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Worldwide Data Replication and Protection Software Market Shares, 2023: Continued Strength

Publisher IDC
Published Jun 28, 2024
Length 13 Pages
SKU # IDC18931022

Description

Worldwide Data Replication and Protection Software Market Shares, 2023: Continued Strength


This IDC study details the market share results for the worldwide data replication and protection software market in 2023. The data replication and protection software market grew 7.1% in 2023, with its growth rate being compared with restated 2022 revenue. Nevertheless, this growth exceeded the forecast and certainly demonstrates the resilience of the DR&P market. Rank order of the top 7 vendors did not change in 2023, with Veeam and Dell Technologies continuing to battle for the top spot."Data replication and protection software is a 'must have' for organizations, and thus overall IT spending for it tends to remain steady," said Phil Goodwin, research vice president, Infrastructure Systems, Platforms and Technologies Group, IDC. "The DR&P market saw strong growth in 2023 but not much change in major vendor rankings. Even so, it is a highly competitive market with vendors battling fiercely for market share and revenue. With AI being front and center in the minds of IT buyers, we expect this to be a new front in the race for technological innovation and competitive advantage in 2024 and beyond."

Please Note: Extended description available upon request.

Table of Contents

13 Pages
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
Market Context
Significant Market Developments
Methodology
Market Definition
Data Replication and Protection Software
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
Related Research

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