Data Protection and Recovery Software Market by End-user and Geography - Forecast and Analysis 2022-2026

Published: Jan 2022 Pages: 120 SKU: IRTNTR72028

The data protection and recovery software market share is expected to increase by USD 5.73 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 12.21%.

This data protection and recovery software market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers data protection and recovery software market segmentation by end-user (email protection, end-to-end data protection, application recovery management, cloud application protection, and others) and geography (North America, Europe, APAC, South America, and MEA). The data protection and recovery software market report also offers information on several market vendors, including Acronis International GmbH, Commvault Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., Unitrends Inc., Veeam Software Group GmbH, and Veritas Technologies LLC among others.

What will the Data Protection And Recovery Software Market Size be During the Forecast Period?

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Data Protection And Recovery Software Market: Key Drivers, Trends, and Challenges

The rise in adoption of cloud-based data protection and recovery software offerings is notably driving the data protection and recovery software market growth, although factors such as increasing sophistication levels of cyberattacks may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the data protection and recovery software industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Data Protection And Recovery Software Market Driver

The rise in adoption of cloud-based data protection and recovery software offerings is one of the key drivers supporting the data protection and recovery software market growth. The implementation of cloud-based data protection and recovery software is faster when compared with manual data center breakup and recovery software as the former is offered through web browsers and can be easily configured and implemented within a short span of time. Additionally, the documents are stored in a centralized server and are managed using a cloud-based system. This makes it easy to share, update, and find the documents. With the rise in the adoption of cloud-based software, vendors in the market have started to offer cloud-based data protection and recovery software. Thus, the demand for cloud-based data protection and recovery software among end-user industries due to implied accessibility and scalability is expected to further drive the growth of the market in focus during the forecast period.

Key Data Protection And Recovery Software Market Trend

An exponential increase in data volume is another factor supporting the data protection and recovery software market growth.  Apart from connected devices, a large amount of data is also being generated in the form of web content and online media by individual users. For instance, hundreds of hours of video content are being uploaded every minute on YouTube. To manage such staggering volumes of data, which will continue to grow in the coming years, enterprises have been investing in building new data centers and revamping their existing data centers. Datacenter investments are aimed at ensuring improved data protection and recovery architecture. Such exponential growth in data volumes will boost the demand for new data centers and associated solutions and services, such as data protection and recovery software, during the forecasted period.

Key Data Protection And Recovery Software Market Challenge

The increasing sophistication levels of cyberattacks is hindering the data protection and recovery software market growth. Cybercriminals are now aggressively targeting to sabotage and gain control of organizations? data backup facilities for financial gains. Over the last few years, the sophistication levels of cyberattacks have been increasing. Malware such as Locky and Crypto are being used to gain control of enterprise backup data. In addition, the growing volume of fragmented data has increased the chance of ransomware attacks. Trends of attacking backup infrastructure have been increasing because attackers know that most of the business-critical data are stored in the enterprises? backup data center. Thus, the increasing number of cyberattacks on the backup infrastructure is expected to present a major challenge for data protection and recovery software vendors during the forecast period.

This data protection and recovery software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the data protection and recovery software market as a part of the global application software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the data protection and recovery software market during the forecast period.

Who are the Major Data Protection and Recovery Software Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Acronis International GmbH
  • Commvault Systems Inc.
  • Dell Technologies Inc.
  • Hewlett Packard Enterprise Co.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Oracle Corp.
  • Unitrends Inc.
  • Veeam Software Group GmbH
  • Veritas Technologies LLC

 

This statistical study of the data protection and recovery software market encompasses successful business strategies deployed by the key vendors. The data protection and recovery software market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Oracle Corp. - The company offers data protection and recovery software that simplifies VM, application, and container backup and recovery, which improves storage efficiency and provides data isolation throughout hybrid cloud infrastructure, under the brand name of Oracle

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The data protection and recovery software market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Data Protection and Recovery Software Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the data protection and recovery software market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the application software includes the following core components:

  • Inputs
  • Marketing and distribution
  • Post-selling services
  • Innovation

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

 

Which are the Key Regions for Data Protection and Recovery Software Market?

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32% of the market's growth will originate from APAC during the forecast period. China and Australia are the key markets for the data protection and recovery software market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Another key region offering significant growth opportunities to the vendors is North America. The growth of IT and telecom, healthcare, BFSI, manufacturing, retail, and e-commerce markets will facilitate the data protection and recovery software market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 adversely affected the business activities and the economy in the region. The surge in the number of COVID-19 cases in various countries in the region compelled governments to introduce emergency legislation, which led to the shutdown of manufacturing, transportation and logistics, and retail business units. Moreover, the number of COVID-19 cases started decreasing in early 2021 when compared to those in 2020, primarily due to progressing vaccination drives in the region, which, in turn, is anticipated to support the growth of the data protection and recovery software market in the region during the forecast period.

What are the Revenue-generating End-user Segments in the Data Protection and Recovery Software Market?

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The data protection and recovery software market share growth by the email protection segment will be significant during the forecast period. The employees manage a large volume of emails on daily basis and have several chances to get affected by different cyber attacks. As a result, cybercriminals take advantage of this during phishing attacks, which have been increased with the growth of cloud-based email. Thus, email protection has become important owing to the cyber threats such as phishing and email scams that target enterprises through email. Such initiatives are expected to drive segment growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the data protection and recovery software market size and actionable market insights on post COVID-19 impact on each segment.

You may be interested in:

Data Center Backup and Recovery Software -The market share is expected to increase by USD 5.07 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 12%.

Data Protection as a Service  -The  market has the potential to grow by $ 20.69 bn during 2021-2025, and the market's growth momentum will decelerate at a CAGR of 29.37%.

Data Protection and Recovery Software Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 12.21%

Market growth 2022-2026

$ 5.73 billion

Market structure

Fragmented

YoY growth (%)

9.91

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

APAC at 32%

Key consumer countries

US, China, UK, Germany, and Australia

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Acronis International GmbH, Commvault Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., Unitrends Inc., Veeam Software Group GmbH, and Veritas Technologies LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Data Protection and Recovery Software Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive data protection and recovery software market growth during the next five years
  • Precise estimation of the data protection and recovery software market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the data protection and recovery software industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of data protection and recovery software market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

***1. Executive Summary                           

                **1.1 Market Overview

                                *Exhibit 01:  Key Finding 1

                                *Exhibit 02:  Key Finding 2

                                *Exhibit 03:  Key Finding 3

                                *Exhibit 04:  Key Finding 5

                                *Exhibit 05:  Key Finding 6

                                *Exhibit 06:  Key Finding 7

                                *Exhibit 07:  Key Finding 8

***2. Market Landscape                             

                **2.1 Market ecosystem             

                                *2.1.1 Parent Market

                                *Exhibit 08:  Parent market

                                *Exhibit 09:  Market characteristics

                **2.2 Value chain analysis           

                                *Exhibit 10: Value chain analysis: Application software

                                *2.2.1 Inputs

                                *2.2.2 Software development process

                                *2.2.3 Marketing and distribution

                                *2.2.4 Post-selling services

                                *2.2.5 Innovation

***3. Market Sizing                       

                **3.1 Market definition

                                *Exhibit 11:  Offerings of vendors included in the market definition

                **3.2 Market size 2021 

                **3.3 Market segment analysis 

                                *Exhibit 12:  Market segments

                **3.4 Market outlook: Forecast for 2021 - 2026 

                                *3.4.1 Estimating growth rates for emerging and high-growth markets

                                *3.4.2 Estimating growth rates for mature markets

                                *Exhibit 13:  Global - Market size and forecast 2021 - 2026 ($ million)

                                *Exhibit 14:  Global market: Year-over-year growth 2021 - 2026 (%)

***4. Five Forces Analysis                          

                **4.1 Five Forces Summary        

                                *Exhibit 15:  Five forces analysis 2021 & 2026

                **4.2 Bargaining power of buyers           

                                *Exhibit 16: Bargaining power of buyers

                **4.3 Bargaining power of suppliers       

                                *Exhibit 17: Bargaining power of suppliers

                **4.4 Threat of new entrants    

                                *Exhibit 18: Threat of new entrants

                **4.5 Threat of substitutes         

                                *Exhibit 19: Threat of substitutes

                **4.6 Threat of rivalry   

                                *Exhibit 20: Threat of rivalry

                **4.7 Market condition

                                *Exhibit 21:  Market condition - Five forces 2021

***5 Market Segmentation by End-user                              

                **5.1 Market segments

                                *Exhibit 22:  End-user - Market share 2021-2026 (%)

                **5.2 Comparison by End-user  

                                *Exhibit 23:  Comparison by End-user

                **5.3 Email protection - Market size and forecast 2021-2026        

                                *Exhibit 24:  Email protection - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 25:  Email protection - Year-over-year growth 2021-2026 (%)

                **5.4 End to end data protection - Market size and forecast 2021-2026   

                                *Exhibit 26:  End to end data protection - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 27:  End to end data protection - Year-over-year growth 2021-2026 (%)

                **5.5 Application recovery management - Market size and forecast 2021-2026    

                                *Exhibit 28:  Application recovery management - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 29:  Application recovery management - Year-over-year growth 2021-2026 (%)

                **5.6 Cloud application protection - Market size and forecast 2021-2026                

                                *Exhibit 30:  Cloud application protection - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 31:  Cloud application protection - Year-over-year growth 2021-2026 (%)

                **5.7 Others - Market size and forecast 2021-2026           

                                *Exhibit 32:  Others - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 33:  Others - Year-over-year growth 2021-2026 (%)

                **5.8 Market opportunity by End-user  

                                *Exhibit 34:  Market opportunity by End-user

***6. Customer landscape                         

                **6.1 Overview

                                *Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                                *Exhibit 35: ?Customer landscape?

***7. Geographic Landscape                     

                **7.1 Geographic segmentation

                                *Exhibit 36:  Market share by geography 2021-2026 (%)

                **7.2 Geographic comparison   

                                *Exhibit 37: Geographic comparison

                **7.3 North America - Market size and forecast 2021-2026           

                                *Exhibit 38:  North America - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 39:  North America - Year-over-year growth 2021-2026 (%)

                **7.4 Europe - Market size and forecast 2021-2026          

                                *Exhibit 40:   Europe - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 41:  Europe - Year-over-year growth 2021-2026 (%)

                **7.5 APAC - Market size and forecast 2021-2026              

                                *Exhibit 42:   APAC - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 43:  APAC - Year-over-year growth 2021-2026 (%)

                **7.6 South America - Market size and forecast 2021-2026           

                                *Exhibit 44:   South America - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 45:  South America - Year-over-year growth 2021-2026 (%)

                **7.7 MEA - Market size and forecast 2021-2026               

                                *Exhibit 46:   MEA - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 47:  MEA - Year-over-year growth 2021-2026 (%)

                **7.8 Key leading countries        

                                *Exhibit 48:  Key leading countries

                **7.9 Market opportunity by geography

                                *Exhibit 49: Market opportunity by geography

***8. Drivers, Challenges, and Trends                   

                **8.1 Market drivers     

                                *8.1.1 Rise in adoption of cloud-based data protection and recovery software offerings

                                *8.1.2 Increasing number of data protection and localization regulations

                                *8.1.3 Rising demand for data protection and recovery software in emerging economies

                **8.2 Market challenges              

                                *8.2.1 Increasing sophistication levels of cyberattacks

                                *8.2.2 High installation cost of data protection and recovery software

                                *8.2.3 Ability to manage different data structures, types, and formats

                                *Exhibit 50:  Impact of drivers and challenges

                **8.3 Market trends      

                                *8.3.1 An exponential increase in data volume

                                *8.3.2 Growing number of collaborations and acquisitions

                                *8.3.3 Emergence of AI-based backup and recovery solutions

***9. Vendor Landscape                             

                **9.1 Overview

                                *Exhibit 51: Vendor landscape

                                *The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025. 

                **9.2 Landscape disruption        

                                *Exhibit 52: ?Landscape disruption?

                                *Exhibit 53: Industry risks

***10. Vendor Analysis               

                **10.1 Vendors covered              

                                *Exhibit 54: Vendors covered

                **10.2 Market positioning of vendors    

                                *Exhibit 55: ?Market positioning of vendors?

                **10.3 Acronis International GmbH        

                                *Exhibit 56:  Acronis International GmbH - Overview

                                *Exhibit 57:  Acronis International GmbH - Product and service

                                *Exhibit 58:  Acronis International GmbH - Key offerings

                **10.4 Commvault Systems Inc.

                                *Exhibit 59:  Commvault Systems Inc. - Overview

                                *Exhibit 60:  Commvault Systems Inc. - Business segments

                                *Exhibit 61:  Commvault Systems Inc..- Key news

                                *Exhibit 62:  Commvault Systems Inc. - Key offerings

                **10.5 Dell Technologies Inc.     

                                *Exhibit 63:  Dell Technologies Inc. - Overview

                                *Exhibit 64:  Dell Technologies Inc. - Business segments

                                *Exhibit 65:  Dell Technologies Inc. - Key offerings

                                *Exhibit 66:  Dell Technologies Inc. - Segment focus

                **10.6 Hewlett Packard Enterprise Co.  

                                *Exhibit 67:  Hewlett Packard Enterprise Co. - Overview

                                *Exhibit 68:  Hewlett Packard Enterprise Co. - Business segments

                                *Exhibit 69:  Hewlett Packard Enterprise Co. Key news

                                *Exhibit 70:  Hewlett Packard Enterprise Co. - Key offerings

                                *Exhibit 71:  Hewlett Packard Enterprise Co. - Segment focus

                **10.7 International Business Machines Corp.    

                                *Exhibit 72:  International Business Machines Corp. - Overview

                                *Exhibit 73:  International Business Machines Corp. - Business segments

                                *Exhibit 74:  International Business Machines Corp. - Key news

                                *Exhibit 75:  International Business Machines Corp. - Key offerings

                                *Exhibit 76:  International Business Machines Corp. - Segment focus

                **10.8 Microsoft Corp. 

                                *Exhibit 77:  Microsoft Corp. - Overview

                                *Exhibit 78:  Microsoft Corp. - Business segments

                                *Exhibit 79:  Microsoft Corp. - Key offerings

                                *Exhibit 80:  Microsoft Corp. - Segment focus

                **10.9 Oracle Corp.       

                                *Exhibit 81:  Oracle Corp. - Overview

                                *Exhibit 82:  Oracle Corp. - Business segments

                                *Exhibit 83:  Oracle Corp. - Key news

                                *Exhibit 84:  Oracle Corp. - Key offerings

                                *Exhibit 85:  Oracle Corp. - Segment focus

                **10.10 Unitrends Inc. 

                                *Exhibit 86:  Unitrends Inc. - Overview

                                *Exhibit 87:  Unitrends Inc. - Product and service

                                *Exhibit 88:  Unitrends Inc. - Key offerings

                **10.11 Veeam Software Group GmbH 

                                *Exhibit 89:  Veeam Software Group GmbH - Overview

                                *Exhibit 90:  Veeam Software Group GmbH - Product and service

                                *Exhibit 91:  Veeam Software Group GmbH - Key offerings

                **10.12 Veritas Technologies LLC             

                                *Exhibit 92:  Veritas Technologies LLC - Overview

                                *Exhibit 93:  Veritas Technologies LLC - Product and service

                                *Exhibit 94:  Veritas Technologies LLC - Key offerings

***11. Appendix                            

                **11.1 Scope of the report         

                                *11.1.1 ????Market definition

                                *11.1.2 ????Objectives

                                *11.1.3 Notes and Caveats

                **11.2 Currency conversion rates for US$            

                                *Exhibit 95: ?Currency conversion rates for US$?

                **11.3 Research Methodology 

                                *Exhibit 96: ?Research Methodology

                                *Exhibit 97: ??Validation techniques employed for market sizing?

                                *Exhibit 98: ??Information sources

                **11.4 List of abbreviations        

                                *Exhibit 99: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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