Purpose-built backup appliances
provide IT organizations with a solution to frequent problems related to
backup/recovery operations as well as get better service-level delivery for
data to restore and availability. Backup and disaster recovery capabilities are
critical for any organization. PBBA offers a way to flexibly and simply add
high-reliability backups for every organization. in the beginning, PBBAs were
replacements for tape storage. Numerous organizations switched to disk-based
appliances above the past two decades and the PBBA market enjoyed strong.
The ongoing COVID-19 pandemic has
caused disruptions in almost all economies in the world. It is likely to cause
supply chain chaos and ultimately force major players and intact industries to
rethink and adapt to the global supply chain model. Additionally, the COVID-19
pandemic has also caused a sharp drop in employment and economic growth and
caused extensive disturbance of the economy of numerous countries. However, as
numerous countries are providing economic packages to fuel the economy amid the
COVID-19 pandemic, the purpose-built backup appliance market is likely to gain
momentum over the middle term and long term. Supply chain disruptions will be
witnessed due to lockdown in many countries which is also expected to cause
serious impacts on businesses. Major component producer countries for vehicles
such as the USA and China have been severely hit by COVID 19, resulting in a
strict lockdown and shutting down the manufacturing industry for a short
period. Infinium Global Research’s recent report on the “Purpose-built backup
appliance Market (By Component (Hardware and Software), By Enterprise Size
(Large Enterprises, Small and Medium Enterprises), By End-users (IT and
Telecommunication, BFSI, Manufacturing Industries, Hospitality Industry,
Government, Healthcare, and Others): Global Industry Analysis, Trends, Size,
Share and Forecasts up to 2026” provides a comprehensive outline of the factors
responsible for the growth of the market.
https://www.infiniumglobalresearch.com/reports/sample-request/5335
PBBAs represent about one-third
of the total spent by IT organizations on backup/recovery hardware and software
infrastructure. Purpose-built backup appliances provide IT organizations with a
solution to frequent problems related to backup/recovery operations as well as
get better service-level delivery for data to restore and availability. It
remains relevant in cloud environments by providing both speedy on-premises
restore and data replication to the cloud. There are several large players in
the telecom & IT sector such as AT&T, Airtel, Cognizant, Sprint,
Accenture, TCS, and Infosys who has a huge turnover. Their businesses and
presence are spread across the globe. Market dynamics are forcing telecom
companies to change or evolve continuously as there is intense competition. The
majority of the Telecom & IT companies are relying on open system IT
architecture. Thus, the adoption of open system architecture by telecom &
IT, manufacturing, retail, and healthcare verticals has increased that drives
the market for the open system PBBAs. The report on the “Global purpose-built
backup appliance market” offers an in-depth analysis of the segments such as
Component (Hardware and Software), Enterprise Size (Large Enterprises, Small
and Medium Enterprises), End-users (IT and Telecommunication, BFSI,
Manufacturing Industries, Hospitality Industry, Government, Healthcare, and
Others).
https://www.infiniumglobalresearch.com/reports/enquiry/5335
As per the geographic trends, the
North America region is expected to have the largest revenue in the Global
Purpose-Built Backup Appliance Market. The domination of North American
in the global market is mainly due to the countries such as the U.S and Canada,
which have the most advanced technological infrastructure. The growing adoption
of cloud-based solutions by several organizations has led to a higher demand
for purpose-built backup appliances. Additionally, the presence of a large
number of IT firms in North America is also contributing to the growth of
purpose-built backup appliances in the North American region. The Asia Pacific
has the second-largest share in the purpose-built backup appliance market,
particularly in Japan & China are anticipated to increase significantly by
2025.
The competitive landscape of the
purpose-built backup appliance market is moderately fragmented owing to the
presence of several market players across the globe. The increasing adoption of
purpose-built backup appliances for data storage and a massive increase in data
generation is expected to boost the market. Consequently, the market players
are making numerous innovations to supply enhanced solutions in the market as
compared to their rivals and expand maximum market traction. The key market
players in the market are Fujitsu Limited, CommVault Systems, Inc, Oracle
Corporation, Dell Technologies, International Business Machines Corporation,
Symantec Corporation, Quantum Corporation, Barracuda Network Inc. (Thoma Bravo,
LLC), Hewlett Packard Enterprise Company, and Hitachi Ltd. These players are
focusing on new product launch strategies. For instance, in February 2019,
Fujitsu introduced a new licensing option for its all-in-one backup solution –
Fujitsu Storage ETERNUS CS200c. These will assist the customers in terms of easier
incorporation of the backup appliance, further offering the greatest licensing
flexibility and investment protection.