SaaS Backup Statistics 2024 – Everything You Need to Know

• , this popular backup method has an average 100% failure rate. ^[5]
• Gartner estimates that through 2025, 99% of cloud security failures will be the customer’s fault. ^[0]

SaaS Backup Adoption Statistics

• In a KPMG and Harvey Nash 2020 report, their survey shows that the adoption of SaaS marketplace apps grew by 11% preand post COVID, from 49% to 54%. ^[3]
• Among the top drivers of overall cloud adoption are security and data protection (37%), data modernization (22%), and the cost and performance of IT operations (15%). ^[1]

SaaS Backup Latest Statistics

• The report based on more than 79,000 cybersecurity incidents and over 5,200 breaches found that 73% of security incidents involved external cloud assets, marking the first time cloud incidents have surpassed on. ^[2]
• Today, nearly 100% of businesses are using one or more SaaS solutions. ^[2]
• From April to July of this year, Microsoft Teams use grew by 72%. ^[2]
• As a result of the explosion of SaaS, 32% of business critical data now resides in SaaS applications. ^[2]
• According to IDC, 43% of organizations suffered unrecoverable data loss within the last 12 months, and 63% of organizations have suffered a data related business disruption within the past 12 months. ^[2]
• According to one report, 85% of data breaches involve a human element and 61% involve compromised credentials. ^[2]
• This downtime was estimated to cost $6.6 billion in economic terms. ^[2]
• Only 68% of the data was recovered after paying the ransom. ^[2]
• According to Statista, 91% of organizations backup their databases, 68% of organizations backup their email, and only 16% backup their SaaS data. ^[2]
• Additionally, 50% rely on their cloud vendor for backup and recovery of SaaS data. ^[2]
• 79% of IT pros believe their SaaS application is being backed up by their solution provider 1 out of 3 companies using SaaS lose data. ^[6]
• In a July 2020 report from ESG, they highlight that SaaS comprises 32% of “mission. ^[3]
• In Aberdeen’s 2013 report, 32% of companies reported they experienced SaaS application data loss, mainly due to end user deletion (47%) and employee overwrites (17%). ^[3]
• In a 2018 Forrester Report, they reported 75% of organizations have experienced a loss to missionor business. ^[3]
• In a 2019 ESG report, 37% believe that the SaaS provider is responsible for data protection. ^[3]
• ESG’s Aug 2020 report also revealed that only 22% of companies meet their return time objective all of the time, with only 45% meeting them most of the time. ^[3]
• If you do have a data backup solution in place, are you 100% confident you can restore the data?. ^[5]
• Did you know 60% of backups are incomplete and 50% of restores fail?. ^[5]
• The sector is seen to reach a whopping $623 billion by the year 2024 at a compound annual growth rate of 18%. ^[1]
• For 2018, SaaS vendors spent $63.1 billion on R&D, which equals 20% of all US based enterprise R&D. ^[1]
• In 2018, the average company spent $343,000 on SaaS, a 78% increase from the previous year. ^[1]
• In 2018, the global SaaS workload grew to 206 million and is predicted to reach 380 million by 2021. ^[1]
• The median annual revenue churn rate for SaaS businesses is 13.2%. ^[1]
• Companies churn through 30% of their apps yearly, suggesting the need for more flexibility in SaaS feature bundles. ^[1]
• When it comes to churn rates based on company size, high growth companies exhibit a polarizing effect with 39% experiencing low churn, but a 34% rate for high churn. ^[1]
• SaaS companies with monthto month contracts report lower churn rate (14%) compared to those with 1 to 1.5 years contract (15%). ^[1]
• By securing contracts that are 2.5 years or more, SaaS companies can lower the churn rate to 8.5%. ^[1]
• SaaS companies that target small businesses should aim for a churn rate of between 3% to 4% monthly. ^[1]
• About 30% of all SaaS companies offered additional functionality. ^[1]
• 33% of mostly medium and large SaaS companies offered additional services. ^[1]
• 40% are thinking of using new pricing models once businesses recover from the crisis. ^[1]
• 40% are also planning to offer buying incentives. ^[1]
• In addition, more than 50,000 SaaS vendors offer over 30% discount to their customers, which adversely affects their revenues and customer perception of their brand. ^[1]
• 50% of SaaS companies still depend on user. ^[1]
• 44% of SaaS companies offer a free trial or demo. ^[1]
• 76% of businesses plan on longterm IT changes as a result of COVID. ^[1]
• 93% of CIOs are adopting or planning to adopt cloud SaaS. ^[1]
• 64% of companies enabled remote work and more than half plan to retain their setup even after the pandemic; thus cloud and management service spendings are expected to rise in 2021. ^[1]
• 36% of companies see the reduction of burden on IT support as a key driver for the use of cloud. ^[1]
• 88% of companies utilize the cloud as of 2020. ^[1]
• In addition, 25% of these companies aim to migrate all their business systems to the cloud by the end of 2021. ^[1]
• For 70% of CIOs, agility and scalability remain as the top motivations for using cloud. ^[1]
• In terms of IT budget, 80% of companies expect IT budgets to grow or stay steady over the next 12 months. ^[1]
• Even in these uncertain times, 56% of businesses are planning on updating outdated IT infrastructure, 45% will prioritize IT projects, and 39% will focus on addressing security concerns. ^[1]
• A more recent research notes that companies leverage public cloud due to digital transformation (62%). ^[1]
• , IT agility (64%), AI/Machine Learning (66%), Mobility (59%), IoT (58%), and DevOps (57%). ^[1]
• 48% of businesses have an average of a oneyear contract, 13% were monthto month, while 11% had at least three years or more. ^[1]
• The most common average annual contract value is $25,000$50,000 (19.42%), followed by $1,000$5,000 (15.53%). ^[1]
• 16% of new ACV sales for average SaaS companies come from upsells and expansions. ^[1]
• Less than 20% of new revenue comes from existing customers in the form of expansions and up. ^[1]
• When it comes to cloud initiatives, 73% of businesses plan to optimize their existing use of the cloud. ^[1]
• The SaaS expenditure per company has increased to 50% in 2020. ^[1]
• 93% of enterprises say they have a multi. ^[1]
• 47% of respondents said they anticipate growth in the next 12 months for public cloud spending. ^[1]
• The biggest challenges in using public cloud for business are security (66%), compliance (60%), lack of staff training/experience (58%), privacy (57%), vendor lock in (47%), and cost (40%). ^[1]
• 34% reported a moderate negative impact on their business budget, while 27% reported a greater negative impact, and 39% reported either a small negative impact or even a positive impact. ^[1]
• 73% of organizations indicated that nearly all their apps will be SaaS by 2021. ^[1]
• 84% of new SaaS customers from free trials are unique website visitors. ^[1]
• Active trial users contacted by sales reps are 70% more likely to buy paid service. ^[1]
• a 30% increase from 2018. ^[1]
• Some of the applications that companies run solely on the public cloud include websites (55%), email (54%), communication systems (26%), mobile services (23%), CRM (21%), and productivity apps (16%). ^[1]
• Strategy Analytics Global Mobile SaaS will Grow from $20.9B in 2016 to Reach $37.9B by 2021, a Growth of 12.7% CAGR Over the Forecast Period. ^[1]
• Companies estimate 70% of the business apps they use today are SaaS. ^[0]
• By 2025, 85% of business apps they use will be SaaS. ^[0]
• I&O Leaders Survey data shows that 70% of organizations are currently investing in SaaS and public cloud offerings and will continue to do so. ^[0]
• According to Gartner, between 2017 and 2024, SaaS spending is expected to increase 241%. ^[0]
• SaaS makes up a significant portion of total product revenue spend in major application categories– 88% of desktop and collaboration apps– 83% of e purchasing– 76% of CRM. ^[0]
• Gartner estimates that by 2024, 70% of IT organizations will lack the relevant roles, skills, and tools to support SaaS. ^[0]
• More than three quarters (76%). ^[0]
• 83% of IT professionals reported that employees stored company data on unsanctioned cloud services. ^[0]
• 80% of workers admit to using SaaS applications at work without getting approval from IT. ^[0]
• 33% of workers downloaded a personal application without IT approval and 36% accessed work applications on a non. ^[0]
• Gartner research has found that shadow IT is 30 40% percent of IT spending in large enterprises, and other studies have found it comprises 50% or more. ^[0]
• 48% of people use apps that weren’t distributed by IT, with note taking apps, project apps, and apps like WhatsApp and Dropbox regularly mentioned. ^[0]
• 67% of organizations said that at least half of technology purchasing is now controlled by business units. ^[0]
• 40% of IT spending takes place outside of the IT department. ^[0]
• 10% of apps are personal and not enterprise, according to BetterCloud Discover trials. ^[0]
• As many as 67% of app installations are wasted. ^[0]
• 10% of all apps were inactive with no users over 90 days according to BetterCloud Discover trials. ^[0]
• 15% of all apps were inactive with no users over 30 days according to BetterCloud Discover trials. ^[0]
• On average, organizations are likely paying 10 15% more for SaaS licenses than they should. ^[0]
• 34% of IT teams spend half their week or more manually managing their SaaS environment 33. ^[0]
• Over 40% of information workers spend at least a quarter of their week on repetitive tasks. ^[0]
• Nearly 70 percent of workers say the biggest opportunity of automation lies in reducing time wasted on repetitive work. ^[0]
• IDC estimates over 80% of an organization’s data will be unstructured data, such as documents, presentations, and spreadsheets, by 2025. ^[0]
• Additionally, risk exposure for documents and accounts was reduced by 50%. ^[0]
• Our research shows that in companies with 200 499 people, automating makes offboarding 136% faster. ^[0]
• In companies with 500 999 people, it makes offboarding 151% faster. ^[0]
• 61% of IT professionals use or plan to implement IT automation technology within the next 2 years. ^[0]
• 59% of Fast Movers (top 20% of automation users). ^[0]
• 20% of organizations had data breaches from ex. ^[0]
• 36% of employees continued to have access to systems or data from a former employer after leaving the job. ^[0]
• Employees who felt their onboarding was highly effective are 18x more likely to feel highly committed to their organization. ^[0]
• 91% of those who received effective on boarding feel strong connectedness at work, compared to only 29% of those who had an effective onboarding. ^[0]
• 89% of those who received effective on boarding felt strongly integrated into their culture, compared to 59% of those who received an effective onboarding. ^[0]
• Gartner estimates that through 2025, 90% of the organizations that fail to control public cloud use will inappropriately share sensitive data. ^[0]
• A 64% majority of organizations are lacking confidence in the state of their security posture. ^[0]
• Only 14% of enterprises trust SaaS providers with hosting and managing encryption keys. ^[0]
• 82% of employees believe it would be possible to access sensitive company information they weren’t authorized to view. ^[0]
• Employees are 85% more likely today to leak files than they were pre. ^[0]
• errors as a source of security breaches within the human error category grew from 20% of errors in 2017 to more than 40% in 2019. ^[0]
• 73% of companies have at least one critical security misconfiguration. ^[0]
• Eight in 10 companies across the United States have experienced a data breach made possible by cloud misconfigurations, according to new research by IDC. ^[0]
• Over 80% of breaches that result from hacking involve brute force attacks or use of lost or stolen credentials. ^[0]
• 80% of organizations provide more access privileges than are necessary for users to do their jobs; 17% even say most or all users have too many privileges. ^[0]
• 90% of organizations believe that phishing and ransomware are the top threats facing their organization, but only half have sufficient visibility into these challenges. ^[0]
• 70% of enterprises list transparency on security capabilities as a top characteristic of bestin. ^[0]
• 93% of organizations say they must report privacy metrics, like privacy program audit findings, privacy impact assessments, and data breaches to the board. ^[0]
• 75% of IT professionals believe that the biggest security threats lie in cloud storage, file sharing, and email. ^[0]
• 46% percent of IT leaders believe that the rise of SaaS apps makes them the most vulnerable to insider threats. ^[0]
• users pose the biggest security threat, according to 62% of IT professionals. ^[0]
• 91% of IT professionals feel vulnerable to insider threats. ^[0]
• 74% of C level executives don’t think they’ve invested enough to mitigate the risk of insider threats. ^[0]
• 53% of cybersecurity pros say the shift to cloud makes detecting insider attacks more difficult. ^[0]
• 72% of organizations say insider attacks are more frequent over the last 12 months. ^[0]
• 65% of organizations experienced at least one insider attack within the last 12 months. ^[0]
• The average global cost of Insider threats rose by 31% in two years to $11.45 million, and the frequency of incidents grew 47% over the 2 years. ^[0]
• 28% of IT leaders are already using some kind of SaaS management tool to get visibility into shadow IT that is necessary to protect their data and systems. ^[0]
• Through 2024, enhancements in analytics and automatic remediation capabilities will refocus 30% of IT operations efforts, from support to continuous engineering. ^[0]
• Gartner predicts that by 2024’s end, 40% of organizations will have “anywhere operations” to deliver optimized and blended virtual and physical customer and employee experiences. ^[0]
• Our Cloud Backup is a 100% SaaS solution that provides automated, comprehensive backup and restore services for Microsoft 365 Salesforce Dynamics 365 from day one. ^[7]
• According to a forecast by Computerworld, 42 percent IT leaders plan to invest more on cloud computing this year. ^[8]
• There will be an 11 percent shift of IT budget toward various cloud computing versions as a new delivery model by 2016, as per IDC predictions. ^[8]
• According to a survey conducted by Harris Interactive and Seagate, 30 percent of the women that participated in the survey acknowledged that they do not back up their data at all!. ^[8]
• We’ve put together a list of 26 of the most interesting, relevant and revealing cloud computing statistics that demonstrate how big the cloud is and how it’s predicted to evolve. ^[4]
• Of course, it is impossible to predict with 100 percent accuracy how the future of cloud computing will look —. ^[4]
• By comparison, only 25 percent of all the computing data was stored this way in 2015. ^[4]
• Cloud data centers will process 94 percent of all workloads in 2021. ^[4]
• That’s not all — SaaS processes will account for 75 percent of the total workload. ^[4]
• In next place is Dropbox, the best cloud storage for collaboration, with a still impressive 66.2 percent, followed by OneDrive and iCloud. ^[4]
• MEGA , Box and pCloud , which have all made our list of best cloud storage services, are also widely used.21 The Most Used Cloud Storage Services. ^[4]
• a 66 percent increase.9 As we said, all of your favorite online videos are hosted on the cloud. ^[4]
• With a predicted CAGR of 48.2 percent, it is expected that it will reach $7.24 billion in revenue by 2027. ^[4]
• According to remote work statistics, approximately 34 percent of workers say that they prefer to work in the cloud and will look for a new job if they are required to return to the office.6 Employee Work Preferences Remove vs In Office. ^[4]
• In 2021, this is expected to increase by 23.1 percent to a staggering $332.3 billion. ^[4]
• Because of this, 92 percent of organizations already have a multi. ^[4]
• Enterprises face many challenges, but three of the most prevalent issues include security , managing cloud computing spending and governance. ^[4]
• Business owners lament the fact that around 30 percent of their cloud budget goes to waste. ^[4]
• that cloud cost optimization is a top priority, with 61 percent of organizations planning to optimize their cloud costs in 2021. ^[4]
• In fact, 76 percent measure their cloud progress according to cost efficiency and the savings they made thanks to cloud. ^[4]
• According to European organizations, migrating more workloads to the cloud is the most important cloud initiative. ^[4]
• 70% Migrating more workloads to the cloud 59% Optimizing cloud use to cut costs 50% Advancing a cloud. ^[4]
• Compared to the same period in 2020, this was a 35 percent yearonyear growth and a five percent quarteron. ^[4]
• Unsurprisingly, 75 percent of enterprises point to cloud security issues as a top concern. ^[4]
• Of those, 33 percent of respondents are extremely concerned, 42 percent are very concerned, while only 25 percent in total were unconcerned to moderately concerned. ^[4]
• In fact, just over half of businesses prefer cloud solutions that have their own native security. ^[4]
• In 88 percent of cases, human error is to blame for cloud breaches, not cloud providers. ^[4]
• With 34 percent, men are twice as likely to fall for phishing scams compared to women .11. ^[4]
• With a CAGR of 26.2 percent for the 2021 to 2028 period, it will balloon to more than $390 billion by 2028. ^[4]
• 80.3% of organizations experience more than 12 compromised account threats in the cloud per month1. ^[9]
• If you combine that with the fact that 90% of breaches are caused due to employees inadvertently falling victim to a phishing. ^[9]
• Technology analyst firm, Forreste1010, estimates that 80% of corporate security breaches result from privileged identity compromises. ^[9]
• This number concurs with another survey by Centrify11 that also found that 65% of IT professionals are sharing root or privileged access to systems and data. ^[9]
• Studies indicate that MFA blocks 99.9% of malicious attacks – and this applies not just to Microsoft accounts but to any user profile on a digital application. ^[9]
• Latest statistics say nearly 60% of attacks where data was encrypted involved data stored in the public. ^[10]
• Available to download in PNG, PDF, XLS format 33% off until Jun 30th. ^[11]

I know you want to use SaaS Backup Software, thus we made this list of best SaaS Backup Software. We also wrote about how to learn SaaS Backup Software and how to install SaaS Backup Software. Recently we wrote how to uninstall SaaS Backup Software for newbie users. Don’t forgot to check latest SaaS Backup statistics of 2024.

Reference

1. bettercloud – https://www.bettercloud.com/monitor/saas-statistics-2021/.
2. financesonline – https://financesonline.com/saas-statistics/.
3. backupify – https://www.backupify.com/blog/the-most-impactful-saas-stats-of-2021.
4. mydbsync – https://www.mydbsync.com/blogs/9-saas-data-loss-statistics-you-should-know/.
5. cloudwards – https://www.cloudwards.net/cloud-computing-statistics/.
6. ontech – https://ontech.com/data-backup-statistics/.
7. backupify – https://www.backupify.com/blog/10-stats-saas-data-loss.
8. avepoint – https://www.avepoint.com/blog/backup/avepoint-world-backup-day/.
9. cloudally – https://www.cloudally.com/blog/infographics_cloud_backup/.
10. spanning – https://spanning.com/resources/whitepapers/securing-your-saas-backup/.
11. metallic – https://metallic.io/blog/three-essential-capabilities-for-ransomware-readiness.
12. statista – https://www.statista.com/statistics/882762/average-salary-software-service-development-mexico-position/.

How Useful is Saas Backup

Saas backup offers a convenient and reliable way to store and protect data by utilizing cloud-based services. Users can easily schedule regular backups of their files, ensuring that information is continuously updated and safeguarded against threats such as cyberattacks, hardware failures, or accidental deletion. With information stored off-site in secure data centers, SaaS backup provides an added layer of protection against potential data loss due to onsite disasters.

One of the key benefits of SaaS backup is its ease of use. With intuitive interfaces and automatic backup processes, users can quickly set up their backup preferences without the need for technical expertise. This makes SaaS backup an ideal solution for small businesses or individuals who may not have the resources to invest in complex backup systems.

Furthermore, SaaS backup offers scalability, allowing users to adjust their storage capacity as their data needs grow. This flexibility ensures that businesses can easily accommodate changing data requirements without the need for extensive hardware upgrades or additional infrastructure investments. By leveraging cloud-based services, users can also benefit from increased mobility, accessing their backed-up data from any device with an internet connection.

Additionally, SaaS backup provides an added level of security for critical information. With built-in encryption and secure data centers, users can rest assured that their files are protected from unauthorized access or data breaches. This peace of mind is especially important for businesses that handle sensitive information and must comply with strict data protection regulations.

Another advantage of SaaS backup is its cost-effectiveness. By paying for storage on a subscription basis, users can avoid upfront hardware costs and enjoy predictable pricing models. This makes SaaS backup an attractive option for budget-conscious users who are looking to protect their data without breaking the bank.

While SaaS backup offers many benefits, it is important to recognize that no system is infallible. Users should always practice good data hygiene, regularly reviewing backup settings and conducting test restores to ensure the integrity of their files. Additionally, users should carefully evaluate the reliability and security of their chosen SaaS backup provider, selecting a reputable company with a proven track record of data protection.

In conclusion, SaaS backup is a valuable tool for users looking to safeguard their data in an increasingly digital world. With its ease of use, scalability, security features, and cost-effectiveness, SaaS backup offers a compelling solution for users seeking reliable data protection. By leveraging cloud-based services, users can enjoy peace of mind knowing that their files are safely stored and easily accessible whenever they are needed.

In Conclusion

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