Data Resiliency Market breaches USD 27.63 billion barrier; promising growth ahead

The Latest research report on the Data Resiliency market publish by the HTF MI, on both global and regional scales, which provides a better understanding of the present market landscape, development, market outlook and status to 2023. The growth of the Data Resiliency market has been driven by the Emerging demand in the well-established regions, types, current advancements, and the growing infiltration of the end-users. Based on the Global Data Resiliency industrial & supply chain, this report mainly elaborates the definition, Types, Applications and Some Major Key players/Manufacturers Asigra Inc., CA Technologies, Acronis, Carbonite, Inc., Commvault Systems, Inc., Veritas Technologies, IBM, Microsoft, Century Link, etc.

Get Access to Sample Pages@: https://www.htfmarketreport.com/sample-report/1610194-global-data-resiliency-market-2

"When technology falters, organizations end up having to bear the brunt. Technologies enhance consumer experience, but when data is compromised, the reputation of the company suffers significant damage. To overcome the difficulties that are faced due to the vulnerabilities of technology, organizations opt for data resiliency solutions.
Data resiliency is concomitant with disaster management and ensures data protection. Increasing data generation and growing concerns regarding its security are the factors expected to drive the growth of the global data resiliency market. The market is forecasted to grow from USD 11.69 Bn in 2018 to USD 27.63 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 18.8%.

Application segment insights:
The growth of the Blockchain sector is creating a plethora of opportunities for data resiliency vendors in the market. The banking, financial services, and insurance (BFSI) segment is projected to lead the market, with a share of 24% during the forecasted period, owing to the enormous amounts of data that is generated on a regular basis.

Enquire for customization in Report @ https://www.htfmarketreport.com/enquiry-before-buy/1610194-global-data-resiliency-market-2

Deployment segment insights:
The cloud segment of the data resiliency market is expected to expand at a higher CAGR than the on-premises segment during the forecast period (2018-2023), owing to its cost-effectiveness.
The small and medium-sized enterprises (SME) segment of the data resiliency market is projected to grow at a higher CAGR than the large enterprises segment during 2018-2023.
Regional insights:

North America is expected to dominate the data resiliency market in 2018 with an approximately 36.5% share of the market - owing to the presence of a number of large players in this region - followed by Europe. The data resiliency market in the Asia-Pacific region is expected to expand at a significant CAGR of 20.5% during the forecasted period. This is due to the increased use of data resiliency solutions in various verticals such as retail and consumer goods, healthcare, IT and telecommunication, and BFSI, to protect and backup crucial enterprise data. Rising incidence of cyberattacks is one of the crucial reasons for the increased demand for data resiliency solutions in the Asia-Pacific region.

Early buyers will receive 10% customization on reports. Read Detailed Index of full Research Study at @ https://www.htfmarketreport.com/reports/1610194-global-data-resiliency-market-2

Companies covered:
1. Asigra Inc.
2. CA Technologies
3. Acronis
4. Carbonite, Inc.
5. Commvault Systems, Inc.
6. Veritas Technologies
7. IBM
8. Microsoft
9. Century Link

Buy this research report @ https://www.htfmarketreport.com/buy-now?format=1&report=1610194

Thanks for reading this article; you can also get individual chapter wise section or region wise report versions like North America, Europe or Asia.

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com

About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

This release was published on openPR.