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Data Protection Appliances Market Anticipated to Grow at a CAGR of 41.23% by 2021

Inquire for Data Protection Appliances Market Competitive Analysis, Trends and Forecast till 2021, with free sample copy of the report.
Published 26 July 2018
“Global Data Protection Appliances Market 2017-2021” provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Data Protection Appliances Market.

This report studies the Data Protection Appliances market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries. The report covers the present scenario and the growth prospects of the global Data Protection Appliances retail market for 2017-2021. To calculate the market size, the report includes segmentation of the market on the basis of product category and geography.

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Key vendors in this market are:
Dell EMC, Hewlett Packard Enterprise Development, IBM, Veritas Technologies, Asigra.

Commenting on the report, an analyst from Industrydataanlytics team said: The latest trend gaining momentum in the market is End-to-end protection for cloud storage devices Cloud data storage devices need end-to-end protection solutions to reduce data security risks. Vendors are working to develop data protection appliances that support both encryption and decryption techniques. Currently, cloud-based server systems/cloud platforms do not provide end-to-end encryption. With this security feature in place in both the public and private networks, vendors will find a huge opportunity in data protection appliances for cloud-based services. Data appliances will be used to encrypt the data at the source and transit and then backup the data at the final stage. Thus, an end-to-end protection will provide the enterprise to depend on the cloud service providers to provide storage. The centralized management called DPA will improve the reliability and reduce expenditures.”””

Data protection appliances are defined as devices or appliances that are used to send critical data from the main location (off the main site) to an offsite location as part of the backup, archiving, or disaster recovery plans. Data protection appliances are simple to deploy and scale up and also support applications such as MongoDB, Hadoop, and MySQL. Traditional backup appliances include hybrid backup appliances. Data protection appliances are significantly less costly compared with traditional backup appliances in terms of both appliance and cloud storage costs. In the traditional backup process, data is usually transported from onsite to offsite by means of a magnetic tape or optical storage. Data can also be sent electronically via remote backup services to the data protection appliances. The data transfer from the online site to the off-site ensures that the data is restored in the event of a system crash.

Industrydataanlytics forecast the global data protection appliances market to grow at a CAGR of 41.23% during the period 2017-2021.

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Covered in this report:
The report covers the present scenario and the growth prospects of the global data protection appliances market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of different types of data protection appliances hardware and the integrated data protection appliances.

Industrydataanlytics report , Global Data Protection Appliances Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

This independent 69 page report guarantees you will remain better informed than your competition. With over 50 tables and figures examining the Data Protection Appliances market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

Segmentation by geography and analysis of the Data Protection Appliances market

Further, the report states that one of the major factors hindering the growth of this market is Cloud storage: Data security issue. With the development of cloud data storage, data security and data protection have become important. Cloud computing uses open network architecture to share and distribute resources and is susceptible to security issues. Without the strong encryption and decryption techniques, the files in the cloud storage are vulnerable to attacks in the open network during the data transmission. Even with the help of data protection appliances in the cloud server, the vulnerability can take place in the data transmission process during the backup process. Thus, cloud storage needs services such as authentication, encryption, decryption, and data compression at both the ends of the transmission.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Major points covered in Global Data Protection Appliances Market 2017 Research are:-
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
About us:
Industrydataanalytics provides syndicated Market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. Industrydataanalytics has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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