, /PRNewswire/ — SaaS Backup Software Market is Segmented by Type (Microsoft 365 Backup, Salesforce Backup, Google Workspace Backup), by Application (Large Enterprises, SMEs): Global Opportunity Analysis and Industry Forecast, 2024-2030.
The Global SaaS Backup Software Market was valued at USD 2492 Million in 2023 and is anticipated to reach USD 4813 Million by 2030, witnessing a CAGR of 9.7% during the forecast period 2024-2030.
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Major Factors Driving the Growth of SaaS Backup Software Market
The SaaS Backup Software Market is poised for strong growth as businesses continue to shift towards cloud-based environments and face increasing data security concerns. The demand for scalable, flexible, and compliant backup solutions is expected to remain high, particularly as cybersecurity threats intensify and regulatory requirements become more stringent. The adoption of SaaS backup software is likely to expand further as businesses prioritize data protection and business continuity in the digital age.
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TRENDS INFLUENCING THE GROWTH OF THE SAAS BACKUP SOFTWARE MARKET:
Microsoft 365 is one …