Global Cloud Backup and ESG Advisory Markets Forecasted to Reach $123B and $22B by 2035

A market research forecast estimates the worldwide cloud backup and recovery software market to reach roughly $122.95 billion by 2035, up from $28.95 billion in 2025, reflecting a compound annual growth rate of about 15.56 % over the forecast period. The report highlights the role of information and communications technology in driving digital transformation across industries, which underpins the strong growth outlook.

A separate forecast projects the global sustainability and ESG financial advisory services market to grow to around $22 billion by 2035, climbing from $11.23 billion in 2025 with a CAGR of about 6.96 %. The analysis cites expanding demand for risk assessment, sustainability reporting, regulatory compliance, and investment advisory services across corporations, financial institutions, and government agencies worldwide.