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Title: Data Recovery Market Size, Trends & Analysis – Forecasts To 2025


1
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Data Recovery
Market Market Insights The global data recovery
market is anticipated to grow at an exponential
rate over the forecast period. The data recovery
software is widely accepted by a large number of
end users as it provides automated, reliable,
cost-effective, secure, and scalable solutions to
enterprises and also ensures business continuity
in the event of any mishap. Data recovery system
enables data recovery due to data loss. Internet
of Things installations will generate huge
volume of data. The companies decide which types
of IoT-related data should be restored in the
cloud for safekeeping, according to their
requirements. The advanced backup system with
analytics application prioritizes data backups
and ensures the right data is readily available
whenever required. The demand for data recovery
software is likely to increase significantly over
the forecast period, due to the growing number
of cyber threats and vulnerabilities across the
globe.
2
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Data Recovery Insights The global
data recovery market is divided into Recovery
from local device, Recovery from cloud, Recovery
right in the cloud, based on data recovery
methods. Recovery right in the cloud segment is
anticipated to grow at a significant CAGR over
the forecast period, followed by recovery from
cloud segment. Recovery right in the cloud
solution sets up a virtual machine for the users
in the cloud itself, if local device is damaged.
The users can continue to run these applications
right from the cloud. Recovery from cloud
solution is a backup and restore strategy that
includes storing and maintaining copies of data
in a cloud computing environment. Recovery from
local device segment is anticipated to grow at a
steady rate over the years on account of
advanced cloud backup technologies. Deployment
Model Insights The global data recovery market
is classified into Public, Private and Hybrid,
based on deployment model. The cloud backup and
recovery software plays a vital role in
intelligent business continuity strategy. The
public cloud segment is likely to register a
significant CAGR over the forecast period owing
to its better utilization rate and greater
economies of scale. The hybrid cloud segment is
also anticipated to grow at a substantial rate as
it alleviates data security concerns related to
cloud computing. The other benefits associated
with hybrid cloud solution include security,
storage, savings, and virtualization. Moreover,
many small and midsize enterprises are developing
their own private cloud infrastructure to meet
their internal computing and storage and backup
requirements. Organization Size Insights The
global data recovery market is segmented into
Small Medium-Sized Enterprises and Large
Enterprises. The increase in the adoption rate of
cloud-based solutions among Small and Medium-
sized Enterprises (SMEs) is anticipated to boost
the global data recovery market over the coming
years.
3
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Applications Insights The global
data recovery market is classified into BFSI,
Consumer Goods Retail, Government Public
Sector, Healthcare Life Sciences,
Manufacturing, Media Entertainment, and
Telecommunication, based on applications. Manufac
turing sector accounted for a dominant market
share in 2016 and is further anticipated to
register significant CAGR over the forecast
period. Factors such as rising demand for secure
efficient data access coupled with storage
solution and low cost is anticipated to boost the
growth of this segment over the coming years.
Regional Insights North America accounted for a
significant market share in 2016. The market in
Asia Pacific is expected to witness highest CAGR
over the forecast period. The regional growth is
primarily attributed to the development of their
IT infrastructure and manufacturing sector. The
industries, particularly from China and India
are gradually exploring new technologies and
capabilities to make full use of their existing
systems and data. However, the growing number of
many SMEs and large organizations in this region
is projected to contribute to the growth of the
market over the forecast period. End-Use
Landscape The end-use landscape includes a list
of current and prospective consumers prevailing
across the regions. This section provides
company addresses, contact details, products, and
regional presence of companies who are
purchasing or are likely to purchase products
from the data recovery market. The major
consumers of the product are ATT Inc. and ICBC
among others.
4
  • GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
  • Competitor Analysis
  • Some of the leading vendors profiled in the
    global data recovery market include Microsoft,
    Datto, Inc., Veritas Technologies, Dell EMC,
    IBM, Veeam, Commvault, and HPE, Arcserve among
    others.
  • The report segments the Data Recovery Market on
    the basis of By Data Recovery
  • Recovery From Local Device
  • Recovery From Cloud
  • Recovery Right In The Cloud
  • By Deployment Model
  • Public
  • Private
  • Hybrid
  • By Organization Size
  • Small Medium-Sized Enterprises

5
  • GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
  • This article contains text from the Data
    Recovery Market Size, Trends Analysis
    Forecasts To 2025 report prepared by Global
    Market Estimates. For more information or to buy
    the report, please visit https//www.globalmarke
    testimates.com/global-data-recovery-market/
  • Check our annual research partenership service
    at https//www.globalmarketestimates.com/annual-
    research-partnership-services/
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