European Data Replication and Protection Software Market Forecast, 2024–2028: Resilience Drives Steady Growth
This IDC Market Forecast discusses the European data replication and protection software market and illustrates how the DRP software industry will evolve in the next five years. It presents market revenue and growth for different deployment spaces and provides details on how enterprises should face new technology changes in the cloud industry. It analyzes the European DRP software market and is split into two main deployments categories — public cloud services and on-premises/others — looking at both deployments combined. For more information about IDC's definitions, please refer to the latest IDC's Worldwide Software Taxonomy, 2024 (IDC #US52000924, April 2024)."Unabated data growth, resilience-oriented regulations, and advancing cyberattacks are pushing European organizations to invest in data replication and protection technologies, for static compliance and as part of proactive ransomware resilience. Data protection market remains a growth market and a large part of growth comes from public cloud services segment," said Archana Venkatraman, senior director, Cloud Data Management and CloudOps Research, IDC Europe.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Expand Depth and Breadth of Coverage
Cloud-Native and Container Protection Capabilities
Differentiated Resilience Value Proposition
AI for Data Protection and Data Protection for AI
Supporting Adjacent Business Outcomes
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Growing Ransomware Concerns
Security and ITOps Convergence
Inhibitors
Data Silos
Significant Market Developments
New Regulations
Post-Quantum Cryptography Algorithms
Continued M&A and Financial Activities
Changes from Prior Forecast
Market Definition
Data Protection Software
Backup and Recovery Reporting Software
Storage Replication Software
Host or Hypervisor-Based Replication Software
Systems and Data Migration Software
Fabric and Appliance-Based Replication Software
Array-Based Replication Software
Replication Management Software
Methodology
Related Research
Research Assistance
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