Frost Radar™: Data Protection Services, 2024

Frost Radar™: Data Protection Services, 2024

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

Data protection is a vital tool for enterprises to protect against rapidly evolving cyber threats (particularly ransomware attacks). Since its inception in 2014, the data protection industry has continued to evolve and grow each year. Merger and acquisition (M&A) trends remain robust as companies in adjacent spaces seek to acquire new capabilities to provide customers with a more comprehensive suite of security and data management/protection services.

This Frost Radar™ independently plots the top 10 providers offering both enterprise data protection software technology platforms and replication environments. The broader data protection ecosystem includes managed service providers (MSPs) that do not provide their own technology platforms, storage providers with limited protection services, hyperscale IaaS providers that only provide protection for their environments, and security providers that do not offer data replication and recovery. Data protection services providers were chosen for this Frost Radar™ based on their breadth of support for various infrastructures in addition to their innovation execution and growth capabilities.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™, considering their strengths and the opportunities that best fit those strengths.