Purpose-built Backup Appliance (PBBA) Market Expected to Reach US$ 8,114.6 Mn by 2026
According to a new market report published by Transparency Market Research, the global purpose-built backup appliance (PBBA) market was valued at US$ 3,427.9 Mn in 2016 and is expected to expand at a CAGR of 9.3% from 2018 to 2026, reaching US$ 8,114.6 Mn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the purpose-built backup appliance (PBBA) market in 2016. Increasing need for data storage and protection drives the purpose-built backup appliance (PBBA) market Purpose-built backup appliance (PBBA) is a complete backup and recovery solution that includes software solutions such as file systems, disk systems, and object storage. Purpose-built backup appliance (PBBA) solutions are specifically designed for enterprises to protect enterprise data for backup and recovery. Moreover, these solutions are used to store and protect enterprise information in data centers or on hosted storage systems. The glob...