Data Resilience Market by Offering, Deployment Type, Enterprise Size, Vertical

List of Tables

[181 Pages Report] The Data Resilience Market size was estimated at USD 22.39 billion in 2023 and expected to reach USD 26.52 billion in 2024, at a CAGR 18.72% to reach USD 74.45 billion by 2030.

Data resilience includes solutions and services that help continue operating and managing data effectively despite hardware or software failures, power outages, cyber-attacks, or other disruptions. It involves implementing strategies and solutions that allow data storage systems to withstand such incidents without losing critical information or experiencing prolonged downtime. Increasing digitalization with a rising quantity of data generation is expanding the demand for data resilience solutions to protect and manage this data efficiently. The rise in cyber-attacks, such as ransomware and data breaches which makes data resilience critical to safeguard sensitive information is further driving the demand for data resilience solutions. The high cost of implementing data resilience solutions and the complexity associated with the integration of solutions hampers the growth of the market. Rising innovations in technology, including cloud computing and advanced data analytics that prompt organizations to refine their data resilience strategies to leverage new tools effectively are expected to create opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 22.39 billion
Estimated Year [2024]	USD 26.52 billion
Forecast Year [2030]	USD 74.45 billion
CAGR (%)	18.72%

Regional Insights

In the Americas, there is a strong emphasis on maintaining robust data protection and recovery strategies due to the advanced technological infrastructure and strict regulatory frameworks including GDPR for companies dealing with European data and CCPA in California. The presence of major technology players and a highly digitalized business environment drive the demand for data resilience solutions in the Americas to safeguard critical data against cyber attacks, natural disasters, and system failures. The APAC region exhibits rapid growth in the data resilience market, fueled by the expansive digital transformation across emerging economies such as India, China, and Southeast Asian countries. There is a significant increase in cloud services, and increasing awareness about data security among small to mid-sized enterprises boosts the adoption of data resilience solutions. In EMEA, the rising focus on data protection is heavily influenced by regulatory requirements such as the General Data Protection Regulation (GDPR) is creating a platform for data resilience solutions. The need for data resilience is paramount to ensure compliance and protect sensitive information. The Middle East and Africa are gradually expanding, with an increasing number of businesses recognizing the importance of data resilience amidst rising cyber threats and expanding digital infrastructure.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Data Resilience Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Vast amount of data generation and storage worldwide
- Growing numbers of cyber attacks and data breaches
- Expanding adoption of data resiliency solutions in IT infrastructures to meet regulatory standards

Market Restraints
- Expensive nature of implementing comprehensive data resilience solutions

Market Opportunities
- Innovations in cloud computing, artificial intelligence, and machine learning
- Ongoing digitalization of small and medium enterprises

Market Challenges
- Concerns associated with data sovereignty and privacy

Market Segmentation Analysis
- Offering: Growing usage of data resilience solutions for data backup & recovery
- Vertical: High potential of data resilience solutions across the Banking, Financial Services, & Insurance (BFSI) sector to maintain customer trust by guaranteeing financial operations

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Data Resilience Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Data Resilience Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Commvault Acquires Appranix to Enhance Cyber Resilience and Rapid Recovery Capabilities

Commvault acquired Appranix to augment Commvault's capabilities, enabling enterprises to recover more swiftly from disruptions such as cyberattacks and outages. This move highlights Commvault's commitment to advancing its technology to support faster and more efficient disaster recovery for its clients. [Published On: 2024-04-16]

Enhancing Cyber Resilience: The Introduction of Commvault Cloud

Commvault unveiled its latest innovation, Commvault Cloud, integrating its existing SaaS and software products into a singular platform powered by Metallic AI. This platform is strategically designed to improve cyber resilience in organizations, affording them comprehensive visibility and control from one centralized interface. Commvault Cloud is engineered to anticipate cyber threats swiftly, facilitate rapid, unblemished data recovery, and speed up response times to threats while ensuring data security across diverse workloads and infrastructures. [Published On: 2023-11-08]

Enhancing Data Resilience: Pure Storage's New Strategic Initiatives

Pure Storage unveiled its advancements in data storage technology aimed at bolstering data resilience across enterprises. The launch includes Pure Protect//DRaaS, a consumption-based disaster recovery service that tailors data recovery solutions to enterprise needs. Additionally, Pure1 now features an innovative data resilience scoring system and the Evergreen portfolio has been updated with energy efficiency guarantees and a new Paid Power and Rack commitment. [Published On: 2023-10-10]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Data Resilience Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Data Resilience Market, highlighting leading vendors and their innovative profiles. These include Acronis International GmbH, Amazon Web Services, Inc., Barracuda Networks, Inc., Carbonite, Inc., Cisco Systems, Inc., Commvault Systems, Inc., Datto, Inc., Dell Inc., FalconStor Software, Inc., Hewlett Packard Enterprise Company, Hitachi Vantara Corporation, International Business Machines Corporation, Microsoft Corporation, NetApp, Inc., Nimble Storage, Inc., Oracle Corporation, Pure Storage, Inc., Rubrik, Inc., Veeam Software AG, Veritas Technologies LLC, VMware, Inc., and Zerto Ltd..

Market Segmentation & Coverage

This research report categorizes the Data Resilience Market to forecast the revenues and analyze trends in each of the following sub-markets:

Offering
- Services
  - Infrastructure-as-a-Service
  - Platform-as-a-Service
  - Software-as-a-Service

Solutions
- Data Archiving
- Data Backup & Recovery
- Disaster Recovery

Deployment Type
- On-Cloud
- On-Premises

Enterprise Size
- Large Enterprises
- Small and Medium Enterprises

Vertical
- Banking, Financial Services, & Insurance
- Government & Public Sector
- Healthcare
- IT & Telecommunications

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-237D3592FC7B

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Vast amount of data generation and storage worldwide
  - 5.1.1.2. Growing numbers of cyber attacks and data breaches
  - 5.1.1.3. Expanding adoption of data resiliency solutions in IT infrastructures to meet regulatory standards
- 5.1.2. Restraints
  - 5.1.2.1. Expensive nature of implementing comprehensive data resilience solutions
- 5.1.3. Opportunities
  - 5.1.3.1. Innovations in cloud computing, artificial intelligence, and machine learning
  - 5.1.3.2. Ongoing digitalization of small and medium enterprises
- 5.1.4. Challenges
  - 5.1.4.1. Concerns associated with data sovereignty and privacy
5.2. Market Segmentation Analysis
- 5.2.1. Offering: Growing usage of data resilience solutions for data backup & recovery
- 5.2.2. Vertical: High potential of data resilience solutions across the Banking, Financial Services, & Insurance (BFSI) sector to maintain customer trust by guaranteeing financial operations
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Data Resilience Market, by Offering

6.1. Introduction
6.2. Services
6.3. Solutions

7. Data Resilience Market, by Deployment Type

7.1. Introduction
7.2. On-Cloud
7.3. On-Premises

8. Data Resilience Market, by Enterprise Size

8.1. Introduction
8.2. Large Enterprises
8.3. Small and Medium Enterprises

9. Data Resilience Market, by Vertical

9.1. Introduction
9.2. Banking, Financial Services, & Insurance
9.3. Government & Public Sector
9.4. Healthcare
9.5. IT & Telecommunications

10. Americas Data Resilience Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Data Resilience Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Data Resilience Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Commvault Acquires Appranix to Enhance Cyber Resilience and Rapid Recovery Capabilities
- 13.3.2. Enhancing Cyber Resilience: The Introduction of Commvault Cloud
- 13.3.3. Enhancing Data Resilience: Pure Storage's New Strategic Initiatives
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio