Global Data Protection Appliances Market 2017-2021

Overview of the global data protection appliances market 

Research analysis on the data protection appliances market identifies the rising demand for data archiving appliances as one of the major factors that will have a positive impact on the growth of this market. Technavio's market research analysts predict that this market will grow at a CAGR of more than 41% by 2021. The collection of information plays a vital role for decision making in organizations. This is increasing the demand for data storage devices, which is demanding enterprises to prefer cloud backup solutions due to the rising need for backup and archiving data in online storage systems. Moreover, the demand for data archiving appliances is also rising due to the automatic data archiving processes which makes the systems run better, use lesser resources, and lower the overall storage costs. Data protection appliances works with the archiving facility that helps archive files quicker, at a lower cost, and makes the systems easy to manage. Moreover, the adoption of data protection appliances will also aid enterprises in retrieving and modifying the data on the cloud.

Most of the enterprises are implementing data protection appliances to lower the complication levels and security. These appliances reduce security risks, and the hybrid server architecture developers are increasingly concentrating on maintaining the components to deliver security solutions. For instance, Dell EMC offers solutions such as integrated backup appliances as part of converged data protection that offers protection in the environment with a substantial time to value. Merging hardware and software as an integrated solution has enabled data protection appliance vendors to lower complex server architecture into converged integrated solutions. Such benefits will induce the integration of backup appliances, which according to this market research report, will be one of the key trends that will gain traction in this market during the next few years.

Competitive landscape and key vendors  

The data protection appliances market consists of few players. The vendor competition is mainly based on factors such as component quality, memory capacity, and the technologies offered to customers (OEMs) such as increased data rates, different device configuration, and better interface. Companies in this industry are mainly concentrating on R&D activities to bring out innovative products that offer advanced data protection to the users.

The leading vendors in the market are -

• Dell EMC
• Hewlett Packard Enterprise Development
• IBM
• Veritas Technologies

The other prominent vendor in the market is Asigra.

Segmentation by solution and analysis of the data protection appliances market

• Backup and disaster recovery
• Continuous availability
• Archiving applications
• Governance, risk, and compliance

Backup and disaster recovery is used in data centers and in enterprises during component failure, node failure, rack failure, and in cases of an entire data center outage. According to this industry research report, this segment accounted for the major shares of this market during 2016.

Geographical segmentation and analysis of the data protection appliances market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the data protection appliances market throughout the forecast period. The increased adoption of data protection appliances in the US and the rising demand for mission-critical applications such as big data analytics, will drive the growth of the market in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global data protection appliances market?
• What are the key market trends impacting the growth of the global data protection appliances market?
• What are the challenges to market growth?
• Who are the key vendors in the global data protection appliances market?
• What are the market opportunities and threats faced by the vendors in the global data protection appliances market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global data protection appliances market?

Technavio also offers customization on reports based on specific client requirement.

A pre-configured turnkey solution merging software, search and analytics, and protection storage. This industry research report on the global data protection appliance market by Technavio is an integral part of the ICT portfolio and offers insights into the major trends and evolving drivers inducing the growth of the IT Hardware industry. The market research experts at Technavio also take into account the market forecast, market size, and increasing demand for various IT hardware products and services and offers a complete overview of the global data protection appliance market for the estimated period of 2017-2021.

This upcoming market research report on the global data protection appliance market covers vendors like VMware, COMMVAULT, Veritas, IBM, Symantec, and Dell EMC. To help clients identify potential market opportunities and expand in niche markets, this report on the global data protection appliance market also covers geographies like the Americas, APAC, and EMEA.

Our market research analysis includes qualitative and quantitative research techniques like vendor analysis, drivers, challenges, and trend analysis. Additionally, an analysis of the market share and market size using statistical models is also carried out to help clients develop active growth strategies and keep pace with the frequently changing market landscape.

The upcoming industry report on the global data protection appliance market also offers insights into fast-growing segments within the ICT industry, including sectors like IT security and enterprise application. Furthermore, this report also presents insights into the varying competitive landscape to give clients a realistic picture of the future direction of the industry.

Our market research methodology for the global data protection appliance market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.