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European Data Replication and Protection Software Market Forecast, 2024–2028: Resilience Drives Steady Growth

Publisher IDC
Published Aug 30, 2024
Length 13 Pages
SKU # IDC19127323

Description

European Data Replication and Protection Software Market Forecast, 2024–2028: Resilience Drives Steady Growth


This IDC Market Forecast discusses the European data replication and protection software market and illustrates how the DRP software industry will evolve in the next five years. It presents market revenue and growth for different deployment spaces and provides details on how enterprises should face new technology changes in the cloud industry. It analyzes the European DRP software market and is split into two main deployments categories — public cloud services and on-premises/others — looking at both deployments combined. For more information about IDC's definitions, please refer to the latest IDC's Worldwide Software Taxonomy, 2024 (IDC #US52000924, April 2024)."Unabated data growth, resilience-oriented regulations, and advancing cyberattacks are pushing European organizations to invest in data replication and protection technologies, for static compliance and as part of proactive ransomware resilience. Data protection market remains a growth market and a large part of growth comes from public cloud services segment," said Archana Venkatraman, senior director, Cloud Data Management and CloudOps Research, IDC Europe.

Table of Contents

13 Pages

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Expand Depth and Breadth of Coverage

Cloud-Native and Container Protection Capabilities

Differentiated Resilience Value Proposition

AI for Data Protection and Data Protection for AI

Supporting Adjacent Business Outcomes

Market Forecast

Market Context

Drivers and Inhibitors

Drivers

Growing Ransomware Concerns

Security and ITOps Convergence

Inhibitors

Data Silos

Significant Market Developments

New Regulations

Post-Quantum Cryptography Algorithms

Continued M&A and Financial Activities

Changes from Prior Forecast

Market Definition

Data Protection Software

Backup and Recovery Reporting Software

Storage Replication Software

Host or Hypervisor-Based Replication Software

Systems and Data Migration Software

Fabric and Appliance-Based Replication Software

Array-Based Replication Software

Replication Management Software

Methodology

Related Research

Pricing

Currency Rates
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