Dublin, Nov. 01, 2023 (GLOBE NEWSWIRE) -- The "Data Protection - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Data Protection estimated at US$64.5 Billion in the year 2022, is projected to reach a revised size of US$116.6 Billion by 2030, growing at a CAGR of 7.7% over the analysis period 2022-2030. Large Enterprises, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$68.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the SMEs segment is readjusted to a revised 9.5% CAGR for the next 8-year period. 
The U.S. Market is Estimated at $18.9 Billion, While China is Forecast to Grow at 7.2% CAGR
The Data Protection market in the U.S. is estimated at US$18.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$20.3 Billion by the year 2030 trailing a CAGR of 7.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 6.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6% CAGR.
Select Competitors (Total 131 Featured) -
- Acronis International GmbH
- CA Technologies
- Hewlett Packard Enterprise Development LP (HPE)
- IBM Corporation
- McAfee LLC
- NetApp, Inc.
- Oracle Corporation
- Quest Software, Inc.
- Symantec Corporation
- Veeam Software AG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 239 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $64.5 Billion |
| Forecasted Market Value (USD) by 2030 | $116.6 Billion |
| Compound Annual Growth Rate | 7.7% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Data Protection: A Prelude
- Steady Growth Projected for Data Protection Solutions Market
- Data Protection - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Number of Data Breaches Worldwide Creates Fertile Environment for Growth of Data Protection Solutions Market
- Average Cost Per Data Breach by Country (in US$ Million): 2019
- Average Cost Per Record Breached Across Key Industries: 2019
- Number of Data Breaches in the US for Years 2013 through 2018
- Emergence of Digital Transformation as the New Age Enterprise Strategy Creates Fertile Environment
- Global Digital Transformation Market (In US$ Billion) for the Years 2019 and 2025
- Global Industry Digitalization Index Score by Industry Group for the Year 2019
- Global Cumulative Value of Digitalization by Industry (In US$ Billion) for the Period 2016 to 2025
- Pivotal Role of Data Management in Modern Enterprise Instigates Robust Demand
- Widespread Use of Data Backup & Recovery Points towards Bright Prospects
- Surging Deployments of Disaster Recovery Platforms Sustains Market Momentum
- Emphasis on Data Archiving & eDiscovery Widens Business Opportunities
- Priority for Identity & Access Management (IAM) in Enterprise IT Gives Impetus
- EU GDPR Amplifies IAM Requirements for Enterprises
- High Growth Opportunities in the Data Center Industry
- Telecommunications Sector: A Prime Consumer
- Banking & Finance Sector Emerges as Core Market
- AI: The Next Big Thing in Data Protection Ecosystem
- Cloud-based DPaaS to Drive Next Wave of Growth in Data Protection Market
- Standards and Regulations for Data Protection and Privacy: A Review
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/elotpg
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