openPR Logo
Press release

Data Protection Market predicted to grow $119.95 Billion by 2022

09-27-2021 02:12 PM CET | IT, New Media & Software

Press release from: MarketsandMarkets™

Data Protection Market

Data Protection Market

According to a new market research report "Data Protection Market by Component (Solutions and Services (Professional Services and Managed Services)), Deployment Mode (On-premises and Cloud), Organization Size (Large Enterprises and SMEs), Industry Vertical, and Region - Global Forecast to 2022" published by MarketsandMarkets™, the data protection market expected to grow from USD 57.22 Billion in 2017 to USD 119.95 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 16.0%. The major forces driving the data protection market include growth of enormous amounts of data and the need for data security and privacy concerns, regulations to increase the adoption of data protection solutions, and rising concerns of critical data loss in the on-premises environment.

Browse in-depth TOC on "Data Protection Market”
79- Tables
39- Figures
145- Pages

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=214254944

IAM is estimated to have the largest market share in the data protection market in 2017

Identity and Access Management (IAM) segment is estimated to have the largest market share in 2017 and is expected to dominate the data protection market from 2017 to 2022. The IAM solution comprises provisioning, advanced authentication, directory technologies, password management, audit, and Single Sign-On (SSO). The IAM solution is gaining traction in the data protection market due to its features, such as centralized nature and cost-effectiveness.

The healthcare industry vertical is expected to grow at the highest CAGR in the data protection market during the forecast period

The healthcare industry vertical is expected to grow at the highest CAGR during the forecast period. Cybercriminals have turned their interest toward the healthcare industry vertical, as it holds patient’s critical medical information. Therefore, there has been a strong adoption of advanced data protection solutions in the healtcare industry vertical in the recent years.

North America is expected to contribute to the largest market share in the data protection market during the forecast period

North America is expected to have the largest market share and dominate the data protection market from 2017 to 2022, due to the presence of major security vendors, data protection vendors, and Managed Security Service Providers (MSSPs). The organizations in this region are increasingly adopting advanced data protection solutions to protect their critical IT assets. The other drivers for the increasing demand for data protection solutions and services include the need for regulatory compliance and the need for data security and privacy concerns.

Browse Full Report @ https://www.marketsandmarkets.com/Market-Reports/data-protection-market-214254944.html

The major data protection vendors include IBM (US), Symantec (US), CA Technologies (US), Oracle (US), McAfee (US), Hewlett Packard (US), NetApp (US), Quest Software (US), Veeam Software (US), and Acronis (Switzerland).

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/data-protection.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Data Protection Market predicted to grow $119.95 Billion by 2022 here

News-ID: 2408127 • Views: 184

More Releases from MarketsandMarkets™

LMS Market predicted to grow $25.7 billion by 2025
According to a new market research report "LMS Market by Component (Solution and Services), Delivery Mode (Distance Learning, Instructor-Led Training and Blended Learning), Deployment Type, User Type (Academic and Corporate), and Region - Global Forecast to 2025" published by MarketsandMarkets™, the LMS Market size expected to grow from USD 13.4 billion in 2020 to USD 25.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 14.0% during
Log Management Market predicted to grow $4.1 billion by 2026
According to a new market research report “Log Management Market by Component (Solution and Services), Organization Size (Large Enterprises and SMEs), Deployment Mode (Cloud and On-premises), Vertical (IT and ITeS, BFSI, Healthcare, Telecom, and Education), and Region—Global Forecast to 2026” published by MarketsandMarkets™, the Log Management Market size expected to grow from USD 2.3 billion in 2021 to USD 4.1 billion by 2026, at a Compound Annual Growth Rate (CAGR)
Smart Warehousing Market predicted to grow $25.4 billion by 2026
According to a new market research report "Smart Warehousing Market by Component (Hardware, Solutions, and Services), Technology (IoT & Analytics, RFID, AGV), Application (Inventory Management, Order Management), Organization Size, Deployment Mode, Vertical, and Region - Global Forecast to 2026" published by MarketsandMarkets™, the smart warehousing market size to grow from USD 14.8 billion in 2021 to USD 25.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 11.5%
Video Processing Platform Market predicted to grow $11.4 billion by 2026
According to a new market research report "Video Processing Platform Market with COVID-19 Impact, by Component, Application (Video Upload and Ingestion, Dynamic Ad Insertion, and Video Transcoding and Processing), Content Type, End User, Vertical, and Region - Global Forecast to 2026" published by MarketsandMarkets™, the Video Processing Platform (VPP) Market size expected to grow at a Compound Annual Growth Rate (CAGR) of 16.5% during the forecast period, to reach USD

All 5 Releases


More Releases for MarketsandMarkets

IoT Professional Services Market worth $149.9 billion by 2026 | MarketsandMarket …
According to a new market research report "IoT Professional Services Market by Service Type (IoT Consulting, IoT Infrastructure, System Designing and Integration), Organization Size, Deployment Type, Application (Smart Buildings, Smart Transport and Logistics), and Region - Global Forecast to 2026" published by MarketsandMarkets™, the market size projected to grow from USD 98.8 billion in 2020 to USD 149.9 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 7.2%
Electric Powertrain Market Insights by 2027| MarketsandMarkets
The Global Electric Powertrain Market size is projected to reach $191.4 billion by 2027, from an estimated $62.9 billion in 2019, at a CAGR of 14.9 %. The electric powertrain market is expected to witness rapid growth due to stringency in emission norms which is pushing automakers to come up with electrified powertrain technologies. Between 2025 and 2030, emission standards would require automakers to reduce CO2 emissions by 15% and
Automotive Interior Market - Global Forecast to 2025 | MarketsandMarkets
According to the new market research report "Automotive Interior Market by Component (Seat, Interior Lighting), Material (Glass Composite, Carbon Composite, Metal, Vinyl, Fabric), Autonomous Driving (Semi-autonomous, Autonomous), Electric Vehicle, Vehicle Type and Region - Global Forecast to 2025 " Published by MarketsandMarkets™, The global Automotive Interior Market is projected to reach USD 153.8 billion by 2025 from USD 123.2 billion in 2020, at a CAGR of 8.8% during the forecast
Automotive Fuse Market Insights by 2025| MarketsandMarkets
The Automotive Fuse Market is projected to grow at a CAGR of 6.84% during the forecast period, to reach $24.33 Billion by 2025 from $14.33 Billion in 2017. The market is estimated to grow in the near future owing to various factors such as an increase in vehicle production, growing electrification, growing importance of safety & comfort features in mid-segment vehicles which will lead to increase in the number of
Global Connected Car Market by 2025| MarketsandMarkets
According to recent research "Connected Car Market by Service (Connected Services, Safety & Security, and Autonomous Driving), Form (Embedded, Tethered, and Integrated), Network (DSRC, and Cellular), End Market, Transponder, Hardware, and Region - Global Forecast to 2025", The global connected car market is estimated to be USD 72.89 billion in 2017 and is projected to reach USD 219.21 billion by 2025, at a CAGR of 14.8% from 2017 to 2025.
Vehicle Diagnostics Market by Vehicle Type, Application, Connectivity - 2021 | M …
The report "Vehicle Diagnostics Market by Vehicle Type, Application (Automatic Crash Notification, Vehicle Tracking, Vehicle Health Alert & Roadside Assistance), Connectivity (3G, 4G LTE, Wi-Fi, Bluetooth), Region, & Aftermarket (Vehicle Type & Region) - Forecast to 2021", The vehicle diagnostics market is projected to reach a market size of USD 30.22 Billion by 2021, growing at a CAGR of 16.79% from 2016 to 2021. Stringent emission norms, the rising demand