Global Data Protection Market Recent Trends, In-depth Analysis, Market Size Research Report Forecast To 2027
The report aims to provide an overview of data protection market with detailed market segmentation by component, deployment type, enterprise size, industry vertical, and geography. The global data protection market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading data protection market players and offers key trends and opportunities in the data protection market.
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Some of the leading players in global data protection market are Acronis, CA Technologies, HPE, IBM, Mcafee, Netapp, Oracle, Quest Software, Symantec, Veeam
The importance of data protection is essential as the amount of data created and stored continues to grow the demand for the data protection market. The adoption of data protection helps increase data security, data backup and recovery, encryption, and among others, that also promote the growth of the data protection market. However, safety and security of data require heavy maintenance that increases the cost of the system; this is the key hindering factor for the growth of the data protection market. Increases confidential data of government as well an in defense system need to be secure that also propelling the growth of the data protection market.
The global data protection market is segmented on the basis of component, deployment type, enterprise size, industry vertical. On the basis of component the market is segmented as software, services. On the basis of deployment type the market is segmented as on-premises, cloud. On the basis of enterprise size the market is segmented as large enterprises, small and medium-size enterprises. On the basis of industry vertical the market is segmented as government and defense, healthcare, BFSI, IT and telecom, education, media and entertainment, others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global data protection market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The data protection market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting data protection market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the data protection market in these regions. The reports cover key developments in the data protection market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from data protection are anticipated to lucrative growth opportunities in the future with the rising demand for data protection in the global market.
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