PUNE, India, February 20, 2018 /PRNewswire/ --
ReportsnReports.com adds Data Protection Market is forecast to
reach $119.95 billion by 2022 from
$57.22 billion in 2017 at a CAGR of
16.0% during (2017-2022) driven by growth of enormous amount of
data and the need for data security and privacy concerns,
regulations to increase the adoption of data protection solutions
and rising concerns of critical data loss in the on-premises
environment.
Browse 79 Market Data Tables and 39 Figures spread through 145
Pages and in-depth TOC on "Data Protection Market by Component
(Solutions and Services (Professional Services and Managed
Services)), Deployment Mode (On-premises and Cloud), Organization
Size (Large Enterprises and SMEs), Industry Vertical, and Region -
Global Forecast to 2022"
http://www.reportsnreports.com/reports/1349534-data-protection-market-by-component-solutions-and-services-professional-services-and-managed-services-deployment-mode-on-premises-and-cloud-organization-size-large-enterprises-and-smes-industry-vertical-st-to-2022.html
.
The major data protection market vendors include IBM (US),
Symantec (US), CA Technologies (US), Oracle (US), McAfee (US),
Hewlett Packard (US), Net App (US), Quest Software (US), Veeam
Software (US), and Acronis (Switzerland). The report includes in-depth
competitive analysis of these key players in the data protection
market, with their company profiles, recent developments, and key
market strategies.
The data protection market size in APAC is expected to have the
highest growth rate during the forecast period. Asia Pacific (APAC) includes major economies
such as India and China, which are rapidly employing data
protection solutions and services. This is mainly due to rapid
digital transformation in various industrial sectors, rising trend
of Bring Your Own Device (BYOD), and increasing use of web and
cloud-based applications. APAC is expected to grow at the highest
CAGR during the forecast period. Furthermore, North America is projected to have the largest
market size during the forecast period.
Inquire for DISCOUNT on "Data Protection Market by
Component (Solutions and Services (Professional Services and
Managed Services)), Deployment Mode (On-premises and Cloud),
Organization Size (Large Enterprises and SMEs), Industry Vertical,
and Region - Global Forecast to 2022" research report at
http://www.reportsnreports.com/contacts/discount.aspx?name=1349534
.
The disaster recovery segment in data protection market is
expected to grow at the highest CAGR during the forecast period.
The data protection solutions include data backup and recovery,
data archiving and eDiscovery, disaster recovery, encryption,
tokenization, Data Loss Prevention (DLP), Identity and Access
Management (IAM), and compliance management. Among various
solutions, the disaster recovery segment is expected to grow at the
highest CAGR during the forecast period. The growth can be
attributed to the increasing adoption of Disaster
Recovery-as-a-Service (DRaaS), which enables the faster recovery of
business operations during disasters, at lower costs.
Government and defense industry vertical is expected to
contribute to the largest Data Protection Market share in the data
protection market during the forecast period. Cyber threats in the
government and defense industry vertical are increasing at a high
rate. As it contains highly confidential and sensitive data of
critical sectors, such as government, prime contractors, and
suppliers, this industry vertical is one of the favorites of
cybercriminals. This encourages the government and defense industry
vertical to widely adopt advanced data protection solutions to
protect sensitive data against increasingly sophisticated
cyber-attacks.
North America is expected to
contribute to the largest data protection market share during the
forecast period. Furthermore, management of unstructured data and
lack of technical expertise among enterprise workforce are the
biggest challenges for the data protection solution and service
providers.
Order a copy of "Data Protection Market by Component (Solutions
and Services (Professional Services and Managed Services)),
Deployment Mode (On-premises and Cloud), Organization Size (Large
Enterprises and SMEs), Industry Vertical, and Region - Global
Forecast to 2022" research report at
http://www.reportsnreports.com/purchase.aspx?name=1349534 .
The report covers the data protection market across different
segments. It aims at estimating the market size and the future
growth potential of this market, across different segments, such as
component (solutions and services), deployment mode, organization
size, industry vertical, and region. Furthermore, the report also
includes an in-depth competitive analysis of the key players in the
market, along with their company profiles, key observations related
to product and business offerings, recent developments, and key
market strategies.
The healthcare industry vertical is expected to grow at the
highest CAGR in the data protection market during the forecast
period. In-depth interviews were conducted with Chief Executive
Officers (CEOs), marketing directors, other innovation and
technology directors, and executives from various key organizations
operating in the data protection market.
- By company type: Tier 1 - 34%, Tier 2 - 26%, and Tier 3 -
40%
- By designation: C-Level - 64%, Director Level - 24, Manager
Level - 12%
- By region: North America -
28%, Europe - 23%, APAC - 36%, and
RoW - 13%
Another research titled Data-Centric Security Market Global
Forecast to 2022 says, the data-centric security market is expected
to grow from $2.06 billion in 2017 to
$5.83 billion by 2022, at a CAGR of
23.1% during the forecast period. The services segment is expected
to grow at the highest CAGR during the forecast period. Banking,
Financial Services, and Insurance (BFSI) vertical is expected to
hold the largest market size during the forecast period.
North America is expected to hold
the largest market share, whereas Asia
Pacific (APAC) is projected to grow at the highest CAGR
during the forecast period. Companies such as IBM (US), Imperva
(US), Informatica (US), Oracle (US), Varonis Systems (US), AvePoint
(US), BlueTalon (US), Dataguise (US), Datiphy (US), Micro Focus
(UK), NextLabs (US), Protegrity (US) have been profiled in this 138
pages research report available at
http://www.reportsnreports.com/purchase.aspx?name=1251426 .
Explore more reports on IT & Telecommunication Market at
http://www.reportsnreports.com/market-research/information-technology/
.
About Us:
ReportsnReports.com is an online market research reports library
of 500,000+ in-depth studies of over 5000 micro markets. Not
limited to any one industry, ReportsnReports.com offers research
studies on agriculture, energy and power, chemicals, environment,
medical devices, healthcare, food and beverages, water, advanced
materials and much more.
Contact:
Hrishikesh Patwardhan
2nd Floor, Metropole Building,
Next to Inox Theatre,
Bund Garden Road, Pune -
411001.
Maharashtra, India.
+ 1 888 391 5441
sales@reportsandreports.com
Connect with Us:
LinkedIn:
http://www.linkedin.com/company/reportsnreports
RSS/Feeds:
http://www.reportsnreports.com/feed/l-latestreports.xml