European Data Replication and Protection Software Market Share, 2022: Buoyant Growth Reflecting the Role of Data Protection in Ransomware Resilience

European Data Replication and Protection Software Market Share, 2022: Buoyant Growth Reflecting the Role of Data Protection in Ransomware Resilience

This IDC Market Share discusses trends and vendor dynamics in the data protection and replication software market in Europe.The 2022 European data replication and protection market recorded 11.1% year-over-year (YoY) growth driven by the value of backup features such as recovery, air gaps, and immutability in helping organizations build ransomware resilience.Established incumbent vendors such as Veeam, IBM, Commvault, and Dell Technologies as well as vendors such as Cohesity, Acronis, and Kaseya are key market shapers. "The data protection platform is a critical building block for ransomware resilience, regulatory compliance, and the development of the right foundation for hybrid cloud innovation. Vendors with broader workload coverage, including SaaS, and vendors providing security-focused capabilities, cloud services, automation, and intelligent restores will grow aggressively in Europe. Exploring potential in newer areas such as OT environments and specialist data clouds can keep the data protection market a hot IT investment area for organizations," said Archana Venkatraman, research director, Cloud Data Management and CloudOps, IDC Europe.

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