Cyberthreats and Escalating Data Centricity Driving Data Protection Industry Growth

Cyberthreats and Escalating Data Centricity Driving Data Protection Industry Growth

Convergence of Capabilities and Features Leads to Increased Partnerships, Mergers, and Acquisitions

RELEASE DATE
23-May-2024
REGION
North America
Deliverable Type
Market Research
Research Code: KA5E-01-00-00-00
SKU: IT_2024_748
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$2,450.00
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SKU
IT_2024_748
$2,450.00
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Description

The data protection industry is undergoing transformation driven by evolving cyber threats, increasing data privacy and handling regulations, and the complexities of the hybrid cloud landscape. This report highlights growth opportunities and trends that will influence the industry through 2028.

It first examines strategic imperatives for the market and how larger trends, both in IT and business, generally influence the data protection industry. It also looks at the growth metrics, offering a forecast through 2028 and highlighting drivers and restraints that will influence the data protection space through the end of the forecast period. We also discuss segmentation and the different types of providers that are offering data protection solutions. We end with key growth opportunities for providers in the space to consider as they move forward in the data protection industry.

Author: Karyn Price

Table of Contents

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Data Protection Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Growth Metrics

Segmentation

Growth Drivers

Growth Restraints

Growth Opportunity 1: Integration of Cybersecurity Services

Growth Opportunity 1: Integration of Cybersecurity Services (continued)

Growth Opportunity 2: Addition of Industry- or Geography-specific Service Level Agreements (SLAs)

Growth Opportunity 2: Addition of Industry- or Geography-specific Service Level Agreements (SLAs) (continued)

Growth Opportunity 3: Integration of Lower-cost Storage Options

Growth Opportunity 3: Integration of Lower-cost Storage Options (continued)

List of Exhibits

Legal Disclaimer

The data protection industry is undergoing transformation driven by evolving cyber threats, increasing data privacy and handling regulations, and the complexities of the hybrid cloud landscape. This report highlights growth opportunities and trends that will influence the industry through 2028. It first examines strategic imperatives for the market and how larger trends, both in IT and business, generally influence the data protection industry. It also looks at the growth metrics, offering a forecast through 2028 and highlighting drivers and restraints that will influence the data protection space through the end of the forecast period. We also discuss segmentation and the different types of providers that are offering data protection solutions. We end with key growth opportunities for providers in the space to consider as they move forward in the data protection industry. Author: Karyn Price
More Information
Deliverable Type Market Research
Author Karyn Price
Industries Information Technology
No Index No
Is Prebook No
Podcast No
Predecessor 99E4-01-00-00-00
WIP Number KA5E-01-00-00-00