Global Data Protection Market By Overview
Introduction:
Data protection involves safeguarding of important information from corruption, compromise, or loss. In recent times, the importance of data protection has increased owing to an exponential amount of data being generated, stored, and accessed on a daily basis. Maintaining data integrity, accuracy, and security is at-most important for global data protection market. Also, as all data and information are accessed on a daily basis there is little tolerance for downtime that can make it possible to access important information at any given moment. It is a set of strategies and methods one can use to secure the data. A data set is a crucial element of an organization and it is necessary to have data security. The Data Protection Act seeks to empower individual to take control of their personal data. The General Data Protection Regulation (GDPR) explains each of the protection principles, rights, and obligations. These data include genetic, biometric, and health data as well as personal data revealing racial and ethnic origin, political opinions, religious or ideological convictions etc. The global data protection market accounted for US$ 88.3 billion in 2020 and is estimated to be US$ 375.28 billion by 2030 and is anticipated to register a CAGR of 15.7%.
Global Data Protection Market By Dynamics
Rising number of data
Increasing amount of data being generated on a daily basis in businesses, coupled with increasing adoption of cloud computing by organizations is collectively growing the demand for global data protection market. This is the major factor driving the growth of the global data protection market. In addition, growing awareness among businesses data integrity along with technological advancements in data protection software are other major factors expected to fuel growth of the global data protection market over the forecast period. Nevertheless, data protection finds applications across multiple end-use verticals such as IT and telecom, healthcare, E-commerce, defense, and energy & power. Rising consumer preferences towards reliable data storage and backup, effective data management, and complete automation solutions, are creating major opportunities for the global market.
However, high cost associated with advanced data protection and recovery solutions is a major factor restraining growth of the global market. Additionally, proper management of hardware and software related with data protection and data corruption issues are other major factor anticipated to hamper growth of the global data protection market over the forecast period
Global Data Protection Market By Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The global data protection market is segmented based on components, deployment type, organization size, end-users, and region.
On the basis of components, the target market is segmented into solutions and services. Solutions component segment is further categorized into data backup & recovery, data archiving & rediscovery, encryption, data loss prevention (DLP), identity & access management (IAM), and others. Services component segment is further categorized into professional services and managed services. On the basis of deployment, the global market is segmented into cloud and on-premises. On the basis of organization size, the target market is segmented into small & medium-sized enterprises (SMES), and large enterprises. On the basis of end user, the global market is segmented into banking, financial services & insurance (BFSI), energy & utilities, government, healthcare, manufacturing, retail, and others.
Regional Insights:
The global data protection market accounted for US$ 88.3 billion in 2020 and is estimated to be US$ 375.28 billion by 2030 and is anticipated to register a CAGR of 15.7%. On region the global data protection market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Currently, North America dominates the global market in revenue terms owing to significant amount of data being generated by businesses and high adoption of technologies in countries in the region. Europe accounts for second-largest revenue share in the global market, closely followed by the market in Asia Pacific. The market in Asia Pacific is projected to witness fastest growth in terms of revenue, owing to rising adoption of cloud-based and web-based applications and rapid industrialization in emerging economies in the region.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
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Market Segmentation |
By Component- Solutions (Data Backup and Recovery, Data Archiving and Rediscovery, Encryption, Data Loss Prevention, Identify and Access Management, and Others) and Services (Professional Services and Managed Services) By Deployment– Cloud and On-premises By Organization Size– Small, Medium and Large Enterprises By End Users- Banking, Financial Services, Insurance, Energy & Utilities, Government, Healthcare, Manufacturing, Retail, and Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global data protection market report based on components, deployment type, organization size, end-users, and region.
Global Data Protection Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Data Protection Market By Key Players
The key players operating in the global data protection market includes Amazon Web Services, Inc., VMware, Inc., Veritas Technologies, Quantum Corporation, Oracle Corporation, IBM Corporation, Hewlett Packard Development Company L.P., EMC Corporation, Commvault Systems, Inc., and Cisco Systems.
Global Data Protection Market By Company Profile
- Amazon Web Services, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Vmware, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Veritas Technologies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Quantum Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Oracle Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BM Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hewlett Packard Development Company L.P.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- EMC Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Commvault Systems, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cisco Systems
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Data Protection Market By Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- PORTER’s
- Investment Outlook
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Data Protection Strategies
- Key Questions this Study will Answer
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- By Components (Solutions (Data Backup and Recovery, Data Archiving and Rediscovery, Encryption, Data Loss Prevention, Identity and Access Management, and others) and Services (Professional Services and Managed Services)),
- By Deployment (Cloud and On-Premises),
- By Organization Size (Small and Medium-Sized Enterprises, and Large Enterprises),
- By End-Users (Banking, Financial Services, Insurance, Energy & Utilities, Government, Healthcare, Manufacturing, Retail, and Others),
- By Region (North America, Europe, Asia pacific, Latin America, and Middle East & Africa)
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Regional Analysis
- Regional Revenue Analysis
- Regional By segment Analysis
- Reasons for regional growth
- Key Player of particular region
- Countries Include in the report:
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- North America (U.S., Canada)
- Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
- Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
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- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Competitive Overview
- Competitive Benchmarking
- Market Share Analysis
- Key Developments In The Global Data Protection Market
- Key Developments: Mergers & Acquisitions
- Key Developments: Collaboration
- Key Developments: Contracts & Agreements
- Key Developments: Expansion
- Key Developments: Product Developments
- Company Profiles
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SWOT Analysis
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Amazon Web Services, Inc., Vmware, Inc., Veritas Technologies, Quantum Corporation, Oracle Corporation, IBM Corporation, Hewlett Packard Development Company L.P., EMC Corporation, Commvault Systems, Inc., and Cisco Systems.
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Global Data Protection Market report segments the market basis of component, deployment, organization size, end-user, and region.
Increasing amount of data being generated on a daily basis in businesses, coupled with increasing adoption of cloud computing by organizations is collectively growing the demand for the global data protection market.
North America dominates the global market in revenue terms owing to significant amounts of data being generated by businesses and high adoption of technologies in countries in the region.
The leading players operating in the Global Data Protection Market includes Amazon Web Services, Inc., Vmware, Inc., Veritas Technologies, Quantum Corporation, Oracle Corporation, IBM Corporation, Hewlett Packard Development Company L.P., EMC Corporation, Cisco Systems, and Commvault Systems, Inc.