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Disk Imaging Software Market Size, Share, and Industry Analysis, By Type (Cloud-based and On-premise), By Enterprise Type (Small and Medium Enterprises and Large Enterprises), By End-User (BFSI, Healthcare, IT & Telecommunications, Retail, and Others (Aerospace and Defense)), and Regional Forecast till 2032

Region : Global | Report ID: FBI111210 | Status : Ongoing

 

KEY MARKET INSIGHTS

The global disk imaging software market is expanding rapidly, attributed to an increase in demand for effective data management solutions across a wide range of sectors. It includes software programs that make identical digital duplicates or "images" of storage devices or systems, with the primary usage being data backup, recovery, and system deployment. These technologies provide enterprises with a crucial tool for protecting critical data and ensuring operational continuity.

Disk imaging software allows enterprises to generate accurate system backups, providing reliable protection against data loss, system breakdowns, and cybersecurity threats. As data storage and processing grow more important, sectors, such as BFSI, healthcare, IT, telecommunications, and retail are quickly implementing these solutions to maintain business continuity.

Impact of Generative AI on the Global Disk Imaging Software Market

With generative AI technology, the disk imaging software market is being revolutionized since it addresses the issues arising from the backup and recovery of data 1system deployment. Previous versions of disk imaging had many shortcomings, due to which the processes were used to be time-consuming and needed a lot of intervention. However, with AI tools making their way into several offices, these processes are becoming more efficient, accurate, and predictable.

  • In April 2024, Paragon Software implemented generative AI elements into the disk imaging suite, which makes real-time analysis of the system and predictive diagnostics. It also can predict disk failures using statistical models and trends, thereby backing up to avoid a failure.

Furthermore, generative AI is increasing the speed of data compression and deduplication. The usage of data also helps AI-driven disk imaging solutions compress the data more properly and thus reduce the amount of storage needed for backup. This has a number of benefits, including a reduction in storage costs and quicker backup times.

Disk Imaging Software Market Driver

Rising Threat of Cyberattacks Intensifies Demand for Robust Data Protection Solutions

With cyber threats on the rise and constantly evolving, companies are forced to enhance their protective measures. As a result, disk imaging software has become popular as it offers safe backup files that can be easily retrieved in case of a breach or failure. According to a report by Cybercrime Magazine, the loss of revenue due to cyber crises on the global level has been anticipated to be higher than USD 10. 5 trillion annually by 2025, is putting a lot of pressure on organizations to find better ways of advancing data recovery to cut on the costs that are associated with such a loss.

With the rising rate of cyber-attacks and with a focus on ransomware, the BFSI and healthcare sectors have found the need to improve their backup and recovery solutions.

Disk Imaging Software Market Restraint

High Implementation Costs and Complexity Limit Adoption Among SMEs

While disk imaging software offers critical data protection benefits, the high upfront costs and complexity of advanced systems are hindering adoption among small and medium-sized enterprises (SMEs). These solutions often require significant investment in both hardware and skilled IT personnel, making them less accessible to smaller businesses.

  • In July 2024, a survey by Paragon Software found that over 40% of SMEs cited cost as a primary barrier, while many also struggled with the technical expertise required for implementation and management.

The need for more affordable, streamlined solutions is rising as SMEs seek to adopt data protection measures without the burden of excessive costs or technical challenges.

Disk Imaging Software Market Opportunity

Shift to Cloud-Based Infrastructure Generates Demand for Scalable Backup Solutions

The shift in data storage into cloud infrastructures is increasingly becoming popular, and this is resulting in high chances for disk imaging software. As modern businesses are gradually adopting hybrid and cloud infrastructures, there is an increasing interest in a versatile backup strategy. Disk imaging software run on the cloud provides data posterior, especially during a disaster, by making data accessible at offsite locations. These solutions are taken to the next level by the AI features that are built-in to automate backups and optimize storage so as to make it cheaper and more efficient.

  • In September 2024, Acronis pledged USD 200 million to enhance cloud-native disk imaging services in response to rising requirements for AI automation in data protection.

Growth in the usage of cloud computing solutions, coupled with the incorporation of AI technologies in the backup systems, stresses the demand of organizations for efficient and cost-effective disk imaging solutions, particularly in organizations with complicated IT infrastructure.

Segmentation

By Type

By Enterprise Type

By End-User

By Region

  • Cloud-based
  • On-premise
  • Small and Medium Enterprises
  • Large Enterprises
  • BFSI
  • Healthcare
  • IT & Telecommunications
  • Retails
  • Others (Aerospace and Defense)
  • North America (U.S., Canada, and Mexico)
  • South America (Brazil, Argentina, and Rest of South America)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, Benelux, Nordics, and Rest of Europe)
  • Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, and Rest of Middle East & Africa)
  • Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, and Rest of Asia Pacific)

 

Key Insights

The report covers the following key insights:

  • Micro Macro Economic Indicators
  • Drivers, Restraints, Trends, and Opportunities
  • Business Strategies Adopted by the Key Players
  • Impact of Generative AI on the Global Disk Imaging Software Market
  • Consolidated SWOT Analysis of Key Players

Analysis by Type

By type, the market is segmented into cloud-based and on-premise.

Disk imaging solutions delivered through the cloud are showing good growth as more companies turn to digitalization and the use of information technologies, as well as mixed and distant work schemes. Cloud-based systems have relatively flexible structures, can be scaled up or down easily, and require less investment in infrastructures compared to traditional systems; therefore, they can benefit SMEs and Industries with distributed work environments greatly. The trends that have proved to be valuable driving forces in the market include access to backup from any place and cloud-based solutions that do not depend on physical structures.

At the same time, on-premise solutions remain popular among businesses, primarily in the BFSI and healthcare segments. These industries require strong regulations for data control and compliance, and these make on-premise solutions preferable, though they are costly in terms of operational costs. This is due to firms in these sectors demanding control over data management; hence, the preference for an on-premise solution reduces security and compliance risk.

  • As per the forecast made by industry experts in June 2024, more than 60% of large healthcare organizations are still using on-premise disk imaging solutions based on issues that include data sovereignty and regulatory compliance.

Analysis by Enterprise Type

By enterprise type, the market is segmented into small and medium enterprises and large enterprises.

Big businesses, especially those that belong to the BFSI & IT & telecommunications industries, lean toward the cloud hybrid as a mixture of cloud and on-premise features. These organizations work with vast volumes of highly confidential information and have more demanding and complex requirements for more versatile solutions that should fit into their sophisticated infrastructure. Cloud hybrid solutions offer full-scale cloud options with proper backups of safety in an on-site server.

  • In 2024, HSBC adopted a combination disk imaging system. It increased the recovery time by 30%, improved data protection, and met the world's current legislation.

Analysis by End-User

By end-user, the market is segmented into BFSI, healthcare, IT & telecommunications, retail, and others (aerospace and defense).

The banking, financial services, and Insurance (BFSI) sector continues to be the leading industry in purchasing disk imaging software. This dominance results from the protection of financial data from unauthorized personnel and the obligations of GDPR and SOX. Some of the most common cyber threats are ransomware. They are often directed toward the financial institutions due to the data they hold; therefore, it’s critical to have proper backup and recovery solutions that relieve the institutions of that duty. Disk imaging will enable the financial institution to respond to breaches or system failure and other legal requirements without loss of compliance and operations.

  • In June 2024, According to Symantec Corporations, disk imaging software usage soared to a 45% level due to increasing cyber threats to the BFSI systems around the globe.

On the other hand, the IT & telecommunications sector is experiencing faster growth in the use of disk imaging solutions. This expansion is sponsored by the sector's need to embrace technology and scalable and flexible cloud solutions that are easy to scale and recover in case of a disaster. Since such industries work with huge volumes of data and have very low tolerances for downtime, cloud disk imaging solutions are turning out to be rather imperative to operational and data protection needs.

Regional Analysis

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North America continues to be the largest market for disk imaging software in the world. This dominance is a result of the large numbers of technology companies such as Symantec and Acronis in this region, coupled with the continuous embrace of advanced technologies such as artificial intelligence for data protection. Due to high regulatory compliance needs and handling of numerous sensitive data, the BFSI and healthcare corporations invest significantly in disk imaging solutions for data protection.

The Asia Pacific region is projected to be the quickest-growing region in the disk imaging software market. The expansion of the region is attributed to a rapidly digitalized economy, increased investment in IT solutions, and adoption of cloud solutions. Currently, countries such as China, India, and Japan are more focused on this aspect as industries including e-commerce, banking, and health care require better data handling techniques due to large quantities of data.

  • In July 2024, Veeam expanded its operations in China and India, aiming to capture a larger share of the market, projecting revenues of USD 400 million by 2027, underscoring the region's growth potential.

Key Players Covered

The global market is fragmented, with the presence of a large number of groups and providers.

The report includes the profiles of the following key players:

  • Acronis International GmbH (Switzerland)
  • Symantec Corporation (U.S.)
  • Veeam Software (Switzerland)
  • Paragon Software Group (Germany)
  • DriveSavers (U.S.)
  • EaseUS (China)
  • Macrium Software (U.K.)
  • R-Tools Technology Inc. (U.S.)
  • MiniTool Solution Ltd. (Canada)
  • StorageCraft Technology Corporation (U.S.)

Key Industry Developments

  • August 2024: EaseUS launched Todo Backup, featuring a redesigned user interface and extended compatibility with various operating systems. The new version aims to streamline the backup and recovery process, making it more accessible and user-friendly.
  • June 2024: Paragon Software Group released Backup & Recovery 2024, which offers improved support for hybrid cloud environments and new disk cloning functionalities. These updates are designed to facilitate smoother transitions between systems and enhance backup and recovery processes across mixed IT environments.


  • Ongoing
  • 2024
  • 2019-2023
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