North American Data Backup and Recovery Market to See Massive Growth by 2029

The North American data backup and recovery market is estimated to grow significantly at a CAGR of 10.6% during the forecast period. North America is a significantly growing region in terms of the adoption of backup and recovery solutions. Due to the presence of an abundance of data, there is increasing demand for the data backup and recovery software to protect and store the data on a routine basis. Along with this, there is a significant rise in the number of internet users in the North America region; increasing use creates the requirement for the data storage, backup and recovery platforms in the market. According to the ITU, the UN specialized agency for ICTs estimates that at the end of 2018, 51.2 % of the global population, or 3.9 billion people will be using the internet.

The North American market for data backup and recovery is analyzed based on countries such as the US and Canada. The US is the leading market in North America, as the well-established economy of the country laid the ground for the growth of the cloud infrastructure services market. A significant contribution from of the global players such as Microsoft Corp., Dell Inc., IBM Crop. Oracle Corp., and Amazon Web Services, Inc. in the US, is another factor that propels the market growth. These players are majorly working on the development of enhanced data backup and recovery systems; this contributes to increasing the market share of the region.

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North American Data Backup and Recovery Market Segmentation

By Deployment Type

  • On-premises
  • Cloud-based

By Application

  • Media Storage
  • E-mail Storage
  • Application Storage

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Company Profiles

  • Actifio Inc.
  • Amazon Web Services, Inc.
  • Asigra Inc.
  • Barracuda Inc.
  • Broadcom Inc.
  • Carbonite, Inc.
  • Commvault Systems Inc.
  • Dell, Inc.
  • FalconStor Software Inc.
  • Hewlett Packard Enterprise Co.
  • IBM Corp.
  • Microsoft Corp.
  • NetApp Inc.
  • Oracle Corp.
  • Seagate Technology LLC
  • Unitrends
  • Veritas Technologies, LLC

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