Worldwide Disk-Based Data Protection Forecast, 2018–2021
This IDC study provides a forecast for the disk-based data protection market."The disk-based data protection market is forecast to grow at a 0.8% CAGR, with total revenue topping $15 billion in 2021," said Phil Goodwin, research director for Storage Systems and Software at IDC. "This is substantially slower than that of the previous year forecast, largely because of the slowing demand for traditional enterprise storage systems and volatility in the purpose-built backup appliance market, especially for target devices. We believe the market is seeing a shift toward hyperconverged or integrated backup appliances as well as born-in-the-cloud applications (both direct and SaaS) that is impacting demand for traditional disk-based backup solutions."
Please Note: Extended description available upon request.
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