The global Cloud Data Back-Up & Recovery Market is forecasted to be worth USD 19.91 Billion by 2027, according to a current analysis by Emergen Research. The growing cloud computing adoption, increasing demand for computer data storage, and increasing demand for data centers are anticipated to propel the cloud data backup and recovery market. The-usage of virtualization technology in data centers helps enterprises, through the use of a limited number of physical servers, to reduce capital expenditures and optimize resources. The concept of computer virtualization has the ability to reduce the cost of a data center by around 25%. This strategy is now increasingly being adopted by the majority of data centers, which is expected to further drive market growth.
Read More @https://www.emergenresearch.com/industry-report/cloud-data-back-up-recovery-market