Data Resiliency Market Size, Application, Analysis, Regional Outlook, Competitive Strategies, and Forecasts, 2018 - 2023
ID : RND_011123 Format : PDF July, 2019 Publisher : Netscribes Pages : 116
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%.
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.
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.
1. Asigra Inc.
2. CA Technologies
4. Carbonite, Inc.
5. Commvault Systems, Inc.
6. Veritas Technologies
9. Century Link
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
2.1. Global market overview- market trends, market attractiveness analysis, and geography-wise market revenue (USD Bn)
2.2. Global - market drivers and challenges
2.3. Porter's five forces analysis
2.4. Value chain analysis
Chapter 3: Data resiliency market based on components
3.2. a. Data backup and recovery
3.2. b. Data archiving and e-discovery
3.2. C. Disaster recovery
3.3. Professional services
3.3. a. Implementation and integration services
3.3. b. Support and maintenance services
3.3. c. Consulting services
3.4. Managed services
3.5. Data resiliency market based on deployment
3.5. a. Introduction
3.5. b. Cloud
3.5. c. On-premises
Chapter 4: Data resiliency market based on organization size - market overview
4.2. Small and medium enterprises (SMEs)
4.3. Large enterprises
Chapter 5: Data resiliency market based on verticals- market overview
5.2. Banking, financial services and insurance (BFSI)
5.4. Retail and consumer goods
5.6. Media and entertainment
5.7. Aerospace and defense
Chapter 6: Regional analysis- market overview
6.1. North America
6.4. The Middle East and Africa
6.5. Latin America
Chapter 7: Competitive landscape
7.2. Competitive situation and trends
7.2. a. New product launches and product enhancements
7.2. b. Agreements, collaborations and partnerships
7.2. c. Acquisitions
7.3. Market ranking of key players
Chapter 8: Competitive landscape
8.1. Market share of key companies
8.1. a. Company snapshot
8.1. b. Product offerings
8.1. c. Growth strategies
8.1. d. Initiatives
8.1. e. Geographical presence
8.1. f. Key numbers
* Note: All the competitors listed below will have similar coverage
8.5. CA Technologies
8.10. Veritas Technologies
Chapter 9: Conclusion
Chapter 10: Appendix
10.1. List of tables
10.2. Research methodology
10.4. About Netscribes Inc.
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model:
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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