PUBLISHER: KBV Research | PRODUCT CODE: 1649299
PUBLISHER: KBV Research | PRODUCT CODE: 1649299
The Asia Pacific Data Resiliency Market would witness market growth of 15.7% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Data Resiliency Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5,147.6 million by 2031. The Japan market is registering a CAGR of 15% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 16.5% during (2024 - 2031).
The market is expanding significantly as a result of the growing sophistication and frequency of cyberthreats. Ransomware attacks, phishing schemes, and malware incidents have become pervasive, targeting businesses of all sizes and sectors. These threats jeopardize critical data and disrupt business operations, causing downtime and financial losses.
Regulatory compliance constitutes a significant impetus within this market. Governments and regulatory bodies have implemented stringent data protection laws, such as the GDPR in Europe, the HIPAA in the United States, and the CCPA. These regulations require organizations to implement measures that safeguard data against loss, unauthorized access, and intrusions.
The energy and utilities sector is also witnessing significant investments in data resiliency as power grids modernize, renewable energy systems integrate, and smart energy management systems expand. Countries like South Korea, Singapore, and Malaysia are transitioning to IoT-enabled energy infrastructures, making them more vulnerable to cyber threats, ransomware attacks, and system intrusions. Energy providers are implementing real-time network monitoring, AI-driven anomaly detection, and cloud-based backup systems to address these risks to secure power generation, transmission, and distribution networks. In Singapore, the Smart Nation initiative has led to the adopting of blockchain-based security solutions, AI-powered grid management systems, and automated recovery mechanisms to mitigate risks. Similarly, South Korea's renewable energy projects rely on cloud-based data security solutions to protect wind and solar energy systems, ensuring uninterrupted energy supply and supporting global sustainability goals. Therefore, the demand for these resiliency solutions will accelerate as Asia Pacific digitizes its industries.
Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on End-use, the market is segmented into BFSI, Government, Energy & Utilities, Healthcare, Manufacturing, Retail, Telecom & IT, Media & Entertainment, and Other End-use. Based on Deployment, the market is segmented into Cloud, and On-Premises. Based on Type, the market is segmented into Solution (Data Backup & Recovery, Data Archiving & E-Discovery, and Disaster Recovery), and Services (Professional Service, and Managed Service). Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Data Resiliency Market Report Segmentation
By Organization Size
By End-use
By Deployment
By Type
By Country