target audience: TECH SUPPLIER Publication date: Jun 2022 - Document type: Market Share - Doc Document number: # US49163822
Worldwide Data Replication and Protection Software Market Shares, 2021: Steady Growth
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Abstract
This IDC study details the total market and individual vendor results for the data replication and protection software market in 2021. Readers can see where vendors fall in the rankings and their revenue and growth rates. With 40 named vendors plus "others," the data replication and protection software market remains an expanding, highly competitive market.
"Once again, the data replication and protection software market growth exceeded expectations," said Phil Goodwin, research vice president, Infrastructure Systems, Platforms, and Technologies Group, IDC. "Data replication and protection software buyers seemed to take year two of the COVID-19 pandemic in stride. By a comfortable margin, the market exceeded $10 billion in 2021. However, individual results were not even, with some vendors seeing high growth and others having their struggles."