Cloud Network Infrastructure Market Share, Business Overview, Challenges, Opportunities Share Global Analysis and Forecast to 2027

Market Overview:
The global Grow
Recovery Solution is estimated to reach approximately USD
12 billion by 2023 expanding at a CAGR of 12% during the forecast period of
2018-2023. The data protection and recovery solution market 2020 is estimated
to grow owing to the increasing cyber-attacks cases, increasing demand to cut
down the operational costs, and data safety concerns. Data protection and
recovery solution have utilization in several verticals such as energy and
power, IT and telecom, defence, healthcare, and e-commerce. The multitier,
flexible architecture promises virtual absolute expansion, consolidated
management, and end-to-end data protection and data protection for heterogeneous
technologies.
In today’s era, data has
become the most asset for every organization. Protecting it from the public
domain is of huge importance and hence, data protection and recovery solution
system market is propelling. Data protection and recovery solution assure an
uninterrupted business functioning in case of unforeseen incidents. The
solution assists in keeping the data more intact and confidential. A data
protected backup appliance assists indirect control over the recovery of data
and the backup. It assists in creating application-specific data protection
strategies to meet the demands of the organization using the familiar RMAN
utilities and interface. It helps in improving the output and saves time for
backup administrators to focus on strategic initiatives.
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Some of the eminent players of data protection and
recovery market consists of NetApp (U.S),
Acronis International GmbH (Switzerland), IBM (U.S), CA Technologies (U.S),
Oracle (U.S), Symantec (U.S), Hewlett Packard (U.S), Veeam Software (U.S),
McAfee (U.S), Commvault(U.S), and others.
Other key players include Quantum
Corporation (U.S), Arcserve (U.S), Unitrend (U.S) among others. The
players invest a significant amount in research and development programs. The
innovative initiatives are taken to present cost-effective offerings. These
initiatives have helped the market to grow more competitive.
Segmental Overview:
The data protection and
recovery market are segmented based on component, deployment, organization and
vertical.
Based on components, the
market is segmented into solutions and services. The solution is further
divided into identity and access management, data backup and recovery, data
archiving and e-discovery, data loss prevention, disaster recovery,
tokenization, encryption. Service is further divided into managed services and
professional services.
Based on deployment, the
market is classified into on-cloud and on-premises.
Based on organization
size, the market is divided into small and medium enterprises and large
enterprises.
Based on vertical, the
market is divided into retail, banking, financial services and insurance
(BFSI), government, IT and telecom, and others.
Regional Analysis:
The global market for data protection and recovery
solutions is anticipated to expand at a significant rate during the forecast
period from 2018-2023. The regional study of data protection and recovery
solution market is performed for regions such as Asia-Pacific, Europe, North America,
and the Rest of the world.
Asia-Pacific is anticipated to expand at a faster
rate owing to the higher number of adoptions of cloud-based technologies and
services. With the adoption of managed services in the developing economies are
India, Japan and China, the data protection and recovery solution is
anticipated to grow with the maximum CAGR.
The North American market is estimated to lead the
data protection and recovery solution market during the forecast tenure due to
the company’s interest shifting towards updated, upgraded and modern
technologies with the rising in the adoption of digital business strategies.
With the presence of major players like CA Technologies (U.S), IBM (U.S),
Symantec (U.S), Oracle (U.S), McAfee (U.S), Hewlett Packard (U.S), Commvault
(U.S), Veeam Software (U.S), and few others fuel the market to grow at a faster
pace.
Industry News
The global Grow Recovery Solution Market Research Trends
has been affected due to the lockdown across the regions. This pandemic
situation has hampered the Grow
Recovery Solution Market Research Growth as well as its productivity,
supply chain, and others. Moreover, the global market has lost its investors
due to the increasing loss for the products, supply, transportation, workforce,
and others. However, in the meantime, the key market players have implied
various strategic techniques to boost global market growth. Thus, to meet the
global market demands, the global market increased its speed in producing more
valuable products for its intended customers. Recently, the global market has
stabilized its position in the global market and is expected to register a
higher Grow Recovery Solution Market
Research Size for the forecast
period.
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Table of Contents:
1 Executive
Summary
2 Scope of the
Report
2.1 Market
Definition
2.2 Scope
of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets
Structure
3 Market
Research Methodology
3.1 Research
Process
3.2 Secondary
Research
3.3 Primary
Research
3.4 Forecast
Model
Continued….
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