According to the latest report by Reports and Data, the global Data Resiliency Testing Market is expected to reach a size of USD 90.05 billion by 2030, with a revenue CAGR of 18.5% over the forecast period. The growth is attributed to the continuous development of large amounts of data from business operations and the rise of cyber-attacks such as ransomware, leading to the adoption of various solutions and services to achieve Data Resiliency Testing. The need for data security and increasing privacy issues connected with data sharing with third-party apps are also driving the Data Resiliency Testing industry forward.

Data resilience is an ideal option in cases where data is lost or damaged due to a cyber-attack, equipment failure, or power loss, as it ensures that company activities are not disrupted. Data recovery is an important part of Data Resiliency Testing. Many companies already have disaster recovery and business continuity strategies in place, such as backup and recovery and multiple data centers located in different geographical regions, which enable them to recover quickly and maintain business operations.

To download a PDF sample copy of the report, visit @ https://www.reportsanddata.com/download-free-sample/1356

The on-premise segment is expected to account for a larger revenue share in 2020 due to its quick and low-latency solutions, and organizations that require excellent performance for a variety of workloads prefer on-premises implementation. The BFSI segment is expected to account for the largest CAGR during the forecast period due to the critical nature of data it contains, such as transaction passwords, account numbers, and credit/debit card details. The Data Resiliency Testing market in Asia-Pacific accounted for the largest revenue share in 2020 and is expected to grow at the fastest revenue CAGR over the forecast period due to increased awareness across various verticals and the surge in cyberattacks and ransomware assaults in this region.

Driving factors of Data Resiliency Testing Market

1. Continual development of large amounts of data from business operations.
2. Rise of cyber-attacks such as ransomware.
3. Increasing privacy issues connected with data sharing with third-party apps.
4. The necessity for data security.
5. The need for quick backup and recovery of critical information.
6. Existing disaster recovery and business continuity strategies in place.
7. Increased awareness of the need to safeguard and backup critical company data.
8. Surge in cyberattacks and ransomware assaults.
9. Growing concerns about the protection of vital data.

Some of the notable innovations in the Data Resiliency Testing Market

1. Integration of Artificial Intelligence (AI) and Machine Learning (ML) in Data Resiliency Testing solutions to automate data backup and recovery processes and improve their efficiency.
2. Adoption of Blockchain technology to enhance data security and enable secure and transparent data sharing between organizations.
3. Use of Cloud-based Data Resiliency Testing solutions, which offer scalability, cost-effectiveness, and easy accessibility of data from anywhere.
4. Development of Hybrid Data Resiliency Testing solutions that combine on-premise and cloud-based solutions to offer the benefits of both.
5. Introduction of Virtualized Data Resiliency Testing solutions that use virtual machines to create replicas of data, applications, and systems for backup and recovery purposes.
6. Implementation of Zero Trust Security models that allow access to data only on a need-to-know basis and provide an additional layer of security to prevent unauthorized access.
7. Emergence of Multi-Cloud Data Resiliency Testing solutions that offer backup and recovery across multiple cloud platforms to ensure business continuity in case of a disaster or outage in one cloud platform.
8. Use of Intelligent Data Management (IDM) solutions that automate data management tasks such as data classification, storage, and archiving to optimize Data Resiliency Testing and reduce storage costs.

Top 10 Companies Operating in the Global Data Resiliency Testing Market:

Acronis International GmbH, Asigra Inc., Broadcom Inc., Carbonite, Inc., IBM Corporation, Microsoft, NetApp, CenturyLink, Micro Focus, and Commvault. These companies are pursuing both organic and inorganic growth strategies, including partnering, to supplement their present product offerings and grow their consumer base.

To know more about the report @ https://www.reportsanddata.com/report-detail/data-resiliency-market 

Get Explore Latest Research Report by Reports and Data:

Specialty Tractor Market @ https://www.globenewswire.com/news-release/2020/03/03/1994603/0/en/Specialty-Tractor-Market-To-Reach-USD-132-1-Billion-By-2026-Reports-And-Data.html

Automotive Seats Market @ https://www.globenewswire.com/news-release/2019/08/12/1900508/0/en/Automotive-Seats-Market-To-Reach-USD-76-41-Billion-By-2026-Reports-And-Data.html

Body in White (BIW) Market @ https://www.globenewswire.com/news-release/2020/01/14/1969955/0/en/Body-in-White-BIW-Market-Is-Expected-To-Grow-With-CAGR-of-2-23-Reports-And-Data.html

Automotive Flooring Market @ https://www.globenewswire.com/news-release/2020/07/06/2058099/0/en/Automotive-Flooring-Market-To-Reach-USD-1-32-Billion-By-2027-Reports-and-Data.html

Automotive Adaptive Headlight Market @ https://www.globenewswire.com/news-release/2019/03/12/1752012/0/en/Automotive-Adaptive-Headlights-Market-To-Reach-USD-3-48-Billion-By-2026.html

Automotive Acoustic Materials Market @ https://www.globenewswire.com/news-release/2019/07/17/1884120/0/en/Automotive-Acoustic-Materials-Market-To-Reach-USD-3-20-Billion-By-2026-Reports-And-Data.html

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, TouchPoints, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provide our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com