Data recovery software provides data backup, integrity and security for data backups and allows data from a host device to the destination device to be backed up in a timely, secure, and reliable way. Innovative technologies, such as disk-based backup, server virtualization, and cloud services, where emerging players play an important role, have recently disrupted the data recovery software market.
MARKET DYNAMICS
The large adoption of cloud-based services and technologies is the main factor driving the data recovery software market. In order to reduce their operating costs and provide their employees with real-time access, many organizations are moving towards the cloud. Increased cloud use, however, has increased the risk of data loss and data theft and unauthorized access to confidential information that is encrypted.
MARKET SCOPE
The "Global Data Recovery Software Market Analysis To 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The data recovery software market report aims to provide an overview of the data recovery software market with detailed market segmentation by type, industry vertical, and geography. The global data recovery software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading data recovery software market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global data recovery software market is segmented on the basis of type and industry vertical. Based on type, the data recovery software market is segmented into: Cloud-based and On-premises. On the basis of industry vertical, the market is segmented into: BFSI, Healthcare, IT and Telecommunication, Media and Entertainment, Retail, and 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 recovery software market based on various segments. It also provides market size and forecast estimates from the year 2020 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 recovery software market by each region is later sub-segmented by respective countries and segments. The 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 recovery software 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 for all five regions namely; North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the data recovery software market in these regions.
MARKET PLAYERS
The reports cover key developments in the data recovery 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 the expansion of business and customer base of market players. The market players from data recovery software 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 recovery software market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the data recovery software 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.
- Acronis International GmbH
- Broadcom
- Commvault
- Dell Inc.
- Hewlett Packard Enterprise Development LP
- IBM
- Microsoft Corporation
- NetApp
- Oracle Corporation
- 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.