| Product Code: ETC5544624 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The cloud backup market in Bhutan is experiencing growth due to increasing data volumes and the need for reliable data protection solutions. Businesses across various sectors are adopting cloud backup solutions to ensure the safety and availability of their critical data. The market is driven by the rise in cyber threats, data breaches, and the need for business continuity. Government policies supporting digital transformation and data security also play a crucial role in promoting the adoption of cloud backup services. However, challenges such as internet connectivity issues and the high cost of cloud services may impact the market`s growth.
The Bhutan Cloud Backup Market is driven by the increasing need for data protection and disaster recovery solutions among businesses and individuals. With the rising frequency of cyber threats and data breaches, organizations are investing more in reliable cloud backup solutions to safeguard their critical data. The market is also bolstered by the growing adoption of digital transformation initiatives and cloud computing, which necessitate efficient backup solutions. Additionally, the cost-effectiveness and scalability of cloud backup services are appealing to businesses of all sizes, further fueling market growth.
The cloud backup market in Bhutan faces several key challenges. One primary issue is the limited internet infrastructure and connectivity. Bhutans remote geography and mountainous terrain can hinder reliable and high-speed internet access, which is crucial for effective cloud backup services. Additionally, there is a lack of local data centers, which means that data may need to be stored in distant locations, potentially raising concerns about data sovereignty and latency. Moreover, the market suffers from a lack of awareness and understanding of cloud backup solutions among businesses and individuals, leading to slower adoption rates. Financial constraints also play a role, as the cost of implementing and maintaining cloud backup solutions may be prohibitive for smaller organizations and startups.
In Bhutan, the cloud backup market is influenced by government policies aimed at enhancing digital infrastructure and cybersecurity. The Bhutanese government has been supportive of technology adoption, including cloud services, to improve data management and security. Initiatives such as the Bhutan ICT Policy and the Digital Druk initiative reflect the government`s commitment to fostering a secure and efficient digital ecosystem. These policies encourage the use of cloud backup solutions by providing a framework for data protection and disaster recovery, ensuring that businesses and institutions can rely on secure and reliable backup solutions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bhutan Cloud Backup Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Cloud Backup Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Cloud Backup Market - Industry Life Cycle |
3.4 Bhutan Cloud Backup Market - Porter's Five Forces |
3.5 Bhutan Cloud Backup Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Bhutan Cloud Backup Market Revenues & Volume Share, By Service Provider, 2021 & 2031F |
3.7 Bhutan Cloud Backup Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
3.8 Bhutan Cloud Backup Market Revenues & Volume Share, By Deployment Model, 2021 & 2031F |
3.9 Bhutan Cloud Backup Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Bhutan Cloud Backup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of cloud computing technologies in Bhutan |
4.2.2 Growing awareness about data security and backup solutions |
4.2.3 Government initiatives promoting digital transformation in the country |
4.3 Market Restraints |
4.3.1 Limited internet infrastructure and connectivity in Bhutan |
4.3.2 Concerns about data privacy and compliance with regulations |
5 Bhutan Cloud Backup Market Trends |
6 Bhutan Cloud Backup Market Segmentations |
6.1 Bhutan Cloud Backup Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Cloud Backup Market Revenues & Volume, By Solution, 2021-2031F |
6.1.3 Bhutan Cloud Backup Market Revenues & Volume, By Service, 2021-2031F |
6.2 Bhutan Cloud Backup Market, By Service Provider |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Cloud Backup Market Revenues & Volume, By Cloud Service Provider, 2021-2031F |
6.2.3 Bhutan Cloud Backup Market Revenues & Volume, By Telecom and Communication Service Provider, 2021-2031F |
6.2.4 Bhutan Cloud Backup Market Revenues & Volume, By Managed Service Provider, 2021-2031F |
6.2.5 Bhutan Cloud Backup Market Revenues & Volume, By Others, 2021-2031F |
6.3 Bhutan Cloud Backup Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Bhutan Cloud Backup Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.3.3 Bhutan Cloud Backup Market Revenues & Volume, By Consumer Goods and Retail, 2021-2031F |
6.3.4 Bhutan Cloud Backup Market Revenues & Volume, By Education, 2021-2031F |
6.3.5 Bhutan Cloud Backup Market Revenues & Volume, By Government and Public Sector, 2021-2031F |
6.3.6 Bhutan Cloud Backup Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.3.7 Bhutan Cloud Backup Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4 Bhutan Cloud Backup Market, By Deployment Model |
6.4.1 Overview and Analysis |
6.4.2 Bhutan Cloud Backup Market Revenues & Volume, By Public cloud, 2021-2031F |
6.4.3 Bhutan Cloud Backup Market Revenues & Volume, By Private cloud, 2021-2031F |
6.4.4 Bhutan Cloud Backup Market Revenues & Volume, By Hybrid cloud, 2021-2031F |
6.5 Bhutan Cloud Backup Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 Bhutan Cloud Backup Market Revenues & Volume, By Large enterprises, 2021-2031F |
6.5.3 Bhutan Cloud Backup Market Revenues & Volume, By Small and Medium-sized Enterprises (SMEs), 2021-2031F |
7 Bhutan Cloud Backup Market Import-Export Trade Statistics |
7.1 Bhutan Cloud Backup Market Export to Major Countries |
7.2 Bhutan Cloud Backup Market Imports from Major Countries |
8 Bhutan Cloud Backup Market Key Performance Indicators |
8.1 Average monthly data backup growth rate |
8.2 Percentage of businesses adopting cloud backup solutions |
8.3 Number of data breaches reported in Bhutan |
9 Bhutan Cloud Backup Market - Opportunity Assessment |
9.1 Bhutan Cloud Backup Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Bhutan Cloud Backup Market Opportunity Assessment, By Service Provider, 2021 & 2031F |
9.3 Bhutan Cloud Backup Market Opportunity Assessment, By Vertical, 2021 & 2031F |
9.4 Bhutan Cloud Backup Market Opportunity Assessment, By Deployment Model, 2021 & 2031F |
9.5 Bhutan Cloud Backup Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Bhutan Cloud Backup Market - Competitive Landscape |
10.1 Bhutan Cloud Backup Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Cloud Backup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |