Data Protection Market Size, Share, Industry Trends, Regional Growth, Global Forecast Report 2027

The global Data Protection market size is projected to reach US$ 113390 million by 2027, from US$ 61330 million in 2020, at a Compound Annual Growth Rate (CAGR) of 9.1% during the forecast period 2021-2027.

Data protection services have been segmented into 2 major types: professional services and managed services. The professional services segment has been further categorized into risk assessment and consulting services, implementation and integration services, support and maintenance services, and training and education services. The support and maintenance services segment is expected to grow at the highest CAGR during the forecast period. The adoption of data protection solutions is growing, which is likely to create a huge demand for professional services during the forecast period.

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The Small and Medium-sized Enterprises (SMEs) segment is expected to grow at a higher CAGR during the forecast period, owing to the increasing incidences of data breaches on enterprise cloud applications, as well as, rise in the sophistication level of cyber-attacks. However, the large enterprise segment is estimated to account for the larger share of the data protection market in 2017. Large Enterprises were the early adopters of data protection solutions, as they use a large number of business applications that are susceptible to cyber-attacks

Data Protection market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Data Protection market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

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Data Protection Market by Type

o Data Backup and Recovery
o Data Archiving and Ediscovery
o Disaster Recovery
o Encryption
o Tokenization
o Data Loss Prevention (DLP)
o Identity and Access Management (IAM)
o Compliance Management

Data Protection Market by Application

o Small and Medium-sized Enterprises (SMEs)
o Large Enterprises

Major Players in the Data Protection Industry

o IBM
o Informatica
o Broadcom
o Solix
o IRI
o Delphix
o Mentis
o Micro Focus
o Oracle
o Compuware

Similar Reports:

Identity and Access Management Market: https://reports.valuates.com/market-reports/QYRE-Auto-12C2428/covid-19-impact-on-global-identity-and-access-management

Security Testing Market: https://reports.valuates.com/reports/ALLI-Manu-0R63/security-testing

Fraud Detection and Prevention Market: https://reports.valuates.com/reports/QYRE-Auto-20O4002/global-fraud-detection-prevention

Security Information and Event Management Market: https://reports.valuates.com/reports/QYRE-Auto-10M1895/global-security-information-and-event-management

Big Data Security Market: https://reports.valuates.com/market-reports/ALLI-Manu-0L50/big-data-security

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