Virtual machine backup and recovery is the method that reduces the amount of data across the enterprises. Furthermore, it optimizes the operation of restoring data. Virtual machine backup is an important task performed by backup and storage administrators.
Virtual server back-ups could be done using conventional backup software. The backup software is installed on each virtual machine and the backup runs normally to conventional backup target. This has the ability lead to resource contention. The performance of the virtual machines on the physical server being backed up could be compromised due to the additional resources needed to execute a backup. The use of virtualization-specific backup products interfacing directly with the virtualization platform and capture point-in-time snapshots of the entire virtual machine is done to address the issue of resource contention.
COVID-19 scenario analysis:
The COVID-19 outbreak has been the main catalyst for the rise in adoption of virtual machine backup and recovery. Enterprises, organizations, and governments are currently focusing on securing data from cyber-attacks across the globe.
The pandemic outbreak is likely to pose a huge risk of data escape from third-parties. Governments across the world have ramped up measures to adopt virtual machine backup and recovery platforms to swiftly respond to the COVID-19 crisis. This is expected to propel the demand for virtual machine backup and recovery among government agencies to ensure data privacy in response to increase in cyber espionage and fraudulent activities.
Top impacting factors: market scenario analysis, trends, drivers and impact analysis
The high importance of virtual machine backup or virtual server backup and recovery performed by storage and backup administrators and the increasing requirement of prevent environmental loss are the major factors driving the agentless virtual machine backup and recovery market. The high generation of data from small, medium, and large enterprises globally, rise in network security threats and cyber-attacks, and sharing of massive amount of data in an external and internal environment are making companies vulnerable to cybercrime accelerate the agentless market growth. With the emergence of smart operational technologies, there is growing trend of digitalization as companies are adopting digitized information and rising investment for the adoption of the industrial internet of things (IIoT) solutions to influence the agentless virtual machine backup and recovery market. Additionally, cloud-based services, complexity of information and penetration of third-party data, rise in the cyber safety, and complexity of information positively affect the agentless virtual machine backup and recovery market. Furthermore, growing need for cyber safety system extends profitable opportunities to the agentless virtual machine backup and recovery market players during the forecast period.
However, the high competition from open-source alternatives is expected to obstruct the agentless virtual machine backup and recovery virtual machine backup & recovery market growth. Rise in concerns regarding the efficiency of virtual machines as compared to real machines is projected to challenge the agentless virtual machine backup and recovery virtual machine backup & recovery market during the forecast period.
Key benefits of the report:
- This study presents the analytical depiction of the industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the virtual machine backup & recovery market share.
- The current market is quantitatively analyzed to highlight the virtual machine backup & recovery market growth scenario.
- The report provides a detailed market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the virtual machine backup & recovery market research report:
- Which are the leading market players active in the virtual machine backup & recovery market?
- What would be the detailed impact of COVID-19 on the virtual machine backup & recovery market?
- What current trends would influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
Virtual Machine Backup & Recovery Market Report Highlights
| Aspects | Details |
 By Deployment Type |
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 By Enterprise Size |
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 By Industry Vertical |
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 By Region |
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 Key Market Players | Acronis International GmbH, Veritas, Micro Focus, Storix, Inc, Amazon Web Services, Inc., NetJapan Inc., Veeam Software, RACKSPACE TECHNOLOGY, Microsoft, Vembu Technologies, Actifio Inc., MSP360, VMware, Inc, Commvault, Cisco, Quest Software Inc., IBM Corporation |
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