New York, NY -- (SBWIRE) -- 06/04/2019 -- When technology falters, organizations end up having to bear the brunt. Technologies enhance consumer experience, but when data is compromised, the reputation of the company suffers significant damage. To overcome the difficulties that are faced due to the vulnerabilities of technology, organizations opt for data resiliency solutions.

Data resiliency is concomitant with disaster management and ensures data protection. Increasing data generation and growing concerns regarding its security are the factors expected to drive the growth of the global data resiliency market. The market is forecasted to grow from USD 11.69 Bn in 2018 to USD 27.63 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 18.8%.

The manufacturers covered in this report
- Asigra Inc.
- CA Technologies
- Acronis
- Carbonite, Inc.
- Commvault Systems, Inc.
- Veritas Technologies
- IBM
- Microsoft
- Century Link

Scope of the Report:
The study aims to provide a forecast of the growth of the Data Resiliency market by examining the market size, share, demand, trends, and gross revenue of the industry. Further, it provides a competitive analysis and SWOT analysis. The report segments the industry based on product type, application and end-use. It highlights the emerging trends as well as the novel technology that are visible in the market. The research offers a clear look at the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

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In market segmentation by Region, the report covers:
- North America
- China
- Europe
- Southeast Asia
- Japan
- India

Data resiliency market based on components:
- Data backup and recovery
- Data archiving and e-discovery
- Disaster recovery

Market segment by application, the report covers:
- Banking, financial services and insurance (BFSI)
- Telecommunication
- Retail and consumer goods
- Healthcare
- Media and entertainment
- Aerospace and defense
- Government

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The research provides answers to the following key questions:
- What will be the growth rate of the Data Resiliency market for the forecast period, 2019 to 2026? What will be the market size and the share occupied by the prominent vendors by the estimated period?
- What are challenges and threats faced by the prominent vendors operating in the Data Resiliency market?
- Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
- What are the past, present and emerging trends likely to influence the growth rate of the Data Resiliency market for the forecast period, 2019 to 2026?
- What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?

Deployment segment insights:
The cloud segment of the data resiliency market is expected to expand at a higher CAGR than the on-premises segment during the forecast period (2018-2023), owing to its cost-effectiveness.
The small and medium-sized enterprises (SME) segment of the data resiliency market is projected to grow at a higher CAGR than the large enterprises segment during 2018-2023.

Extensive data on market segmentation:
The Data Resiliency Market report divides the market of potential buyers into different groups, or segments/sub segments, based on various characteristics. The segments and sub segments identified contain buyer who are expected to respond or react similarly to certain products and services. The report further finds out consumers who share traits including similar expectations, interests, geography and needs. The segmentation sheds light on how some customers are likely to purchase a product or service than others to enable marketers allocate their focus as well as resource.

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