Data Resiliency refers to data’s ability to recover
in situations where it is compromised. It is related to digitally preserving
organizational assets in the situation of a natural disaster or data center
corruption. It is essentially an ability of an organization to avoid unexpected
disruptions to data workflows. Additionally, data resiliency is also about
responding to threats and recovering the lost or compromised data. Data threats
and cyberattacks disarray the functioning of operational businesses.
Furthermore, when data in a specific location becomes corrupted or
inaccessible, availability is improved when multiple copies of data are stored
in multiple locations. Users and applications are still able to access data as
they are directed to a secondary location where the same data is not
compromised. Ultimately, to ensure data resiliency, organizations must protect
data in a number of different locations.
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According to UnivDatos Market
Insights (UMI)’ research report “Data Resiliency Market”
is predicted to grow at a CAGR of
around 17% during the forecast period. This can be mainly
attributed to the increasing cyber-attacks in various industries coupled with high
growth in data generated throughout the years.
Based on deployment, the market
is categorized into on-premises and cloud. Among these two, on-premises held a
prominent share of the data resiliency market and is expected to be the
prominent market shareholder during the forecast period. The growth in this
segment can be attributed to the high speed and low latency abilities of
on-premises deployment. On-premises deployment is preferred by organizations,
which are looking for high performance for multiple types of workloads.
Industries such as government, defense, and banking, prefer the on-premises
deployment, as they cannot afford to lose sensitive data, financial records,
customer data, and money transaction information in any situation.
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Based on Industry, the market
is segmented into banking and financial services, information and communication
technology, government, media and entertainment, healthcare, and others. In
2020, banking and financial services accounted for a substantial share in the
global data resiliency market due to the need for high data security and
appropriate backup in the banking sector. The banking and financial industry
generates and processes massive volumes of data on daily basis. Further on,
data resiliency helps the banking and financial services industry to backup and
recover data to maintain business continuity.
Asia-Pacific is
expected to witness robust growth
For
a better understanding of the market adoption of the data resiliency industry,
the market is analyzed based on its worldwide presence in the countries such as
North America (United States, Canada, and the Rest of North America), Europe
(Germany, France, Italy, Spain, United Kingdom and Rest of Europe),
Asia-Pacific (China, Japan, India, South Korea, and Rest of APAC), and Rest of
World. APAC is expected to showcase robust growth during the forecast period
mainly due to the growing awareness across various industries such as banking
and financial services, information and communication technology, government,
and healthcare to protect and backup their crucial enterprise data.
Cyberattacks and ransomware attacks are also driving the growth of the data
resiliency market in the APAC region.
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According
to ‘UnivDatos Market Insights (UMI)’, the key
players with a considerable market share in the data resiliency market include Acronis International GmbH, Microsoft Corporation,
Asigra Inc., International Business Machines Corporation, NetApp Inc., VMware
Inc., Veritas Technologies LLC., Carbonite Inc., Hewlett Packard Enterprise,
and Veeam Software AG.
“Data
Resiliency Market” provides comprehensive qualitative and quantitative insights on
the industry potential, key factors impacting sales and purchase decisions,
hotspots, and opportunities available for the market players. Moreover, the
report also encompasses the key strategic imperatives for success for
competitors along with strategic factorial indexing measuring competitors’
capabilities on different parameters. This will help companies in the
formulation of go-to-market strategies and identifying the blue ocean for its
offerings.
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us – https://univdatos.com/report/data-resiliency-market/
Market Segmentation:
1. By Type (Solutions and Services)
2. By Deployment (On-premises and Cloud)
3. By Organization size (Large Enterprises and SMEs)
4. By Industry (Banking
and Financial Services, Information and Communication Technology, Government,
Media and Entertainment, Healthcare, and Others)
5. By Region (North
America, Europe, Asia-Pacific, Rest of World)
6. By Company (Acronis
International GmbH, Microsoft Corporation, Asigra Inc., International Business
Machines Corporation, NetApp Inc., VMware Inc., Veritas Technologies LLC.,
Carbonite Inc., Hewlett Packard Enterprise, and Veeam Software AG)
Key questions answered in the study:
1.
What are the current and future trends
of the data resiliency industry?
2.
How the industry has been evolving in
terms of type, deployment, organization size, and industry
category?
3.
How the competition has been shaping
across the countries followed by their comparative factorial indexing?
4.
What are the key growth drivers and
challenges for the data resiliency industry?
5.
What are the customer orientation,
purchase behavior, and expectations from the data resiliency product suppliers
across various countries?
Table of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 IMPACT OF COVID-19 ON THE DATA RESILIENCY MARKET
6 DATA RESILIENCY MARKET REVENUE (USD BN), 2019-2027F
7 MARKET INSIGHTS BY TYPE
8 MARKET INSIGHTS BY DEPLOYMENT
9 MARKET INSIGHTS BY ORGANIZATION SIZE
10 MARKET INSIGHTS BY INDUSTRY
11 MARKET INSIGHTS BY REGION
12 DATA RESILIENCY MARKET DYNAMICS
13 DATA RESILIENCY MARKET OPPORTUNITIES
14 DATA RESILIENCY MARKET TRENDS
15 DEMAND AND SUPPLY-SIDE ANALYSIS
16 VALUE CHAIN ANALYSIS
17 COMPETITIVE SCENARIO
18 COMPANY PROFILED
19 DISCLAIMER
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