Virtual machine backup is the process of copying data present on a virtual machine in a virtual environment to prevent its loss. Virtual machine backup or virtual server backup and recovery is an important task performed by storage and backup administrators. Critical data is increasing in huge volumes all across the globe. It is important to protect this data from external threats and attacks; this increasing need is a factor driving the market growth. However, the high competition from open-source alternatives is a restraint for the market.
Virtual Machine Backup and Recovery Market contains market size and forecasts of Virtual Machine Backup and Recovery in Global, including the following market information:
- Global Virtual Machine Backup and Recovery Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global top five companies in 2021 (%)
The global Virtual Machine Backup and Recovery market was valued at 1418.1 million in 2021 and is projected to reach US$ 1880.6 million by 2028, at a CAGR of 4.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Agent Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Virtual Machine Backup and Recovery include Veeam Software (Switzerland), Veritas Technologies LLC (US), VMware (US), Microsoft Corporation (US), Commvault Systems Inc (US), Acronis International GmbH (Switzerland), IBM Corporation (US), Vembu Technologies (India) and Rackspace Inc. (US), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Virtual Machine Backup and Recovery companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Virtual Machine Backup and Recovery Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Virtual Machine Backup and Recovery Market Segment Percentages, by Type, 2021 (%)
Global Virtual Machine Backup and Recovery Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Virtual Machine Backup and Recovery Market Segment Percentages, by Application, 2021 (%)
- Medical Insurance
- BFSI
- IT and Telecommunications
- Media and Entertainment
- Other
Global Virtual Machine Backup and Recovery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Virtual Machine Backup and Recovery Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Virtual Machine Backup and Recovery revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Virtual Machine Backup and Recovery revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Veeam Software (Switzerland)
- Veritas Technologies LLC (US)
- VMware (US)
- Microsoft Corporation (US)
- Commvault Systems Inc (US)
- Acronis International GmbH (Switzerland)
- IBM Corporation (US)
- Vembu Technologies (India)
- Rackspace Inc. (US)
- Quest Software Inc. (US)
- MSP 360 (US)
- Micro Focus (UK)
- Storix (US)
- Cisco System (US)
- NetJapan Inc. (Japan)
Industry Market Size
