Press release
Copy Data Management Software Market To Witness Massive Growth | Competitive Outlook By Actifio, Catalogic Software, Cohesity, Commvault Systems, Hitachi Vantara, IBM, Nicman Group
Copy data management (CDM) is the method in which unnecessary duplication of production data is eliminated to reduce storage consumption. Production data comprises backup, snapshot, vault, and data copies made for various business functions. Copy data management software manages consistent data and generates a backup/recovery copy of the secondary storage system data. The rising need to manage data more effectively and efficiently with backup and disaster recovery options is the major driving factor for the copy data management software market growth.The report aims to provide an overview copy data management software market with detailed market segmentation as deployment, enterprise size, end-user, and geography. The global copy data management software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading copy data management software market players and offers key trends and opportunities in the copy data management software market.
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The List of Companies:
1. Actifio Inc.
2. Catalogic Software
3. Cohesity, Inc.
4. Commvault Systems, Inc.
5. Hitachi Vantara Corporation
6. IBM Corporation
7. Nicman Group LLC.
8. Rubrik, Inc.
9. Unitrends Inc.(Kaseya Company)
10. Veritas Technologies, LLC
The global copy data management software market is segmented on the basis of deployment, enterprise size, end-user. On the basis of deployment the market is segmented as cloud, on-premise. On the basis of enterprise size the market is segmented as SMEs, large enterprise. On the basis of end-user the market is segmented as BFSI, IT and telecom, media and entertainment, government, healthcare, others.
Copy data management software helps organizations resolve data management challenges and allows companies to manage and create multiple data versions for recovery. Additionally, copy data management software provides remote copies for disaster recovery and local copies for operational recovery. These factors trigger the demand for copy data management software across industries such as IT & telecom, BFSI, media & entertainment, etc. However, the growing volume of structured and unstructured data, increasing adoption of cloud platforms, and growing requirements of reduced data redundancies is expected to offer lucrative opportunities for the copy data management software market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global copy data management software 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 copy data management software 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.
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