The North America Data Resiliency Market would witness market growth of 14.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Data Resiliency Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $14,860.8 million by 2031. The Canada market is experiencing a CAGR of 16.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 16% during (2024 - 2031).
Data resiliency pertains to an organization's capacity to guarantee that its data remains accessible, secure, and recoverable in the event of disruptions, including hardware malfunctions, cyberattacks, natural disasters, or human errors. It encompasses the strategies, technologies, and processes designed to protect data from loss or corruption and ensure its availability and continuity under all circumstances.
This market has emerged as a fundamental component of contemporary business operations, propelled by the exponential increase in data generation and the growing dependence on digital infrastructure. In a world where data is the lifeblood of industries, ensuring its protection, accessibility, and continuity has become paramount.
Across North America, industries are embracing hybrid cloud environments, AI-driven automation, and managed security services, shaping the regional market. This market in the United States is heavily driven by the finance and insurance sectors, which contributed 8.3% ($1.7 trillion) to the country’s GDP in 2020. As prime targets for cyberattacks, data breaches, and ransomware incidents, financial institutions invest significantly in AI-driven threat detection, encrypted cloud backups, and blockchain-based security to ensure real-time data recovery and compliance with stringent regulations like PCI DSS and SOX. In Mexico, the retail and e-commerce sectors are driving the growth of this market. According to the Mexican Online Sales Association, the domestic e-commerce industry was valued at $26.2 billion in 2022, marking a 23% growth from 2021. The increasing adoption of digital payment solutions, cloud-based transaction processing, and AI-driven fraud detection systems has compelled retailers to prioritize real-time data backup, disaster recovery, and cybersecurity frameworks. These investments are essential for ensuring business continuity, protecting sensitive customer data, and mitigating financial risks in a rapidly expanding e-commerce landscape. Hence, the region will present lucrative growth opportunities for the market.
Free Valuable Insights: The Data Resiliency Market is Predict to reach USD 61.67 Billion by 2031, at a CAGR of 15.1%
Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on End-use, the market is segmented into BFSI, Government, Energy & Utilities, Healthcare, Manufacturing, Retail, Telecom & IT, Media & Entertainment, and Other End-use. Based on Deployment, the market is segmented into Cloud, and On-Premises. Based on Type, the market is segmented into Solution (Data Backup & Recovery, Data Archiving & E-Discovery, and Disaster Recovery), and Services (Professional Service, and Managed Service). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Organization Size
By End-use
By Deployment
By Type
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 