Press release
Global Data Protection Appliances Market to grow at a CAGR of 41.23% during the period 2017-2021
"The Report Global Data Protection Appliances Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"About Data Protection Appliances
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.
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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.
Technavios analysts forecast the global data protection appliances market to grow at a CAGR of 41.23% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global data protection appliances market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of different types of data protection appliances hardware and the integrated data protection appliances.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Data Protection Appliance Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Dell EMC
Hewlett Packard Enterprise Development
IBM
Veritas Technologies
Other prominent vendors
Asigra
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Market driver
Protection of ongoing transactions
For a full, detailed list, view our report
Market challenge
Cloud storage: Data security issue
For a full, detailed list, view our report
Market trend
End-to-end protection for cloud storage devices
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
About us
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