Data Resiliency Market: Global Industry Trends and Forecast 2019-2025 Data Resiliency Market pdf | Page 2

Global Data Resiliency Market Shows Growth In Due to Rising Demand for
Data Security and Privacy | Market Opportunities and Forecast, 2019-2025
Orion Market Research (OMR) recently added an industrial report on the title “Global Data
Resiliency Market”. According to OMR analysis, the market is driven by rising demand for data
security and privacy and increasing demand for cloud-based data recovery services. Increasing
concerns related to privacy with the sharing of data with third-party applications is fueling the
growth of the market. The market plays a very important role in every business as it protects data
from being compromised and enables recovery of data in case of any disruption. Moreover, the
recovery of data is a crucial aspect of the market. However, irrespective of the security system the
company employs, the system still has certain loopholes and vulnerabilities putting the system at
risk of cyber-attack.
A
full
report
of
the
Global
Data
Resiliency
Market
is
available
at
https://www.omrglobal.com/industry-reports/data-resiliency-market/
Data resilience solutions are being accepted by various organizations to solve the complexities to
confirm effective cost expansion of their businesses. These solutions help any organization to run
smoothly even under a situation such as power failure, or malfunctioning. It is highly skilled through
the use of facilities or systems, subsystems, and redundant components. Data involves confidential
and crucial information like credit/debit card details, account numbers, transaction passwords,
which needs timely backup and high security.
Another major factor that is boosting the market is increasing the adoption rate of cloud technology
across the globe. Moreover, migration of data, applications, workflows and other elements of the
business to the cloud continues. However, traditional data storage solutions, like on-premise,
relational databases, don’t provide an easy, affordable, and flexible solutions that cloud platforms
like AWS, and Microsoft Azure provides.
Nowadays, organizations are equipped with disaster recovery and business continuity plans which
include data recovery and multiple data centers. Furthermore, in case of natural disaster or a cyber
attack, government agencies need the resiliency to bounce back quickly.
The market is segmented on the basis of deployment type and end-user. Based on the deployment
type, the market is segmented into on-premise and cloud-based. Based on end-user, the market is
segmented into BFSI, consumer & retail industry, IT & telecommunication, healthcare & life sciences
and others.