{"id":468436,"date":"2020-02-19T05:34:01","date_gmt":"2020-02-19T05:34:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=468436"},"modified":"2020-02-19T05:34:01","modified_gmt":"2020-02-19T05:34:01","slug":"data-protection-and-recovery-solution-market-2020-2023-leading-growth-drivers-industry-segments-business-trends-emerging-audience-and-regional-study","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/data-protection-and-recovery-solution-market-2020-2023-leading-growth-drivers-industry-segments-business-trends-emerging-audience-and-regional-study_468436.html","title":{"rendered":"Data Protection and Recovery Solution Market 2020 \u2013 2023: Leading Growth Drivers, Industry Segments, Business Trends, Emerging Audience and Regional Study"},"content":{"rendered":"
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Data Protection and Recovery Solution Market<\/div>\n<\/div>\n<\/div>\n
global Data Protection & Recovery Solution market is expected to reach approximately USD 12 billion by 2023 growing at a ~12% CAGR over the forecast period 2018-2023 and Data Protection & Recovery Solution Market Research Report, By Component (Solution, & Services), Deployment (On-Premise, & Cloud), Organization Size (Small and Medium, and Large)<\/div>\n

Data Protection & Recovery Solution <\/strong>Market Highlights:<\/strong><\/p>\n

The global market for data protection & recovery solution 2020 can reach an approx. valuation of USD 12 billion by the year 2023, estimates Market Research Future (MRFR). The market can also record a growth rate of 12% over the forecast period (2018-2023).<\/p>\n

One of the chief reasons for the strong growth of the data protection and recovery solutions market is the increasing adoption rate of cloud data models among enterprises as well as private and government organizations to enhance their operational capabilities. Another prime factor inducing market growth can be the rising complexity of enterprise networks that connects every computer and the associated devices at varying locations.<\/p>\n

In an attempt to achieve better organizational efficiencies, numerous organizations are making use of technologies like big data infrastructure, which has propelled the overall size of corporate data. On top of the ease of access to data on cloud aspect, the mounting risk of a breach in data vaults has also driven the demand for Data Protection & Recovery Solution Market<\/a><\/strong>.<\/p>\n

Furthermore, given the advent of Industry 4.0 within the production and manufacturing industry, it is projected that the data generated from manufacturing machines can surge exponentially, thus pushing the demand for data protection and recovery solutions.<\/p>\n

Request a Free Sample @<\/strong> https:\/\/www.marketresearchfuture.com\/sample_request\/6108<\/a><\/strong><\/p>\n

Significant Industry Participants:<\/strong><\/p>\n

The data protection and recovery solution market size is expanding at a considerable pace, with great contribution from players like Hewlett Packard (U.S), Commvault (U.S), Symantec (U.S), IBM (U.S), Acronis International GmbH (Switzerland), Veeam Software (U.S), Oracle (U.S), NetApp (U.S), McAfee (U.S), CA Technologies (U.S), and others.<\/p>\n

Some other companies that also influence the market dynamics are Unitrend(U.S), Quantum Corporation (U.S), Arcserve(U.S), to mention a few.<\/p>\n

Market Segmentation:<\/strong><\/p>\n

Component, deployment, organization size and vertical are the primary segments based on which the data protection and recovery solution industry have been studied in the MRFR report.<\/p>\n