Global Data Resiliency Market Analysis, Size, Share, Strategies and Forecast to 2027
                     Market Overview 
Market Research Future (MRFR), in its recently published research report, asserts that the 
global Data Resiliency Market 2020 is expected to grow exponentially over the review period, 
recording a substantial market valuation of USD 21 billion, and a healthy 15% CAGR in the 
forecast period.  
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Segmental Analysis 
Based on the component, the market is divided into solutions and services. The solutions are 
further segmented into data archiving & e-discovery, data backup & recovery, disaster recovery 
and the services are further bifurcated into professional services and managed services. 
By deployment, the market is divided into on-cloud, and on-premise, hybrid. 
By the organization size, the market is bifurcated into small, medium-sized enterprises and 
large enterprises. 
By vertical, the market is segmented into IT & telecommunication, banking and financial 
services and insurances, media and entertainment, government, healthcare, and others 
(education, transportation, logistics, law firms, hospitality). 
Drivers and Restraints 
Every organization is seeing massive growth in data generated from various sources. Such data 
need to be protected and controlled, which pushes Data Resiliency Industry solutions to 
develop. In addition, the adoption of cloud-based data backup and recovery solutions is 
growing suddenly due to its varied versatility, scalability, and protection features, which 
contribute significantly to the growth of the data resilience industry. Cloud storage 
management incorporates on-line backup services and disaster recovery planning. 
Furthermore, companies emphasize the adoption of operational excellence and solutions for 
managing the data quality. Enterprises are facing privacy issues and there is a growing need for 
data protection, due to which the implementation of data resilience solutions is growing 
tremendously. And all of these factors are anticipated during the forecast period to drive the 
data resilience market. 
But storing unstructured data and extracting data from data storage towers (silos) poses 
obstacles in the development of the demand for data resilience. Lack of understanding among 
growing small enterprises about unique data resilience solutions is restricting market 
development. In addition, the availability of open- alternatives is expected to hinder market 
growth over the forecast period.  
Regional Analysis 
The geographical overview of the global market has been analyzed in four major regions, 
including the Asia Pacific, North America, Europe, and the rest of the world. 
Due to the early adoption of data resilience solutions and the presence of key players such as 
Veritas Technologies, IBM, CommVault, which provide disaster recovery and business 
continuity solutions for the numerous large companies in this area, North America is expected 
to dominate the data resilience market. In addition, North America is among the first to 
implement a hybrid-based data resiliency delivery model, which is less costly than on-site and 
offers quicker and effective response time, disaster prevention, and business continuity. Hence, 
North America is expected to show growth in data resilience solutions based on hybrid clouds, 
which further drives the growth of the data resiliency market in the North-American region. 
Asia-Pacific is expected to show a higher growth rate in the data resiliency market due to the 
growing businesses adopting data protection strategies to protect their business processes 
from escalating cyber-attacks such as ransomware. Because of the existence of sensitive 
consumer data such as account information, transaction history, account passwords, credit, and 
debit card information, banking and financial services primarily follow data resiliency 
approaches. If these data are compromised, companies may have trouble returning on the 
market. Consequently, effective disaster management tools are required to combat data-
related threats. MRFR predicts that this region is expected to see higher growth in the data 
resiliency market. 
Europe is poised to show growth in the adoption of cloud-based Data Resiliency Market Size 
solutions as cyber-attacks is increasing in the region. Cloud-based data resilience solutions are 
cost-efficient and accurate, which impacts its adoption in this region.  
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resiliency-market-6386  
Competitive Analysis 
The major market players operating in the global market as identified by MRFR are CommVault 
(US), IBM (US), Actifio (US), NetApp (US), Veritas Technologies (US), HPE (US), Veeam Software 
(Switzerland), Acronis (Switzerland), Asigra (Canada), Quest Software (US), Microsoft (US), 
Carbonite (US), Century Link (US), Unitrend (US), VMware (US).  
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