The data resiliency market is expected to grow at a CAGR of 14.1% in the forecast period of 2020 to 2027. Data Bridge Market Research report on the data resiliency market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Data Resiliency Market report provides
• segmentation of the global market based on technology, application, product, and region
• Each segment is explained through a chapter, which has been worded with careful thought to the ever-changing market dynamics
• This market research report also includes a chapter on companies, which includes their profiles
• This chapter details the progress made by the companies so far and their expansion plans for the near future
• The report performs a thorough analysis of the potential of the market in the present and the prospects from various angles.
• Data Resiliency Market report studies market risk, market overview, and market opportunities. It also evaluates the leading manufacturers of the global Data Quality Tools Market which consists of its revenue, sales, and price of the products.
• displays the competitive nature among key manufacturers, with market share, revenue, and sales. Furthermore, it presents the global market by regions, market share, and revenue and sales for the projected period
Data Resiliency Market report also evaluates the market by segments, by countries, and by manufacturers with revenue share and sales by key countries in these various regions.
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Opportunity: Rising attractiveness of blockchain solutions
Blockchain could be a sequential storage theme that's wont to record transactions and hash out contracts. the mixing of blockchain technology with knowledge resiliency solutions is Associate in the Nursing rising chance that gives indisputable knowledge verification. By exploiting blockchain technology, the information and transactions area unit is processed to supply a novel signature verified by rules of the accord. knowledge backup and recovery solutions exploitation the blockchain technology store the hashes of the information block, following that the encrypted and distributed hashes area unit wont to verify the information blocks. the mixing of blockchain-based knowledge verification technologies with knowledge resiliency solutions like knowledge backup and recovery permits the vendors to supply backup knowledge to users on native drives or the cloud. It additionally adds credibility to the private and business knowledge. Moreover, exploitation of the blockchain technology, the user's area unit protected against the cyberattacks within the cloud thanks to the requirement for blockchain-based verification.
Challenge: Management of unstructured knowledge
Managing unstructured knowledge could be a drawback faced by enterprises, and making certain the supply of knowledge for business continuity could be an important challenge that resolution suppliers face. Unstructured knowledge is that the info generated from social media posts, emails, or conversations with customers. Managing unstructured knowledge is so a tough task, however, it may be an in-depth supply of knowledge for enterprises. Volume, quality, usability, and connectedness area unit a number of the challenges within the unstructured knowledge. It becomes difficult to manage the unstructured knowledge because it doesn't integrate simply with the standard backup systems. the dimensions of the files generated are one in every one of the numerous challenges faced throughout backup and recovery because the knowledge generated is in terabytes. Since the information is growing hugely, the matter is obtaining worse with every passing day. Moreover, the variability of knowledge could be a second major challenge faced by suppliers, because it doesn't optimize well.
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The major players covered in the data resiliency market report are Acronis (Switzerland), Asigra Inc. (Canada), CA Technologies (U.S.), Carbonite, Inc. (U.S.), CenturyLink (U.S.), Commvault Systems, Inc. (U.S.), IBM (U.S.), Micro Focus (UK), Microsoft (U.S.), NetApp (U.S.), Quest Software, Inc. (U.S.), Unitrends (U.S.), Veeam Software (Switzerland), Veritas Technologies LLC (U.S.), and VMware (U.S.) among other domestic and global players.
Data Resiliency Market Scope and Market Size
• Based on components, the data resiliency market is segmented into solutions and services. Solutions are sub-segmented into data backup and recovery, data archiving and e-discovery, and disaster recovery. Services are sub-segmented into professional and managed services. Professional services are further segmented into implementation and integration services, support and maintenance services, and consulting services.
Based on deployment, the data resiliency market is segmented into on-premises and cloud.
Based on organization size, the data resiliency market is segmented into small and medium-sized enterprises and large enterprises.
Based on vertical, the data resiliency market is segmented into BFSI, IT & telecommunication, government, public sector, retail, and consumer goods, manufacturing, healthcare, media and entertainment, and others.
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