Data resiliency market is expected to grow at a considerable rate during the forecast period 2019-2025. Data resiliency is defined as the ability of the storage system, network, server, and whole data center to recuperate quickly and continue functioning in case of power outage. Data resiliency is a strategic part of an architecture and is generally connected with data center disaster-recovery considerations and other disaster arrangements such as data protection. The data resiliency can be achieved by using redundant subsystems, systems, component, and services. The global data resiliency market experiences a significant growth due to the rising demand for data security coupled with growing concerns related to the privacy in the organizations. The issues related to data protection has frequently practiced in many areas such as cloud computing, social networking and consumer profiling by online advertising. However, the availability of open source substitutes and concern related to the management of unstructured data are the factors that are restraining the global data resiliency market.
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The global data resiliency market is segmented on the basis of component type, deployment type, and end-use. Based on the component type the global data resiliency market further classified into solutions and services. By deployment type, the market is segmented into cloud-based and premises-based. The cloud-based resiliency market has significant growth due to cost effectiveness and the capability of storing larger volumes of data. The market on the basis of end-use is diversified into BFSI, consumer & retail industry, IT & telecommunication, healthcare & life sciences, and others such as government, and media and entertainment.
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The global data resiliency market further classified on the basis of geography including North America, Europe, Asia-Pacific and Rest of the World. North America has a significant market share in the global Data Resiliency market due to the presence of major market players such as IBM Corp. Microsoft Corp. and rising investment by these players for the development of the data resiliency technology. Asia-Pacific has significant growth due to the rising adoption of the data backups and recovery software for the industrial applications in the region.
The major players that contributing in the growth of the global data resiliency market includes Acronis International GmbH, Actifio Inc., Asigra Inc., Broadcom Inc., Carbonite, Inc., Commvault, Dell Inc., FalconStor Software, Hewlett Packard Enterprise (HPE) Company, IBM Corp., Microsoft Corp., Oracle Corp., and others. By product launch, collaborations, partnerships, merger & acquisitions, and other market strategies, these market players are gaining a significant position that propels market growth. For instance, in June 2018, IBM Corp. and Commvault partnered to offers data safety for IBM business resiliency services customers through Commvault data management platform.
Global Data Resiliency Market Segmentation
By Deployment Type
• On-Premises
• Cloud-Based
By End-Use
• BFSI
• Consumer & Retail industry
• IT & Telecommunication
• Healthcare & Life Sciences
• Others
Regional Analysis
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Acronis International GmbH
• Actifio Inc.
• Asigra Inc.
• Barracuda Networks, Inc.
• Broadcom Inc.
• Carbonite, Inc.
• Commvault Systems Inc.
• Dell Inc.
• FalconStor Software, Inc.
• Freeit Data Solutions, Inc.
• Hewlett Packard Enterprise (HPE) Co.
• IBM Corp.
• Microsoft Corp.
• NetApp Inc.
• Oracle Corp.
• Quest Software Inc.
• R3 Data Recovery Ltd
• Seagate Technology LLC
• Unitrends
• Veeam
• Veritas Technologies, LLC
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