Veeam tops data backup and recovery software market with 15.1% global marketshare: Gartner
Digital Edge Bureau 26 Aug, 2024 0 comment(s)Veeam Software, the leading data resilience products & solutions provider, has been ranked number-1 by Gartner in its Market Share Analysis: Enterprise Backup and Recovery Software, Worldwide, 2023 report. The report says that Veeam Software notched up 15.1 percent global marketshare with a commensurate revenue accrual of $1.5 Billion in 2023.
Gartner states Veeam returned to double-digit growth after experiencing revenue growth of 9.4 percent in 2022. In 2023, it expanded its revenue by 11.8 percent and became number-1 in revenue and market share in the backup and recovery software market.
Anand Eswaran
CEO
Veeam Software
Anand Eswaran, CEO, Veeam Software, said, “Today, every organisation relies on the availability of data no matter what happens. When the worst happens – whether due to ransomware or a natural disaster or an inadvertent security update – data resilience is critical.” “At Veeam, we’re powering data resilience from backup and recovery to end-to-end ransomware protection for over 550,000 organisations in 150-plus countries around the world.”
Veeam solutions are purpose-built to empower organisations with data resilience, offering comprehensive capabilities for data backup, data recovery, data freedom, data security, and data intelligence. Veeam data platform is a single solution which provides secure backup with instant recovery from cyberthreats, helping keep regulatory compliance goals, while reducing risk for all company data either on premises or in the cloud.
With Veeam, IT and security leaders can trust that their applications and data will always be protected and available, regardless of the environment, including cloud, virtual, physical, SaaS, and Kubernetes.