The global data resiliency market is anticipated to grow at a significant CAGR of 15.1% during the forecast period (2022-2028). Resiliency refers to a server’s, network’s, storage system’s, or a data center’s capacity to quickly recover and continue working after an equipment failure, power outage, or other disruption. Data resiliency refers to the designed component of a facility’s architecture, which is often linked to other disaster planning and data center disaster recovery factors, such as data protection. It ensures that business applications and data are always available, even in the event of a disaster, such as power loss or a cyber-attack. It can be accomplished through logical replication, hardware replication, and data storage in various locations, among other methods.
Due to escalating data security concerns and the use of cloud-based data backup and recovery solutions, the global data resiliency market is developing. Moreover, many organizations’ emphasis on operational efficiency, data quality management solutions, and significant expansion in data collection from diverse sources are also contributing to market growth. Furthermore, Blockchain Solutions are attracting a wide range of businesses, indicating that the global data resiliency market would develop significantly.
The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, in order to stay competitive in the market. For instance,
- In Jun 2020, Commvault, one of the leading global enterprise software providers for data management in the cloud and on-premise environments, announced a multi-year agreement with Microsoft to integrate the company’s Metallic Software-as-a-Service (SaaS) data protection portfolio with Microsoft Azure, focusing on delivering scale and trusted security with simple SaaS management.
- In Jun 2020, Acronis, a cyber security company, signed a multi-year agreement with ACE Pacific Group, a cybersecurity distributor in the Asia-Pacific region. The colaboration will primarily give ACE Pacific Group’s broad distribution channels complete access to Acronis’ cyber defense solutions.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Component
- By Deployment Mode
- By Organization Size
- By Industry
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- IBM Corp., Microsoft Corp., NetApp, Inc., VMware, Inc. (Dell Technologies Inc.), and Micro Focus International plc., among others.
A full report is available at: https://orionmarketreports.com/global-data-resiliency-market/107950/
Global Data Resiliency Market Report by Segment
By Component
- Solution
- Services
By Deployment Mode
- On-Premise
- Cloud
By Industry
- BFSI
- Retail & E-Commerce
- Manufacturing
- Government & Defense
- IT & Telecom
- Education
- Healthcare
- Others
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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