Global Data Recovery Software Market Size, Share, and Trends Analysis Report, By Type (PC, Laptop, and Server), By Application (Personal and Enterprise), Forecast (2022-2028)

The global data recovery software market is anticipated to grow at a significant CAGR of 9.8% during the forecast period (2022-2028). Data recovery software is a program that allows users to recover files from their computer that have been lost or destroyed. It can also assist users in recovering data from hard disks that have been damaged or formatted. Growing knowledge about the benefits of data recovery, a rise in the frequency of cyber-attacks, and an increase in data volume are all factors driving the data recovery software market. Advancements in technology and the expanding trend of cloud computing are also propelling the growth of the market.

Furthermore, if internal employees destroy files by accident, fall prey to phishing assaults, and make other mistakes that could result in data loss. It is also possible that a malicious user from within or outside the company obtains important files and corrupts their contents. In such case the data recovery software is one of the most effective safeguards against human file management errors.

The increased adoption of cloud-based services and technology is a major factor driving the data recovery software market. Many businesses are migrating to the cloud in order to cut costs and provide real-time access to their staff.  According to the blog by Techjury, 61% of businesses migrated their workloads to the cloud in 2020 and 70% of companies using the cloud plans to increase their budgets in the future. Cloud services help businesses perform better due to supportive features, including flexible deployment, security and storage management, cheap total cost of ownership, utility-based sharing models, and high-level computing.

Many industries, including healthcare and retail, are implementing data protection and security solutions to secure their digital assets from cyber-crime. The demand for solutions that will provide data resiliency, operational efficiency, and timely information relating to installed data centre equipment is driving the market for data recovery software to rise steadily.When a computer fails or becomes infected with malware which is another common cause for deploying data recovery software in a personal setting.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Piriform Software Ltd., WiseCleaner.com, PC Inspector File Recovery, and EaseUS, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Data Recovery Software Market Report by Segment

By Type

• PC
• Laptop
• Server

By Application

• Personal
• Enterprise