About Data Resiliency
Data resiliency refers to the ability to “spring back” in situations where it is compromised. In cloud, data is resilient as it can be stored in a number of different locations. In the event a location goes down or the data becomes corrupted, no location is better than the other, and availability is just improved by the more places data is stored. Also, the users have access to data so long as the location they are storing their data at is accessible and the data isn’t compromised. In case of the location goes down, users are directed to the second location. Moreover, if all locations goes down, the organisation no longer has access to its data.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Data Resiliency market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Acronis (Switzerland), Asigra Inc. (Canada), CA Technologies (United States), Carbonite, Inc. (United States), CenturyLink (United States), Commvault Systems, Inc. (United States), IBM (United States), Micro Focus (United Kingdom), Microsoft (United States) and NetApp (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Quest Software, Inc. (United States), Unitrends (United States), Veeam Software (Switzerland), Veritas Technologies LLC (United States) and VMware (United States).
Segmentation Overview
AMA Research has segmented the market of Global Data Resiliency market by Type (Backup and Recovery, Replication and Snapshotting), Application (Business Continuity, Healthcare and Finance and Banking) and Region.
On the basis of geography, the market of Data Resiliency has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Vertical , the sub-segment i.e. BFSI will boost the Data Resiliency market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment , the sub-segment i.e. On premises will boost the Data Resiliency market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Components , the sub-segment i.e. Solutions will boost the Data Resiliency market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organisation size , the sub-segment i.e. SMEs will boost the Data Resiliency market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for Advanced Technologies
Market Growth Drivers:
Rise in Data Generated from Various Sources is Fuelling the Market Growth and Increasing Adoption of Cloud Computing and EDGE Networks
Challenges:
Issues Related to Management of Unstructured Data
Restraints:
Availability of Open Source Alternatives
Opportunities:
Increasing Attractiveness to Block chain Solutions and Rising need for Data Security and Privacy Concerns
Market Leaders and their expansionary development strategies
In July 27, 2023 — Absolute Software™ (“Absolute” or the “Company”), the only provider of self-healing, intelligent security solutions, today announced the successful completion of its acquisition by an affiliate of Crosspoint Capital Partners, LP (Crosspoint Capital), a leading private equity investment firm focused on the cybersecurity, privacy and infrastructure software markets.
In October 10, 2023 — Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world’s most advanced data storage technology and services, today announced critical new data resilience offerings, including the introduction of Pure Protect™//DRaaS, a unique Disaster Recovery as a Service (DRaaS) solution, new energy efficiency guarantees for its Evergreen® portfolio, and scalable AI-powered storage services via its Pure1® management platform to global enterprises.
Key Target Audience
Data resiliency service providers, Government associations, Research organisations, software vendors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.