Global Infrastructure as a service (IaaS) Market

Cloud Service refers to a wide range of on-demand services offered to businesses and customers over the internet. These services are designed to provide easy and affordable access to applications and resources without needing internal infrastructure or hardware. It refers to the servers accessed over the internet and the software and databases on those servers. The main types of cloud services are software as a service (SaaS), platform as a service (PaaS), infrastructure as a service (IaaS) and business process as a service (BPaaS). Software as a service (SaaS) refers to providing complete applications over the Internet. It is also called web-based software, on-demand software, or hosted software. Establishments providing SaaS offer access to their software and hardware, managing access to the application, its security, availability, and performance. Users only need to think about the usage of the service provided and not about how the service is provided or maintained or how the underlying infrastructure is managed. The deployment method used include public cloud, private cloud, hybrid cloud and large enterprises, small and medium enterprises size organizations utilize them. The cloud services are mainly used for storage, backup, and disaster recovery, application development and testing, database management, business analytics, integration and orchestration, customer relationship management and others and used in industries including BFSI, media and entertainment, IT and telecommunications, energy and utilities, government and public sector, retail and consumer goods, manufacturing and others. The cloud services market research report is one of a series of new reports from The Business Research Company that provides cloud services market statistics, including cloud services industry global market size, regional shares, competitors with a cloud services market share, detailed cloud services market segments, market trends and opportunities, and any further data you may need to thrive in the cloud services industry. This cloud services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global cloud services market grew from $446.1 billion in 2022 to $489.77 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cloud services market is expected to grow to $698.01 billion in 2027 at a CAGR of 9.3%. The impact of COVID-19 (COVID-19) is expected to drive the cloud services market in the forecast period as the increasing number of people are working from home due to lockdowns imposed by governments globally that restrict the gathering of people in public places. Steps by national governments to contain the transmission have resulted in people working from home by accessing work-related systems and applications through the cloud. For instance, cloud spending rose 37% to $29 billion during the first quarter of 2020. This trend is likely to persist, as the exodus to virtual work underscores the urgency for scalable, secure, reliable, cost-effective off-premises technology services. In fact, despite the inevitable economic downturn in the wake of the pandemic, cloud spending is estimated to rise 19% for the full year, even as IT spending as a whole is forecasted to fall 8%. Thus, uncertainty surrounding the duration of the spread of COVID-19 is expected to lead to more companies adopting cloud technology to support their employees working from home, thereby driving the market growth. Security, password protection, and corporate and financial information protection were key issues for the cloud services industry. Similarly, in March 2020 it was reported that the real names, site usernames, gender, location, and phone numbers for 172 million users had been posted for sale on dark web markets. Due to security breaches, the need for firewall protection and network separation to ensure privacy was another major need across all industries. Routine security assessments undertaken with the help of security researchers were needed to analyze programming vulnerabilities, adding to the cloud services industry costs restraining the overall attractiveness of the market. Cloud service providers are increasingly using artificial intelligence to increase the efficiency and speed of cloud computing services. Artificial intelligence leverages computers and machines to mimic the problem-solving and decision-making capabilities of the human mind. Using AI in cloud services can increase productivity and efficiency while automating repetitive tasks and supporting human capabilities. The advantages of using AI for cloud-based services include lowering adoption costs, facilitates co-creation, innovation, and driving AI-powered transformation for enterprises. Cloud service providers can use AI-powered network security tools to track and evaluate network traffic. For example, the IBM cloud park for automation and Amazon GuardDut are some of the AI based cloud services that are used for providing prebuilt workflows for AI-powered automation and for threat detecting. In addition, in 2020, Salesforce, the leading customer relationship management platform introduced a tool named Einstein, which offers the ability to capture customer data, making it easier to track and personalize customer relationships. Major companies in the cloud services market include Microsoft, Amazon.com Inc., SAP SE, International Business, Machines Corporation, Nippon Telegraph And Telephone Corp, Intel Corporation, Dell Technologies Inc., Apple, Tencent Holdings Co Ltd and Orange SA. North America was the largest region in the cloud services market in 2022. Western Europe was the second largest region cloud services market. The regions covered in the hardware support services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cloud services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The cloud services market includes revenues earned by entities by providing cloud services that can be used for the delivery of information technology resources and applications on-demand through an internet platform. Companies in the cloud services market provide access to servers, storage, databases and a broad set of application services managed by a hardware networking. This market includes sales of storage servers which are used to store, access, secure and manage digital data, files and services. It also includes sales of public cloud services, private cloud services, hybrid cloud services and multi-cloud services offered by providers are included. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global cloud services market is segmented - 1) By Type: Software as a service (SaaS), Platform as a service (PaaS), Infrastructure as a service (IaaS), Business Process as a service (BPaaS) 2) By End-User Industry: BFSI, Media And Entertainment, IT and Telecommunications, Energy And Utilities, Government And Public Sector, Retail And Consumer Goods, Manufacturing, Other End User Industries 3) By Application: Storage, Backup, and Disaster Recovery, Application Development and Testing, Database Management, Business Analytics, Integration and Orchestration, Customer Relationship Management, Other Applications 4) By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud 5) By Organisation Size: Large Enterprises, Small And Medium Enterprises

A software product is a software system that is eligible for being delivered to its customer with documentation that explains how to install and use the system. The main types of software products are operating systems and productivity software publishing, database, storage and backup software publishing, business analytics and enterprise software, video game software, and design, editing & rendering software. Business analytics and enterprise software tools are types of application software that retrieve data from one or more business systems and combine it in a repository, such as a data warehouse, to be reviewed and analyzed. Enterprise software is computer software used to satisfy the needs of an organization rather than individual users. The software products have applications in large enterprises and small and medium enterprises. The various end-user industries are BFSI, media and entertainment, IT and telecommunications, energy and utilities, government and public sector, retail and consumer goods, manufacturing and others. The software products market research report is one of a series of new reports from The Business Research Company that provides software products market statistics, including software products industry global market size, regional shares, competitors with a software products market share, detailed software products market segments, market trends and opportunities, and any further data you may need to thrive in the software products industry. This software products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global software products market grew from $1333.48 billion in 2022 to $1500.2 billion in 2023 at a compound annual growth rate (CAGR) of 12.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The software products market is expected to grow to $2357.31 billion in 2027 at a CAGR of 12.0%. IoT technology adoption by manufacturing and transportation services companies is expected to drive the software products market in the forecast period. IoT is a network of physical objects such as devices, vehicles, buildings and other items which are embedded with electronics, software, sensors and network connectivity enable these objects to collect and exchange data. For instance, Microsoft and Rolls-Royce have announced a partnership centering on future Rolls-Royce intelligent engines, which will integrate Microsoft Suite into its service solutions to expand its digital capabilities. According to International Data Corporation (IDC), global spending on IoT was around $1.4 trillion in 2021; this includes hardware, software and services for IoT technologies. Thus, IoT technology adoption is expected to expand the demand for software products. The software products market is expected to be limited due to high competition in terms of pricing, product portfolio and other factors from market competitors and new entrants in the market during the forecast period. Existing players in the market are offering a wider range of products at competitive process to increase their customer base and boost revenues. A large number of start-up companies are also developing innovative products. As most of these start-ups are funded by venture capital companies, they have sufficient capital for the research and development of new software products. Furthermore, the increase in competitors in the market is likely to result in price-wars. This would affect the sales of companies, resulting in lower revenues and profit margins. These price-wars further affect the funding available for research and development projects, this limits the launch of new products, thereby having a negative impact on the market growth. Top software vendors such as Oracle and SAP have been attempting to penetrate the middle market, to expand their client base, and increase overall revenues. These companies have begun offering scaled-down, pre-configured versions of their applications. They are pursuing new distribution channels to sell and distribute their software products and are also acquiring mid-market software companies to increase their market shares and revenues. For example, SAP acquired Business One software to penetrate the middle market. Major companies in the software products market include Microsoft, Oracle Corp, Google, salesforce.com, Tencent Holdings Co Ltd., International Business Machines Corporation, Adobe Systems Incorporated, Nintendo Co Ltd., Fiserv, Inc. and Sony Corp. Asia-Pacific was the largest region in the software products market in 2022. North America was the second largest region of the software products market. The regions covered in the software products market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the software products market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The software products market includes revenues earned by entities by developing and distributing software products for commercial and personal use. Software products are usually sold in the form of licenses to use the software for a specified period or permanently. The license generally entitles the buyer to receive updates of the programs. Companies in this industry create and distribute computer software by designing software, providing documentation, assisting in installation and providing support services to software purchasers. Some businesses design, develop and publish; others only publish. The market value does not include revenues generated from Software as a Service (SaaS). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global software products market is segmented - 1) By Type: Operating Systems & Productivity Software Publishing, Database, Storage & Backup Software Publishing, Business Analytics & Enterprise Software, Video Game Software, Design, Editing & Rendering Software 2) By Application: Large Enterprises, Small And Medium Enterprises 3) By End-User Industry: BFSI, Media And Entertainment, IT and Telecommunications, Energy And Utilities, Government And Public Sector, Retail And Consumer Goods, Manufacturing, Other End User Industries Subsegments Covered: Operating Systems, Productivity Software Publishing, Database Software, Middleware Software, Storage And Backup Software, ERP Software, BI Software, CRM Software, SCM Software, Other Software, Browser Games, PC Games, Smart Phone/Tablet Games, Console Games, Engineering Design Software, Animation And VFX Design Software, Image/Video Editing And Graphic Design Software

Computer hardware is the physical component required for a computer system to function. The main types of computer hardware are computer peripheral equipment, computer storage devices and servers and computers. Computer peripheral equipment are devices (including sensors) used to enter information and instructions into a computer for storage or processing and to deliver the processed data to the operator or to a machine controlled by the computer. The various distribution channels include online and offline. The various end-user are household and commercial users. The computer hardware market research report is one of a series of new reports from The Business Research Company that provides computer hardware market statistics, including computer hardware industry global market size, regional shares, competitors with a computer hardware market share, detailed computer hardware market segments, market trends and opportunities, and any further data you may need to thrive in the computer hardware industry. This computer hardware market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global computer hardware market grew from $658.32 billion in 2022 to $705.17 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The computer hardware market is expected to grow to $909.8 billion in 2027 at a CAGR of 6.6%. The computer hardware market is expected to be aided by rapid growth in investments in smart city projects in many countries globally. Smart city technologies use information and communication technologies to efficiently manage and operate urban services, including transportation systems, water supply, and law and order. These technologies are enabled through IoT technology. IoT is a convergence of computing devices, and mechanical and digital objects. This system facilitates the transfer of data over a network without human interaction and minimal human-to-computer interaction. Smart cities use computers and related hardware, thereby benefitting the companies operating in this market. APG Algemene Pensioen Groep N.V. in 2021, announced an additional €500 million ($585 million) to ‘’Smart City Infrastructure Fund’’, for the development of smart city projects across North America, Europe, Australia and other major urban areas in the world. The concept of smart cities is becoming more popular in developing nations too. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China. Electrical and electronic waste (e-waste) is currently the largest growing waste stream and rising regulations regarding its recycle and disposal are likely to hinder the growth of the computer hardware market. E-waste is hazardous and expensive to treat in an environmentally sound manner, and there is a general lack of standardized legislation or enforcement regarding e-waste. Close to 50 million tons of e-waste is generated globally every year and this e-waste is generally discarded in the general waste stream. Within these regions, e-waste is recycled using rudimentary techniques. E-waste has adverse environmental and health implications, for example, e-waste represents only 2% of solid waste in landfill globally but it accounts for up to 70% of hazardous materials. Safety and health issues, labor issues and regulatory frameworks related to the management of e-waste can be a threat to this market going forward. Many technology companies are introducing tablets to replace laptop computers. Portability, the ability to connect to 3G and 4G networks, and the light weight of these devices are the major reasons for individuals increasingly opting for tablets. According to a Nielsen study, less than one-third of tablet owners surveyed indicated that their desktop usage will be limited or not at all. This decreasing usage of desktop computers is encouraging computer hardware manufacturers to design and produce tablet computers. Major companies in the computer hardware market include Dell Technologies Inc., HP, Apple, Lenovo Group Limited, Samsung Electronics Co., Ltd., Quanta Computer, Pegatron Corp, Intel Corporation, Hon Hai Precision Industry, and Inventec Corp. North America was the largest region in the computer hardware market in 2022. Asia-Pacific was the second largest region of the computer hardware market. Africa was the smallest region in the global computer hardware market. The regions covered in the computer hardware market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the computer hardware market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The computer hardware market includes revenues earned by entities by consists of sales of personal computers (PCs), laptops and tablets, computer storage devices, peripheral equipment, etc. The computer hardware market includes servers and processors but does not include embedded systems used in automobiles and manufacturing plants. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global computer hardware market is segmented - 1) By Type: Computer Peripheral Equipment, Computer Storage Devices And Servers, Computers 2) By End-User: Household, Commercial 3) By Distribution Channel: Online, Offline Subsegments Covered: Mouse, Keyboard, Monitor, Printer, Scanner, Computer Storage Devices, Computer Servers, PCs, Laptops, Tablets, Other Computers

A computer server is a device or software that performs a service that addresses the needs of another computer, known as the client. The main types of computer servers are web server, virtual server, application server, database server and others. A web server is a combination of software and hardware that uses HTTP (Hypertext Transfer Protocol) and some other protocols to respond to the requests made over the World Wide Web (www). It uses server operating system such as Microsoft windows servers, LINUX / UNIX servers, netware and cloud servers and are used in mainframes, desktop, laptop computer and other applications. The computer servers market research report is one of a series of new reports from The Business Research Company that provides computer servers market statistics, including computer servers industry global market size, regional shares, competitors with a computer servers market share, detailed computer servers market segments, market trends and opportunities, and any further data you may need to thrive in the computer servers industry. This computer servers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global computer servers market size will grow from $94.91 billion in 2022 to $100.39 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global computer servers market size is expected to grow to $120.44 billion in 2027 at a CAGR of 4.7%. The increasing demand for the server is a key factor driving the growth of the computer server market. A server is a computer that supplies other computers with data, it can serve content over the internet to devices on a local area network (LAN) or a wide area network (WAN). The global server industry is experiencing double-digit growth and shows no indications of slowing down. For instance, in November 2022, according to a survey conducted by Netcraft Ltd., a UK-based internet services company, the survey received responses from 1,135,089,912 sites across 271,689,143 domains and 12,306,625 web-facing computers, resulting in a 4.7 million site gain, a 194,480 domain loss, and a 6,685 web-facing computer gain. Therefore, the increasing demand for the server is expected to propel the growth of the computer servers market over the forecast period. The impact of COVID-19 is expected to impede the growth of the computer server market over the forecast period. The effect of COVID-19 will dampen overall IT infrastructure (server and enterprise storage systems) investment as businesses temporarily halted and workers are laid off or furloughed. For instance, total server sales declined to 22.1% in India to $232.1 million in the January-March quarter in 2020, attributing to the impact of COVID-19. Therefore, the impact of COVID-19 restraints the growth of the computer server market. Technological advancements are a major trend shaping the computer server market. Major companies operating in the computer server sector are focusing on developing technology advanced solutions for a computer server. For instance, in March 2020, Oxide Computer, a USA-based computer hardware company introduced a new type of server in which hardware and software were built together. This strategy is used by 'hyperscalers' (AWS, Microsoft, Google and Facebook) to control companies who want or need to operate their server fleets with the most sophisticated data centers on the planet In February 2020, Quantum Corporation, a USA-based company that stores and manages video and video-like data acquired Western Digital Technologies, Inc., a subsidiary of Western Digital Corporation, for an undisclosed amount. Through this acquisition, Quantum Corporation acquires Western Digital Technologies ActiveScale object storage business. ActiveScale product line brings object storage software and erasure coding to the company’s existing portfolio and expanded the Quantum Corporation’s product offerings for its consumers. Western Digital Corporation is a USA-based computer hard disk drive manufacturer and data storage company. Major players in the computer server market are IBM, Dell Technologies Inc., Hewlett-Packard Corp., Inspur Technologies Co. Ltd., Lenovo, FUJITSU, Huawei Technologies Co. Ltd., Oracle Inc., CisCo., EMC Corp., PolarLake, Adobe Systems Inc., VMware Inc., Bull Ltd., RedHat Inc., Apache Corp., Hitachi Ltd., NEC Corp., Western Digital Corporation, Kingston Technology Company Inc., Seagate Technology and Toshiba. The Asia-Pacific was the largest region in the computer servers market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global computer servers market report during the forecast period. The regions covered in the global computer server market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the computer server market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The computer servers market consists of sales of computer servers, which are hardware devices that are capable to store, access, secure, and manage digital data, files and services. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global computer servers market is segmented - 1) By Server Type: Web Server, Virtual Server, Application Server, Database Server, Other Server Types 2) By Server Operating System: Microsoft Windows Servers, Linux / Unix Servers, Netware, Cloud Servers 3) By Application: Mainframes, Desktop, Laptop Computers, Other Applications

Database software is designed to create databases and store, manage, search, and retrieve information. Storage & Backup Software is an application used to store data, make duplicate copies of the data to protect it, and make it recoverable in the event of loss, damage, or malware infection. The main types of database, storage and backup software are database software, middleware software, and storage and backup software. A database software is a software program that is designed to create, edit, and maintain database files and records. They are deployed using models such as on-demand/cloud model and on-premise model. These are mostly used in industries such as BFSI, media and entertainment, it and telecommunications, energy and utilities, government and public sector, retail and consumer goods, manufacturing and others. The database, storage and backup software publishing market research report is one of a series of new reports from The Business Research Company that provides database, storage, and backup software publishing market statistics, including database, storage and backup software publishing industry global market size, regional shares, competitors with a database, storage and backup software publishing market share, detailed database, storage and backup software publishing market segments, market trends and opportunities, and any further data you may need to thrive in the database, storage and backup software publishing industry. This database, storage and backup software publishing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global database, storage & backup software publishing market grew from $232.42 billion in 2022 to $258.5 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The database, storage & backup software publishing market is expected to grow to $382.41 billion in 2027 at a CAGR of 10.3%. The outbreak of COVID-19 disease (COVID-19) is expected to drive the database, storage & backup software publishing market in the forecast period as an increasing number of people are working from home due to lockdowns imposed by governments globally that restrict the gathering of people in public places. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in people working from home by accessing work-related systems and applications through the cloud. Uncertainty surrounding the duration of the spread of COVID-19 is expected to lead to more companies adopting cloud technology to support their employees working from home, thereby driving market growth. With technological advances in cloud computing and the continuous requirement of updating in-house IT infrastructure, companies are witnessing a rising demand for public cloud platforms. A public cloud is a service based on the standard cloud computing model, in which a service provider makes resources, such as virtual machines (VMs), applications or storage, available to the general public over the Internet. Companies are increasingly opting for public cloud platforms to minimize their costs as the public cloud provides services on a pay-as-you-go model, the need for organizations to invest in and maintain their own in-house IT resources, and enables scalability to meet workload and user demands. In March 2020, Quantum a US-based, digital storage company acquired Western Digital Technology's ActiveScale's object storage software. This acquisition helps Quantum Corporation to expand its products and services in the object storage market. Western Digital Technology is a computer hard disk drive manufacturer and data storage company. It is headquartered is in San Jose, California, United States. Major companies in the database, storage & backup software publishing market include Google, Broadcom Ltd., NetApp Inc., NEC Corporation, Altice NV and Commvault Systems, Inc. Asia-Pacific was the largest region in database, storage & backup software publishing market in 2022. North America was the second largest region in database, storage & backup software publishing market. The regions covered in the database, storage & backup software publishing market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the database, storage & backup software publishing market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The database, storage and backup software publishing market includes revenues earned by entities by developing and distributing software programs or utilities used for creating, editing and maintaining database files and records. It allows users to store data in the form of structured fields, tables and columns, which can then be retrieved directly and/or through programmatic access. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global database, storage and backup software publishing market is segmented - 1) By Type: Database Software, Middleware Software, Storage And Backup Software 2) By End-User Industry: BFSI, Media And Entertainment, IT and Telecommunications, Energy And Utilities, Government And Public Sector, Retail And Consumer Goods, Manufacturing, Other End-User Industries 3) By Deployment Model: On-Demand/Cloud, On-Premise

Storage & backup software is an application used to store data, make duplicate copies of the data to protect it, and make it recoverable in the event of loss, damage, or malware infection. The main types of storage and backup software are storage software and backup software. Backup software allows to backup files, folders, documents, software data, most data types in a computer or server. The software is deployed through cloud and on-premise mode by various end-users such as banking, financial services and insurance (BFSI), telecommunication, consumer goods and retail, media and entertainment, healthcare and life sciences, and government. The storage and backup software market research report is one of a series of new reports from The Business Research Company that provides storage and backup software market statistics, including storage and backup software industry global market size, regional shares, competitors with storage and backup software market share, detailed storage and backup software market segments, market trends and opportunities, and any further data you may need to thrive in the storage and backup software industry. This storage and backup software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global storage and backup software market size will grow from $18.02 billion in 2022 to $19.33 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global storage and backup software market size is expected to grow to $24.29 billion in 2027 at a CAGR of 5.9%. The growing volume of data and the awareness among organizations to backup and protect their data are expected to benefit the storage and backup software market in the forecast period. In addition, the growing adoption of cloud-based technologies, and the need for storage and protection across all enterprises are also driving the growth of the storage and backup software market. For example, it is estimated that more than 72% of global enterprises will shift to cloud storage from on-premise data centers by 2022. Rising concerns about data privacy and governance are expected to restrain market growth. Security concerns over protecting information regarding stakeholders and private data caused due to hacking, espionage and other security threats restrict the deployment of cloud storage and other software for storage and backup. These factors invariably limit the storage and backup software market. For example, industries such as BFSI, healthcare, retail, and others are unwilling to invest in the market due to security issues, thus restraining it to grow at its full potential. One of the latest trends in the storage and backup software market is the adoption of artificial intelligence (AI) based applications which can create, store and protect data. Artificial intelligence is an area of computer science which simulates human intelligence. AI based applications create information on their own and verify the source of information before composing bits of knowledge to a database. These applications can also refine database management policies, align data to database capabilities and assess metadata across organization storage infrastructure. For instance, Commvault, one of the major vendors in the field of storage and backup software, introduced a new kind of backup and recovery software, which works with AI. This software helps users to keep data backup and recovery more efficient and effective by analyzing their patterns and performance. In March 2020, Insight Partners, a US-based venture capital and private equity firm acquired Veeam Software for $5 billion. The acquisition enables Veeam to further drive its growth through support, invaluable resources, and expertise of Insight Partners. Veeam Software is an American provider of backup, disaster recovery and modern data protection software. Major players in the storage and backup software market are Dell Inc., HPE, Netapp, Hitachi, IBM, Huawei, International Business Machines Corporation, Toshiba Corporation, Pure Storage Inc., Nutanix Inc., Micron Technology, Tintri, Inc., Cloudian, Inc., Quantum Corporation, Samsung Electronics, Fujitsu Ltd., VMware, Inc., Nexenta Systems, Netgear Inc., Inspur, Oracle, Acronis, Commvault, CA Technologies. Asia-Pacific was the largest region in the storage and backup software market in 2022. North America was the second largest region of the global storage and backup software market. The regions covered in the global storage and backup software market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the storage and backup software market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The storage and backup software market includes revenues earned by entities by developing and distributing software, which provides users and programmers with a systematic way to create, retrieve, update and manage data. This software allows users to read, update and delete data, which can then be fetched directly and/or through programmatic access. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global storage and backup software market is segmented - 1) By Type: Storage Software, Backup Software 2) By End User: Banking, financial services & insurance (BFSI), Telecommunication, Consumer goods & retail, Media & entertainment, Healthcare & life sciences, Government 3) By Deployment: Cloud, On-premise

Data backup and recovery refer to the area of onshore and cloud-based technology solutions that allow enterprises to secure and maintain their data for legal and business requirements. Data backup and recovery are used in the process of making a backup copy of data, keeping it somewhere safe in case it becomes lost or damaged, and then restoring the data to its original location or a secure backup so it can be used once again in operations. The main types of data backup and recovery are service backup, media storage backup, and email backup. The services backup are used to connect systems to a private, public, or hybrid cloud managed by the outside provider in place of doing backups with a centralized, on-premises IT department. The services backup is a method of backing up data that entails paying an online data backup provider for backup and recovery services. The various components of data backup and recovery are software and services that are deployed in the cloud and on-premises. The various industry verticals that use backup and recovery are IT and telecommunications, retail, banking, financial services, and insurance; government and the public sector; healthcare; media and entertainment; manufacturing; education; and other industry verticals. The data backup and recovery market research report is one of a series of new reports from The Business Research Company that provides data backup and recovery market statistics, including data backup and recovery industry global market size, regional shares, competitors with a data backup and recovery market share, detailed data backup and recovery market segments, market trends and opportunities, and any further data you may need to thrive in the data backup and recovery industry. This data backup and recovery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global data backup and recovery market size grew from $12.18 billion in 2022 to $14.15 billion in 2023 at a compound annual growth rate (CAGR) of 16.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data backup and recovery market size is expected to grow to $23.64 billion in 2027 at a CAGR of 13.7%. An increase in the adoption of cloud data backup is expected to propel the growth of the data backup and recovery market. Cloud backup is storing a copy of a physical or virtual file, database, or other data in a secondary, off-site location in case of equipment failure or other emergencies. Cloud-based data backup helps store data in the cloud, which is accessible anywhere and anytime. This helps make the data safe and easily recoverable. For instance, in November 2020, according to Gartner, a US-based management consulting company, following the COVID-19 crisis, there will be an increase in IT investment toward the cloud, which is predicted to account for 14.2% of all worldwide enterprise IT spending in 2024 as opposed to 9.1% in 2020. Therefore, an increase in the adoption of cloud data backup is driving the growth of the data backup and recovery market. Technological advancement is a key trend gaining popularity in the data backup and recovery market. Major data backup and recovery companies are advancing in their new technologies and research and development to adopt efficient alternatives such as multi-cloud data backup and recovery. Data can be backed up across many cloud services from different providers using multi-cloud data backup and recovery systems. These systems frequently copy backups from one service to another and store them there for disaster recovery. These solutions ought to allow recovery from many sources, ideally. For instance, in June 2022, Backblaze, Inc., a US-based cloud storage and data backup company, partnered with Veritas Technologies LLC. to offer multi-cloud data backup and recovery. Customers who use Backup Exec to synchronise their data backup and recovery procedures can use their combined solution's simple, inexpensive, and S3-compatible object storage. The Backup Exec service from Veritas enables companies to safeguard almost any data on any storage medium, including tape, servers, and the cloud. Veritas Technologies LLC is a US-based data management company. In September 2021, HPE, a US-based information technology company, acquired Zerto for $374 million. Through this acquisition, HPE further transforms its storage business into a cloud-native, software-defined data services company and positions the HPE GreenLake edge-to-cloud platform in the fast-growing data protection sector with a tested solution. Zerto is a US-based company specialising in software for on-premises and cloud data migration, backup, and disaster recovery. Major players in the data backup and recovery market are International Business Machines Corporation (IBM), Oracle Corporation, Dell Inc., Commvault Systems, Inc., NetApp Inc., Microsoft Corporation, Veritas Technologies LLC, Acronis International GmbH, Unitrends Corporation, Hewlett Packard Enterprise, Veeam Software Group GmbH, Rackspace, Inc., Cohesity, Broadcom, Inc., Carbonite, Inc., Actifio Technologies, and Redstor Limited. North America was the largest region in the data backup and recovery market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data backup and recovery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the data backup and recovery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The data backup and recovery market includes revenues earned by entities by providing disks/tape backup, hybrid cloud backup, direct-to-cloud backup, recovery from a local device, recovery from the cloud, and recovery right in the cloud. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the chain or as part of other products. The global data backup and recovery market is segmented - 1) By Backup Type: Service Backup, Media Storage Backup, Email Backup 2) By Component: Software, Services 3) By Deployment Type: Cloud, On-Premises 4) By Industry Vertical: IT and Telecommunications, Retail, Banking, Financial Services, and Insurance, Government and Public Sector, Healthcare, Media and Entertainment, Manufacturing, Education, and Other Industry Verticals

The data center infrastructure management are engaged in the manufacturing of cooling systems, power monitoring systems, and other systems related to the infrastructure management of data centers. Datacenter infrastructure management (DCIM) is a series of technologies that allow for effective data center management and monitoring in terms of capacity, cooling, and power usage and enables officials to properly track and control the facility's various phases. The main types of components in data center infrastructure management are solutions and services. The data center infrastructure management solutions include asset management, network management, cooling management, power management, security management. The different deployment models include on-premises, cloud and are used in small and medium-sized enterprises (SMEs), large enterprises. It is implemented in various sectors such as BFSI, energy, government, healthcare, manufacturing, IT and telecom, and others. The data center infrastructure management market research report is one of a series of new reports from The Business Research Company that provides data center infrastructure management market statistics, including data center infrastructure management industry global market size, regional shares, competitors with a data center infrastructure management market share, detailed data center infrastructure management market segments, market trends and opportunities, and any further data you may need to thrive in the data center infrastructure management industry. This data center infrastructure management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global data center infrastructure management market size grew from $2.68 billion in 2022 to $3.37 billion in 2023 at a compound annual growth rate (CAGR) of 25.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data center infrastructure management market size is expected to grow to $8.12 billion in 2027 at a CAGR of 24.6%. An increase in data center IP traffic is expected to propel the growth of the data center infrastructure management market in the forecast period. There has been an exponential increase in internet usage and IP traffic in data centers across the globe due to the pandemic and people working from home. According to Vxchange, a US-based company that offers data centers and colocation services data center IP traffic is predicted to reach 20.6 zettabytes (ZB) by the end of 2021. Another article published by International Energy Agency (IEA) in June 2020, states that between February and mid-April 2020, global internet traffic increased by nearly 40% and the majority of the world’s Internet Protocol (IP) traffic goes through data centers with which the global IP traffic is expected to double between 2019 and 2022. This rise in the data center IP traffic is increasing the need for more data centers and in turn, swelling the demand for data center infrastructure management and services. Thus, the surge in data center traffic is expected to boost the growth of the data center infrastructure management market. The companies focusing on launching innovative solutions and software platforms are shaping the data center infrastructure management market. Key players are developing integrated technologies and solutions using advanced solutions such as artificial intelligence in data center architecture to unlock the capacity of subsystems and improve operations and maintenance performance. For instance, in February 2020, Huawei, a China-based technology company introduced FusionDC 2.0 based on prefabricated modular technology. To design future-proof data center facilities, FusionDC 2.0 uses the AI-fusion, building-fusion, component-fusion, and digital-fusion concepts. FusionDC 2.0 uses prefabricated modular technologies to standardize and accelerate the development of data centers. It also includes a future-oriented and elastic architecture to assist data centers in responding to changes in power density. In February 2020, Eaton, an Ireland-based company offering electrical, hydraulic, and mechanical applications completed the acquisition of Power Distribution, Inc., (PDI) for an undisclosed amount. Through this acquisition, Eaton will be able to better serve its data center clients and expand its range of data center power distribution and monitoring solutions. Power distribution Inc., is a US-based company that provides power distribution and monitoring solutions for data centers manufacturing, institutional users, and other critical or high-value electrical systems. Major players in the data center infrastructure management market are ABB Ltd., Cisco Systems Inc., Commscope Inc., Dell Inc., Hewlett Packard Enterprise, IBM Corporation, Modius Inc., Panduit Corporation, Raritan Inc., Schneider Electric SE, Siemens AG, Vertiv Group Co., Nlyte, Delta Electronics Inc., Rittal GmbH & Co. Kg., Stulz GmbH, Microsoft Corporation, ITRACS Corp., VMware Inc., Lenovo Group Ltd., Oracle Corporation, NetApp Inc., Huawei Technologies Co. Ltd., Device42 Inc., Sunbird Software Inc., SynapSense Corp, and Fieldview Solutions. North America was the largest region in the data center infrastructure management market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data center infrastructure management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the data center infrastructure management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The data center infrastructure management market includes revenues earned by entities that provides cabling systems services, storage infrastructure, data center monitoring. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global data center infrastructure management market is segmented - 1) By Component: Solution, Services 2) By Deployment Model: On-Premises, Cloud 3) By Organization Size: Small And Medium-sized Enterprises (SMEs), Large Enterprises 4) By End-User: BFSI, Energy, Government, Healthcare, Manufacturing, IT And Telecom, Other End Users