Global Data Protection and Recovery Solutions Market 2010-2014

A recent report by Technavio forecasts the Global Data Protection and Recovery Solutions market will grow at a CAGR of 10.2 percent over the period of 2010 through 2014.

A key factor contributing to market growth is the rise of compliance requirements. The Global Data Protection and Recovery Solutions market has also been witnessing a shift in demand toward centralized protection and storage. Conversely, the introduction of backup solutions as add-on modules by security software companies could pose a challenge to the growth of this market.

According to the report, dominant vendors in this market space include Symantec, IBM, EMC and CA Technologies providing data protection and recovery solutions in this market.

Technavio’s report covers Global Data Protection and Recovery Solutions market landscape and its growth prospects in the Americas, the EMEA region and the APAC region. The report covers software, license, subscription, revenue and services revenue.