Cloud Backup Market Poised to Take Off by 2026
Cloud backup also known as online backup or remote backup is an alternative to conventional backup. Cloud backup aids in creating, editing, managing, and restoring data backup. Increasing volume of data is the major factor leading to high demand for cloud backup. According to Coherent Market Insights by 2025, the data sphere will reach up to 163 zettabytes. Increasing adoption of software-as-a-service and various advantages of cloud backup such as easy installation, cost effectiveness, performance, scalability, and flexibility have also accelerated growth of the market
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