Cloud Workload Protection Market by Solution, Service, Deployment Model, Organizational Size, Vertical, and Region - Global Forecast to 2023

 

According to market research report "Cloud Workload Protection Market by Solution (Monitoring and Logging, Policy and Compliance Management, Threat Detection Incident Response), Service, Deployment Model, Organizational Size, Vertical, and Region - Global Forecast to 2023", The cloud workload protection market size is expected to grow from USD 2.25 Billion in 2018 to USD 6.70 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 24.4% during the forecast period.

The demand for cloud workload protection is driven by various factors, such as the increasing adoption of the multi-cloud strategy among enterprises, centralized policy enforcement, simplified installation of distributed enterprise workloads, dire need to fortify enterprise workloads against unauthorized strikes, and seamless scalability and reduced operational costs.

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The hybrid cloud segment is expected to grow at the highest CAGR during the forecast period.

The hybrid cloud segment is expected to gain the highest traction in the cloud workload protection market during the forecast period. This segment provides more control, reduced risks, cost-efficiency, and better performance. Additionally, it provides an ideal combination of public cloud and private cloud features, such as the versatility and cost-effectiveness of the public cloud, and greater control and security of the private cloud.

North America is expected to contribute to the largest market share, whereas Asia Pacific is projected to grow at the highest CAGR during the forecast period.

North America is expected to account for the largest market share and dominate the cloud workload protection market during the forecast period. The major growth drivers for this region are the increasing need to prevent cyber threats, growing adoption of cloud services, better security compliant offerings by vendors, and need for enhanced control and visibility mechanisms.

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The monitoring and logging segment is estimated to contribute the largest market share in 2018.

Among solutions, the monitoring and logging segment is estimated to account for the largest market size in 2018. The major factors driving the growth of this segment include the benefit of gaining centralized visibility and control over high-volume cloud workloads.

The major vendors providing cloud workload protection solutions and services are Bracket (US), CloudPassage (US), Dome9 (US), Evident (US), GuardiCore (Israel), HyTrust (US), LogRhythm (US), McAfee (US), Sophos (UK), Symantec (US), Trend Micro (Japan), and Tripwire (US).

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Data Resiliency Market by Component, Services, Deployment, Organization Size, Vertical, and Region - Global Forecast to 2023

 

According to market research report "Data Resiliency Market by Component (Solutions (Data Backup & Recovery, Data Archiving & E-Discovery, Disaster Recovery), Services (Professional Services & Managed Services)), Deployment, Organization Size, Vertical, and Region - Global Forecast to 2023”, The data resiliency market is expected to grow from USD 11.69 Billion in 2018 to USD 27.63 Billion by 2023, at a CAGR of 18.8% from 2018 to 2023.

The growth of the data resiliency market is primarily driven by the increasing data privacy concerns and need to ensure data security, growing adoption of cloud-based data backup and recovery solutions, and increasing data generation from various sources.

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The North American region is expected to lead the data resiliency market in 2018.

The North American region is expected to lead the data resiliency market in 2018. The growth of the North America data resiliency market can be attributed to the presence of various key players such as IBM (US), Commvault Systems, Inc. (US), Microsoft (US), and VMware (US) in the region. Moreover, increased investments by various leading market players in R&D activities also contribute to the increased demand for data resiliency solutions in the North American region.

Based on organization size, the small & medium enterprises segment of the data resiliency market is projected to grow at a higher CAGR than the large enterprises segment from 2018 to 2023.

Based on organization size, the small & medium enterprises segment of the data resiliency market is expected to witness higher growth than the large enterprises segment during the forecast period. Cost-effectiveness is important for Small & Medium Enterprises (SMEs) as they have limited budgets. Hence, these enterprises face greater resource crunch than large enterprises and as such, require improved methods to resolve complexities to ensure effective cost optimization of their business processes. The implementation of cloud-based data resiliency solutions is expected to result in increased revenues, desired business outcomes, and improved business efficiency for SMEs.

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Based on deployment, the cloud segment of the data resiliency market is projected to grow at a higher CAGR than the on-premises segment during the forecast period.

Based on deployment, the cloud segment of the data resiliency market is projected to grow at a higher CAGR than on-premises segment during the forecast period. Cloud data resiliency solutions are cost-effective. They are capable of storing larger volumes of data than on-premises solutions. Moreover, cloud solutions offer reduced downtime in case of any failure and help easily locate the data. Cloud solutions also offer increased scalability as they allow an easy increase in the data storage limit. Majority of the small & medium enterprises are adopting cloud solutions as they help them in avoiding the costs related to hardware, software, storage, and technical staff.

Some of the major vendors of data resiliency solutions are Acronis (Switzerland), Asigra Inc. (Canada), CA Technologies (US), Carbonite, Inc. (US), CenturyLink (US), Commvault Systems, Inc. (US), IBM (US), Micro Focus (UK), Microsoft (US), NetApp (US), Quest Software, Inc. (US), Unitrends (US), Veeam Software (Switzerland), Veritas Technologies LLC (US), and VMware (US).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Data Fabric Market Size, Share and Global Market Forecast to 2026 : MarketsandMarkets

 

According to market research report "Data Fabric Market by Type (Disk-Based, In-Memory), Business Applications (Fraud Detection and Security Management, Customer Experience Management, Business Process Management, GRC Management), Service, Vertical and Region - Global Forecast to 2026", published by MarketsandMarkets™,  the global Data Fabric Market size to grow from USD 1.0 billion in 2020 to USD 4.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 26.3% during the forecast period.

 

Various factors such as increasing volume and variety of business data, emerging need for business agility and accessibility, and growing demand for real-time streaming analytics are expected to drive the adoption of the data fabric solutions and services.

 

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The COVID-19 pandemic has forced businesses to find new alternatives for speedy recovery and attention to the urgent need to access enough data in crisis times. Disparate data stores hamper the efforts of business leaders to make fully informed decisions. Using a modern data architecture approach called data fabric, Ernst & Young (EY) developed Business Resiliency Data Fabric that enables access to data wherever it lives. Data fabric supports rapid technological change while increasing data entropy. To help alleviate the consequences of COVID-19, Denodo launched the Coronavirus Data Portal (CDP), a collaborative initiative that leverages data virtualization to unify critical datasets originally exposed in different formats from multiple sources and countries and make the unified data open to everyone. Using the CDP and the data virtualization capabilities of the Denodo Platform, pmOne created detailed reports and AI analysis, seamlessly orchestrating all the information streams in the pmOne Share Cockpit. The collaboration of Denodo and pmOne provided the global community with trustworthy, up-to-date data about COVID-19 that can be used to develop new intelligence about COVID-19 and reduce its impact. Banks have transitioned to remote sales and service teams and launched digital outreach to customers to make flexible payment arrangements for loans and mortgages. Grocery stores have shifted to online ordering and delivery as their primary business. Schools in many locales have pivoted to 100% online learning and digital classrooms. Doctors have begun delivering telemedicine, aided by more flexible regulation. These approaches have resulted in the rise of volume and variety of business data, the rise in need for business agility and data accessibility, and increasing demand for real-time streaming analytics, contributing to the growth of the Data Fabric Market

 
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The services segment to hold higher CAGR during the forecast period

Based on components, the Data Fabric Market is segmented into software and services. Data fabric makes the movement of data between cloud, storage systems, and data centers smoother, with low latency contributing to the adoption of data fabric software. The services segment, on the other hand, has been bifurcated into consulting services, support and maintenance, and education and training services. The services segment is expected to account for higher CAGR during the forecast as services are required by organizations to bring about effective data fabric implementation strategies that can be handled by third-party companies, and the organizations can concentrate on their core businesses.

The large enterprises segment to hold largest market size during the forecast period

The Data Fabric Market has been segmented by organization size into large enterprises and SMEs. The market share of large enterprises is higher; however, the market for SMEs is expected to register a higher CAGR during the forecast period. The demand for data fabric is accelerating due to its cost-effective and time-efficient feature; its growth is specifically high in large enterprises, where low-cost solutions are in demand.

The cloudsegment to have higher CAGR during the forecst period

Based on deployment mode, the market has been segmented into on-premises and cloud. The on-premises segment is expected to hold largest market size while the cloud segment is expected to account for higher CAGR during the forecast period due to the ease of using only the functionalities without knowing the implementation. The cloud deployment mode is being widely adopted by enterprises in all regions where data security is a major concern.

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Banking, Financial services, and Insurance segment to have the largest marketsize during the forecast period

The Data Fabric Market by vertical has been categorized into 9 different verticals, namely, BFSI, telecommunications and IT, retail and e-commerce, healthcare and life sciences, manufacturing, government, energy and utilities, media and entertainment, and others. The other verticals comprise transportation and logistics, travel and hospitality, and education. The market size of BFSI segment is expected to be the largest as data fabric can help financial institutions by providing a flexible means for ingesting data from enterprise and external systems, storing data securely, generating insights, and providing access through data services (APIs) while maintaining cost efficiency. This leads to its adoption in the BFSI sector.

North America to hold largest market size during the forecast period

North America has been at the forefront in driving the major portion of the revenue generated by the data management and analytics vendors. State-of-the-art infrastructure, high funding opportunities, widespread customer base across several industries, and availability of a highly-skilled workforce have been major contributors to the innovation and early adoption of various technologies such as big data and related technologies, analytics, and IoT. Rapid digitalization across industry verticals, increasing adoption of IoT-enabled technologies, and technological advancements are fueling the adoption of data fabric in North America.

Major vendors in the global Data Fabric Market include Denodo Technologies (US), Global IDs (US), IBM Corporation (US), Informatica (US), NetApp (US), Oracle Corporation (US), SAP SE (Germany), Software AG (Germany), Splunk (US), Talend (US), Dell Technologies (US), HP Enterprise (US), Teradata Corporation (US), TIBCO Software (US), Precisely (US), Idera (US), Nexla (US), Stardog (US), Gluent (US), Starburst Data (US), HEXstream (US), QOMPLX (US), CluedIn (Denmark), Iguazio (Israel), and Cinchy (Canada).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Global Sales Enablement Platform Market Will expected to grow $2.6 billion by 2024

 

According to new market research report on "Sales Enablement Platform Market by Component (Platform And Services), Organization Size, Deployment Type, Industry Vertical (BFSI, IT & Telecom, Consumer Goods & Retail, Healthcare & Life Sciences, Manufacturing), and Region - Global Forecast to 2024" The global sales enablement platform market size is expected to grow from USD 1.1 billion in 2019 to USD 2.6 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 19.8% during the forecast period.

The growing demand to improve internal sales process, scaling sales effort with the help of advanced technology, and increasing sales deal closure rates are some of the major factors driving the growth of the sales enablement platform market.

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BFSI vertical to hold the largest market size in the global sales enablement platform market during the forecast period

The Banking, Financial Services, and Insurance (BFSI) vertical is undergoing massive disruption, driven by regulatory changes and competitive pressures. With the advent of mobile technology, customers’ preferences and behavior are changing. Today, digital banking applications have grabbed a large share of customer transactions. Enterprises are emphasizing on adopting the sales enablement platform to boost the performance of their sales and marketing representatives which leads to better customer satisfaction and engagement.

The services segment to grow at the highest CAGR during the forecast period

Sales enablement platform services have a wide scope of usage, ranging from assistance to client for deployment of platform, strategy and implementation, to cater to business-specific needs of organizations. Sales enablement services help businesses bridge legacy systems to modern applications, and take care of training and implementation work so that client can focus on their core business. This has created opportunities for vendors to provide services to enterprises across different industry verticals and help them deal with complexities while configuring the sales enablement platform.

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North America to have the largest market size during the forecast period

North America is estimated to account for the highest share of the market in 2019. The region comprises developed countries, such as the US and Canada, and is considered the most advanced region in terms of adopting digital technologies. The North American region exhibits a wide presence of key industry players offering sales enablement platform and services and its financial position enables it to invest majorly in leading tools and technologies for effective business operations.

Some of the major vendors in the Sales Enablement Platform Market are SAP (Germany), Bigtincan (US), Upland Software (US), Highspot (US), Seismic (US), Showpad (Belgium), Brainshark (US), ClearSlide (US), ClientPoint (US), Accent Technologies (US), Quark Software (US), Bloomfire (US), Qorus Software (US), Pitcher (Switzerland), Mediafly (US), Rallyware (US), MindTickle (US) and Qstream (US).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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5G Services Market Size, Share and Global Market Forecast to 2026 : MarketsandMarkets

 According to new market research report on "5G Services Market  by End User (Consumers and Enterprises), Enterprise (Manufacturing, Media and Entertainment, Transportation and Logistics, Government), Application, Communication Type (eMBB, MMTC, URLLC, and FWA), and Region - Global Forecast to 2026",  published by MarketsandMarkets™, the 5G Services Market size is expected to grow from USD 53.0 billion in 2020 to USD 249.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 29.4% during the forecast period.

 

The transformation to the 5G ecosystem is expected to witness 3–4 times faster growth rate than other connectivity transformations. This is primarily due to the rapid innovation in virtualization in the networking domain, coupled with the growing numbers of applications, which require a latent-free connection. The above factors have resulted to expect rapid adoption of 5G services, followed by a quick roll out of 5G services by other developing economies.

 

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Healthcare segment to grow at the highest CAGR during the forecast period

5G opportunities in healthcare rely on a combination of massive IoT and enhanced broadband to support telemedicine. 5G will help improve diagnoses requiring multiple connections at a remote site (patient dialysis at home or remote control of medical equipment). Telemedicine and connected equipment inside hospitals will be possible using 5G. For instance, massive IoT strides had already been taking place ahead of events in 2020. Consider Saratoga Hospital in Saratoga Springs, NY, US. The hospital found itself bogged down with administrative tasks, such as taking patients vital signs every few hours and manually logging the results. 5G services were dopted by the hospital to improve the service and healthcare during the pandemic.

uRLLC segment  is expected to grow at the highest CAGR during the forecast period

Ultra-reliable low-latency communication (URLLC) use cases such as autonomous systems and mission-critical control are going to gain traction, which increase the speed and quality of services in critical functions. The automotive industry has been an early adopter of various connectivity technologies. There has been a major impetus by car manufacturers to develop connection-ready cars, taking small steps forward within a long-term vision of autonomous vehicle control using URLLC. Service providers may decide to provide focused offerings end-to-end as the principle B2B services provider. So for example they may supply services, including high-definition cameras to a car manufacturer that requires 5G and URLLC on a production line.

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Asia Pacific (APAC) region to record the highest growing region in the 5G Services Market

APAC has several growing economies, such as  China,  South Korea, Australia and Japan, which are expected to register high growth in the 5G Services Market. These countries have always supported and promoted industrial and technological growth. In addition, they possess a developed technological infrastructure, which is promoting the adoption of 5G services solutions across all industry verticals. The network market in APAC is driven by the growing acceptance of cloud-based solutions, emerging technologies such as the IoT, and big data analytics and mobility. APAC is one of the biggest markets for connected devices

Key and innovative vendors in 5G Services Market  are AT&T (US), China Mobile (China), SK Telecom (South Korea), Verizon (US), BT Group (UK), Deutsche Telekom (Germany), T-Mobile (US), China Telecom (China), Orange S.A (France), Vodafone (UK), China Unicom (China), Telstra (Australia), Telefonica (Spain), KT (South Korea), Rogers (Canada), Bell Canada(Canada), Etisalat( UAE), STC (KSA), LG U+( South Korea), NTT Docomo (Japan), KDDI (Japan), Telus (Canada), Swisscom (Switzerland), DISH (US), Reliance Jio(India), Rakuten (Japan), MTN ( South Africa), Airtel (India),and  Telenor Group (Norway).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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