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Cyberthreats and Escalating Data Centricity Driving Data Protection Industry Growth

  • Report

  • 23 Pages
  • May 2024
  • Region: Global
  • Frost & Sullivan
  • ID: 5978704

Convergence of Capabilities and Features Leads to Increased Partnerships, Mergers, and Acquisitions

The data protection industry is undergoing transformation driven by evolving cyber threats, increasing data privacy and handling regulations, and the complexities of the hybrid cloud landscape. This report highlights growth opportunities and trends that will influence the industry through 2028.

It first examines strategic imperatives for the market and how larger trends, both in IT and business, generally influence the data protection industry. It also looks at the growth metrics, offering a forecast through 2028 and highlighting drivers and restraints that will influence the data protection space through the end of the forecast period. We also discuss segmentation and the different types of providers that are offering data protection solutions. We end with key growth opportunities for providers in the space to consider as they move forward in the data protection industry.

Table of Contents

Strategic Imperatives
  • Why Is It Increasingly Difficult to Grow?
  • The Strategic Imperative 8™
  • The Impact of the Top 3 Strategic Imperatives on the Data Protection Industry
  • Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Opportunity Analysis
  • Scope of Analysis
  • Growth Metrics
  • Segmentation
  • Growth Drivers
  • Growth Restraints
Growth Opportunity Universe
  • Growth Opportunity 1: Integration of Cybersecurity Services
  • Growth Opportunity 2: Addition of Industry- or Geography-specific Service Level Agreements (SLAs)
  • Growth Opportunity 3: Integration of Lower-cost Storage Options
  • List of Exhibits
  • Legal Disclaimer