What is Purpose-Built Backup Appliance?
Purpose Built Backup Appliances (PBBA) is designed to improve the backup process by decreasing backup and recovery windows across multiple applications and operating platforms. The PBBA has characteristics such as able to specifically store backup data sets in the format of the backup software, implementing high rates of data deduplication (usually 10:1 or more), and enabling highly efficient data replication has majorly increased their demand in large as well as small-medium enterprises. Moreover, PBBAs have become a cornerstone data protection technology for many organizations that are seeking to optimize and simplify backup and restore operation. The government rules and regulations about data protection and data security is expected to boost the market growth in forecast period.
The market study is broken down, by Application (Retail, Government & Defense, IT & Telecommunication, Healthcare and Others) and major geographies with country level break-up. According to AMA, the Global Purpose-Built Backup Appliance market is expected to see growth rate of 10.1%
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Dell Inc. (United States), NetApp, Inc. (United States), IBM Corporation (United States), Oracle Corporation (United States), Fujitsu Limited (Japan), Commvault Systems, Inc. (United States), Veritas Technologies LLC (United States), Hewlett Packard Enterprise Company (United States), Quantum Corporation (United States), Barracuda Networks, Inc. (United States) and Hitachi Vantara Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Veeam (Switzerland), Arcserve LLC (United States), Rubrik (United States), STORServer, Inc. (United States) and Cohesity (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Purpose-Built Backup Appliance market by Type, Application and Region.
On the basis of geography, the market of Purpose-Built Backup Appliance has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization Size, the sub-segment i.e. Large Enterprise will boost the Purpose-Built Backup Appliance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware will boost the Purpose-Built Backup Appliance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by System, the sub-segment i.e. Mainframe will boost the Purpose-Built Backup Appliance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In May 2019, Fujitsu entered into the partnership with Veeam Software to provide simplified backup and recovery for its customers. This collaboration was aimed to help enterprises to increase the availability of data and faster recovery of data in case of disasters or unplanned system downtime.
Market Trend
Market Drivers
- Increasing Focus on Data Protection and Recovery Infrastructure
- Stringent Rules and Regulations About Data Protection and Data Security
Opportunities
- Demand for Virtualized Purpose Built Backup Appliances
- Increasing Demand from Small and Medium-sized Enterprises
Restraints
- High Cost Associated With Storage and Backup Technology
Challenges
- Availability of Cost-Effective Substitutes
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Purpose-built Backup Appliance Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.