Dublin, March 16, 2023 (GLOBE NEWSWIRE) -- The "Global Purpose-built Backup Appliance (PBBA) Market (2023-2028) by Components, Enterprise, System, Industry Vertical, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Purpose-Built Backup Appliance (PBBA) Market is estimated to be USD 6.88 Bn in 2023 and is expected to reach USD 11.61 Bn by 2028, growing at a CAGR of 11.03%.
Market Dynamics
Drivers
- Increasing Enterprise Data Protection, Infrastructure Recovery Awareness
- Data Protection and Data Security are Governed by Strict Rules and Regulations
Restraints
- Storage and Backup Technology has a High Cost
Opportunities
- Increasing Demand for Data Analytics
- The Expansion of IoT
Challenges
- Availability of Substitutes
Market Segmentations
The Global Purpose-built Backup Appliance (PBBA) Market is segmented based on Components, Enterprise, System, Industry Vertical, and Geography.
- By Components, the market is classified into Hardware and Software.
- By Enterprise, the market is classified into Small and Mid-level Enterprises and Large Enterprise.
- By System, the market is classified into Mainframe Systems and Open Systems.
- By Industry Vertical, the market is classified into BFSI, Telecom and IT, Government, Healthcare, Education, Manufacturing, Travel and Hospitality, Energy and Utility, and Others.
- By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Purpose-Built Backup Appliance (PBBA) Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Purpose-Built Backup Appliance (PBBA) Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Purpose-Built Backup Appliance (PBBA) Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 163 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $6.88 Billion |
| Forecasted Market Value (USD) by 2028 | $11.61 Billion |
| Compound Annual Growth Rate | 11.0% |
| Regions Covered | Global |
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Purpose-Built Backup Appliance (PBBA) Market, By Components
7 Global Purpose-Built Backup Appliance (PBBA) Market, By System
8 Global Purpose-Built Backup Appliance (PBBA) Market, By Enterprise
9 Global Purpose-Built Backup Appliance (PBBA) Market, By Industry Vertical
10 Americas' Purpose-Built Backup Appliance (PBBA) Market
11 Europe's Purpose-Built Backup Appliance (PBBA) Market
12 Middle East and Africa's Purpose-Built Backup Appliance (PBBA) Market
13 APAC's Purpose-Built Backup Appliance (PBBA) Market
14 Competitive Landscape
15 Company Profiles
16 Appendix
Companies Mentioned
- Arcserve LLC
- Asigra Inc.
- Barracuda Networks Inc.
- Cohesity Inc.
- Commvault Systems, Inc.
- Dell EMC Storage Corp.
- eFolder Inc.
- ExaGrid Systems Inc.
- FalconStor Software Group
- Fujitsu Ltd.
- Hitachi Vantara Corp.
- HP Inc.
- IBM Corp.
- NetApp, Inc.
- Oracle Corp.
- Quantum Corp.
- Rubrik Inc.
- STORServer Inc.
- Unitrends Inc.
- Veeam Software Group GmbH
- Vembu Technologies Pvt. Ltd.
- Veritas Technologies LLC
For more information about this report visit https://www.researchandmarkets.com/r/da4yh2
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