Data Protection and Recovery Solutions Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
Albany, NY -- (SBWIRE) -- 04/13/2018 -- Data protection and recovery solution plays a vital role not only in securing the corporate data from cyber threats but also provides a medium to recover the lost data due to intrusion by malicious software and cyber malware. With applications in most of the end use industries from manufacturing to aerospace and defense, data protection and recovery solutions have grown a necessity for most of the company dealing with data management.
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The prominent reason supporting and driving the growth of data protection and recovery solutions market is the adoption of cloud data models by the enterprises, and private and government organizations for optimizing operational capabilities. Another factors responsible for the growing demand of data protection and recovery solutions is the increasing complexity of the enterprise network which connects all the computers and associated devices of the organization at different locations.
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To achieve greater organizational efficiencies, organizations are adopting technologies such as big data infrastructure, as a result of which, the size of corporate data is increasing at a rapid pace. Along with a flexibility to access data over cloud, the risk of breach into the data vaults has also increase, thereby creating a demand for data protection and recovery solutions. Furthermore, with the introduction of Industry 4.0 in the manufacturing and production industry, the data from the manufacturing machines is expected to rise exponentially, thereby creating a demand for data protection and recovery solutions in coming years.
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Global data protection and recovery solutions market can be segmented on the basis of deployment, enterprise, solutions and service, end-use industry, and geography. Based on deployment, the market can be segmented into on-premise and cloud deployment. On the basis of enterprise the data protection and recovery solution market can be segmented as large enterprise and small & medium enterprise. The enterprise size is distinguished on the number of employee and geographic presence. The solution and services segment can be further segmented into email protection, end to end data protection, application recovery management, cloud application protection, and others. The end-use industry segment can be bifurcated into IT and telecommunication, BFSI, transportation, government and defense, aerospace, healthcare, manufacturing, energy and utility and others.