PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1544076
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1544076
Data Resiliency
Global Data Resiliency Market to Reach US$140.5 Billion by 2030
The global market for Data Resiliency estimated at US$42.3 Billion in the year 2023, is expected to reach US$140.5 Billion by 2030, growing at a CAGR of 18.7% over the analysis period 2023-2030. Data Resiliency Solutions, one of the segments analyzed in the report, is expected to record a 18.3% CAGR and reach US$101.6 Billion by the end of the analysis period. Growth in the Data Resiliency Services segment is estimated at 19.8% CAGR over the analysis period.
The U.S. Market is Estimated at US$11.7 Billion While China is Forecast to Grow at 17.8% CAGR
The Data Resiliency market in the U.S. is estimated at US$11.7 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$21.1 Billion by the year 2030 trailing a CAGR of 17.8% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 16.3% and 16.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 13.7% CAGR.
Global Data Resiliency Market - Key Trends and Drivers Summarized
What Is Data Resiliency and Why Is It Crucial for Today's Businesses?
Data resiliency refers to an organization's ability to maintain and recover its data operations seamlessly in the event of hardware failure, cyberattacks, or other disruptions. It ensures that data systems can continue to operate under adverse conditions by quickly adapting and restoring critical functions without loss of data. This capability is paramount in today's digital age, where data is not only a valuable asset but also a critical component of daily operations. Ensuring data resiliency is a core element of risk management and business continuity planning. It involves implementing robust backup systems, disaster recovery solutions, and fail-safe data storage practices to protect against data loss and ensure data integrity. For businesses, data resiliency means not just protecting sensitive and operational data but also ensuring that they can continue to serve their customers and stakeholders without interruption, preserving reputation and trust.
How Does Data Resiliency Support Operational Continuity?
Operational continuity depends significantly on an organization’s ability to manage and mitigate risks associated with data management and infrastructure. Data resiliency supports this by providing systems that are designed to recover quickly from failures, whether they result from natural disasters, technical malfunctions, or malicious attacks. Techniques such as data mirroring, where data is copied in real-time to a secondary location, and the use of hybrid cloud environments, which distribute data across multiple locations, are effective strategies for enhancing data resiliency. These approaches not only minimize the downtime during a data loss event but also help in maintaining a continuous business operation, thereby reducing the potential financial impact associated with system outages or data corruption.
What Are the Key Challenges in Achieving High Levels of Data Resiliency?
Achieving high levels of data resiliency is fraught with challenges, particularly in an era where cyber threats are becoming more sophisticated and the volume of data continues to grow exponentially. One of the primary challenges is ensuring that all potential points of failure are identified and safeguarded, which can be a complex task in large, distributed networks. Additionally, the integration of different technologies, platforms, and legacy systems adds another layer of complexity to maintaining resiliency. These systems often have varying levels of compatibility and may require customized solutions to ensure they contribute effectively to the organization's overall resiliency strategy. Moreover, as regulations around data privacy tighten globally, organizations must ensure that their data resiliency practices comply with legal standards, adding a regulatory compliance challenge to the technical and strategic aspects of data resiliency.
What Drives the Growth in the Data Resiliency Market?
The growth in the data resiliency market is driven by several factors, starting with the escalating reliance on digital data across all sectors of the economy. As businesses increasingly digitize their operations, the need for robust data protection and disaster recovery solutions becomes essential to safeguard critical business processes. The rise in cyber threats, including ransomware and data breaches, further underscores the importance of investing in data resiliency measures. Additionally, the growth of cloud computing has provided a platform for advanced data resiliency solutions that offer scalability, flexibility, and enhanced protection capabilities. Consumer behavior, especially the growing expectation for constant data availability and the rapid adoption of IoT devices, also propels the demand for more sophisticated data resiliency solutions. Lastly, regulatory pressures compel organizations to maintain stringent data protection standards, which in turn drives the adoption of data resiliency technologies. These technological, economic, and regulatory dynamics collectively fuel the expansion of the data resiliency market, highlighting its critical role in modern business environments.
Select Competitors (Total 14 Featured) -
- Acronis International GmbH
- Asigra, Inc.
- CA Technologies
- Carbonite, Inc.
- CenturyLink, Inc.
- Commvault Systems, Inc.
- IBM Corporation
- Micro Focus International PLC
- Microsoft Corporation
- NetApp, Inc.
- Quest Software, Inc.
- Unitrends
- Veeam Software AG
- Veritas Technologies LLC
- VMware, Inc.
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- Data Resiliency - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Global Economic Update
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- Rising Concerns Over Data Security and Disaster Recovery Drive Data Resiliency Market
- Increasing Volume of Business Data Across Verticals Spurs Need for Resilience Solutions
- Growth in Data Center Investments Bolsters Implementation of Resilience Strategies
- Increasing Threats of Cyber Attacks Spur Investments in Resilient Infrastructure
- Growing Importance of Business Continuity Planning in Uncertain Economic Times
- Enhancements in Encryption and Data Protection Techniques for Resiliency
- Increasing Use of Blockchain for Enhanced Data Resiliency and Security
- Growth in IoT and Edge Computing Spurs Need for Distributed Data Resilience Solutions
- Adoption of Data Resiliency in Healthcare for Regulatory and Patient Data Protection
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Recent Past, Current & Future Analysis for Data Resiliency by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 2: World 7-Year Perspective for Data Resiliency by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
- TABLE 3: World Recent Past, Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 4: World 7-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 5: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 6: World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 7: World Recent Past, Current & Future Analysis for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 8: World 7-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 9: World Recent Past, Current & Future Analysis for IT & Telecom by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 10: World 7-Year Perspective for IT & Telecom by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 11: World Recent Past, Current & Future Analysis for Retail & Consumer Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 12: World 7-Year Perspective for Retail & Consumer Goods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 13: World Recent Past, Current & Future Analysis for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 14: World 7-Year Perspective for Government by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 15: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 16: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 17: World Data Resiliency Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
- UNITED STATES
- Data Resiliency Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
- TABLE 18: USA Recent Past, Current & Future Analysis for Data Resiliency by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 19: USA 7-Year Perspective for Data Resiliency by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 20: USA Recent Past, Current & Future Analysis for Data Resiliency by Application - BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 21: USA 7-Year Perspective for Data Resiliency by Application - Percentage Breakdown of Value Sales for BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications for the Years 2024 & 2030
- CANADA
- TABLE 22: Canada Recent Past, Current & Future Analysis for Data Resiliency by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 23: Canada 7-Year Perspective for Data Resiliency by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 24: Canada Recent Past, Current & Future Analysis for Data Resiliency by Application - BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 25: Canada 7-Year Perspective for Data Resiliency by Application - Percentage Breakdown of Value Sales for BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications for the Years 2024 & 2030
- JAPAN
- Data Resiliency Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
- TABLE 26: Japan Recent Past, Current & Future Analysis for Data Resiliency by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 27: Japan 7-Year Perspective for Data Resiliency by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 28: Japan Recent Past, Current & Future Analysis for Data Resiliency by Application - BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 29: Japan 7-Year Perspective for Data Resiliency by Application - Percentage Breakdown of Value Sales for BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications for the Years 2024 & 2030
- CHINA
- Data Resiliency Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
- TABLE 30: China Recent Past, Current & Future Analysis for Data Resiliency by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 31: China 7-Year Perspective for Data Resiliency by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 32: China Recent Past, Current & Future Analysis for Data Resiliency by Application - BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 33: China 7-Year Perspective for Data Resiliency by Application - Percentage Breakdown of Value Sales for BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications for the Years 2024 & 2030
- EUROPE
- Data Resiliency Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
- TABLE 34: Europe Recent Past, Current & Future Analysis for Data Resiliency by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 35: Europe 7-Year Perspective for Data Resiliency by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
- TABLE 36: Europe Recent Past, Current & Future Analysis for Data Resiliency by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 37: Europe 7-Year Perspective for Data Resiliency by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 38: Europe Recent Past, Current & Future Analysis for Data Resiliency by Application - BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 39: Europe 7-Year Perspective for Data Resiliency by Application - Percentage Breakdown of Value Sales for BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications for the Years 2024 & 2030
- FRANCE
- Data Resiliency Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
- TABLE 40: France Recent Past, Current & Future Analysis for Data Resiliency by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 41: France 7-Year Perspective for Data Resiliency by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 42: France Recent Past, Current & Future Analysis for Data Resiliency by Application - BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 43: France 7-Year Perspective for Data Resiliency by Application - Percentage Breakdown of Value Sales for BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications for the Years 2024 & 2030
- GERMANY
- Data Resiliency Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
- TABLE 44: Germany Recent Past, Current & Future Analysis for Data Resiliency by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 45: Germany 7-Year Perspective for Data Resiliency by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 46: Germany Recent Past, Current & Future Analysis for Data Resiliency by Application - BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 47: Germany 7-Year Perspective for Data Resiliency by Application - Percentage Breakdown of Value Sales for BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications for the Years 2024 & 2030
- ITALY
- TABLE 48: Italy Recent Past, Current & Future Analysis for Data Resiliency by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 49: Italy 7-Year Perspective for Data Resiliency by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 50: Italy Recent Past, Current & Future Analysis for Data Resiliency by Application - BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 51: Italy 7-Year Perspective for Data Resiliency by Application - Percentage Breakdown of Value Sales for BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications for the Years 2024 & 2030
- UNITED KINGDOM
- Data Resiliency Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
- TABLE 52: UK Recent Past, Current & Future Analysis for Data Resiliency by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 53: UK 7-Year Perspective for Data Resiliency by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 54: UK Recent Past, Current & Future Analysis for Data Resiliency by Application - BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 55: UK 7-Year Perspective for Data Resiliency by Application - Percentage Breakdown of Value Sales for BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications for the Years 2024 & 2030
- REST OF EUROPE
- TABLE 56: Rest of Europe Recent Past, Current & Future Analysis for Data Resiliency by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 57: Rest of Europe 7-Year Perspective for Data Resiliency by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 58: Rest of Europe Recent Past, Current & Future Analysis for Data Resiliency by Application - BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 59: Rest of Europe 7-Year Perspective for Data Resiliency by Application - Percentage Breakdown of Value Sales for BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications for the Years 2024 & 2030
- ASIA-PACIFIC
- Data Resiliency Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
- TABLE 60: Asia-Pacific Recent Past, Current & Future Analysis for Data Resiliency by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 61: Asia-Pacific 7-Year Perspective for Data Resiliency by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 62: Asia-Pacific Recent Past, Current & Future Analysis for Data Resiliency by Application - BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 63: Asia-Pacific 7-Year Perspective for Data Resiliency by Application - Percentage Breakdown of Value Sales for BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications for the Years 2024 & 2030
- REST OF WORLD
- TABLE 64: Rest of World Recent Past, Current & Future Analysis for Data Resiliency by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 65: Rest of World 7-Year Perspective for Data Resiliency by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 66: Rest of World Recent Past, Current & Future Analysis for Data Resiliency by Application - BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 67: Rest of World 7-Year Perspective for Data Resiliency by Application - Percentage Breakdown of Value Sales for BFSI, IT & Telecom, Retail & Consumer Goods, Government and Other Applications for the Years 2024 & 2030
IV. COMPETITION
