The Global Data Recovery as a Service Market size is expected to reach $4.1 billion by 2024, rising at a market growth of 12.9% CAGR during the forecast period

LONDON, August 22, 2018 /PRNewswire/ -- The Global Data Recovery as a Service Market size is expected to reach $4.1 billion by 2024, rising at a market growth of 12.9% CAGR during the forecast period.

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Data recovery is a process which is used to recall or recover data from various storage devices which have the potential of data loss. Data recovery is used in conditions of accidental deletion, hard drive accidental formatting, Windows reinstallation, partition loss, system booting failure and others. Data Recovery refers to recovering specific information that is inaccessible due to logical or physical damages of a storage device.

Based on the type, the Data Recovery as a Service market is segmented into In Lab Recovery, Data Recovery Software and RAID and Server Recovery. The Applications covered in this report include Media Storage Recovery, Email Recovery and Application Recovery. The end users highlighted in the report includes Personal and Commercial. The Commercial segment includes Banking, Financial Services, & Insurance (BFSI), Manufacturing, Retail & Wholesale, Telecommunication & IT, Media & Entertainment, Healthcare, Government, Education, others (Transportation & Logistics and Others). Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Hewlett Packard Enterprise (HPE) Company, Dell Technologies, Inc., Commvault, Acronis, Inc., Netapp, Inc., Amazon.com, Inc. (Amazon Web Services), Unitrends, Inc., Seagate Technology Plc., Stellar, NTT Data Corporation and R3DataRecovery.

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