PUBLISHER: IDC | PRODUCT CODE: 1311217
PUBLISHER: IDC | PRODUCT CODE: 1311217
European Data Replication and Protection Software Market Forecast, 2022-2027
This IDC Market Forecast discusses the European data replication and protection (DR&P) software market and illustrates how the DR&P software industry will evolve in the next five years. It presents market revenue and growth for the different countries/regions and details on how enterprises should face new technology changes in the cloud industry."Data protection remains a key IT investment area as resilience of data and workloads across all environments become critical. Growing concerns around ransomware, hybrid cloud complexities, and multiple European regulations mean that data protection investment - especially data protection as a service spending - will likely remain immune to budget cuts during the forecast period in Europe," said Archana Venkatraman, associate research director, IDC Cloud Data Management and CloudOps Strategies in Europe.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
- Continue Investing in Programs to Simplify Products, Portfolios, and Licensing
- Cloud, Containers, and SaaS Remain Important Areas for Development
- CRaaS is a Potential Big Opportunity
- Expect More Geopolitical Issues
Market Forecast
Market Context
- Drivers and Inhibitors
- Drivers
- Modernization is Driving Cloud Consumption
- Ransomware is Not Going Away
- Inhibitors
- Economic Uncertainty
- Drivers
- Significant Market Developments
- Changes from Prior Forecast
Market Definition
- Data Protection Software
- Backup and Recovery Reporting Software
- Storage Replication Software
- Host or Hypervisor-Based Replication Software
- Systems and Data Migration Software
- Fabric and Appliance-Based Replication Software
- Array-Based Replication Software
- Replication Management Software
Methodology
Related Research
