Cloud Backup Market 2025: In-Depth Analysis of Size, Share & Forecast

30 Apr, 2025

The Cloud Backup Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.

What are the Historical Growth Trends in the Cloud Backup Market?

The historical growth trend in the Cloud Backup Global Market Report 2025 market indicates a substantial increase in market size from $5.95 billion in 2024 to $7.54 billion in 2025, with a compound annual growth rate (CAGR) of 26.8%.

What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Cloud Backup Industry?

By 2029, the cloud backup market is projected to expand to $19.27 billion with a compound annual growth rate (CAGR) of 26.4%.

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What are the Key Growth Drivers Fueling the Cloud Backup Market?

The key drivers in the cloud backup market are:

• Increased use of remote work and hybrid environments
• Surge in cyberattacks and ransomware threats
• Growing reliance on cloud-based applications
• Advancements in artificial intelligence and machine learning for backup optimization.

Global Market Segmentation: Identifying Major Cloud Backup Industry Segments

The cloud backup market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Solution: Primary Storage, Disaster Recovery, Backup Storage
3) By Deployment: Public Cloud, Private Cloud, Hybrid Cloud
4) By End-User Industry: Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecom, Media And Entertainment, Retail, Healthcare, Other End-User Industries Subsegments:
1) By Solutions: Cloud Storage Backup, Disaster Recovery Backup, Hybrid Cloud Backup, Data Archiving
2) By Services: Managed Backup Services, Professional Services, Support And Maintenance Services, Consulting Services

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What are the emerging Trends Shaping the Future of the Cloud Backup Market?

The key trends in the cloud backup market are:

• One trend is the integration of AI and machine learning for automated backup processes.
• The use of blockchain technology for improved data security and integrity is an emerging trend.
• A shift towards serverless backup architectures is gaining momentum.
• The adoption of edge computing for quicker and localized backup solutions is a forthcoming trend.

Who Are the Top Competitors & Leading Players in the Cloud Backup Market?

Major players in the cloud backup market are:

• Google Inc.
• Microsoft Corporation
• Dell Technologies Inc.
• International Business Machines Corporation
• Oracle Corporation
• Asigra Inc.
• Amazon Web Services Inc.
• Iron Mountain Incorporated
• Open Text Corporation
• Dropbox Inc.
• Veritas Technologies
• Veeam Software GmbH
• Rubrik Inc
• CommVault Systems Inc
• Barracuda Networks Inc.
• Cohesity Inc.
• Acronis International GmbH
• Datto Inc.
• Druva Software
• Arcserve LLC
• Backblaze Inc.
• Carbonite Inc.
• IDrive Inc.
• CrashPlan

Regional Dominance: Which Area Leads the Global Template Market?

North America was the largest region in the cloud backup market in 2024