Global Data Protection And Recovery Software Industry —
The Data Protection and Recovery software enables reliable, secure and timely backup and recovery of data from the host device to the destination device. The safeguarding of important information from corruption, compromise or loss is the purpose of data protection and recovery software. In the data protection and recovery software, the data protection focuses on privacy, data integrity, security and availability of the data while the latter focuses on the creation and management of backup copies of the data stored.
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The information stored digitally needs to be properly protected. The importance of data protection has been increasing for the past few years. The rise in the amount of data created and stored continues to grow at an unprecedented rate. Hence the protection and security of the data becomes important too or else the data can be misused by third-parties for fraud such as phishing scams and identity thefts. A large part of the data protection strategy is to ensure that data can be restored quickly and effectively without any loss.
The global data protection and recovery software report analyses the major factors that are driving the data protection and recovery market by the adoption of cloud-based services and technologies. Many key organizations are hence under the increased risk of data loss and data theft and unauthorized access to confidential information which increases the demand of the data protection and recovery software market. The global demand for the software is forecasted to rise in the period from 2019 to 2025.
The key players covered in this study IBM, Hewlett Packard Enterprise, EMC, Symantec, Microsoft
As the protection and recovery of data is on the rise, the market segmentation based on the type of software can be split into End to End Data Protection, Email Protection, Cloud Application Protection, and Application Recovery Management and so on. The Cloud Application Protection provides rich visibility, sophisticated analytics and control over the data travel to identify and combat cyber threats across all cloud services across different systems of the world.
Based on the applications of the data protection and recovery software, the market can be segmented into Telecommunications and IT, Retail and E-Commerce, BFSI, Healthcare, Government and Defense, Manufacturing and so on.
Countries like China, Japan, United States, India, and regions like Europe, Southeast Asia, Central and South America are the major markets working on improving the data protection and recovery software. The key companies related to this software are working on providing a hyper-convergence infrastructure which is replacing a range of devices for improving the data protection capabilities. The traditional backup methods used to protect data from ransomware have to be replaced, as more sophisticated malware is circumventing the traditional backup process. The inclusion of all the regulations and measures which the companies have to adhere to helps in keeping the data safe, accurate, secure and lawful.
Amid the growing awareness and innovations in data protection and recovery field, Veritas Technologies, a worldwide leader in enterprise data protection and software-defined storage has been announced as the leader in Magic Quadrant for Data Center Backup and Recovery Solutions by Gartner. And in another report, Dell Technologies is launching PowerProtect DD Series Appliances to enable organizations to protect, manage and recover their data across diverse environments.
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