Data Resiliency Market Market is developing at an Average Growth Rate of 18.8%- Driving Factors, Key Players included with Strategic Analysis

Data Resiliency Market

A new independent 100 page research with title ‘Global Data Resiliency Market (2018-2023)’  guarantees you will remain better informed than your competition. The study covers geographic analysis that includes regions like South America, Asia Pacific, Europe, MEA (Middle East, Africa), North America and important players/vendors such as IBM, Microsoft, Century Link etc. The research gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2022

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Summary
When technology falters, organizations end up having to bear the brunt. Technologies enhance consumer experience, but when data is compromised, the reputation of the company suffers significant damage. To overcome the difficulties that are faced due to the vulnerabilities of technology, organizations opt for data resiliency solutions.
Data resiliency is concomitant with disaster management and ensures data protection. Increasing data generation and growing concerns regarding its security are the factors expected to drive the growth of the global data resiliency market. The market is forecasted to grow from USD 11.69 Bn in 2018 to USD 27.63 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 18.8%.

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Application segment insights:
The growth of the Blockchain sector is creating a plethora of opportunities for data resiliency vendors in the market. The banking, financial services, and insurance (BFSI) segment is projected to lead the market, with a share of 24% during the forecasted period, owing to the enormous amounts of data that is generated on a regular basis.

Deployment segment insights:
The cloud segment of the data resiliency market is expected to expand at a higher CAGR than the on-premises segment during the forecast period (2018-2023), owing to its cost-effectiveness.
The small and medium-sized enterprises (SME) segment of the data resiliency market is projected to grow at a higher CAGR than the large enterprises segment during 2018-2023.

Regional insights:
North America is expected to dominate the data resiliency market in 2018 with an approximately 36.5% share of the market – owing to the presence of a number of large players in this region – followed by Europe. The data resiliency market in the Asia-Pacific region is expected to expand at a significant CAGR of 20.5% during the forecasted period. This is due to the increased use of data resiliency solutions in various verticals such as retail and consumer goods, healthcare, IT and telecommunication, and BFSI, to protect and backup crucial enterprise data. Rising incidence of cyberattacks is one of the crucial reasons for the increased demand for data resiliency solutions in the Asia-Pacific region.

Companies covered:
1. Asigra Inc.
2. CA Technologies
3. Acronis
4. Carbonite, Inc.
5. Commvault Systems, Inc.
6. Veritas Technologies
7. IBM
8. Microsoft
9. Century Link

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Chapter 1: Executive summary
1.1. Market scope and segmentation
1.2. Key questions answered in this study
1.3. Executive summary – global
1.4. Executive summary – North America
1.5. Executive summary – Europe
1.6. Executive summary – Asia-Pacific
1.7. Executive summary – Latin America
1.8. Executive summary – the Middle East and Africa

Chapter 2: Global Data Resiliency market – market overview
2

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