Data deduplication is a sophisticated data compression technique that reduces the number of duplicate copies of the same data. The practice of finding and removing identical data from a batch of stored data is known as data deduplication. Data deduplication technologies analyses the same blocks or files across big storage data sets and remove superfluous files by taking a broader view. Deduplication of network data is used to reduce the amount of bandwidth needed to send data. In an organization, this strategy is used to reduce the amount of storage space necessary to save the same data.
MARKET DYNAMICS
The requirement for enterprises to reduce data redundancy in their primary storage is driving rising demand for data deduplication solutions. Every industry is seeing an increase in need for a data storage platform. Data storage solutions are required by industries such as information and technology, banking, financial services, and insurance, oil and gas, and government. The data deduplication industry is being driven by a huge increase in the volume of data and the need to manage, analyses, and store it. Furthermore, a surge in cloud storage demand is likely to considerably raise data deduplication need soon.
MARKET SCOPE
The "Global Data Deduplication Solution Market Analysis To 2028" is a specialized and in-depth study of the technology, media, and telecommunications industry with a special focus on global market trend analysis. The data deduplication solution market report aims to provide an overview of the data deduplication solution market with detailed market segmentation by component, enterprise size, application, and geography. The global data deduplication solution market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading data deduplication solution market player and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global data deduplication solution market is segmented based on component, enterprise size, application. Based on the component, the data deduplication solution market is segmented into solution, services. Based on enterprise size, the data deduplication solution market is segmented into SMEs, large enterprises. Based on application, the data deduplication solution market is segmented into BFSI, education, government, healthcare, media and entertainment, healthcare, retail, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global data deduplication solution market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The data deduplication solution market by each region is later sub-segmented by respective countries and segments. The data deduplication solution market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the data deduplication solution market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the data deduplication solution market in these regions.
IMPACT OF COVID-19 ON DATA DEDUPLICATION SOLUTION MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has had a positive impact on the data deduplication solution market. Many companies now operate their businesses on online platforms due to the lockdown conditions. Therefore, the demand for data deduplication solution is increasing during COVID-19 and is also set to increase during the forecast period.
MARKET PLAYERS
The reports cover key developments in the data deduplication solution 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 the expansion of business and customer base of market players. The market players from data deduplication solution market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the data deduplication solution market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the data deduplication solution market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- DataLadder
- WinPure
- Oracle
- IBM Corp
- EMC Corporation
- FalconStor Software
- Quantum Corporation
- Symantec Corporation
- Sepaton
- Dell Inc.