China data backup and recovery market is estimated to grow considerably at a CAGR of 10.3% during the forecast period. China is one of the leading countries in Asia-Pacific that contributes to the growth of the data backup and recovery market. The factors that are augmenting the market growth include the availability of a large amount of enterprises data coupled with the rising concern regarding data security and recovery in large and small enterprises. By the rapid development of cloud computing, internet, mobile Internet, and big data applications, the pace of building a global data center is accelerating.

The other factors that are contributing to the growth of the market include increasing internet penetration in China. As per the Government of China, more than 800 million people were using the internet in 2018, as compared to 688 million in 2015. These numbers are further expected to grow during the forecast period, due to the supportive government initiative such as The Broadband China Project, which focuses on providing access to high-speed broadband networks to 95% of the country’s urban population. Moreover, the rapid adoption of cloud-based services in the country is also estimated to drive the growth cloud data backup and recovery solution in the market. The government views cloud computing as a strategic priority and included it in the nation’s 12th Five-Year Plan.

The market is segmented on the basis of deployment and application. Based on deployment, the market is further classified into on-premises and cloud-based. Among these, cloud-based data backup and recovery is estimated to witness significant growth during the forecast period. As, the cloud-based data backup and recovery platform offer flexibility, cost-effectiveness, easy accessibility, better efficiency, reliability, and ease of use. As a result, the enterprises are shifting towards cloud platforms to manage, store and recover data. Based on application, the market is further classified into media storage, email storage, and application storage. Media storage held a significant share in the market in 2018 owing to a large amount of media storage data coupled with the emerging adoption of mobile devices, such as smartphones and tablets. 

The companies which are contributing to the growth of China data backup and recovery market include Amazon Web Services, Inc., IBM Corp., Oracle Corp., Hewlett Packard Enterprise Co., and Microsoft Corp. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. 

Research Methodology

The market study of the China data backup and recovery market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.

Market Segmentation

1. China Data Backup and Recovery Market Research and Analysis by Deployment Type
2. China Data Backup and Recovery Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the China data backup and recovery market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the China data backup and recovery market.
• Insights about market determinants which are stimulating the China data backup and recovery market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.