South Korea Cloud Backup Market Size & Outlook, 2025-2030
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South Korea cloud backup market highlights
- The South Korea cloud backup market generated a revenue of USD 147.1 million in 2024 and is expected to reach USD 642.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 28.8% from 2025 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Cloud backup market data book summary
| Market revenue in 2024 | USD 147.1 million |
| Market revenue in 2030 | USD 642.1 million |
| Growth rate | 28.8% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, Solution |
| Key market players worldwide | Acronis, Amazon.com Inc, Asigra, Backblaze Inc Class A, Datto, Dropbox Inc Class A, IDrive Inc., International Business Machines Corp, Microsoft Corp, Open Text Corp |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.7% of the global cloud backup market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cloud backup market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 964.7 million by 2030.
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Cloud Backup Market Scope
Cloud Backup Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| IDrive Inc. | View profile | 101-250 | Calabasas, California, United States, North America | http://www.idrive.com |
| Dropbox Inc Class A | View profile | 2693 | 1800 Owens Street, San Francisco, CA, United States, 94158 | https://www.dropbox.com |
| Datto | View profile | 501-1000 | Norwalk, Connecticut, United States, North America | http://datto.com/ |
| Backblaze Inc Class A | View profile | 381 | 201 Baldwin Avenue, San Mateo, CA, United States, 94401 | https://www.backblaze.com |
| Asigra | View profile | 51-100 | Toronto, Ontario, Canada, North America | http://www.asigra.com |
| Acronis | View profile | 1001-5000 | Schaffhausen, Schaffhausen, Switzerland, Europe | https://www.acronis.com/ |
| Open Text Corp | View profile | 23700 | 275 Frank Tompa Drive, Waterloo, ON, Canada, N2L 0A1 | https://www.opentext.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
South Korea cloud backup market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cloud backup market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 79.61% in 2024. Horizon Databook has segmented the South Korea cloud backup market based on services, solution covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea cloud backup market , including forecasts for subscribers. This country databook contains high-level insights into South Korea cloud backup market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea cloud backup market size, by component, 2018-2030 (US$M)
South Korea Cloud Backup Market Outlook Share, 2024 & 2030 (US$M)
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