Purpose-built Backup Appliance (PBBA) Market

Purpose-built Backup Appliance (PBBA) Market Expected to Reach US$ 8,114.6 Mn by
2026
According to a new market report published by Transparency Market Research,
the global purpose-built backup appliance (PBBA) marketwas valued at US$ 3,427.9
Mn in 2016 and is expected to expand at a CAGR of 9.3% from 2018 to 2026,
reaching US$ 8,114.6 Mn by the end of the forecast period. According to the report,
North America was the largest contributor in terms of revenue to the purpose-built
backup appliance (PBBA) market in 2016.
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Increasing need for data storage and protection drives the purpose-built backup
appliance (PBBA) market
Purpose-built backup appliance (PBBA) is a complete backup and recovery solution
that includes software solutions such as file systems, disk systems, and object storage.
Purpose-built backup appliance (PBBA) solutions are specifically designed for
enterprises to protect enterprise data for backup and recovery. Moreover, these
solutions are used to store and protect enterprise information in data centers or on
hosted storage systems.
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Purpose-built Backup Appliance (PBBA) Market: Scope of the Report
The global market for purpose-built backup appliance (PBBA) has been segmented on
the basis of system, component, enterprise size, industry vertical, and region. Based
on system, the market is segmented into open and mainframe. In terms of
component, the PBBA market is bifurcated into product type, software, and
professional services. The product type component is further divided into virtual
appliances and physical appliances. Professional services are sub-segmented into
installation and integration, and support and maintenance. In terms of enterprise size,
the market has been fragmented into small & medium enterprises (SMEs) and large
enterprises. Large enterprises segment is estimated to account for the largest market
share due to rise in adoption of purpose-built backup appliances in large enterprises
for storage purposes. The market has been segmented based on industry vertical into
BFSI (Banking, Financial Services and Insurance), telecom and IT, government,
healthcare, education, manufacturing, travel and hospitality, energy and utility, and
others (retail, media and entertainment etc.).

Purpose-built Backup Appliance (PBBA) Market