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Key Trend Reshaping the Data Resiliency Market in 2025: Innovative Data Protection Solutions Driving Reliability In The Market
Data Resiliency
The surge in the utilization of cloud computing is anticipated to drive the expansion of the data resiliency market in the foreseeable future. Cloud computing involves managing and accessing computing services such as storage and applications via the internet, negating the requirement for physical infrastructure. The enhanced uptake of cloud computing is linked to its cost-effectiveness, scalability, flexibility, and growing demand for real-time analytics and remote data access. Data resiliency is crucial in promoting the use of cloud computing by guaranteeing data recovery, availability, and integrity, hence mitigating concerns about data loss and downtime in fluctuating cloud settings. For instance, as per Eurostat, a government agency based in Luxembourg, the percentage of businesses acquiring cloud computing services in the EU increased by 4.2 percentage points in 2023 versus 2021. Additionally, in September 2022, AAG IT Support Service, a digital transformation service provider located in the US, shared reports indicating that 63% of the 753 technical and business professionals surveyed worldwide recorded heavy usage of cloud services in 2022. This presented a significant increase from 59% recorded in 2021. As a result, the upward trend in cloud computing uptake is fuelling the expansion of the data resiliency market.
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What growth opportunities are expected to drive the data resiliency market's CAGR through 2034?
In recent times, there has been a sharp increase in the market size of data resiliency. It is projected to expand from $14.48 billion in 2024 to $16.61 billion in 2025, with a compound annual growth rate (CAGR) of 14.7%. The unprecedented growth during the historical period originates from rising data safety and security considerations, the embrace of operational excellence, data quality management solutions, exponential data creation from diverse sources, and escalating privacy and security concerns.
The market size of data resiliency is projected to experience swift expansion in the coming years, ballooning to $20.47 billion by 2029 with a compound annual growth rate (CAGR) of 14.4%. This growth throughout the predicted period can be credited to the quick expansion of information derived from a range of different sources, the growing implementation of recovery solutions and cloud-based data backup, escalating threats to cybersecurity, and heightened attention on risk management. Key trends during the prediction period encompass increasing appeal towards blockchain solutions, the rise of new technologies, the automation of disaster recovery, the integration of artificial intelligence, and the inclusion of IoT devices.
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What are the emerging trends shaping the future of the data resiliency market?
Key players in the data resiliency market are creating cutting-edge solutions, such as data safety measures, to boost system resilience and defend vital data against interruptions. These data protection solutions encompass various strategies and technologies formulated to maintain data's confidentiality, integrity, and accessibility, often via encryption, backup, and disaster recovery procedures. An example is the American data protection and business continuity firm Arcserve LLC, which, in October 2024, rolled out UDP 10 to enhance virtualization support and bolster malware defense in multi-cloud settings. This version incorporates superior malware defense features that use real-time behavioral assessment to spot and counteract emerging threats, thereby upholding data integrity throughout distributed networks. Additionally, it simplifies management by providing a unified interface for improved control and enhances scalability, thereby minimizing the intricacies of safeguarding extensive and varied environments.
Which growth-oriented segments of the data resiliency market are leading the industry's development?
The data resiliency market covered in this report is segmented -
1) By Component: Solution, Service
2) By Deployment Mode: On-Premise, Cloud
3) By Enterprise Size: Large Enterprises, Small Medium Enterprises
4) By Industry Vertical: Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecom, Retail And Consumer Goods, Government, Public Goods, Healthcare, Media And Entertainment, Manufacturing, Other Industrial Verticals
Subsegments:
1) By Solution: Backup And Recovery Solutions, Disaster Recovery Solutions, Data Archiving And Replication Solutions, Cloud Data Protection Solutions, Encryption And Security Solutions
2) By Service: Consulting And Advisory Services, Managed Data Resiliency Services, Deployment And Integration Services, Support And Maintenance Services, Compliance And Risk Management Services
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What regions are leading the charge in the data resiliency market?
North America was the largest region in the data resiliency market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data resiliency market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the data resiliency market?
Major companies operating in the data resiliency market are Microsoft Corporation, Huawei Technologies Company Limited, accenture* plc, International Business Machines Corporation, Infosys Limited, Kyndryl Holdings Inc., VMware Inc., HCL Technologies Limited, Wipro Limited, NetApp Inc., CA Technologies Inc., DXC Technology Company, Veeam Software Group GmbH, Quest Software Inc., Commvault Systems Inc., Rubrik Inc., Cohesity Inc., Acronis International GmbH, Carbonite Inc., Asigra Inc.
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What Is Covered In The Data Resiliency Global Market Report?
•Market Size Forecast: Examine the data resiliency market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the data resiliency market for a structured understanding.
•Key Players Overview: Analyze major players in the data resiliency market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the data resiliency market.
•Segment Contributions: Evaluate how different segments drive overall growth in the data resiliency market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the data resiliency market.
•Industry Challenges: Identify potential risks and obstacles affecting the data resiliency market.
•Competitive Landscape: Review strategic developments in the data resiliency market, including expansions, agreements, and new product launches.
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