Acronis International GmbH, a Swiss software company, announced key changes to its existing Cyber Protect Cloud platform along with the introduction of a new product called Advanced Automation into its Advanced Management solution.
Infosys, an Indian information technology company, announced the expansion of its partnership with Microsoft, a U.S.-based technology corporation to bring together Infosys Cobalt cloud offerings and Microsoft’s cloud computing technologies, led by Azure, across the business value chain.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 5226
Published Date: Sep 08, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
High volume of data generation, growing adoption of SaaS, lower costs, and greater efficiency than on-premises backup, are the major factors driving the market growth.
The market is anticipated to attain a CAGR of 25.58% over the forecast period, i.e., 2024 â€“ 2035.
The major players in the market are Veeam Software, Barracuda Networks, Inc., and Microsoft Corporation.
The services segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North America region would provide more business opportunities in the future.