Data Resiliency Market, By Type (On-premises and Cloud), By Application (Large Enterprises and Small & Medium Enterprises), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2030

The data resilience market was valued at US$16.08 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 18.1% to reach US$83.59 billion by 2030.

Data availability required in a production setting is known as data resilience. Due to its capacity to minimize downtime and facilitate business continuity, it is crucial for all types of enterprises. This involves the storage of your data in a particular area. The ability of a server, storage system, data server, or complete network to recover and carry on without any of the systems connected to it shutting down, ceasing to function, or losing their operating capabilities is known as cloud resilience. The capacity of a cloud-based service to tolerate specific kinds of failures and still function from the user's standpoint is known as resilience.