At what pace is the purpose built backup appliance (pbba) market growing, and what is its estimated value?
The purpose built backup appliance (PBBA) market size has grown rapidly in recent years. It will grow from $7.91 billion in 2024 to $8.71 billion in 2025 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to increased data generation, growth in regulatory compliance requirements, increasing awareness of data protection, growth in hyper-converged infrastructure, and increasing use of advanced encryption.
The purpose built backup appliance (PBBA) market size is expected to see strong growth in the next few years. It will grow to $12.68 billion in 2029 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to increasing data volumes, rising cybersecurity threats, increasing remote work, increasing use of virtualization technologies, and rising demand for high-availability solutions. Major trends in the forecast period include technological advancements, the adoption of cloud-integrated backup solutions, artificial intelligence, integration with virtualization platforms, and hybrid cloud models.
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What are the key forces behind the purpose built backup appliance (pbba) market’s growth in recent years?
The increasing data security threats are expected to propel the growth of the purpose-built backup appliance (PBBA) market going forward. Data security threats encompass a wide range of risks and vulnerabilities that can compromise the confidentiality, integrity, and availability of sensitive information. The increase in data security threats is due to expanding attack surface, sophisticated malware and cyber-attacks, ransomware proliferation, supply chain vulnerabilities, and economic incentives. Purpose-built backup appliances (PBBAs) enhance data security by ensuring reliable backup and recovery processes, protecting organizations against various data security threats. For instance, in March 2023, according to the Federal Bureau of Investigation, a US-based law enforcement agency, investment fraud in the US increased from $1.45 billion in 2021 to $3.31 billion in 2022. Therefore, the increasing data security threats are driving the growth of the purpose-built backup appliance (PBBA) market.
What are the major segments of the purpose built backup appliance (pbba) market?
The purpose built backup appliance (PBBA) market covered in this report is segmented –
1) By Component: Purpose Built Backup Appliance Hardware, Purpose Built Backup Appliance Software, Purpose Built Backup Appliance Services
2) By System: Integrated Backup Appliance, Target Systems Backup Appliance, Open System Backup Appliance, Mainframe Purpose Built Backup System
3) By Deployment: Cloud Purpose Built Backup Appliances, On-Premise Purpose Built Backup Appliances
4) By Enterprise Size: Small And Medium Enterprises (SMEs), Large Enterprises
5) By Industry Vertical: Banking, Financial, Services and Insurance (BFSI), Telecom And Information Technology, Government, Healthcare, Education, Manufacturing, Travel And Hospitality, Energy And Utility, Other Industry Verticals
Subsegments:
1) By Purpose Built Backup Appliance Hardware: Disk-Based Backup Appliances, Tape-Based Backup Appliances, Integrated Backup Systems, Standalone Backup Appliances
2) By Purpose Built Backup Appliance Software: Backup and Recovery Software, Data Deduplication Software, Replication Software, Encryption and Security Software, Monitoring and Management Software
3) By Purpose Built Backup Appliance Services: Installation and Integration Services, Maintenance and Support Services, Managed Backup Services, Consulting and Training Services, Cloud Integration Services
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Which companies dominate the purpose built backup appliance (pbba) market?
Major companies operating in the purpose built backup appliance (PBBA) market are Dell EMC, Hitachi Vantara LLC, International Business Machines Corporation, Oracle Corporation, Hewlett Packard Enterprise, Fujitsu Limited, NetApp Inc., Veritas Technologies LLC, Zones LLC, Barracuda Networks Inc., Cohesity Inc., International Data Corporation, Acronis International GmbH, Quantum Corporation, TechTarget Inc., Arcserve LLC, Unitrends Inc., ExaGrid Systems Inc., Axcient Inc., Asigra Inc., STORServer Inc., Data & Storage ASEAN, Commvault Systems Inc., Tenaya Capital, Blocks & Files
What major trends will shape the purpose built backup appliance (pbba) market during the forecast period?
Major companies operating in the purpose-built backup appliance (PBBA) market are focused on developing innovative solutions to enhance data storage efficiency and scalability, such as on-premises object storage solutions. On-premises object storage refers to storing data as objects in a dedicated local environment, providing scalable and efficient data management within an organization’s infrastructure. For instance, in June 2022, Veeam Software Holding Inc., a US-based information technology company, launched Object First to provide on-premises object storage facilities for Veeam backup. This device, accessed via Amazon’s S3 protocol and locally owned, offers immutability, instant recovery, and security features. Object First exclusively integrates with Veeam Backup and Recovery release 12 (VBR12), enabling backups to be stored immutably in less than 15 minutes. It utilizes a technology similar to AWS S3 Object Lock for immutability, configurable for up to 999 days.
What are the key regional dynamics of the purpose built backup appliance (pbba) market, and which region leads in market share?
North America was the largest region in the purpose-built backup appliance (PBBA) market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the purpose built backup appliance (PBBA) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Purpose Built Backup Appliance (PBBA) Market Report 2025 Offer?
The purpose built backup appliance (pbba) market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A purpose-built backup appliance (PBBA) is a dedicated device that provides efficient and reliable data backup and recovery services. They are optimized for backup workloads and are integrated with backup software to ensure seamless data protection. Purpose-built backup appliance (PBBA) is used in various environments, from small businesses to large enterprises, providing a reliable and efficient solution for data protection needs.
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