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North America Cloud Backup Market Size, Share & Trends Analysis Report By Component (Solutions and Services), By Solutions, By Enterprise Size, By Deployment, By Service Providers, By End Use, By Country and Growth Forecast, 2024 - 2031

Published Date : 09-Sep-2024

Pages: 132

Formats: PDF

The North America Cloud Backup Market would witness market growth of 23.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America Cloud Backup Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5,792.3 million by 2031. The Canada market is experiencing a CAGR of 25.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 24.9% during (2024 - 2031).

North America Cloud Backup Market

The growing adoption of hybrid cloud environments contributes to expanding the cloud backup market. Hybrid cloud environments combine public cloud services with on-premises infrastructure, offering businesses greater flexibility and control over their data.

Moreover, cloud backup solutions are well-suited to hybrid environments, as they can integrate with both cloud and on-premises systems to provide a comprehensive backup strategy. This is especially advantageous for organizations that wish to preserve sensitive data on-premises while simultaneously leveraging the cloud's cost savings and scalability for less critical data.

With many businesses shifting to digital platforms, the demand for secure and scalable cloud backup solutions has surged across the region. Governments in North America have implemented regulations that mandate robust data protection practices, further accelerating the adoption of cloud backups. In the United States, the growing cybersecurity concerns have been a major driver of cloud backup adoption. The increasing frequency of cyberattacks, including ransomware and data breaches, has pressured businesses to invest in robust data protection strategies. According to the Federal Bureau of Investigation (FBI), cybercrime incidents reported to the Internet Crime Complaint Center (IC3) reached over 880,418, with a cumulative loss of 12.5 billion USD in 2023.

Free Valuable Insights: The Cloud Backup Market is Predict to reach USD 24.1 Billion by 2031, at a CAGR of 24%

Based on Component, the market is segmented into Solutions and Services. Based on Solutions, the market is segmented into Primary Storage, Disaster Recovery, and Backup Storage. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on Deployment, the market is segmented into Public Cloud, Private Cloud, and Hybrid Cloud. Based on Service Providers, the market is segmented into Cloud, Managed, Telecom & Communication, and Others. Based on End Use, the market is segmented into BFSI, IT & ITES, Healthcare, Retail & E-commerce, Manufacturing, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Acronis International GmbH
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Asigra Inc.
  • Backblaze, Inc.
  • Dropbox, Inc.
  • IDrive Inc.
  • IBM Corporation
  • Microsoft Corporation
  • Open Text Corporation
  • Google LLC

North America Cloud Backup Market Report Segmentation

By Component

  • Solutions
    • Primary Storage
    • Disaster Recovery
    • Backup Storage
  • Services

By Enterprise Size

  • Large Enterprises
  • SMEs

By Deployment

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By Service Providers

  • Cloud
  • Managed
  • Telecom & Communication
  • Others

By End Use

  • BFSI
  • IT & ITES
  • Healthcare
  • Retail & E-commerce
  • Manufacturing
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cloud Backup Market, by Component
1.4.2 North America Cloud Backup Market, by Enterprise Size
1.4.3 North America Cloud Backup Market, by Deployment
1.4.4 North America Cloud Backup Market, by Service Providers
1.4.5 North America Cloud Backup Market, by End Use
1.4.6 North America Cloud Backup Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2023, Mar – 2024, Jun) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. North America Cloud Backup Market by Component
5.1 North America Solutions Market by Region
5.2 North America Cloud Backup Market By Solutions Type
5.2.1 North America Primary Storage Market by Country
5.2.2 North America Disaster Recovery Market by Country
5.2.3 North America Backup Storage Market by Country
5.3 North America Services Market by Region

Chapter 6. North America Cloud Backup Market by Enterprise Size
6.1 North America Large Enterprises Market by Country
6.2 North America SMEs Market by Country

Chapter 7. North America Cloud Backup Market by Deployment
7.1 North America Public Cloud Market by Country
7.2 North America Private Cloud Market by Country
7.3 North America Hybrid Cloud Market by Country

Chapter 8. North America Cloud Backup Market by Service Providers
8.1 North America Cloud Market by Country
8.2 North America Managed Market by Country
8.3 North America Telecom & Communication Market by Country
8.4 North America Others Market by Country

Chapter 9. North America Cloud Backup Market by End Use
9.1 North America BFSI Market by Country
9.2 North America IT & ITES Market by Country
9.3 North America Healthcare Market by Country
9.4 North America Retail & E-commerce Market by Country
9.5 North America Manufacturing Market by Country
9.6 North America Others Market by Country

Chapter 10. North America Cloud Backup Market by Country
10.1 US Cloud Backup Market
10.1.1 US Cloud Backup Market by Component
10.1.1.1 US Cloud Backup Market By Solutions Type
10.1.2 US Cloud Backup Market by Enterprise Size
10.1.3 US Cloud Backup Market by Deployment
10.1.4 US Cloud Backup Market by Service Providers
10.1.5 US Cloud Backup Market by End Use
10.2 Canada Cloud Backup Market
10.2.1 Canada Cloud Backup Market by Component
10.2.1.1 Canada Cloud Backup Market By Solutions Type
10.2.2 Canada Cloud Backup Market by Enterprise Size
10.2.3 Canada Cloud Backup Market by Deployment
10.2.4 Canada Cloud Backup Market by Service Providers
10.2.5 Canada Cloud Backup Market by End Use
10.3 Mexico Cloud Backup Market
10.3.1 Mexico Cloud Backup Market by Component
10.3.1.1 Mexico Cloud Backup Market By Solutions Type
10.3.2 Mexico Cloud Backup Market by Enterprise Size
10.3.3 Mexico Cloud Backup Market by Deployment
10.3.4 Mexico Cloud Backup Market by Service Providers
10.3.5 Mexico Cloud Backup Market by End Use
10.4 Rest of North America Cloud Backup Market
10.4.1 Rest of North America Cloud Backup Market by Component
10.4.1.1 Rest of North America Cloud Backup Market By Solutions Type
10.4.2 Rest of North America Cloud Backup Market by Enterprise Size
10.4.3 Rest of North America Cloud Backup Market by Deployment
10.4.4 Rest of North America Cloud Backup Market by Service Providers
10.4.5 Rest of North America Cloud Backup Market by End Use

Chapter 11. Company Profiles
11.1 Acronis International GmbH
11.1.1 Company Overview
11.2 Asigra Inc.
11.2.1 Company Overview
11.3 Backblaze, Inc.
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Regional Analysis
11.3.4 Research & Development Expenses
11.4 IDrive Inc.
11.4.1 Company Overview
11.5 Amazon Web Services, Inc. (Amazon.com, Inc.)
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental Analysis
11.5.4 Recent strategies and developments:
11.5.4.1 Partnerships, Collaborations, and Agreements:
11.5.5 SWOT Analysis
11.6 Dropbox, Inc.
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Recent strategies and developments:
11.6.3.1 Acquisition and Mergers:
11.7 IBM Corporation
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Regional & Segmental Analysis
11.7.4 Research & Development Expenses
11.7.5 Recent strategies and developments:
11.7.5.1 Partnerships, Collaborations, and Agreements:
11.7.6 SWOT Analysis
11.8 Microsoft Corporation
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Segmental and Regional Analysis
11.8.4 Research & Development Expenses
11.8.5 Recent strategies and developments:
11.8.5.1 Product Launches and Product Expansions:
11.8.6 SWOT Analysis
11.9 Open Text Corporation
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Segmental and Regional Analysis
11.9.4 Research & Development Expenses
11.9.5 Recent strategies and developments:
11.9.5.1 Product Launches and Product Expansions:
11.9.6 SWOT Analysis
11.10. Google LLC (Alphabet Inc.)
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 Research & Development Expense
11.10.5 Recent strategies and developments:
11.10.5.1 Partnerships, Collaborations, and Agreements:
11.10.5.2 Product Launches and Product Expansions:
11.10.5.3 Acquisition and Mergers:
11.10.6 SWOT Analysis
TABLE 1 North America Cloud Backup Market, 2020 - 2023, USD Million
TABLE 2 North America Cloud Backup Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cloud Backup Market
TABLE 4 Product Launches And Product Expansions– Cloud Backup Market
TABLE 5 Acquisition and Mergers– Cloud Backup Market
TABLE 6 North America Cloud Backup Market by Component, 2020 - 2023, USD Million
TABLE 7 North America Cloud Backup Market by Component, 2024 - 2031, USD Million
TABLE 8 North America Solutions Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Solutions Market by Region, 2024 - 2031, USD Million
TABLE 10 North America Cloud Backup Market By Solutions Type, 2020 - 2023, USD Million
TABLE 11 North America Cloud Backup Market By Solutions Type, 2024 - 2031, USD Million
TABLE 12 North America Primary Storage Market by Country, 2020 - 2023, USD Million
TABLE 13 North America Primary Storage Market by Country, 2024 - 2031, USD Million
TABLE 14 North America Disaster Recovery Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Disaster Recovery Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Backup Storage Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Backup Storage Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Services Market by Region, 2020 - 2023, USD Million
TABLE 19 North America Services Market by Region, 2024 - 2031, USD Million
TABLE 20 North America Cloud Backup Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 21 North America Cloud Backup Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 22 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 24 North America SMEs Market by Country, 2020 - 2023, USD Million
TABLE 25 North America SMEs Market by Country, 2024 - 2031, USD Million
TABLE 26 North America Cloud Backup Market by Deployment, 2020 - 2023, USD Million
TABLE 27 North America Cloud Backup Market by Deployment, 2024 - 2031, USD Million
TABLE 28 North America Public Cloud Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Public Cloud Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Private Cloud Market by Country, 2020 - 2023, USD Million
TABLE 31 North America Private Cloud Market by Country, 2024 - 2031, USD Million
TABLE 32 North America Hybrid Cloud Market by Country, 2020 - 2023, USD Million
TABLE 33 North America Hybrid Cloud Market by Country, 2024 - 2031, USD Million
TABLE 34 North America Cloud Backup Market by Service Providers, 2020 - 2023, USD Million
TABLE 35 North America Cloud Backup Market by Service Providers, 2024 - 2031, USD Million
TABLE 36 North America Cloud Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Cloud Market by Country, 2024 - 2031, USD Million
TABLE 38 North America Managed Market by Country, 2020 - 2023, USD Million
TABLE 39 North America Managed Market by Country, 2024 - 2031, USD Million
TABLE 40 North America Telecom & Communication Market by Country, 2020 - 2023, USD Million
TABLE 41 North America Telecom & Communication Market by Country, 2024 - 2031, USD Million
TABLE 42 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 43 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 44 North America Cloud Backup Market by End Use, 2020 - 2023, USD Million
TABLE 45 North America Cloud Backup Market by End Use, 2024 - 2031, USD Million
TABLE 46 North America BFSI Market by Country, 2020 - 2023, USD Million
TABLE 47 North America BFSI Market by Country, 2024 - 2031, USD Million
TABLE 48 North America IT & ITES Market by Country, 2020 - 2023, USD Million
TABLE 49 North America IT & ITES Market by Country, 2024 - 2031, USD Million
TABLE 50 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 51 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 52 North America Retail & E-commerce Market by Country, 2020 - 2023, USD Million
TABLE 53 North America Retail & E-commerce Market by Country, 2024 - 2031, USD Million
TABLE 54 North America Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 55 North America Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 56 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 57 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 58 North America Cloud Backup Market by Country, 2020 - 2023, USD Million
TABLE 59 North America Cloud Backup Market by Country, 2024 - 2031, USD Million
TABLE 60 US Cloud Backup Market, 2020 - 2023, USD Million
TABLE 61 US Cloud Backup Market, 2024 - 2031, USD Million
TABLE 62 US Cloud Backup Market by Component, 2020 - 2023, USD Million
TABLE 63 US Cloud Backup Market by Component, 2024 - 2031, USD Million
TABLE 64 US Cloud Backup Market By Solutions Type, 2020 - 2023, USD Million
TABLE 65 US Cloud Backup Market By Solutions Type, 2024 - 2031, USD Million
TABLE 66 US Cloud Backup Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 67 US Cloud Backup Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 68 US Cloud Backup Market by Deployment, 2020 - 2023, USD Million
TABLE 69 US Cloud Backup Market by Deployment, 2024 - 2031, USD Million
TABLE 70 US Cloud Backup Market by Service Providers, 2020 - 2023, USD Million
TABLE 71 US Cloud Backup Market by Service Providers, 2024 - 2031, USD Million
TABLE 72 US Cloud Backup Market by End Use, 2020 - 2023, USD Million
TABLE 73 US Cloud Backup Market by End Use, 2024 - 2031, USD Million
TABLE 74 Canada Cloud Backup Market, 2020 - 2023, USD Million
TABLE 75 Canada Cloud Backup Market, 2024 - 2031, USD Million
TABLE 76 Canada Cloud Backup Market by Component, 2020 - 2023, USD Million
TABLE 77 Canada Cloud Backup Market by Component, 2024 - 2031, USD Million
TABLE 78 Canada Cloud Backup Market By Solutions Type, 2020 - 2023, USD Million
TABLE 79 Canada Cloud Backup Market By Solutions Type, 2024 - 2031, USD Million
TABLE 80 Canada Cloud Backup Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 81 Canada Cloud Backup Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 82 Canada Cloud Backup Market by Deployment, 2020 - 2023, USD Million
TABLE 83 Canada Cloud Backup Market by Deployment, 2024 - 2031, USD Million
TABLE 84 Canada Cloud Backup Market by Service Providers, 2020 - 2023, USD Million
TABLE 85 Canada Cloud Backup Market by Service Providers, 2024 - 2031, USD Million
TABLE 86 Canada Cloud Backup Market by End Use, 2020 - 2023, USD Million
TABLE 87 Canada Cloud Backup Market by End Use, 2024 - 2031, USD Million
TABLE 88 Mexico Cloud Backup Market, 2020 - 2023, USD Million
TABLE 89 Mexico Cloud Backup Market, 2024 - 2031, USD Million
TABLE 90 Mexico Cloud Backup Market by Component, 2020 - 2023, USD Million
TABLE 91 Mexico Cloud Backup Market by Component, 2024 - 2031, USD Million
TABLE 92 Mexico Cloud Backup Market By Solutions Type, 2020 - 2023, USD Million
TABLE 93 Mexico Cloud Backup Market By Solutions Type, 2024 - 2031, USD Million
TABLE 94 Mexico Cloud Backup Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 95 Mexico Cloud Backup Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 96 Mexico Cloud Backup Market by Deployment, 2020 - 2023, USD Million
TABLE 97 Mexico Cloud Backup Market by Deployment, 2024 - 2031, USD Million
TABLE 98 Mexico Cloud Backup Market by Service Providers, 2020 - 2023, USD Million
TABLE 99 Mexico Cloud Backup Market by Service Providers, 2024 - 2031, USD Million
TABLE 100 Mexico Cloud Backup Market by End Use, 2020 - 2023, USD Million
TABLE 101 Mexico Cloud Backup Market by End Use, 2024 - 2031, USD Million
TABLE 102 Rest of North America Cloud Backup Market, 2020 - 2023, USD Million
TABLE 103 Rest of North America Cloud Backup Market, 2024 - 2031, USD Million
TABLE 104 Rest of North America Cloud Backup Market by Component, 2020 - 2023, USD Million
TABLE 105 Rest of North America Cloud Backup Market by Component, 2024 - 2031, USD Million
TABLE 106 Rest of North America Cloud Backup Market By Solutions Type, 2020 - 2023, USD Million
TABLE 107 Rest of North America Cloud Backup Market By Solutions Type, 2024 - 2031, USD Million
TABLE 108 Rest of North America Cloud Backup Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 109 Rest of North America Cloud Backup Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 110 Rest of North America Cloud Backup Market by Deployment, 2020 - 2023, USD Million
TABLE 111 Rest of North America Cloud Backup Market by Deployment, 2024 - 2031, USD Million
TABLE 112 Rest of North America Cloud Backup Market by Service Providers, 2020 - 2023, USD Million
TABLE 113 Rest of North America Cloud Backup Market by Service Providers, 2024 - 2031, USD Million
TABLE 114 Rest of North America Cloud Backup Market by End Use, 2020 - 2023, USD Million
TABLE 115 Rest of North America Cloud Backup Market by End Use, 2024 - 2031, USD Million
TABLE 116 Key Information – Acronis International GmbH
TABLE 117 Key Information – Asigra Inc.
TABLE 118 Key Information – Backblaze, Inc.
TABLE 119 Key Information – IDrive Inc.
TABLE 120 Key Information – Amazon Web Services, Inc.
TABLE 121 Key information – Dropbox, Inc.
TABLE 122 Key Information – IBM Corporation
TABLE 123 Key Information – Microsoft Corporation
TABLE 124 Key Information – Open Text Corporation
TABLE 125 Key Information – Google LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Cloud Backup Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Cloud Backup Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2023, Mar – 2024, Jun) Leading Players
FIG 8 Porter’s Five Forces Analysis – Cloud Backup Market
FIG 9 North America Cloud Backup Market share by Component, 2023
FIG 10 North America Cloud Backup Market share by Component, 2031
FIG 11 North America Cloud Backup Market by Component, 2020 - 2031, USD Million
FIG 12 North America Cloud Backup Market share by Enterprise Size, 2023
FIG 13 North America Cloud Backup Market share by Enterprise Size, 2031
FIG 14 North America Cloud Backup Market by Enterprise Size, 2020 - 2031, USD Million
FIG 15 North America Cloud Backup Market share by Deployment, 2023
FIG 16 North America Cloud Backup Market share by Deployment, 2031
FIG 17 North America Cloud Backup Market by Deployment, 2020 - 2031, USD Million
FIG 18 North America Cloud Backup Market share by Service Providers, 2023
FIG 19 North America Cloud Backup Market share by Service Providers, 2031
FIG 20 North America Cloud Backup Market by Service Providers, 2020 - 2031, USD Million
FIG 21 North America Cloud Backup Market share by End Use, 2023
FIG 22 North America Cloud Backup Market share by End Use, 2031
FIG 23 North America Cloud Backup Market by End Use, 2020 - 2031, USD Million
FIG 24 North America Cloud Backup Market share by Country, 2023
FIG 25 North America Cloud Backup Market share by Country, 2031
FIG 26 North America Cloud Backup Market by Country, 2020 - 2031, USD Million
FIG 27 SWOT Analysis: Amazon Web Services, Inc.
FIG 28 SWOT Analysis: IBM Corporation
FIG 29 SWOT Analysis: Microsoft Corporation
FIG 30 SWOT analysis: Open Text Corporation
FIG 31 SWOT Analysis: Google LLC

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