Market Overview:
The global data protection and recovery solution market is expected to grow from USD 9.02 billion in 2018 to USD 16.78 billion by 2030, at a CAGR of 7.5% from 2018 to 2030. The growth of the data protection and recovery solution market can be attributed to the increasing number of ransomware attacks and data breaches, growing demand for cloud-based solutions, and rising need for compliance with regulations such as GDPR. However, lack of awareness about the benefits of data protection and recovery solutions among small businesses may restrain the growth of this market during the forecast period. Based on type, the global data protection and recovery solution market has been segmented into cloud deployment and on-premise deployment. The cloud deployment segment is expected to grow at a higher CAGR than the on-premise deployment segment during the forecast period. This can be attributed to factors such as lower costs associated with deploying solutions in a cloud environment as compared to an on-premise environment, easy scalability offered by cloud deployments,and rising trend of BYOD (Bring Your Own Device). .
Product Definition:
A data protection and recovery solution is a system or service that helps companies protect their data from accidental deletion, corruption, or theft. It also allows businesses to quickly recover lost or corrupted data in the event of a disaster. Data protection and recovery solutions are important because they help companies maintain business continuity in the event of an unexpected outage or incident.
Cloud Deployment:
Cloud deployment is a service-oriented architecture model that involves the delivery of applications, services and solutions to customers through a cloud. It helps organizations in reducing their dependency on traditional infrastructure and focusing more on core competencies. Cloud deployment offers various benefits such as increased efficiency, flexibility and scalability which has resulted in high market growth over the past few years.
On-premise Deployment:
On-premise deployment is a method of deploying software or applications that are used to store data on the internal network of the end user. In this type of deployment, an end-user uses dedicated hardware and software to access stored information. The advantage associated with on-premise data protection and recovery solution is that all critical information is stored within the premises thereby reducing external threats from viruses, malware, physical theft or damage.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to growing demand from other sectors such as media & entertainment, public sector, and transportation among others.
Global data protection.
The BFSI sector was one of the prominent segments that accounted for a significant share in 2017 owing to increasing concerns regarding data breaches among banks and financial institutions globally. In addition, rising adoption of cloud computing services coupled with an increase in cyberattacks on financial institutions is expected to drive industry growth over the coming years.
Regional Analysis:
The market in North America is anticipated to witness significant growth over the forecast period owing to the presence of a large number of global players. The region accounted for more than 35% revenue share in 2016 and is expected to maintain its dominance over the forecast period. This can be attributed to increasing investments by companies operating in various sectors, such as healthcare, manufacturing, retail and others.
The Asia Pacific regional market captured significant attention from industry participants due to rapid industrialization coupled with growing demand for data protection & recovery solutions from several end-user industries across China and India. Moreover, rising adoption of cloud technologies by small & medium enterprises (SMEs) will drive growth during the forecast period. Increasing government initiatives aimed at creating awareness regarding digital security standards are also contributing toward regional growth prospects. For instance.
Growth Factors:
- Increasing demand for data protection and recovery solutions from small and medium-sized businesses (SMBs) due to the increasing instances of cyberattacks.
- The growing trend of big data and cloud computing is fueling the growth of the data protection and recovery solution market as these solutions are essential for protecting data stored in these environments.
- Rapid expansion of digital content, owing to the proliferation of smart devices, is resulting in an increase in storage needs, which is further propelling the demand for data protection and recovery solutions.
- Stringent government regulations pertaining to data security are compelling organizations to adopt robust data protection and recovery solutions for safeguarding their critical information assets.
Scope Of The Report
Report Attributes
Report Details
Report Title
Data Protection & Recovery Solution Market Research Report
By Type
Cloud Deployment, On-premise Deployment
By Application
BFSI, Energy & Utilities, Government, Healthcare, Manufacturing, Retail, Others
By Companies
Acitifio, Arcserve (USA), CA Technologies, Commvault, EMC Corporation, Hewlett-Packard Enterprise, IBM Coporation, Veritas Technologies LLC, Veeam Software AG, Unitrend
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Data Protection & Recovery Solution Market Report Segments:
The global Data Protection & Recovery Solution market is segmented on the basis of:
Types
Cloud Deployment, On-premise Deployment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Energy & Utilities, Government, Healthcare, Manufacturing, Retail, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Acitifio
- Arcserve (USA)
- CA Technologies
- Commvault
- EMC Corporation
- Hewlett-Packard Enterprise
- IBM Coporation
- Veritas Technologies LLC
- Veeam Software AG
- Unitrend
Highlights of The Data Protection & Recovery Solution Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Deployment
- On-premise Deployment
- By Application:
- BFSI
- Energy & Utilities
- Government
- Healthcare
- Manufacturing
- Retail
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Data Protection & Recovery Solution Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Data Protection & Recovery Solution is a software that helps businesses to protect their data and recover it if necessary.
Some of the major companies in the data protection & recovery solution market are Acitifio, Arcserve (USA), CA Technologies, Commvault, EMC Corporation, Hewlett-Packard Enterprise, IBM Coporation, Veritas Technologies LLC, Veeam Software AG, Unitrend.
The data protection & recovery solution market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Data Protection & Recovery Solution Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Data Protection & Recovery Solution Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Data Protection & Recovery Solution Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Data Protection & Recovery Solution Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Data Protection & Recovery Solution Market Size & Forecast, 2018-2028
4.5.1 Data Protection & Recovery Solution Market Size and Y-o-Y Growth
4.5.2 Data Protection & Recovery Solution Market Absolute $ Opportunity
Chapter 5 Global Data Protection & Recovery Solution Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Data Protection & Recovery Solution Market Size Forecast by Type
5.2.1 Cloud Deployment
5.2.2 On-premise Deployment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Data Protection & Recovery Solution Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Data Protection & Recovery Solution Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Energy & Utilities
6.2.3 Government
6.2.4 Healthcare
6.2.5 Manufacturing
6.2.6 Retail
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Data Protection & Recovery Solution Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Data Protection & Recovery Solution Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Data Protection & Recovery Solution Analysis and Forecast
9.1 Introduction
9.2 North America Data Protection & Recovery Solution Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Data Protection & Recovery Solution Market Size Forecast by Type
9.6.1 Cloud Deployment
9.6.2 On-premise Deployment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Data Protection & Recovery Solution Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Energy & Utilities
9.10.3 Government
9.10.4 Healthcare
9.10.5 Manufacturing
9.10.6 Retail
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Data Protection & Recovery Solution Analysis and Forecast
10.1 Introduction
10.2 Europe Data Protection & Recovery Solution Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Data Protection & Recovery Solution Market Size Forecast by Type
10.6.1 Cloud Deployment
10.6.2 On-premise Deployment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Data Protection & Recovery Solution Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Energy & Utilities
10.10.3 Government
10.10.4 Healthcare
10.10.5 Manufacturing
10.10.6 Retail
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Data Protection & Recovery Solution Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Data Protection & Recovery Solution Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Data Protection & Recovery Solution Market Size Forecast by Type
11.6.1 Cloud Deployment
11.6.2 On-premise Deployment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Data Protection & Recovery Solution Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Energy & Utilities
11.10.3 Government
11.10.4 Healthcare
11.10.5 Manufacturing
11.10.6 Retail
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Data Protection & Recovery Solution Analysis and Forecast
12.1 Introduction
12.2 Latin America Data Protection & Recovery Solution Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Data Protection & Recovery Solution Market Size Forecast by Type
12.6.1 Cloud Deployment
12.6.2 On-premise Deployment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Data Protection & Recovery Solution Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Energy & Utilities
12.10.3 Government
12.10.4 Healthcare
12.10.5 Manufacturing
12.10.6 Retail
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Data Protection & Recovery Solution Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Data Protection & Recovery Solution Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Data Protection & Recovery Solution Market Size Forecast by Type
13.6.1 Cloud Deployment
13.6.2 On-premise Deployment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Data Protection & Recovery Solution Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Energy & Utilities
13.10.3 Government
13.10.4 Healthcare
13.10.5 Manufacturing
13.10.6 Retail
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Data Protection & Recovery Solution Market: Competitive Dashboard
14.2 Global Data Protection & Recovery Solution Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Acitifio
14.3.2 Arcserve (USA)
14.3.3 CA Technologies
14.3.4 Commvault
14.3.5 EMC Corporation
14.3.6 Hewlett-Packard Enterprise
14.3.7 IBM Coporation
14.3.8 Veritas Technologies LLC
14.3.9 Veeam Software AG
14.3.10 Unitrend
