and Backup Cloud offerings. It combines hyper-converged infrastructure (HCI) and cyber protection.

Key Players

The prominent players in the global Purpose-Built Backup Appliance Market are – Dell Inc. (U.S.), Oracle Corporation (U.S.), Axcient Inc. (U.S.), Barracuda Network Inc. (U.S.), Arcserve LLC (U.S.), International Business Machines Corporation (U.S.), Hitachi Data Systems Corporation (U.S.), EMC Corporation (U.S.), Commvault Systems Inc. (U.S.), Quantum Corporation (U.S.), Hewlett Packard Enterprise Company  (U.S.) among others.

Market Segmentation

The global purpose-built backup appliance market is studied for several segments based on products, components, end-users, and region. Based on products, the global purpose-built backup appliance market is segmented into open systems, target system, integrated system, and mainframe systems. Based on components, the purpose-built backup appliance market is segmented into software services and hardware. Based on end-users, the global purpose-built backup appliance market is segmented into government & defense, retail, IT & telecommunications, and healthcare.

Detailed Regional Analysis

The global purpose-built backup appliance market is segmented into the regional segments of North America, Europe, Asia Pacific, and Rest of the World. The global purpose-built backup appliance market, among these regional segments, is spearheaded by North America. This can be owed to the deduplication with an average of 55:1 deduplication rate for data residing on both, premise and cloud.

On the other hand, the purpose-built backup appliance market in Europe is expected to exhibit rapid growth through the forecast period. This is due to the introduction of rules and regulations by the government in regard to data protection and data security, which are fostering the growth of the purpose-built backup appliance market.

Asia Pacific is anticipated to register the fastest rate of growth among all regional segments during the forecast period. This can be owed to the increasing awareness of data protection and recovery among enterprises residing in the region. China, Japan, and India are expected to emerge as major growth pockets in the purpose-built backup appliance market of Asia Pacific.

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Table of Contents

LIST OF TABLES

Table 1 Purpose-Built Backup Appliance Market, By Products

Table 2 Purpose-Built Backup Appliance Market, By Components

Table 3 Purpose-Built Backup Appliance Market, By End Users

Table 4 Purpose-Built Backup Appliance Market, By Regions

Continued…

LIST OF FIGURES

Figure 1 Research Methodology

Figure 2 Purpose-Built Backup Appliance Market: By Products (%)

Figure 3 Purpose-Built Backup Appliance Market: By Components (%)

Figure 4 Purpose-Built Backup Appliance Market: By End Users (%)

Continued…

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