Global Market Study on Business Continuity Management Planning Solution: Managing the Future of Evolving Business Environments


Business Continuity Management Planning Solution  Market
  • Published On : Aug-2019 |
  • Pages : 344 Pages |
  • Format :

Persistence Market Research (PMR) recently published a new research analysis on business continuity management planning solution market for the assessment period 2019-2029. The research study on the business continuity management planning solution market offers a close look at the evolving aspects of the business continuity management planning solution market as well as the dynamics impacting the market growth.

The research study focuses on the key developments that have made their mark in the business continuity management planning solution market and other developments that are on the cards. The report talks about various macro- and micro-economic factors responsible for having an in-depth impact on the growth of the business continuity management planning solution market.

The report on the business continuity management planning solution market extensively focuses on the key trends shaping growth. In addition, this opportunity analysis on the business continuity management planning solution market underlines untapped corners for aspiring players to make a note of. In addition, this research study on the business continuity management planning solution market also offers a panoramic view of the incremental opportunity, which can further help readers and aspiring players to make well-informed decisions.

Several stakeholders in the business continuity management planning solution market can rely on the data offered in this research study and delve into pragmatic decision-making. Moreover, information offered in the business continuity management planning solution market report also helps new market entrants expand their bases in the business continuity management planning solution market.

The report elaborates the historical and current trends molding the growth of the business continuity management planning solution market. The performance journey of the business continuity management planning solution market has been drawn and analyzed in way that the lucrative side of the market is evident to readers. The competitive landscape presented in the business continuity management planning solution market report gives a detailed outlook of profiles of key companies operating in the market, along with their differential strategies and key focus areas.

Business Continuity Management Planning Solution Market: Taxonomy

PMR’s research study on the global business continuity management planning solution market offers a detailed market taxonomy, wherein the key segments have been discussed in detail. The segmentation of the business continuity management planning solution market has been offered on the basis of component, application and industry. Every segment has been analyzed in detail and data pertaining to the growth of each segment has been included in the study.

Component

Application

Industry

Software/Platform

Business Continuity and Disaster Recovery

BFSI

Services

Data Centre and Data Centre Networking

Healthcare

Professional Service

Governance Risk and Compliance (GRC)

Retail

Consulting Service

Risk Management

Telecom & IT

Implementation and Integration Service

Media & Entertainment

Training Service

Travel & Hospitality

Managed Service

Transportation & Logistics

Energy & Utility

Others

Business Continuity Management Planning Solution Market: Research Methodology

A unique and promising research methodology forms the base of the business continuity management planning solution market during the forecast period. The report has been prepared after a comprehensive analysis of the market happenings and then riveting insights have been compiled meticulously. The research methodology of the business continuity management planning solution market has been a two-step process that comprises of primary and secondary research. Key stakeholders, which include business continuity management planning solution manufacturers, suppliers, and distributors, have been interviewed and experts of several designations, including executive vice presidents, directors, service engineers, technical advisors, GM marketing professionals, and sales professionals.

Secondary sources referred to garner the report findings include investor presentations of manufacturers, World Bank, and many other credible sources.

Business continuity management planning solution is an established component of risk management in many enterprises, and a common practice within business continuity management is to conduct business impact analysis periodically or every time a significant change occurs within the enterprise. Many changes are anticipated and planned while other changes, such as fundamental shifts in processes, business practices or supporting technologies (e.g., new market demands, new legislation or regulation, using social networks and mobile devices for business purposes) may not be anticipated or planned in the business continuity management planning solution.

All of these changes require the different parties involved in business continuity management planning solution to assess the scope and nature of issues that may arise, and work with business owners to identify necessary changes to existing continuity and recovery plans to reflect the new environment. It is important to note that some changes, especially in technology, can represent opportunities to improve business continuity management planning solution automation and recovery times and optimize the costs associated with continuity activities.

The global business continuity management planning solution market is being continuously studied with a deep understanding of the macro and forecast factors to provide a detailed analysis to clients. Data recovery and risk management solutions drive the global demand for business continuity management planning solutions over the coming period.

The global business continuity management planning solution market is expected to grow at a CAGR of ~ 13%, and is estimated to reach a value of ~ US$ 1.6 Bn by the end of the forecast period. Moreover, in the global study of business continuity management planning solutions, PMR has considered only the new sales of business continuity management planning solution across the historical and forecast period.

Improved Resilience among Vital Factors Driving the Global Market

Cloud computing and virtualization of servers help to reduce planned disruption by enabling applications to be moved to temporary environments during firmware upgrades, critical patching, system maintenance, and disaster recovery testing. Due to the capacity to take settings snapshots of mission-critical virtual machines and restore them using comparable hardware equipment within the same data center or across geographic fields, unplanned outages can also be minimized. Some of the cloud computing services having the greatest impact on business continuity management planning solution are Disaster Recovery or Replication as a Service (DRaaS), Backup as a Service (BaaS), Storage as a Service (STaaS), and Software as a Service (SaaS). The main advantage of these services in the business continuity management planning solution market is that they can help enterprises improve resiliency while maintaining the initial investment cost and keeping down the operating cost.

business continuity management planning solution market

Software/Platform Segment Projected to Witness Significant Growth

The software/platform segment is anticipated to gain noteworthy traction in the global business continuity management planning solution market owing to the significant growth to ensure compliance with industry regulations across the world. Moreover, the rapidly changing business environment and emerging data recovery and risk management solutions are also vital drivers for the global business continuity management planning solution market over the coming decades. However, the services segment is projected to grow with a CAGR of 14.0% owing to the rising focus on the implementation and integration service of the business continuity management planning solution. As there is misunderstanding of the data recovery by business continuity management planning solution practitioners in business continuity management planning solution, leading providers are focusing on consulting & training services for business continuity management planning solution.

Risk Management Segment to Gain Significant Traction

In the global business continuity management planning solution market, the risk management segment is expected to grow with a healthy growth rate over the forecast period due to noteworthy demand for business continuity management planning solutions. However, the business continuity and disaster recovery segment is also expected to grow with a CAGR of ~ 13% owing to the increasing adoption of data recovery and risk management solutions. Moreover, the governance risk and compliance (GRC) segment is estimated to grow with a relatively low share throughout the forecast period.

Europe and East Asia Display Significant Growth Potential

In the global business continuity management planning solution market, East Asia and Europe regions are estimated to witness a healthy growth rate over the forecast period due to rapid pace of business and technology changes across the world in the coming years. Moreover, East Asia is followed by Europe in the global business continuity management planning solution market owing to the significant growth in the adoption of data recovery and risk management solutions, coupled with industry regulations, which is, in turn, projected to boost the demand as well as sales of business continuity management planning solutions in these regions in the coming decades.

Business Continuity Management Planning Solution Market Structure

The global business continuity management planning solution market is consolidated due to the presence of limited companies in the market. Moreover, Tier 1 players are generating ~ US$ 200 Mn through the sales of business continuity management planning solutions across the globe. According to a global in-depth study, Dell EMC, and Continuity Logic are projected to account for a prominent share in the global business continuity management planning solution market.

Key Questions Answered in the Business Continuity Management Planning Solution Market Report

  • How is the business continuity management planning solution market expected to grow over the projected period?
  • What direction is the business continuity management planning solution market expected to take in terms of value during the forecast period?
  • What is the expected impact of macroeconomic factors on the business continuity management planning solution market in the future?
  • What are the key factors driving the business continuity management planning solution market?
  • What are the significant opportunities and improvement areas for the business continuity management planning solution providers of business continuity management planning solution?
  • What are the key developments and trends taking place in the business continuity management planning solution market?
  • Which emerging countries are expected to create significant growth opportunities in the business continuity management planning solution market?

Company Profiles:

  • Arcserve   
  • Dell EMC
  • Continuity Logic
  • CloudAlly
  • Fusion Risk Management, Inc.
  • Lockpath, Inc.
  • Quantivate, LLC
  • Rackspace US, Inc.
  • StorageCraft Technology Corporation
  • VMware
  • MetricStream Inc.
  • RecoveryPlanner.com
  • Strategic BCP, Inc.
  • Sungard Availability Services
  • Synology Inc.

 

Back To Top