Server Backup Software Market Statistics, Trends, and Key Players by 2031

The server backup software market is expected to register a CAGR of 7.9% during 2023–2031. AI-driven solutions and regulatory compliance are likely to remain key trends in the market.

Server Backup Software Market Analysis

• The server backup software market is witnessing a huge demand from numerous sectors, including the media and entertainment and banking, financial services and insurance (BFSI) owing to the increasing volumes of data and growing need for data protection.
• The rapid growth of the market can be majorly attributed to the focus of business organizations on cybersecurity and data compliance with government regulations and policies. The reason behind the rapid growth of the market is the cost efficiency associated with the usage of cloud-based backup solutions, which are expected to replace traditional backup solutions over the forecast time period.
• North America is well-positioned to generate a higher share of the global market for server backup software owing to the huge presence of Fortune 500 companies in this region. Asia Pacific is also expected to contribute to the growth of the market for the services due to the rapid adoption of newer backup technologies by businesses in this region.

Server Backup Software Market Overview

• Backup software for servers represents an exciting market, driven by the growing volumes of data and a corresponding need for more secure data protection.
• Because of the modern needs of businesses, both large and small, it is also projected that vendors in this rapidly growing market will begin to offer more integrated solutions that combine backup with disaster recovery and cybersecurity features.

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Server Backup Software Market: Strategic Insights

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Server Backup Software Market Drivers and Opportunities

Increasing Data Volume to Favor the Market

• Increasing data volume is a crucial factor propelling the growth of the server backup software market. The growing popularity of mobile devices and the use of a wide array of digital services is leading to the generation of a large amount of unstructured data, such as images, videos and documents, which makes data backup and recovery a necessary process.
• Additionally, companies are setting up systems and functions to protect the integrity and availability of this data, leading to an increased number of investments in backup software.
• Thus, the increasing data volume is one of the key factors responsible for driving the market steadily.

Technological Advancements

• The emergence of new technological innovations is also having a profound impact on the development of the server backup software marketplace. Nowadays, more of these products offer new features thanks to technological advancements.
• It is not only about storing the data; now, you can use your data even when the server is down, which leads us to the integration of backup with the current workflow designing and development, for example. Companies can use this present mode to design and implement a new company policy directed to Prevention and Disaster Recovery (DR).
• The impact of these trends is going to impact the demand for new backup systems the market will continue to grow.

Server Backup Software Market Report Segmentation Analysis

Key segments that contributed to the derivation of the server backup software market analysis are deployment type and enterprise size.

• Based on deployment type, the server backup software market is divided into (cloud and on-premises.
• Based on the enterprise size, the server backup software market is divided into small and medium-sized enterprises and large enterprises.

Server Backup Software Market Share Analysis by Geography

• Server Backup Software Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
• Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering Server Backup Software market dynamics, such as drivers, trends, and opportunities that are impacting the markets at the regional level.
• Also, the report covers PEST analysis, which involves the study of major factors that influence the Server Backup Software market in these regions.

Server Backup Software Market Regional Insights

The regional trends and factors influencing the Server Backup Software Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Server Backup Software Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Server Backup Software Market Report Scope

Server Backup Software Market Players Density: Understanding Its Impact on Business Dynamics

The Server Backup Software Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Server Backup Software Market are:

1. Acronis International GmbH
2. Altaro Software
3. Cohesity, Inc.
4. Druva Inc.
5. MSP360
6. NAKIVO, Inc.

Disclaimer: The companies listed above are not ranked in any particular order.

Server Backup Software Market News and Recent Developments

The server backup software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the server backup software market are listed below:

• Acronis, a global leader in cybersecurity and data protection, has appointed Andrea Martin as its Strategic Account Executive for New Zealand & Pacific Islands. As a channel management veteran, Martin will help grow Acronis’ presence in the region. She will be responsible for strengthening relationships with distributors and supporting partners to meet the cybersecurity demands of MSPs and IT teams for modern businesses in this region. (Source: Acronis, Press Release, August 2024)

Server Backup Software Market Report Coverage and Deliverables

The “Server Backup Software Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Server backup software market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Server backup software market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Server backup software market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the server backup software market
• Detailed company profiles