Copy Data Management Software Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
- May 2036
- 0 pages
Copy data management (CDM) is an approach or technology in which unnecessary duplication of production data is eliminated in order to reduce storage consumption. Production data comprises backup, vault, snapshot, and data copies made for various IT or business functions. CDM software captures application-consistent data and generates a backup/ recovery copy of the data in the secondary storage system. CDM follows an application-centric approach to capture data and stores the captured data in applications native format throughout the data cycle. CDM enables the creation of virtual copies of data which can be managed more efficiently and effectively with backup and disaster recovery options for enterprises. CDM software also helps to minimize the software license cost by eliminating the need for duplicate software license to retail multiple copies of a file. Moreover, CDM technology also helps businesses to form disaster recovery strategies in order to create, optimize, and manage backup, recovery points, and test data management environments. Many CDM vendors provide unique features which enable enterprises to consolidate the secondary storage into a single platform and helps to save storage space and operational time.
The importance of CDM is rapidly being understood around the globe mainly due to rising multi-faceted IT problems encountered by enterprises. CDM software helps enterprises to resolve data management challenges and allows companies to create and manage multiple versions of data for recovery. In addition, CDM also helps companies to handle copy data crisis by providing local copies for operational recovery and remote copies for disaster recovery. These factors are boosting the demand for CDM software across industries such as banking, financial service & insurance (BFSI), and IT & telecom, especially in IT backrooms. Furthermore, growing need for optimized and reduced data storage space by enterprises is anticipated to contribute to the growth of the CDM market. Also, growing business demand for data uptime and recovery in order to meet Service Level Agreements (SLAs) and Recovery Time Objective (RTO) is likely to drive the CDM software market during the forecast period. However, security of the data is the main concern associated with CDM as it focuses more on backup and recovery rather than security. Similarly, as CDM allows users to work on a common copy of a data source, it might lead to complexity in terms of version control of the files. These factors are expected to restrain the use of CDM software. However, growing adoption of cloud platforms and increasing requirements of reduced data redundancies is projected to provide prominent opportunities for CDM in emerging markets. In addition, the growing emergence of data on-demand trend in enterprises is expected to offer opportunities for the CDM market.
The global CDM software market can be segmented by type, enterprise size, deployment model, and end-use industry. By type, the CDM market is segmented into on premise CDM and cloud-based CDM. Based on enterprise size, the market is divided into large enterprise and small & medium enterprises (SME’s). By deployment model, the CDM market is categorized into In-place CDM model and rip & replace or off-host CDM model. On the basis of end-use industry, the market is segmented into BFSI, IT & telecom, media and entertainment, government, healthcare, and others such as retail and logistics & transportation. Among these segments, telecom & IT industry is expected to see high demand for CDM software across the world especially from North America. In long-term, CDM software is anticipated to see lucrative opportunities in Europe and the Asia Pacific region primarily due to growing demand for data optimization and compact solutions for backup and recovery of data.
The rising demand for CDM and importance of efficient management & optimization of data has led many vendors to introduce their solutions in the CDM market. Some of the major players in the CDM market are Catalogic Software, NICMAN Group LLC., Actifio, Inc., International Business Machine Corporation (IBM), Veritas Technologies, LLC, Edgewater Networks, Rubrik, Inc., Cohesity, Inc., Commvault Systems, Inc., and Delphix Corp.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.