Worldwide Data Protection and Recovery Software Market Shares, 2015: Steady On
This IDC study examines the worldwide data protection and recovery software market in calendar year 2015."The data protection and recovery software market showed little overall growth in 2015 largely due to currency adjustments from the strong dollar," said Phil Goodwin, research director, Protection, Availability and Recovery at IDC. "Though the market grew just 0.9%, it did exceed the forecast by almost $100 million. In addition, the cloud portion of this market grew 50% from $620.3 million in 2014 to $931.2 million in 2015. This indicates that IT organizations are shifting some of their on-premise backup workload to the cloud. Cloud backup, nontraditional database backup, and IoT backup will all be keys for future revenue growth."
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