Data center corridor with rows of server racks and a blue sign reading 'Cloud Backup' across the aisle.

What Is Cloud Backup and How It Protects Your Business

Cloud backup copies files, applications, or databases to a remote, internet-accessible server so a business can restore them after hardware failure, accidental deletion, ransomware, or disaster without relying on the original device. The category reached USD 4.69 billion in 2023, with a projected 24.4% compound annual growth rate from 2024 to 2030, according to recent…