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Data Backup and Recovery revenue is expected to grow by 10.3 percent from 2024 to 2030

(IT-NEWSWIRE.COM, July 30, 2024 ) As per Maximize Market research, Data Backup and Recovery Market size was valued at USD 12.90 Bn. in 2023 and the total Data Backup and Recovery revenue is expected to grow by 10.3 percent from 2024 to 2030, reaching nearly USD 25.63 Bn



Backup and recovery refer to the act of producing and keeping data copies that may be used to safeguard businesses from data loss. report also helps in understanding the Data Backup and Recovery market dynamics, and structure by analyzing the market segments and projecting the Data Backup and Recovery market size



Request Sample Copy of this Report : https://www.maximizemarketresearch.com/request-sample/875/



Data backup and recovery market is driven by the need to safeguard critical business information, with a focus on security to mitigate data loss risks. However challenges include the limitations of cloud backup technology, such as dependency on internet connectivity and potential bandwidth issues



North America is estimated to lead the Data Backup and Recovery Market. North American corporations use data recovery software widely across their varied operations Because financial organizations, such as banks, rely on electronic data regularly, a thorough disaster recovery plan is required to assist them to safeguard critical information and return to normal operations.



Request Sample Copy of this Report : https://www.maximizemarketresearch.com/request-sample/875/



Cider Market Segmentation:



by Component



Software

Services



by Service



Professional Services

Managed Services



by Vertical



BFSI

IT and Telecommunications

Retail

Government and Public Sector

Healthcare

Media and Entertainment

Manufacturing

Others



Request Sample Copy of this Report : https://www.maximizemarketresearch.com/request-sample/875/



Cider Market Key Players:



NetApp, Inc.

Rackspace, Inc.

Veritas Technologies LLC

CommVault Systems Inc.

Acronis International GmbH

Carbonite Inc.

Actifio

Unitrends

Asigra

Redstor Limited



Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:



Global Climate Data Analysis Market size was valued at USD 860 Mn in 2023 and is expected to reach USD 5990 Mn by 2030, at a CAGR of 32%.



Virtual Machine Backup and Recovery Market is expected to reach US $ 2.90 Bn by 2029, at a CAGR of 7.1% during the forecast period.



About Maximize Market Research



Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.

MAXIMIZE MARKET RESEARCH PVT. LTD.

L Godage

09607365656

akash.r@maximizemarketresearch.com

Source: EmailWire.Com

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