What is Data Erasure Solutions Market?
Data erasure solutions help to permanently erase all data from hard drives, removable media, and mobile devices. These solutions are designed to protect the most sensitive data, regardless of device type. It is an essential step in any data security plan. Increasing Threat of Data Loss From Old Assets and High Demand for Data Erasure Solutions are the driving factors for global data erasure solutions market.
The market study is being classified by Type (Software, Hardware and Service) and major geographies with country level break-up.
WhiteCanyon Software, Inc. (United States), Kroll Ontrack, LLC (United States), Blancco Technology Group (United States), Certus Software Ltd (Germany), Extreme Protocol Solutions (United States), DestructData, Inc. (United States), WipeOS (United States), PT. Sistemindo Teknotama Mandiri (Indonesia), NETprotocol Ltd (United Kingdom) and Charterhouse Müller (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Hitachi (Japan), Tekovery, Inc (United States) and Symtrex Inc (Canada).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Data Erasure Solutions market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Data Erasure Solutions market by Type, Application and Region.
On the basis of geography, the market of Data Erasure Solutions 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Threat of Data Loss From Old Assets
- High Demand for Data Erasure Solutions
Market Trend
- Increasing Acceptance of Cloud Infrastructure in Different Organizations
Restraints
- Lack of Awareness of Data Security and Usefulness of Data Erasure Software Solutions
Opportunities
- Growing Demand from End-user Industries
- Technological Advancements in the Data Erasure Solutions
Challenges
- Privacy and Security Issues
In April 2019, Blancco Technology Group, the industry-standard in data erasure and mobile device diagnostics, has announced Blancco Mobile Diagnostics and Erasure (BMDE) on Mac. This new solution gives mobile carriers, mobile processors, 3PLs and device repair and recycling operators the ability to quickly process high volumes of iOS mobile devices before they enter the second-hand market.
Key Target Audience
Data Erasure Solution Providers, Emerging Companies, Research Professionals and End-users