Worldwide Data Replication and Protection Software Market Shares, 2018: Adding Replication to the Mix
This IDC study examines the worldwide data replication and protection software market in calendar year 2018. The data replication and protection software market was $8.9 billion in 2018 with a 2.2% y/y growth rate. However, prior year comparisons are difficult given that data replication software was added to the taxonomy in 2018. Thus the 2.2% growth represents a combination of organic growth and the addition of the data replication software market. Even with the taxonomy change, the top 5 vendors remained the same as in 2017 though in a different order — Dell EMC, IBM, Veritas, Veeam, and Commvault. These top 5 vendors represent 58.2% of the total market. The remaining 41.8% of the market is taken by 35 named vendors and a category of unspecified "other" vendors."The data replication and protection market remains large and robust," said Phil Goodwin, research director, Infrastructure Systems, Platforms and Technologies Group at IDC. "Even though we added data replication software to the 2018 taxonomy, a market segment that has seen significant declines in recent years, the combined market grew at 2.2%. It is reasonable to say that traditional backup and recovery software remains strong, and we expect market growth to continue."
Please Note: Extended description available upon request.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook