Purpose-built backup appliances are single servers with the capability for computing and storage of large data. The need for efficient backup options in large organizations can drive its demand. Market Research Future’s report on the purpose-built backup appliance market focuses on drivers and challenges to affect end-users for the forecast period (2020-2027). The COVID-19 pandemic and its effects on the industry are explored in high detail.

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Market Scope

The global purpose-built backup appliance market is likely to exhibit 15% CAGR from 2017 to 2023 owing to data protection laws and need for storage devices in light of huge generation of data.

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The use of cloud for backing up data in a disaster recovery scenario and differences in cloud design can influence market demand significantly. Rising threats of ransomware and secure defenses in cloud security can bolster the market. The SIRIS by Datto Inc. is a novel design of cloud with multiple layers of security for prevention of unauthorized access coupled with infection scan after backup. This can interest small and medium enterprises switching to the cloud for backing up data and expanding their capacity.

But the limited storage capacity of PBBA can hamper market growth.

COVID-19 Analysis

The COVID-19 pandemic has had a negligible impact on the purpose-built backup appliance market owing to huge spending on traditional backup appliances. The large data volume stored on the cloud and importance on data protection can drive the market demand significantly. Compliance with data privacy laws such as GDPR in Europe coupled with modernization of data centers can work favorably for the market. Security of operations in a remote environment and preference of entry-level and mid-level backup appliances by small and medium enterprises can drive the market growth.

Segmentation

Open Systems to Capture a Huge Revenue Share

By product, the open systems segment can lead the market owing to plethora of vendors building their hardware on open architecture. Easy adaptability of open systems can drive the segment growth.

Hardware to Obtain Large Market Share

The hardware component is expected to obtain a large market share owing to increasing demands for storage and easy replacement in case of damages. But its high cost as per the storage capacity can limit the segment growth.

IT & Telecom Industry to be Biggest End-user

By end-user, the IT & telecom industry can account for a large market share owing to use of storage repositories and spending on IT infrastructure by reputed companies.

Regional Analysis

North America to Dominate Global Market

North America is expected to dominate the global market owing to digitization of data and utilization of storage devices for backing up confidential data. Deduplication of data can drive the demand for storage devices in the purpose-built backup appliance market.

Competitive Analysis

International Business Machines Corporation, Axcient Inc., Hewlett Packard Enterprise Company, Dell EMC, Quantum Corporation, Commvault Systems Inc., Hitachi Data Systems Corporation, Barracuda Network Inc., Arcserve LLC, and Oracle Corporation are key players in the global purpose-built backup appliance market. Solutions for disaster recovery and deduplication of data are the primary focus of players looking to gain the edge in the market.

Industry News

Zoom Phone Appliances by Zoom Communications provides solutions for communication while enabling PBBA for easy deployment and management. Organizations adapting to hybrid workspaces are the prime end-user of the company.

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