Global Data Resiliency Market technological advancements and business development strategies by 2025 - Top players are IBM, Microsoft, Micro Focus, NetApp, Quest Software, Unitrends, Veeam Software, Veritas Technologies LLC, VMware, Commvault, Dell EMC an
The Global Data Resiliency Market is expected to reach USD 38.60 Billion by 2025, from USD 10.13 Billion in 2017, growing at a CAGR of 18.2% during the forecast period of 2018 to 2025.
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Well known players of Global Data Resiliency Market are Acronis, Asigra, CA Technologies, Carbonite, CenturyLink, IBM, Microsoft, Micro Focus, NetApp, Quest Software, Unitrends, Veeam Software, Veritas Technologies LLC, VMware, Commvault, Dell EMC and others.
Based on geography, the global data resiliency market report covers data points for 28 countries across multiple geographies namely
• North America & South America,
• Asia-Pacific and,
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Based on component, the global data resiliency market is segmented into
Solution is further sub segmented into data backup & recovery, data archiving & e-discovery, and disaster recovery
On the basis of services, the global data resiliency market segmented into
• professional services
• managed services
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The global data resiliency market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of data resiliency unit market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers & Market Restraint
• Massive growth in data generated from varied sources
• Increasing privacy concerns and need for data security
• Increasing adoption of cloud-based data backup and recovery solutions
• Availability of open-source alternatives
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