Data Protection & Recovery Solution Market Worth $14.1 Billion by 2025

Press release published by: http://www.grandviewresearch.com/

Source URL: http://www.grandviewresearch.com/press-release/global-data-protection-recovery-solutions-market

The global data protection and recovery solution market is expected to reach USD 14.1 billion by 2025, according to a new study by Grand View Research, Inc. The growing adoption of cloud computing by organizations is leading to increased data management concerns. Data migration to the cloud is resulting in a rise in threats such as data loss, unauthorized data processing, and theft.

Increasing adoption of digital transformation is driving the demand for proficient information management, compliance, and governance. Data constitutes a critical part of digital transformation, therefore, making it even more important to ensure proper management and security.

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The growing number of information-based organizations is leading to elevated utilization of business information to improve operational efficiency and innovate products and services, based on evolving customer demands and preferences. All the above mentioned factors are expected to propel the demand for data protection, backup, and recovery solutions.

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About Calsoft

Calsoft is a leading software product engineering services company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. www.calsoftinc.com

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