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More online/remote backup services came into existence during the heyday of the [[dot-com boom]] in the late 1990s. The initial years of these large industry service providers were about capturing market share and understanding the importance and the role that these online backup providers were playing in the web services arena. Today, most service providers of online backup services position their services using the [[SaaS]] (software as a service) and [[PaaS]] (Platform as a service) strategy and its relevance is predicted to increase exponentially in the years to come as personal and enterprise data storage needs rise. The last few years have also witnessed a healthy rise in the number of independent online backup providers.
==Characteristics
===Service-based===
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