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The Data Protection market is expected to grow from an estimated USD 135.14 billion in 2024 to USD 546.79 billion in 2033, at a CAGR of 16.20%.The increasing volume of data created on a daily basis in companies, along with organizations' increased use of cloud computing, is boosting demand for data protection and recovery, which is a main driver of the global data protection market. Other important factors expected to drive growth in the global data protection market over the projected period include greater corporate awareness of data integrity and technical improvements in data protection systems and software.

The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Data Protection market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Data Protection market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

IBM Corporation, Commvault, Symantec, CA Technologies, Oracle, McAfee, Hewlett Packard, NetApp, Quest Software, Veeam Software, Acronis.

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Emergen Research has segmented the global Data Protection market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

By Component Outlook (Revenue, USD Million; 2020-2033)

• Solutions
  • Data backup and recovery
  • data archiving and eDiscovering
  • Disaster Recovery
  • Encryption
  • Tokenization
• Services
  • Professional Services
  • Managed Services

By Deployment Outlook (Revenue, USD Million; 2020-2033)

• Cloud
• On-premise

By Application Outlook (Revenue, USD Million; 2020-2033)

• BFSI
• Government & Defence
• Consumer goods and retail
• Media and entertainment
• Education
• Healthcare
• Manufacturing
• Telecom & IT
• Retail & E-commerce
• Others

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Data Protection Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Data Protection Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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