Global Data Protector Market Overview:
Data Protector is referred to as a technique that is used for simplifying and standardize data protection across virtual, physical, and cloud environments with the adaptive architecture which is based on an advanced security model. The market of data protection is rising due to growing concern regarding critical data loss in an enterprise and adoption of data protectors by the large scale industry is creating an opportunity in a data protector market. While some of the factors like lack of availability of technical expertise is restraining the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing Technological Advancements in Data Protector
Market Growth Drivers:
Growth of Enormous Amount of Data and the Need for Data Security and Privacy Concerns, Regulations to Increase the Adoption of Data Protection Solutions and Rising Concerns of Critical Data Loss in the On-Premises Environment
Challenges:
Management of Unstructured Data and Lack of Technical Expertise Among Enterprise Workforce
Restraints:
Compatibility Concerns for Traditional and On-Premises Applications in the Cloud Environment
Opportunities:
Large-Scale Adoption of Data Protector in Highly Regulated Industry Verticals and Blockchain Solutions for the Future of Data Backup
Competitive Landscape:
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
Some of the key players profiled in the report are Micro Focus (United Kingdom), HP (United States), FUJITSU (Japan), Gemalto (Netherlands), IBM (United States), Symantec (United States), CA Technologies (United States), Oracle (United States), McAfee (United States) and NetApp (United States). Additionally, following companies can also be profiled that are part of our coverage like Quest Software (United States), Veeam Software (United States) and Acronis (Switzerland). Analyst at AMA Research see United States Players to retain maximum share of Global Data Protector market by 2030. Considering Market by Deployment Mode, the sub-segment i.e. Cloud will boost the Data Protector market.
Latest Market Insights:
In late October 2023, Acronis, a major player in cyber protection, acquired Cyber Technologies LLC, a specialist in data discovery and classification. This move strengthens Acronis' data security offerings and expands its reach within the legal and compliance sectors.
In November 2023, Acronis unveiled Active Protection Service, a real-time cyberattack detection and prevention solution that proactively identifies and neutralizes threats before they can cause damage.
What Can be Explored with the Data Protector Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Data Protector Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Data Protector
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Data Protector market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Data Protector market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Regulatory bodies, Security solution vendors, Data protector vendors, ISVs, Information security consulting firms, IT service providers, VARs and Managed Security Service Providers (MSSPs).
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.