Global Data Protection Appliances Market to 41.23% CAGR to 2021 – Analysis of Dell EMC, Hewlett Packard Enterprise Development, IBM, and Veritas Technologies

MarketResearchNest.com adds “Global Data Protection Appliances Market 2017-2021” new reports to its research database. The report spread across 69 pages with tables and figures in it.

The research analysts forecast the global data protection appliances market to grow at a CAGR of 41.23% during the period 2017-2021.

Data protection appliances are defined as devices or appliances that are used to send critical data from the main location (off the main site) to an offsite location as part of the backup, archiving, or disaster recovery plans. Data protection appliances are simple to deploy and scale up and also support applications such as MongoDB, Hadoop, and MySQL. Traditional backup appliances include hybrid backup appliances. Data protection appliances are significantly less costly compared with traditional backup appliances in terms of both appliance and cloud storage costs. In the traditional backup process, data is usually transported from onsite to offsite by means of a magnetic tape or optical storage. Data can also be sent electronically via remote backup services to the data protection appliances. The data transfer from the online site to the off-site ensures that the data is restored in the event of a system crash.

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Technavio recognizes the following companies as the key players in the global data protection appliances market: Dell EMC, Hewlett Packard Enterprise Development, IBM, and Veritas Technologies

Other Prominent Vendors in the market are: Asigra.

The latest trend gaining momentum in the market is End-to-end protection for cloud storage devices
Cloud data storage devices need end-to-end protection solutions to reduce data security risks. Vendors are working to develop data protection appliances that support both encryption and decryption techniques. Currently, cloud-based server systems/cloud platforms do not provide end-to-end encryption. With this security feature in place in both the public and private networks, vendors will find a huge opportunity in data protection appliances for cloud-based services. Data appliances will be used to encrypt the data at the source and transit and then backup the data at the final stage. Thus, an end-to-end protection will provide the enterprise to depend on the cloud service providers to provide storage. The centralized management called DPA will improve the reliability and reduce expenditures.

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According to the report, one of the major drivers for this market is Protection of ongoing transactions. Modern data protection appliances solve the recovery point object (RPO) problems through a continuous transfer of redo changes to the appliances. This operation is also called real-time redo transport appliances.

Further, the report states that one of the major factors hindering the growth of this market is Cloud storage: Data security issue. With the development of cloud data storage, data security and data protection have become important. Cloud computing uses open network architecture to share and distribute resources and is susceptible to security issues. Without the strong encryption and decryption techniques, the files in the cloud storage are vulnerable to attacks in the open network during the data transmission. Even with the help of data protection appliances in the cloud server, the vulnerability can take place in the data transmission process during the backup process. Thus, cloud storage needs services such as authentication, encryption, decryption, and data compression at both the ends of the transmission.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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