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Cyberthreats and Escalating Data Centricity Driving Data Protection Industry Growth

Publisher Frost & Sullivan
Published May 23, 2024
SKU # MC18820270

Description

Cyberthreats and Escalating Data Centricity Driving Data Protection Industry Growth


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

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.

Table of Contents

Strategic Imperatives
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™
Growth Opportunity Analysis
Scope of Analysis
Growth Metrics
Segmentation
Growth Drivers
Growth Restraints
Growth Opportunity Universe
Growth Opportunity 1: Integration of Cybersecurity Services
Growth Opportunity 2: Addition of Industry- or Geography-specific Service Level Agreements (SLAs)
Growth Opportunity 3: Integration of Lower-cost Storage Options
List of Exhibits
Legal Disclaimer

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