According to a new report, published by KBV research, The Global Data Resiliency Market size is expected to reach $61.67 billion by 2031, rising at a market growth of 15.1% CAGR during the forecast period.
The Large Enterprises segment captured the maximum revenue in the Global Data Resiliency Market by Organization Size in 2023, thereby, achieving a market value of $37.4 billion by 2031. These organizations often operate across multiple geographies, requiring sophisticated and scalable data resiliency solutions to manage and protect distributed data. Compliance with stringent regulatory requirements, such as GDPR and HIPAA, further compels large enterprises to invest in robust backup, disaster recovery, and data protection frameworks.
The BFSI segment is experiencing a CAGR of 13.9 % during the forecast period. Ensuring uninterrupted data availability is crucial with the increasing volume of digital transactions, mobile banking services, and the rise of fintech innovations. The industry is especially susceptible to a number of threats, such as fraud, cyberattacks, data breaches, and system outages, all of which have the potential to cause significant financial losses and erode customer confidence.
The Cloud segment led the maximum revenue in the Global Data Resiliency Market by Deployment in 2023, thereby, achieving a market value of $31.9 billion by 2031. The cloud segment is driven by its adaptability, scalability, and cost-effectiveness, rendering it an appealing choice for small and medium-sized enterprises (SMEs) as well as organizations undergoing digital transformation. The ability to quickly deploy cloud-based solutions without the need for significant upfront investments appeals to organizations seeking budget-friendly data resiliency.
The Solution segment is growing at a CAGR of 14.8 % during the forecast period. The solution segment is primarily driven by the growing need for advanced tools to protect data and ensure business continuity in the face of rising cybersecurity threats, natural disasters, and system failures. Organizations increasingly adopt automated backup systems, disaster recovery solutions, and data replication technologies to mitigate risks and maintain operational resilience.
Full Report: https://www.kbvresearch.com/data-resiliency-market/
The North America region dominated the Global Data Resiliency Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $20.7 billion by 2031. The Europe region is anticipated to grow at a CAGR of 14.7% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 15.7% during (2024 - 2031).
By Organization Size
By End-use
By Deployment
By Type
Unique Offerings 
