Cloud Backup Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Cloud Backup Market is Segmented by Component (Solution and Services), Deployment Mode (Public Cloud, Private Cloud, and Hybrid Cloud), End-User Industry (BFSI, IT & Telecom, Media & Entertainment, Retail, and Healthcare), and Geography (North America, Europe, Asia Pacific, Latin America, and Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Cloud Backup Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Cloud Backup Market Size

Cloud Backup Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 7.13 Billion
Market Size (2030) USD 21.62 Billion
CAGR (2025 - 2030) 24.84 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Cloud Backup Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Cloud Backup Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Cloud Backup Market Analysis

The Cloud Backup Market size is estimated at USD 7.13 billion in 2025, and is expected to reach USD 21.62 billion by 2030, at a CAGR of 24.84% during the forecast period (2025-2030).

  • The primary driver for adopting cloud backup across businesses is the need for agility and flexibility in the face of accelerating innovation and disruptions from competitors due to the increase in cloud adoption across both big and small.
  • Key players in the market are increasing investments in cloud technologies. For Instance, Veeam Software has partnered with Microsoft Azure to provide New Veeam Backup, an enterprise-ready cloud backup and recovery solution for Microsoft Azure. The new product will help customers and service providers to migrate more apps and data to Azure and to cost-effectively, securely, and easily protect cloud applications and data in Azure.
  • For instance, in April 2023, BETSOL launched Zmanda Endpoint Backup, a cloud-based backup solution for laptop computers and Windows desktops. It is the most recent addition to Zmanda's expanding feature lineup. Zmanda Endpoint Backup provides scalable, cloud-based, centralized management of the entire organization's endpoints. It's simple to deploy and brings the reliability of our proven backup engine.
  • Furthermore, data loss is becoming a significant concern across all industries. In one recent survey, around 33% blamed hardware or system failure for data loss, while 29% reported that their companies lost data due to human error or ransomware. It is estimated that up to 93% of organizations that lose servers for 10 days or more during a disaster filed for bankruptcy within the next 12 months, with 43% never reopening. Another industrial survey of the US and Canadian IT professionals using cloud-based data protection services found that while 74% of respondents rely only on the native Microsoft 365 services for backup, only 15% could recover 100% of their data.
  • As cyberattacks keep increasing, companies such as Google and Microsoft, among others, are aiming to make their cloud environments more secure. Amazon Web Services (AWS), Microsoft Azure, and Google Cloud have made various acquisitions in the cybersecurity space over the past year. In March 2022, Google acquired Mandiant, a cybersecurity company, for about USD 5.4 billion to provide threat intelligence services to Google Cloud.
  • In recent years, cloud adoption has significantly grown. For instance, according to an IBM analysis, a single manufacturing site may generate more than 2,200 terabytes of data in a month. A single production line can generate more than 70 terabytes per day-yet the vast majority of data remains unanalyzed and unprotected. Therefore, companies are moving to cloud storage to secure and utilize this data.
  • Furthermore, IBM revealed that 90% of the data was created in the previous two years. Because of the large amount of data generated, there is a rising demand for low-cost data backup/storage across companies. Automated backup, Malware protection, Encrypted cloud storage, File-level Recovery, and Point-in-time Restore, among others, are some trending services in the market.
  • However, Cloud backup solutions, on the other hand, are one of the complete tools for defending against cyber-attacks and data breaches. However, if unmanaged, attackers may smoothly infiltrate the backup server's database and utilize it against the user. Hence, privacy and security issues are major hindrances to adopting cloud backup solutions.
  • As the cloud backup market sees an increase in use, there has been an explosion in the number of unmanaged risks in the mission-critical digital industry. Cloud Security Posture Management (CSPM) automates cloud security management across the diverse cloud infrastructure. Due to this, there has been an increased acquisition activity in the segment.
  • For instance, Google's agreement to buy cybersecurity firm Mandiant for USD 5.4 Billion, announced in March 2022, reflects broad efforts by leading cloud providers to provide enterprises with better protection against a growing set of threats. The deal comes as the Russian invasion of Ukraine further illustrates the need for companies to invest in cybersecurity protections. It also reflects the growth areas of cloud giants. Mandiant's revenue from continuing operations in 2021 was projected to increase by 21% to USD 843 Million, and in 2022, the revenue as an independent company was projected to exceed USD 550 Million.

Cloud Backup Industry Overview

The Cloud Backup Market's competitive landscape could be more cohesive due to the presence of several global market players. The increasing adoption of cloud computing for data storage and a massive increase in data generation is expected to boost the market. Hence, market players such as Dell EMC, IBM Corporation, Backblaze Inc., and Barracuda Networks, Inc. are making several innovations to provide enhanced solutions in the market compared to their peers and gain maximum market traction.

  • November 2023: Samsung Electronics Co., Ltd. announced the global rollout of Temporary Cloud Backup, a secure and easy way to save and transfer important data. In situations where Samsung Galaxy users may experience anxiety about losing their data, including photos, videos, and private files, this feature is designed to provide comfort and reassurance. It highlights Samsung’s continued commitment to delivering powerful, connected experiences that help make users’ lives easier.
  • November 2023: Acronis, a global player in cyber protection, and Sourcepass, Inc. have announced their official partnership with the Philadelphia 76ers. The partnership will enhance the NBA team'steam's data backup strategy using Acronis'Acronis' advanced technology solutions to protect critical data and systems.The collaboration involving Sourcepass, the Philadelphia 76ers, and Acronis, represents a momentous achievement in Acronis' TeamUp mission to equip professional sports teams with world-class data hybrid cloud backup

Cloud Backup Market Leaders

  1. Dell EMC

  2. IBM Corporation

  3. Backblaze Inc.

  4. Barracuda Networks, Inc.

  5. Microsoft Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Cloud Backup Market Concentration
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Cloud Backup Market News

  • August 2023: Oracle announced the new Oracle Cloud for Australian Government and Defense in Canberra to meet rapidly growing global demand from public sector organizations. Offering over 100 services, the new region is a complete and highly secure hyperscale cloud platform that permits consumers to build and run applications. It is physically separated from Oracle’s other government and public cloud regions. It shares no backbone connections, including the existing Sydney and Melbourne general regions available to all Oracle Cloud customers. The completed IRAP assessment at the PROTECTED level assures Australian public sector institutions that Oracle Cloud for the Australian Government and Defense adheres to appropriate security controls
  • June 2023: Impossible Cloud, the revolutionary cloud platform that offers decentralized, multi-service cloud solutions, reported the launch of its Partner Program, designed to enable partners and resellers to seamlessly implement, demo, and integrate Impossible Cloud’s efficient, performance-driven solutions into enterprise environments. The firm also reported global backup solutions providers as alliance partners. These include Comet Backup, an inaugural partner, as well as Acronis. Customers can now seamlessly utilize these companies’ fast, secure backup software with Impossible Cloud’s S3-compatible storage to safeguard data, ensure business continuity, and prepare for emergencies.

Cloud Backup Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Buyers/Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Assessment of the Impact of COVID-19 on the Industry

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Massive Growth in Data Generation Stimulating the Demand for Larger Storage Space at Low Cost
    • 5.1.2 Increasing Adoption of SaaS and Other Similar Solutions
    • 5.1.3 Increasing Adoption of Cloud Computing Amongst Enterprises
  • 5.2 Market Challenges
    • 5.2.1 Government Regulations and Compliance
    • 5.2.2 Privacy and Security Concerns regarding Cloud Storage

6. MARKET SEGMENTATION

  • 6.1 By Component
    • 6.1.1 Solution
    • 6.1.2 Services
  • 6.2 By Deployment Mode
    • 6.2.1 Public Cloud
    • 6.2.2 Private Cloud
    • 6.2.3 Hybrid Cloud
  • 6.3 By End-user Industry
    • 6.3.1 BFSI
    • 6.3.2 IT and Telecom
    • 6.3.3 Media and Entertainment
    • 6.3.4 Retail
    • 6.3.5 Healthcare
    • 6.3.6 Other End-user Industries
  • 6.4 By Geography
    • 6.4.1 North America
    • 6.4.2 Europe
    • 6.4.3 Asia-Pacific
    • 6.4.4 Latin America
    • 6.4.5 Rest of the World

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles*
    • 7.1.1 IBM Corporation
    • 7.1.2 Dell EMC
    • 7.1.3 Backblaze Inc.
    • 7.1.4 Acronis International GmbH
    • 7.1.5 Arcserve LLC
    • 7.1.6 Rubrik
    • 7.1.7 Veritas Technologies
    • 7.1.8 Barracuda Networks Inc.
    • 7.1.9 Carbonite Inc.
    • 7.1.10 Commvault Systems Inc.
    • 7.1.11 Cohesity Inc.

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

**Subject to Availability
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Cloud Backup Industry Segmentation

Digital transformation is being embraced rapidly across organizations, increasing the demand for increasingly scalable and affordable backup and recovery solutions. Cloud backup provides a backup solution for the data and applications via a network or an internet connection to a physical or a virtual backup server, usually operated by a company, a hosting provider, or a cloud services provider.

The Cloud Backup and Recovery Market report is segmented by component (solution and services), deployment mode (public cloud, private cloud, and hybrid cloud), end-user industry (BFSI, IT & telecom, media & entertainment, retail, and healthcare), and Geography (North America, Europe, Asia Pacific, Latin America, and Rest of the World). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Component Solution
Services
By Deployment Mode Public Cloud
Private Cloud
Hybrid Cloud
By End-user Industry BFSI
IT and Telecom
Media and Entertainment
Retail
Healthcare
Other End-user Industries
By Geography North America
Europe
Asia-Pacific
Latin America
Rest of the World
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Cloud Backup Market Research FAQs

How big is the Cloud Backup Market?

The Cloud Backup Market size is expected to reach USD 7.13 billion in 2025 and grow at a CAGR of 24.84% to reach USD 21.62 billion by 2030.

What is the current Cloud Backup Market size?

In 2025, the Cloud Backup Market size is expected to reach USD 7.13 billion.

Who are the key players in Cloud Backup Market?

Dell EMC, IBM Corporation, Backblaze Inc., Barracuda Networks, Inc. and Microsoft Corporation are the major companies operating in the Cloud Backup Market.

Which is the fastest growing region in Cloud Backup Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Cloud Backup Market?

In 2025, the North America accounts for the largest market share in Cloud Backup Market.

What years does this Cloud Backup Market cover, and what was the market size in 2024?

In 2024, the Cloud Backup Market size was estimated at USD 5.36 billion. The report covers the Cloud Backup Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Cloud Backup Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Cloud Backup Industry Report

Statistics for the 2025 Cloud Backup market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Cloud Backup analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.