Data Resiliency Market Sees High Adoption in Financial Services and Healthcare Sectors

The data resiliency market is segmented into component, deployment mode, organization size, industry vertical, and region. In terms of component, it is bifurcated into solution and services. The solution segment is further sub-divided into data backup & recovery, data archiving & e-discovery, and disaster recovery. The service segment is sub-divided into professional service and managed services. On the basis deployment mode, it is segmented into on-premise and cloud. As per organization size, it is divided into large enterprises and small & medium enterprises. By industry vertical, it is categorized into BFSI, retail & e-commerce, manufacturing, government & defense, energy & utilities, IT & telecom, education, healthcare, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Increase in data safety and security concerns and adoption of cloud-based data backup & recovery solutions are drive the growth of the global data resiliency market. In addition, emphasis by different enterprises on adoption of operational excellence, data quality management solutions, and massive growth in data generation from various sources boost the market growth. However, high amount of unstructured data management and availability of open-source alternatives hamper the growth of the market. Furthermore, Blockchain Solutions are attracting various enterprises, which is anticipated to create a major opportunity for the global data resiliency market growth.

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Resiliency is the ability of a server, network, storage system, or an entire data centre to recover quickly and continue operating even when there has been an equipment failure, power outage, or any other disruption. Data resiliency means the planned part of a facility's architecture, usually associated with other disaster planning and data centre disaster-recovery considerations such as data protection. It ensures continuous availability of business applications and data, even in case of any adverse events such as overload, power outage, and cyber-attacks. It can be achieved in many ways such as logical replication, hardware replication, and storing data in multiple locations. If data from any location is compromised by any cyber-attack, equipment failure, power outage or becomes corrupted, the user can access data from another location, which ensures uninterrupted business operations. As data include crucial and confidential information such as account numbers, transaction passwords, and credit/debit card details that require high security and timely backup, data resiliency provides an appropriate solution for such cases.

KEY BENEFITS FOR STAKEHOLDERS:

► The study provides an in-depth analysis of the global data resiliency market trends and future estimations to elucidate the imminent investment pockets.

► Information about the key drivers, restraints, and opportunities and their impact analysis on the data resiliency market share is provided.

► Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the global data resiliency industry.

► The quantitative analysis of market is provided to determine the global data resiliency market potential.

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The report has offered an all-inclusive analysis of the global Data Resiliency Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.

Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

The report presents in-depth insights into each of the leading Data Resiliency Market end user verticals along with annual forecasts to 2032. The report provides revenue forecast with sales, and sales growth rate of the global Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

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Key Market Players:

► Lumen Technologies, Inc.

► Acronis International GmbH

► NetApp, Inc.

► Ca Technologies

► Commvault

► Carbonite, Inc.

► IBM Corporation

► Microsoft Corporation

► Micro Focus , Inc

► Asigra Inc.

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