| Product Code: ETC4431032 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
In Sri Lanka, the cloud backup market is expanding as businesses prioritize data protection and disaster recovery strategies. Cloud backup solutions offer automated, secure, and scalable options for storing and recovering data, reducing dependency on physical storage and enhancing business resilience. SMEs and large enterprises in Sri Lanka are increasingly adopting cloud backup services to safeguard critical information and ensure business continuity.
The Cloud Backup market in Sri Lanka is driven by the need for secure and reliable data storage solutions amid increasing data volumes and regulatory requirements. Businesses are embracing cloud backup services to protect their critical data from threats such as ransomware, hardware failures, and natural disasters. Cloud backup offers advantages such as automated backups, data encryption, and scalability, which ensure business continuity and compliance with data protection regulations. The shift towards hybrid and multi-cloud backup strategies further expands market opportunities as organizations prioritize flexibility and redundancy in their data storage and recovery processes.
The Sri Lanka Cloud Backup Market faces critical challenges related to data sovereignty and reliability. Businesses are increasingly turning to cloud backup solutions to protect critical data and ensure business continuity. However, concerns about data residency, especially with offshore cloud providers, raise questions about compliance with local data protection laws and regulations. Furthermore, the reliability and accessibility of cloud backup services during network disruptions or outages pose operational risks for businesses reliant on continuous data availability. Addressing these challenges requires a balance between data security, regulatory compliance, and service reliability to foster trust and adoption among local enterprises.
In Sri Lanka, government policies emphasize the importance of data protection and disaster recovery through cloud backup solutions. Regulations address data retention, backup frequency, and encryption standards to ensure the integrity and availability of backed-up data in cloud environments.
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 Sri Lanka Cloud Backup Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Cloud Backup Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Cloud Backup Market - Industry Life Cycle |
3.4 Sri Lanka Cloud Backup Market - Porter's Five Forces |
3.5 Sri Lanka Cloud Backup Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Sri Lanka Cloud Backup Market Revenues & Volume Share, By Service Provider, 2021 & 2031F |
3.7 Sri Lanka Cloud Backup Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
3.8 Sri Lanka Cloud Backup Market Revenues & Volume Share, By Deployment Model, 2021 & 2031F |
3.9 Sri Lanka Cloud Backup Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Sri Lanka Cloud Backup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital technologies in businesses in Sri Lanka |
4.2.2 Growing awareness about data security and compliance regulations |
4.2.3 Rise in demand for data storage and disaster recovery solutions |
4.3 Market Restraints |
4.3.1 Limited internet connectivity and infrastructure in certain regions of Sri Lanka |
4.3.2 Concerns about data privacy and security in cloud storage |
4.3.3 Lack of skilled IT professionals for managing cloud backup solutions |
5 Sri Lanka Cloud Backup Market Trends |
6 Sri Lanka Cloud Backup Market, By Types |
6.1 Sri Lanka Cloud Backup Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Cloud Backup Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Sri Lanka Cloud Backup Market Revenues & Volume, By Solution, 2021-2031F |
6.1.4 Sri Lanka Cloud Backup Market Revenues & Volume, By Service, 2021-2031F |
6.2 Sri Lanka Cloud Backup Market, By Service Provider |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Cloud Backup Market Revenues & Volume, By Cloud Service Provider, 2021-2031F |
6.2.3 Sri Lanka Cloud Backup Market Revenues & Volume, By Telecom and Communication Service Provider, 2021-2031F |
6.2.4 Sri Lanka Cloud Backup Market Revenues & Volume, By Managed Service Provider, 2021-2031F |
6.2.5 Sri Lanka Cloud Backup Market Revenues & Volume, By Others, 2021-2031F |
6.3 Sri Lanka Cloud Backup Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Cloud Backup Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.3.3 Sri Lanka Cloud Backup Market Revenues & Volume, By Consumer Goods and Retail, 2021-2031F |
6.3.4 Sri Lanka Cloud Backup Market Revenues & Volume, By Education, 2021-2031F |
6.3.5 Sri Lanka Cloud Backup Market Revenues & Volume, By Government and Public Sector, 2021-2031F |
6.3.6 Sri Lanka Cloud Backup Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.3.7 Sri Lanka Cloud Backup Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4 Sri Lanka Cloud Backup Market, By Deployment Model |
6.4.1 Overview and Analysis |
6.4.2 Sri Lanka Cloud Backup Market Revenues & Volume, By Public cloud, 2021-2031F |
6.4.3 Sri Lanka Cloud Backup Market Revenues & Volume, By Private cloud, 2021-2031F |
6.4.4 Sri Lanka Cloud Backup Market Revenues & Volume, By Hybrid cloud, 2021-2031F |
6.5 Sri Lanka Cloud Backup Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 Sri Lanka Cloud Backup Market Revenues & Volume, By Large enterprises, 2021-2031F |
6.5.3 Sri Lanka Cloud Backup Market Revenues & Volume, By Small and Medium-sized Enterprises (SMEs), 2021-2031F |
7 Sri Lanka Cloud Backup Market Import-Export Trade Statistics |
7.1 Sri Lanka Cloud Backup Market Export to Major Countries |
7.2 Sri Lanka Cloud Backup Market Imports from Major Countries |
8 Sri Lanka Cloud Backup Market Key Performance Indicators |
8.1 Average response time for data backup and recovery |
8.2 Percentage of businesses implementing cloud backup solutions |
8.3 Number of data breaches or loss incidents reported by businesses |
9 Sri Lanka Cloud Backup Market - Opportunity Assessment |
9.1 Sri Lanka Cloud Backup Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Sri Lanka Cloud Backup Market Opportunity Assessment, By Service Provider, 2021 & 2031F |
9.3 Sri Lanka Cloud Backup Market Opportunity Assessment, By Vertical, 2021 & 2031F |
9.4 Sri Lanka Cloud Backup Market Opportunity Assessment, By Deployment Model, 2021 & 2031F |
9.5 Sri Lanka Cloud Backup Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Sri Lanka Cloud Backup Market - Competitive Landscape |
10.1 Sri Lanka Cloud Backup Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Cloud Backup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |