Top Data Backup and Recovery Software Companies in Global [Updated] | Global Growth Insights

In today’s digital world, data is a critical asset for businesses of all sizes. With the growing dependency on data to drive operations, innovation, and decision-making, safeguarding that data through reliable backup and recovery solutions is more important than ever. Data loss, whether from hardware failures, human error, or cyberattacks, can have devastating consequences for any organization. As a result, the demand for data backup and recovery software continues to rise, with many companies offering specialized solutions to meet the diverse needs of various industries.

In this comprehensive blog, we will explore the leading companies in the data backup and recovery software market, focusing on their recent performance, market position, and future growth opportunities. This analysis will provide valuable insights into how the top players are addressing the challenges and opportunities in this fast-evolving sector. We will conclude with a look at the overall market trends and what lies ahead for this critical industry.

According to the latest study by Global Growth Insights, the global data backup and recovery software market was valued at USD 5,450.6 million in 2023. With increasing demand from downstream markets, the market is projected to reach USD 10,730 million by 2030, growing at a compound annual growth rate (CAGR) of 10.2% during the forecast period

What is Data Backup and Recovery Software?

Data backup and recovery software is a specialized tool designed to safeguard critical data by creating copies of files, applications, and entire systems, which can be restored in the event of data loss due to hardware failures, cyberattacks, accidental deletions, or natural disasters. This software ensures that businesses and individuals can recover their data quickly and efficiently, minimizing downtime and loss of valuable information. It typically supports a variety of storage options, including on-premises servers, cloud-based platforms, or hybrid systems, and often includes automated backup schedules, encryption, and disaster recovery features to enhance data protection and business continuity.

Global Growth Insights unveils the top global Data Backup and Recovery Software Companies:

1. Veritas Technologies (US)

Headquarters: Santa Clara, California, USA
Revenue (Past Year): $2.6 billion
CAGR: 5.3%

Veritas Technologies is a global leader in data protection and management solutions. The company’s flagship products, such as Veritas Backup Exec and NetBackup, provide enterprise-level data backup, recovery, and storage management solutions. Veritas focuses on hybrid cloud environments, ensuring seamless backup and recovery across on-premises data centers and public clouds. With a strong commitment to innovation, Veritas continues to expand its offerings in data protection, archiving, and cloud-based recovery solutions.

2. Veeam (Switzerland)

Headquarters: Baar, Switzerland
Revenue (Past Year): $1.3 billion
CAGR: 6.7%

Veeam has positioned itself as a top provider of backup solutions for cloud, virtual, and physical environments. Known for its Veeam Backup & Replication software, Veeam’s products are designed for businesses of all sizes, from small enterprises to global corporations. The company’s focus on cloud-native solutions and continuous innovation in backup and disaster recovery has enabled it to maintain strong growth, especially in the cloud data management space. Veeam is particularly known for its ease of use, scalability, and fast recovery times.

3. Acronis (Switzerland/Singapore)

Headquarters: Schaffhausen, Switzerland; Singapore
Revenue (Past Year): $250 million
CAGR: 7.2%

Acronis is a global leader in cyber protection, offering solutions that combine data backup, disaster recovery, and cybersecurity. The company’s flagship product, Acronis Cyber Protect, integrates advanced backup features with cybersecurity measures, addressing the increasing demand for secure data protection. Acronis has a strong presence in both the consumer and business sectors, with a particular focus on providing integrated solutions for data protection, endpoint management, and cloud backup.

4. StorageCraft (US)

Headquarters: Draper, Utah, USA
Revenue (Past Year): $125 million
CAGR: 6.0%

StorageCraft specializes in business continuity solutions, offering data backup, disaster recovery, and cloud services. Its ShadowProtect product is widely used for its efficient, high-speed backup and recovery capabilities, particularly in small and medium-sized enterprises (SMEs). StorageCraft’s focus on cloud-based backup and its ability to scale up to meet enterprise needs have made it a key player in the market. Recently acquired by Arcserve, StorageCraft is positioned for continued growth in the business continuity and disaster recovery space.

5. NetApp (US)

Headquarters: Sunnyvale, California, USA
Revenue (Past Year): $6.3 billion
CAGR: 4.8%

NetApp is a leading provider of data storage and management solutions, with a strong emphasis on cloud data services. The company’s backup and recovery solutions are integrated into its broader portfolio of hybrid cloud services, enabling organizations to manage data across multi-cloud environments. NetApp’s innovative approach to cloud-native backup solutions and its focus on enterprise data management have positioned the company as a leading player in the data protection market. NetApp also offers a comprehensive set of tools for data replication and disaster recovery.

6. Code42 (US)

Headquarters: Minneapolis, Minnesota, USA
Revenue (Past Year): $100 million
CAGR: 5.5%

Code42 specializes in endpoint data protection and backup solutions, particularly for organizations that need to protect sensitive and high-value data from insider threats. Its flagship product, Incydr, focuses on data loss protection by continuously monitoring and securing critical business data. Code42's backup solutions are primarily cloud-based, making them highly scalable and cost-effective for businesses that prioritize data security and compliance. The company has gained a strong foothold in sectors like technology, financial services, and education.

7. Commvault (US)

Headquarters: Tinton Falls, New Jersey, USA
Revenue (Past Year): $723 million
CAGR: 6.4%

Commvault is a global leader in enterprise backup, recovery, and data management solutions. The company’s software helps organizations manage, protect, and recover data across on-premises, cloud, and hybrid environments. Commvault’s award-winning product suite includes data protection, information management, and disaster recovery solutions, all aimed at providing customers with fast, secure, and scalable options for data management. With its strong focus on innovation, Commvault has been at the forefront of developing advanced backup technologies for complex IT environments.

8. Kaseya (Unitrends) (US)

Headquarters: Miami, Florida, USA
Revenue (Past Year): $275 million
CAGR: 6.0%

Kaseya, through its subsidiary Unitrends, provides backup and disaster recovery solutions tailored to the needs of small and medium-sized businesses. Unitrends’ products are known for their simplicity, reliability, and cost-effectiveness. Kaseya’s acquisition of Unitrends has further strengthened its offering by integrating backup and recovery solutions with Kaseya’s broader IT management suite. This integration allows businesses to streamline their IT operations while ensuring robust data protection and business continuity.

9. Datto (US)

Headquarters: Norwalk, Connecticut, USA
Revenue (Past Year): $615 million
CAGR: 6.9%

Datto is a leading provider of cloud-based software and technology solutions designed for managed service providers (MSPs). The company’s offerings include data backup, disaster recovery, and business continuity solutions specifically tailored for small and medium-sized businesses. Datto’s focus on the MSP market has enabled it to become a major player in the data backup and recovery industry, particularly in providing solutions that help businesses recover quickly from ransomware and other cybersecurity threats.

10. Zoolz (Genie9) (UK)

Headquarters: London, UK
Revenue (Past Year): $20 million
CAGR: 5.0%

Zoolz, part of the Genie9 family, is a cloud-based backup solution that offers cold storage for businesses looking for cost-effective long-term data retention. The company's hybrid cloud backup services provide secure, encrypted storage for critical data, with solutions aimed at both businesses and individual users. Zoolz has positioned itself as a leading provider of cold data storage, offering an affordable and scalable solution for organizations that need to archive large amounts of data while maintaining easy access when needed.

11. Wondershare (China)

Headquarters: Shenzhen, China
Revenue (Past Year): $180 million
CAGR: 6.3%

Wondershare offers a variety of software products, with a growing presence in the data backup and recovery sector. Its popular Recoverit software provides comprehensive data recovery solutions for individuals and businesses. Wondershare’s ease of use, affordability, and strong customer support have made its software popular among small businesses and individual users looking for reliable backup and recovery tools. The company’s products are known for their wide range of file type recovery options, making them suitable for a variety of data loss scenarios.

12. Softland Romania (Romania)

Headquarters: Cluj-Napoca, Romania
Revenue (Past Year): $12 million
CAGR: 4.2%

Softland Romania specializes in backup solutions for both personal and enterprise use. Its flagship product, Backup4all, is known for its flexibility and user-friendly interface, making it a popular choice for small and medium-sized businesses. Softland’s commitment to providing customizable backup solutions that support various storage destinations, including local, network, and cloud, has helped it gain a steady customer base in Europe and beyond.

13. NTI Corporation (US)

Headquarters: Irvine, California, USA
Revenue (Past Year): $30 million
CAGR: 4.8%

NTI Corporation offers comprehensive backup and recovery software aimed at the consumer and small business markets. Its popular product, NTI Backup Now, provides simple, user-friendly backup solutions for Windows users. NTI’s focus on ease of use and affordability has made its products widely used by individuals and small businesses seeking reliable data protection without the complexities of enterprise-level software.

14. EaseUS (China)

Headquarters: Chengdu, China
Revenue (Past Year): $60 million
CAGR: 5.5%

provider of data backup, recovery, and partition management solutions. Its flagship product, EaseUS Todo Backup, is widely used by both consumers and businesses for comprehensive data protection and recovery. EaseUS stands out for its simplicity and broad feature set, which includes full system backups, file-level backups, disk cloning, and disaster recovery options. The company has built a strong reputation for offering reliable, easy-to-use, and affordable solutions for data backup and recovery across multiple platforms, including Windows and macOS.

15. Strengthsoft (US)

Headquarters: New York, USA
Revenue (Past Year): $10 million
CAGR: 4.5%

Strengthsoft provides cloud-based backup and recovery solutions with a focus on small and medium-sized enterprises (SMEs). Its software is designed to offer businesses an affordable, secure, and scalable way to back up critical data and ensure business continuity. Strengthsoft’s offerings are particularly popular among companies looking for robust data protection without the need for complex IT infrastructure. The company has been steadily growing its market share by offering customized backup solutions for specific industries, such as healthcare and finance.

Key Features and Functions:

1. Data Backup:

• Creating Data Copies: The software creates copies of important files, applications, databases, or entire systems and stores them in a secure location (either on-premises or in the cloud).
• Backup Scheduling: Users can schedule regular backups at predefined intervals (daily, weekly, etc.) to ensure continuous data protection without manual intervention.
• Incremental/Differential Backups: Instead of backing up the entire data set each time, incremental and differential backups only save the changes made since the last backup, reducing storage needs and backup time.
• Full Backups: This involves creating a complete copy of all data, which is usually done periodically to provide a comprehensive restore point.
1. Data Recovery:
• Restoring Data: In the event of data loss, corruption, or system failure, the software allows users to restore files, applications, or entire systems from backup copies. Recovery can be done on the same device or to another machine.
• Disaster Recovery: For businesses, disaster recovery is essential for restoring critical operations after major disruptions such as cyberattacks, hardware failures, or natural disasters.
• Granular Restore: Some advanced solutions enable selective recovery, allowing users to restore specific files, folders, or individual databases rather than the entire backup.
2. Cloud and Hybrid Backup Solutions:
• Cloud Backup: Many modern data backup and recovery solutions integrate with cloud services, allowing data to be backed up securely to cloud storage. Cloud backups are accessible from anywhere and provide an extra layer of protection in case of on-premises failures.
• Hybrid Solutions: These solutions combine both on-premises and cloud backup to offer more flexibility and redundancy, ensuring fast local recovery as well as off-site protection for disaster recovery.
3. Security and Encryption:
• Data Encryption: Most backup software provides encryption during both backup and recovery processes to protect sensitive data from unauthorized access, whether the data is stored locally or in the cloud.
• Ransomware Protection: Some solutions offer ransomware protection features that detect and prevent unauthorized changes to files during the backup process, ensuring that only clean data is backed up.
4. Compression and Deduplication:
• Compression: To save storage space, backup software compresses data, reducing the amount of storage needed to save the backups.
• Deduplication: This feature eliminates duplicate copies of data, ensuring that only unique data is stored in the backup, which further optimizes storage usage.
5. Backup for Multiple Platforms:
• Data backup and recovery software typically supports various platforms, including servers, desktops, laptops, mobile devices, and even cloud environments. This ensures that businesses and individuals can protect data across a range of devices and operating systems.

Types of Data Backup:

• Full Backup: A complete backup of all files, data, or systems.
• Incremental Backup: Only the changes made since the last backup are saved.
• Differential Backup: Similar to incremental backup but saves changes made since the last full backup.
• Continuous Data Protection (CDP): Provides real-time backup of data as it is created or modified, offering the most up-to-date restore points.

Common Uses:

1. Business Continuity and Disaster Recovery (BCDR): Backup and recovery software ensures that organizations can quickly recover critical data and resume operations after an incident.
2. Data Protection Against Cyber Threats: Backup solutions offer an essential line of defense against cyber threats like ransomware by enabling users to restore clean versions of compromised files.
3. Compliance: Many industries (e.g., healthcare, finance) are required to retain data backups for regulatory compliance, and backup software helps meet these obligations.
4. Protection Against Human Error: Unintentional deletion or file corruption can result in data loss, and backup software allows businesses and individuals to restore lost data.

Why Is Data Backup and Recovery Software Important?

• Prevents Data Loss: Whether due to accidental deletion, hardware failure, or cyberattacks, backup solutions provide a safety net to recover lost or damaged data.
• Ensures Business Continuity: In the event of a disaster or significant system failure, having a reliable backup and recovery plan helps businesses avoid downtime and revenue loss.
• Cost-Effective: Recovering data from backup is far less expensive than trying to rebuild lost data from scratch or suffering operational downtime.

Conclusion: The Future of the Data Backup and Recovery Software Market

The global data backup and recovery software market is evolving rapidly due to the increasing volume of data generated by businesses, the rise in cyber threats such as ransomware, and the growing complexity of IT environments. Companies like Veritas Technologies, Veeam, and Acronis are leading the charge by offering innovative, cloud-based solutions that ensure data security, business continuity, and fast recovery in case of data loss.

As businesses continue to move toward digital transformation, hybrid cloud environments, and remote workforces, the demand for efficient and scalable data protection solutions will only increase. The companies mentioned in this article are well-positioned to address these needs by offering a wide range of solutions that cater to organizations of all sizes, from small businesses to large enterprises.

Moreover, the integration of artificial intelligence (AI) and machine learning (ML) into backup and recovery systems is expected to revolutionize the industry. These technologies will enable predictive analytics for proactive data protection, better optimization of storage resources, and more intelligent disaster recovery solutions. Additionally, the increasing adoption of cloud services and the growing importance of regulatory compliance (such as GDPR and HIPAA) will further drive innovation in the market.

In conclusion, the future of the data backup and recovery software market looks promising, with continuous advancements in technology and growing awareness of the importance of data protection. As businesses continue to recognize the critical role of their data, the market is expected to witness significant growth in the coming years. The companies leading this sector, through their focus on innovation, security, and scalability, will continue to shape the industry and provide the tools necessary for safeguarding the digital assets of organizations around the world.