Data Backup and Recovery Market To Reach USD 22.22 Billion By 2030
The increasing risks of security breaches, coupled with the rising trend of digitalization, is propelling the growth of the market. Market Size – USD 9.69 Billion in 2021, Market Growth - CAGR of 9.8%, Market Trends – The growing popularity of smartphones and the internet. The Global Data Backup and Recovery Software market is forecast to reach USD 22.22 Billion by 2030, according to a new report by Reports and Data. The increasing risks of security breaches, coupled with the rising trend towards digitalization, will drive the growth of the market. Moreover, extensive adoption of smartphones and the internet will also have a positive impact on the growth of the market. With the evolution of technologies and digitalization, the need for appropriate Global Data Backup and Recovery Software has been increasing. The increasing amount of data generated today has led to increased risks of security breaches. The banking sector is more prone to these breaches since the database of the i