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The Global Data Resiliency Market size is expected to reach $25.8 billion by 2023, rising at a market growth of 17% CAGR during the forecast period. Resiliency is the ability of a server, network, storage system, or an entire data center, to recover quickly and continue operational functions when there is an equipment failure, power outage or other disruptions. Data resiliency supports data availability to various applications and end users, even in the instances of data failure in the hosted system. The adoption of disaster recovery services would eventually lead to successful recuperation of the data within a business continuity context. Therefore, investments into either private cloud disaster recovery solutions or both, private cloud and Disaster Recovery as a Service (DRaaS) are now a popular trend among the organizations.
Based on Type, the Data Resiliency market segments the market into Solution and Services. Solution Type includes Data Backup & Recovery, Data Archiving & E-Discovery, and Disaster Recovery. The Services market is segmented into Professional and Managed Services. Based on Organization Size, the market report segments the market into Small & Medium Enterprises and Large Enterprises. Based on Deployment Mode, the market report segments the market into Cloud and On-Premise. Based on Vertical, the market report segments the market into BFSI, Government, Energy & Utilities, Healthcare, Manufacturing, Retail, Telecom & IT, Media & Entertainment, and Others. Based on Regions, the Data Resiliency market segments the market into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The market research report covers the competition analysis of key stake holders of the Global Data Resiliency Market. Key companies profiled in the report include Microsoft Corporation, CA Technologies, Inc., IBM Corporation, Micro Focus, CenturyLINK Technology Solutions, Acronis, Inc., Netapp, Inc., Commvault, Veeam Software, and Dell Technologies, Inc.