target audience: TECH SUPPLIER Publication date: Jul 2023 - Document type: Market Forecast - Doc Document number: # EUR150987222
European Data Replication and Protection Software Market Forecast, 2022-2027
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Abstract
This IDC Market Forecast discusses the European data replication and protection (DR&P) software market and illustrates how the DR&P software industry will evolve in the next five years. It presents market revenue and growth for the different countries/regions and details on how enterprises should face new technology changes in the cloud industry.
"Data protection remains a key IT investment area as resilience of data and workloads across all environments become critical. Growing concerns around ransomware, hybrid cloud complexities, and multiple European regulations mean that data protection investment — especially data protection as a service spending — will likely remain immune to budget cuts during the forecast period in Europe," said Archana Venkatraman, associate research director, IDC Cloud Data Management and CloudOps Strategies in Europe.