TECH SUPPLIER Apr 2020 - Market Presentation - Doc # US46241620
Purpose-Built Backup Appliances: 2019 Results and 2020 Concerns
This IDC Market Presentation examines the purpose-built backup appliance (PBBA) market, which totaled $1.14 billion in the fourth quarter of 2019. On the year, total worldwide revenue was $4.1 billion compared with $3.9 billion in 2018. It is important to note that we added a number of emerging products from vendors such as Rubrik, Cohesity, Commvault, and Pure to our "other" category. Despite the overall growth of the market over the years, our 2020 forecast is quite cautious based on anticipated impact from COVID-19. This IDC Market Presentation details the results for 2019 and discusses our assumptions for 2020.