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    Data Recovery Software Market

    ID: MRFR/ICT/4284-HCR
    100 Pages
    Aarti Dhapte
    September 2025

    Data Recovery Software Market Research Report – By Component (Software, Service), Deployment (On-Premise, On-Cloud), Application (Commercial, Personal), Platform (Windows, Linux, Mac), Industry (Bfsi, Healthcare) – Forecast Till 2032

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    Data Recovery Software Market Infographic
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    Data Recovery Software Market Summary

    As per Market Research Future Analysis, the Data Recovery Software Market is projected to grow from USD 3.82 billion in 2024 to USD 8.03 billion by 2032, with a CAGR of 9.73% during the forecast period. The market was valued at USD 3.44 billion in 2023, driven by the increasing reliance on cloud storage and the exponential rise in data volume due to digital transformation across various sectors. The software segment leads the market, while on-cloud deployment and personal applications generate the most revenue. North America dominates the market, followed by Europe and Asia-Pacific, with significant growth expected in the latter region.

    Key Market Trends & Highlights

    Key trends driving the Data Recovery Software Market include increased cloud adoption and technological advancements.

    • Market size in 2023: USD 3.44 billion.
    • Projected market size by 2032: USD 8.03 billion.
    • CAGR from 2024 to 2032: 9.73%.
    • On-cloud deployment generated the most revenue in 2021.

    Market Size & Forecast

    2023 Market Size USD 3.44 Billion
    2024 Market Size USD 3.82 Billion
    2032 Market Size USD 8.03 Billion
    CAGR (2024-2032) 9.73%

    Major Players

    Key players include Dell Inc., NetApp Inc., CA Technologies, Hewlett Packard Enterprise, Microsoft Corporation, Acronis International GmbH, Veritas Technologies LLC, Commvault, Oracle Corporation, and IBM Corporation.

    Data Recovery Software Market Trends

    Increased adoption of cloud-backup is driving the market growth

    It is anticipated that the industry would expand as more people start using cloud data backup. Cloud backup is preserving a copy of a physical or virtual file, database, or other data at a secondary, remote location in case of equipment failure or other emergencies. Because of cloud-based data backup, information may be kept on the cloud and accessible at any time from anywhere. In turn, this makes the data safer and simpler to retrieve.

    For instance, the US-based management consulting firm Gartner forecast in November 2020 that following the COVID-19 crisis, there would be a surge in IT investment towards the cloud, which was forecast to account for 14.2% of all worldwide business IT expenditure in 2024 as opposed to 9.1% in 2020. As a result, the market for data recovery software is expanding due to a rise in the usage of cloud data backup.

    Furthermore, the market CAGR for data recovery software is growing primarily due to the exponential rise in data volume. An exponential rise in data volumes has been caused by the expanding adoption of linked technology and digital transformation activities across a variety of industry sectors. Enterprise apps, mobile devices, Internet of Things (IoT) devices, and radio frequency identification (RFID) devices are just a few examples of the various touch points from which data is generated. A substantial amount of data is produced by individual users in the form of online media and web content in addition to connected devices.

    For instance, every minute on YouTube, hundreds of hours of video footage are uploaded.

    For instance, Backblaze, Inc., a cloud storage and data backup firm with headquarters in the US, teamed up with Veritas Technologies LLC in June 2022 to offer multi-cloud data recovery software. Customers can utilize their combined solution's affordable, straightforward, and S3-compatible object storage by using Backup Exec to synchronize their data backup and recovery processes. Businesses can protect virtually any data on any storage medium, including servers, tape, and the cloud, due to Veritas' Backup Exec service. Data management business Veritas Technologies LLC is situated in the US. Thus, driving the data recovery software market revenue.

    The increasing reliance on digital data storage across various sectors suggests a burgeoning demand for data recovery solutions, as organizations seek to mitigate the risks associated with data loss.

    U.S. Department of Commerce

    Data Recovery Software Market Drivers

    Market Growth Projections

    The Global Data Recovery Software Market Industry is poised for substantial growth, with projections indicating a market size of 10.6 USD Billion by 2035. This growth trajectory is supported by a compound annual growth rate (CAGR) of 9.73% from 2025 to 2035. The increasing reliance on digital data across various sectors, coupled with the rising awareness of data recovery solutions, suggests a robust demand for these services. As organizations continue to prioritize data protection and recovery, the market is likely to expand significantly, reflecting the evolving landscape of data management.

    Rising Cybersecurity Threats

    The Global Data Recovery Software Market Industry is significantly influenced by the escalating threats posed by cyberattacks. With ransomware and malware attacks becoming more sophisticated, organizations are compelled to invest in data recovery solutions to mitigate potential losses. Reports indicate that cybercrime is projected to cost businesses over 10.6 USD Billion by 2035, highlighting the urgent need for effective recovery strategies. As companies prioritize cybersecurity measures, the demand for data recovery software that can swiftly restore compromised data is likely to surge, driving market growth.

    Increasing Data Loss Incidents

    The Global Data Recovery Software Market Industry is experiencing growth due to the rising frequency of data loss incidents across various sectors. Factors such as hardware failures, accidental deletions, and cyberattacks contribute to this trend. For instance, organizations report that nearly 60 percent of data loss incidents stem from human error. This alarming statistic underscores the necessity for robust data recovery solutions. As businesses increasingly recognize the importance of data integrity, the demand for data recovery software is projected to rise significantly, contributing to the market's expansion.

    Growing Adoption of Cloud Services

    The Global Data Recovery Software Market Industry is benefiting from the widespread adoption of cloud services. As organizations migrate their data to cloud platforms, the need for effective recovery solutions becomes paramount. Cloud-based data recovery software offers flexibility and scalability, allowing businesses to recover lost data efficiently. According to industry estimates, the global cloud services market is expected to reach 3.82 USD Billion in 2024, which correlates with the increasing reliance on cloud storage. This trend indicates a growing market for data recovery solutions that cater specifically to cloud environments.

    Regulatory Compliance Requirements

    The Global Data Recovery Software Market Industry is also shaped by stringent regulatory compliance requirements across various industries. Organizations are mandated to implement data protection measures to safeguard sensitive information. For example, regulations such as GDPR and HIPAA necessitate that businesses have robust data recovery plans in place. Failure to comply with these regulations can result in hefty fines and reputational damage. Consequently, the demand for data recovery software that ensures compliance with these regulations is expected to rise, further propelling market growth.

    Technological Advancements in Data Recovery Solutions

    The Global Data Recovery Software Market Industry is witnessing rapid advancements in technology, enhancing the effectiveness of data recovery solutions. Innovations such as artificial intelligence and machine learning are being integrated into recovery software, improving data retrieval processes. These technologies enable faster and more accurate recovery, appealing to businesses that require immediate access to lost data. As the market evolves, the integration of advanced technologies is likely to attract more users, contributing to the projected CAGR of 9.73% from 2025 to 2035.

    Market Segment Insights

    Data Recovery Software Component Insights

    The global data recovery software market segmentation, based on component includes Software and Service. The software segment dominated the market. The growing need for data analytics maintenance is driving the market for data recovery software. The massive volume of data produced by the IT solution infrastructures and software is a key driver fueling the market's expansion.

    Data Recovery Software Deployment Insights

    The global data recovery software market segmentation, based on deployment, includes On-Premise and On-Cloud. The on-cloud category generated the most income. Over the past ten years, cloud deployment has significantly risen. About 44% of survey participants stated that their organization's reliance on cloud services for data protection and the use of cloud-based encryption is gaining ground in 2021.

    Data Recovery Software Application Insights

    The global data recovery software market segmentation, based on application, includes Commercial and Personal. The personal category generated the most income. Data recovery software may be required in a personal setting for a variety of reasons. One of the most frequent causes is when a person unintentionally deletes a file that they require. If it happens unexpectedly and there is no backup of the destroyed file, this can be frustrating. Software for data recovery can assist in restoring the file and getting you back online as soon as possible.

    Data Recovery Software Platform Insights

    The global data recovery software market segmentation, based on platform, includes Windows, Linux and Mac. The windows category generated the most income. A keyboard, touchpad, and display are standard on Windows-based computers. Though it was initially intended for mobile use, its smaller size and less weight have made it appealing as a desktop substitute. Laptops often have connections for connecting peripherals like printers and scanners and can be powered by batteries or AC adapters. Some additionally have connectors for docking larger monitors and other gadgets.

    Data Recovery Software Industry Insights

    The global data recovery software market segmentation, based on industry, includes BFSI and Healthcare. The BFSI category generated the most income. When a data crisis occurs, keeping consistent procedures both during and after the event is essential for a bank's success. Each minute their network is down costs these businesses money as well as the trust and confidence of their clients. Due to the expensive damage brought on by invasions, lost data, and consumer walkouts, many affected firms will ultimately have to close their doors forever.

    Banks need to create a BCP (Business Continuity Plan) that outlines the procedures the organisation must take in the event of an environmental, digital, or low-profile catastrophe in order to prevent this.

    Figure 2: Data Recovery Software Market, by Industry, 2022 & 2032 (USD Billion)

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Get more detailed insights about Data Recovery Software Market Research Report - Forecast to 2032

    Regional Insights

    By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American data recovery software market area will dominate this market due to the region's large number of critical actors, high volume of data loss, failed database systems, and operational delays. Additional factors driving the demand for data recovery software in North America include strict data protection laws, the adoption of hybrid IT strategies by businesses, and the exponential growth in enterprise data brought on by the IoT's quick adoption across a variety of industry verticals.

    Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

    Figure 3:DATA RECOVERY SOFTWARE MARKET SHARE BY REGION 2022 (USD Billion)

    Data Recovery Software Market

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Europe data recovery software market accounts for the second-largest market share due to an increase in cyberattacks, increased data volume, and growing awareness of the advantages of data recovery. Other factors that contribute to the market's expansion include technological developments and the expanding use of cloud computing. Further, the German data recovery software market held the largest market share, and the UK data recovery software market was the fastest growing market in the European region

    The Asia-Pacific Data recovery software Market is expected to grow at the fastest CAGR from 2023 to 2032 due to the increased awareness of data management among businesses in this region, particularly in the telecommunications and healthcare IT verticals. Additionally, the expansion might be linked to elements like increased interest in data recovery services, an increase in SMEs, and increased investment by major regional companies. Moreover, China’s data recovery software market held the largest market share, and the Indian data recovery software market was the fastest growing market in the Asia-Pacific region.

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development in order to expand their product lines, which will help the data recovery software market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, data recovery software industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global data recovery software industry to benefit clients and increase the market sector. In recent years, the data recovery software industry has offered some of the most significant advantages to market.

    Major players in the data recovery software market attempting to increase market demand by investing in research and development operations include Dell Inc. (U.S.), NetApp Inc.(U.S.), CA Technologies (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Microsoft Corporation (U.S.), Acronis International GmbH (Switzerland), Veritas Technologies LLC (U.S.), Commvault (U.S.), Oracle Corporation (U.S.) and IBM Corporation (U.S.).

    Acronis International GmbH is an information technology firm that offers solutions for data protection and catastrophe recovery. The business provides secure file-sharing solutions, system setup, and backup software for physical, virtual, and cloud servers. Its offerings also include backup advanced for vCloud, cyber protect, files cloud, cyber infrastructure, cyber appliance, cloud manager, notary cloud, cloud security, cloud storage, cloud migration, and cyber fit score.

    Storage devices and data management solutions are offered by NetApp Inc. The business provides services for archiving, managing, preserving, and keeping corporate data. Data ONTAP, data management, application integration, storage management, FAS family products, E-Series, data protection software products, and data retention solutions are all part of its product line. These goods offer investment protection and increased asset utilization, all of which contribute to increased enterprise productivity, performance, and profitability.

    Key Companies in the Data Recovery Software Market market include

    Industry Developments

    September 2021: Zerto was purchased by US-based information technology giant HPE for $374 million. With this acquisition, HE continues to transition its storage business into a cloud-native, software-defined data services business and puts the HE GreenLake edge-to-cloud platform with a tried-and-true solution in the rapidly expanding data protection market. Zero is a US-based firm that specialises in software for backup, data transfer, and disaster recovery between on-premises and cloud environments.

    June 2019: With the intention of becoming an expert in cloud computing, IBM Corporation first purchased REDHAT, a producer of Open Source software, for about USD 33 billion.

    Future Outlook

    Data Recovery Software Market Future Outlook

    The Data Recovery Software Market is projected to grow at a 9.73% CAGR from 2024 to 2035, driven by increasing data loss incidents and rising cloud adoption.

    New opportunities lie in:

    • Develop AI-driven recovery solutions to enhance efficiency and accuracy.
    • Expand into emerging markets with tailored recovery services for local businesses.
    • Leverage partnerships with cloud service providers to integrate recovery solutions.

    By 2035, the Data Recovery Software Market is expected to be robust, reflecting substantial growth and innovation.

    Market Segmentation

    Data Recovery Software Industry Outlook (USD Billion, 2018-2032)

    • BFSI
    • Healthcare

    Data Recovery Software Platform Outlook (USD Billion, 2018-2032)

    • Windows
    • Linux
    • Mac

    Data Recovery Software Regional Outlook (USD Billion, 2018-2032)

    • US
    • Canada

    Data Recovery Software Component Outlook (USD Billion, 2018-2032)

    • Software
    • Service

    Data Recovery Software Deployment Outlook (USD Billion, 2018-2032)

    • On-Premise
    • On-Cloud

    Data Recovery Software Application Outlook (USD Billion, 2018-2032)

    • Commercial
    • Personal

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 USD 3.44 Billion
    Market Size 2024 USD 3.82 Billion
    Market Size 2032 USD 8.03 Billion
    Compound Annual Growth Rate (CAGR) 9.73% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018- 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Component, Deployment, Application, Platform and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Dell Inc. (U.S.), NetApp Inc.(U.S.), CA Technologies (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Microsoft Corporation (U.S.), Acronis International GmbH (Switzerland), Veritas Technologies LLC (U.S.), Commvault (U.S.), Oracle Corporation (U.S.) and IBM Corporation (U.S.)
    Key Market Opportunities The most recent trends, including Virtual Data Replication, Zerto Virtual Replication, and Zerto Cloud Continuity Platform, are the key drivers of market expansion
    Key Market Dynamics Internet and smartphone usage are both driving the market's expansionThe growing trend towards digitalization and rising security breach concerns are accelerating the market's expansion

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    How much is the data recovery software market?

    The global data recovery software market size was valued at USD 3.44 Billion in 2023.

    What is the growth rate of the data recovery software market?

    The global market is projected to grow at a CAGR of 9.73% during the forecast period, 2024-2032.

    Which region held the largest market share in the data recovery software market?

    North America had the largest share in the global market.

    Who are the key players in the data recovery software market?

    The key players in the market are Dell Inc. (U.S.), NetApp Inc.(U.S.), CA Technologies (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Microsoft Corporation (U.S.), Acronis International GmbH (Switzerland), Veritas Technologies LLC (U.S.), Commvault (U.S.), Oracle Corporation (U.S.) and IBM Corporation (U.S.).

    Which component led the data recovery software market?

    The software category dominated the market in 2023.

    Which platform had the largest market share in the data recovery software market?

    The windows category had the largest share in the global market.

    Data Recovery Software Market Research Report - Forecast to 2032 Infographic
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