Data Protection Industry - Regional Synopsis
North American Market Forecast
The data protection market in North America is expected to dominate the global landscape with the largest share of 35% over the analyzed timeline. Governments and businesses based both in the U.S. and Canada are consistently offering funds and significant resources in cloud infrastructure. According to the Information Technology & Innovation Foundation, the values of capitalization of cloud companies operating in the U.S. market surpassed USD 1.0 trillion in 2020. Thus, the increasing frequency and severity of cyberattacks targeting such private and public entities with large-scale data are driving the trend of prioritizing security systems. Moreover, the increased adoption of cloud computing in healthcare is further anticipated to elevate the proprietorship of this region over the market.
The U.S. is home to major cloud infrastructure pioneers, such as Google, IBM, and Microsoft, which fosters a large consumer base for global leaders in the market. The amount of data generated across the country is introducing new limitations in securing privacy and preventing breaches. This creates a surge in reliable security tools for data-driven organizations, propelling adoption in this sector and attracting more tech-based companies to participate. For instance, in April 2024, Seclore launched a new professional services solution to serve customers and partners with enhanced flexibility and data-centric security.
APAC Market Forecast
The Asia Pacific data protection market is expected to grow substantially throughout the assessed timeline. The data center industry in this region is expanding rapidly through multiple acquisitions and the development of new operating sites, which is contributing to the sector's expansion. Furthermore, growing economies, such as Japan, China, and India, are attracting investment and booming business activities. This is further heightening the demand for data protection solutions, attracting global pioneers, and establishing a secure, sensitive trading environment. On this note, in January 2025, Synology, a Taiwanese corporation specializing in network-attached storage (NAS) appliances, launched a new line of data protection appliances, ActiveProtect, offering unmatched scalable security.
India is emerging as a hub of data centers and cloud computing, which is securing its leadership across the regional market. In this regard, IBEF reported that the data center industry in this country was valued at USD 4.5 billion and is anticipated to attain USD 11.6 billion by 2032 while exhibiting a notable CAGR of 10.9%. In addition, the digital economy of India is expected to stand at USD 1.0 trillion by 2025 (IBEF). These figures highlight the significance of this landscape in generating revenue in this sector. Moreover, the inclination of consumer preference toward AI integration in various crucial business categories, such as healthcare and R&D, is stimulating progress in this field.
