Copy data management (CDM) is the method in which unnecessary duplication of production data is eliminated to reduce storage consumption. Production data comprises backup, snapshot, vault, and data copies made for various business functions. Copy data management software manages consistent data and generates a backup/recovery copy of the secondary storage system data. The rising need to manage data more effectively and efficiently with backup and disaster recovery options is the major driving factor for the copy data management software market growth.
MARKET DYNAMICS
Copy data management software helps organizations resolve data management challenges and allows companies to manage and create multiple data versions for recovery. Additionally, copy data management software provides remote copies for disaster recovery and local copies for operational recovery. These factors trigger the demand for copy data management software across industries such as IT & telecom, BFSI, media & entertainment, etc. However, the growing volume of structured and unstructured data, increasing adoption of cloud platforms, and growing requirements of reduced data redundancies is expected to offer lucrative opportunities for the copy data management software market.
MARKET SCOPE
The "Global Copy Data Management Software Market Analysis to 2028" is a specialized and in-depth study of the copy data management software industry with a special focus on the global market trend analysis. The report aims to provide an overview copy data management software market with detailed market segmentation as deployment, enterprise size, end-user, and geography. The global copy data management software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading copy data management software market players and offers key trends and opportunities in the copy data management software market.
MARKET SEGMENTATION
The global copy data management software market is segmented on the basis of deployment, enterprise size, end-user. On the basis of deployment the market is segmented as cloud, on-premise. On the basis of enterprise size the market is segmented as SMEs, large enterprise. On the basis of end-user the market is segmented as BFSI, IT and telecom, media and entertainment, government, healthcare, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global copy data management software market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The copy data management software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting copy data management software market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the copy data management software market in these regions.
MARKET PLAYERS
The reports cover key developments in the copy data management software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Copy data management software market are anticipated to lucrative growth opportunities in the future with the rising demand for copy data management software in the global market. Below mentioned is the list of few companies engaged in the copy data management software market.
The report also includes the profiles of key copy data management software companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Actifio Inc.
- Catalogic Software
- Cohesity, Inc.
- Commvault Systems, Inc.
- Hitachi Vantara Corporation
- IBM Corporation
- Nicman Group LLC.
- Rubrik, Inc.
- Unitrends Inc. (Kaseya Company)
- Veritas Technologies, LLC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.