Global Data Compression Software Market Research Report- Forecast 2027

Data Compression Software Market, By Type (Lossless Compression, Lossy Compression), By Deployment (Cloud, On-Premise), By Service (Support and Maintenance Service), By Vertical (IT & Telecommunication, Media & Entertainment) - Forecast 2027

ID: MRFR/ICT/2833-HCR | February 2021 | Region: Global | 100 pages

Please note that assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill sample form for updated data.

Market Synopsis of Data Compression Software Market: Market Scenario: Facebook, one of the leading player in the data compression software market is sourcing a new compression algorithm called Zstandard that aims to replace the common technology behind the Zip file format. Wandera a prominent player in data compression software market is providing data compression solutions to minimize the data consumption by 10% by compressing data in real time. North America region account for highest market share in data compression software market owing to presence of major players in the region and adoption of data compression software solution by small and large enterprises. Countries such as US and Canada contributes large amount of revenue in the data compression software market in the region. AsiaPacific region is expected to be growing at the highest CAGR. Enterprises in the region are investing huge in data compression tools and more advanced solution to improve business efficiency and data storage techniques is boosting the market in the region. The key drivers of data compression software market includes growing data consumption across storage devices and that leads to data traffic which is one of the significant reason fuelling the data compression software market growth.  According to the study, by vertical segment BFSI sector is expected to account for highest market share in data compression software market. By organization size segment, large enterprises accounts for largest market share. The data compression software market is segmented on the basis of type, vertical, service, deployment and organization. Cloud solution accounts for highest market share as it helps enterprises by minimizing cost associated with the IT infrastructure. Cloud solution enable enterprise to focus on core business competencies. It provides enterprises with data protection and security, efficiently manage storage and privacy issues, offers data integrity and provides information related to governance and make enterprise legally prepared. By type it consists of lossless data compression and lossy data compression. Lossless data compression has many benefits such as the compress file can be recreated back to the original one, it possess excellent compression ratio and is very easy to use and is able to spilt archives into multiple volumes and repair the damage file, it can automatically detect the type of file need to be compressed and adjust the compression rate accordingly. The data compression software market is expected to grow at approximately USD 864 Million by 2023, at 7% of CAGR between 2017 and 2023.


  


 Data Compression Software Market Data Compression Software Market


Key Players: The prominent players in the data compression software market are – Osisoft, LLC (U.S.),Tegile Systems (U.S.), Wandera (U.K.), Quortus Telecommunications (U.K.), Facebook (U.S.), Google Corporation (U.S.), Opera Software ASA (Norway), Exasol Corporation (Germany), Panoratio Database Images Gmbh (Germany), Exalinks Software (France) among others.


 


Segments:


Data Compression Software Market by Type:



  • Lossless Compression

  • Lossy Compression


Data Compression Software Market by Service:



  • Professional Service

  • Support and Maintenance Service


Data Compression Software Market by Deployment:



  • Cloud

  • On-Premise


Data Compression Software Market by Organization Size:



  • Small & Medium Enterprises

  • Large Enterprises 


Data Compression Software Market by Vertical:



  • Government & Defense

  • BFSI

  • IT & Telecommunication

  • Healthcare

  • Retail

  • Manufacturing

  • Travel & Hospitality

  • Transportation & Logistics

  • Media & Entertainment

  • Others


   


Intended Audience



  • Investors and consultants

  • System Integrators

  • Government Organizations

  • Research/Consultancy firms

  • Technology solution providers

  • IT Solution Providers


 



Frequently Asked Questions (FAQ) :


Global data compression software market is projected to grow at approximately 7% CAGR during the assessment period (2017 -2023).

The valuation of the global data compression software market is estimated to increase to USD 864 MN by the end of 2023.

Huge investments in data compression tools and more advanced solution to improve business efficiency and data storage techniques, are major tailwinds pushing the growth of the global data compression software market.

North America holds the largest share in the global data compression software market, followed by the Asia Pacific region and Europe, respectively.

Accenture Plc (Ireland), Atos (France), Capgemini SE (France), Fujitsu Ltd (Japan), Cognizant (U.S.), HCL Technologies Limited (India), Infosys Limited (India), IBM (U.S.),Tata Consultancy Services Limited (India), and Tech Mahindra Limited (India), are some of the top players operating in the global data compression software market.

TABLE OF CONTENTS
1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY

2.1 RESEARCH TYPE

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

3.5 MARKET RESTRAINTS
4 EXECUTIVE SUMMARY
5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS
6 DATA COMPRESSION SOFTWARE MARKET, BY SEGMENTS

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY TYPE

6.2.1.1 LOSSLESS COMPRESSION

6.2.1.2 LOSSY COMPRESSION

6.2.2 SERVICE

6.2.2.1 PROFESSIONAL SERVICE

6.2.2.2 SUPPORT AND MAINTENANCE SERVICES

6.2.3 BY DEPLOYMENT

6.2.3.1 CLOUD

6.2.3.2 ON-PREMISE

6.2.4 BY ORGANIZATION SIZE

6.2.4.1 SMALL & MEDIUM ENTERPRISES

6.2.4.2 LARGE ENTERPRISES

6.2.5 BY VERTICAL

6.2.6.1 BFSI

6.2.6.2 IT & TELECOMMUNICATION

6.2.6.3 HEALTHCARE

6.2.6.4 RETAIL

6.2.6.5 MANUFACTURING

6.2.6.6 TRAVEL & HOSPITALITY

6.2.6.7 TRANSPORTATION & LOGISTICS

6.2.6.8 OTHERS

6.2.6 BY GEORGAPHY

6.2.6.1 NORTH AMERICA

6.2.6.2 EUROPE

6.2.6.3 ASIA-PACIFIC

6.2.6.4 REST OF THE WORLD
7 COMPETITIVE ANALYSIS

7.1 MARKET SHARE ANALYSIS

7.2 COMPANY PROFILES

7.2.1 OSISOFT, LLC (U.S.)

7.2.2 TEGILE SYSTEMS (U.S.)

7.2.3 WANDERA (U.K.)

7.2.4 QUORTUS TELECOMMUNICATIONS (U.K.)

7.2.5 FACEBOOK (U.S.)

7.2.6 GOOGLE CORPORATION (U.S.)

7.2.7 OPERA SOFTWARE ASA (NORWAY)

7.2.8 EXASOL CORPORATION (GERMANY)

7.2.9 PANORATIO DATABASE IMAGES GMBH (GERMANY)

7.2.10 EXALINKS SOFTWARE (FRANCE)

7.2.11 OTHERS

LIST OF TABLES
TABLE 1 DATA COMPRESSION SOFTWARE MARKET, BY TYPE

TABLE 2 DATA COMPRESSION SOFTWARE MARKET, BY SERVICE

TABLE 3 DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT

TABLE 4 DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE

TABLE 5 DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL

TABLE 6 DATA COMPRESSION SOFTWARE MARKET, BY REGION

TABLE 7 NORTH AMERICA DATA COMPRESSION SOFTWARE MARKET, BY TYPE

TABLE 8 NORTH AMERICA DATA COMPRESSION SOFTWARE MARKET, BY SERVICE

TABLE 9 NORTH AMERICA DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT

TABLE 10 NORTH AMERICA DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE

TABLE 11 NORTH AMERICA DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL

TABLE 12 U.S. DATA COMPRESSION SOFTWARE MARKET, BY SOFTWARE

TABLE 13 U.S. DATA COMPRESSION SOFTWARE MARKET, BY SERVICE

TABLE 14 U.S. DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT

TABLE 15 U.S. DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE

TABLE 16 U.S. DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL

TABLE 17 CANADA DATA COMPRESSION SOFTWARE MARKET, BY TYPE

TABLE 18 CANADA DATA COMPRESSION SOFTWARE MARKET, BY SERVICE

TABLE 19 CANADA DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT

TABLE 20 CANADA DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE

TABLE 21 CANADA DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL

TABLE 22 EUROPE DATA COMPRESSION SOFTWARE MARKET, BY TYPE

TABLE 23 EUROPE DATA COMPRESSION SOFTWARE MARKET, BY SERVICE

TABLE 24 EUROPE DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT

TABLE 25 EUROPE DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE

TABLE 26 EUROPE DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL

TABLE 27 GERMANY DATA COMPRESSION SOFTWARE MARKET, BY SOFTWARE

TABLE 28 GERMANY DATA COMPRESSION SOFTWARE MARKET, BY SERVICE

TABLE 29 GERMANY DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT

TABLE 30 GERMANY DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE

TABLE 31 GERMANY DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL

TABLE 32 FRANCE DATA COMPRESSION SOFTWARE MARKET, BY TYPE

TABLE 33 FRANCE DATA COMPRESSION SOFTWARE MARKET, BY SERVICE

TABLE 34 FRANCE DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT

TABLE 35 FRANCE DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE

TABLE 36 FRANCE DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL

TABLE 37 U.K. DATA COMPRESSION SOFTWARE MARKET, BY TYPE

TABLE 38 U.K. DATA COMPRESSION SOFTWARE MARKET, BY SERVICE

TABLE 39 U.K. DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT

TABLE 40 U.K. DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE

TABLE 41 U.K. DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL

TABLE 42 REST OF EUROPE DATA COMPRESSION SOFTWARE MARKET, BY TYPE

TABLE 43 REST OF EUROPE DATA COMPRESSION SOFTWARE MARKET, BY SERVICE

TABLE 44 REST OF EUROPE DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT

TABLE 45 REST OF EUROPE DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE

TABLE 46 REST OF EUROPE DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL

TABLE 47 ASIA-PACIFIC DATA COMPRESSION SOFTWARE MARKET, BY TYPE

TABLE 48 ASIA-PACIFIC DATA COMPRESSION SOFTWARE MARKET, BY SERVICE

TABLE 49 ASIA-PACIFIC DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT

TABLE 50 ASIA-PACIFIC DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE

TABLE 51 ASIA-PACIFIC DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL

TABLE 52 ROW DATA COMPRESSION SOFTWARE MARKET, BY TYPE

TABLE 53 ROW DATA COMPRESSION SOFTWARE MARKET, BY SERVICE

TABLE 54 ROW DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT

TABLE 55 ROW DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE

TABLE 56 ROW DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL

LIST OF FIGURES
FIGURE 1 RESEARCH TYPE

FIGURE 2 DATA COMPRESSION SOFTWARE MARKET: BY TYPE (%)

FIGURE 3 DATA COMPRESSION SOFTWARE MARKET: BY SERVICE (%)

FIGURE 4 DATA COMPRESSION SOFTWARE MARKET: BY DEPLOYMENT (%)

FIGURE 5 DATA COMPRESSION SOFTWARE MARKET: BY ORGANIZATION SIZE (%)

FIGURE 6 DATA COMPRESSION SOFTWARE MARKET: BY VERTICAL (%)

FIGURE 7 DATA COMPRESSION SOFTWARE MARKET: BY REGION (%)

FIGURE 8 NORTH AMERICA DATA COMPRESSION SOFTWARE MARKET, BY TYPE (%)

FIGURE 9 NORTH AMERICA DATA COMPRESSION SOFTWARE MARKET, BY SERVICE (%)

FIGURE 10 NORTH AMERICA DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT (%)

FIGURE 11 NORTH AMERICA DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE (%)

FIGURE 12 NORTH AMERICA DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL (%)

FIGURE 13 EUROPE DATA COMPRESSION SOFTWARE MARKET, BY TYPE (%)

FIGURE 14 EUROPE DATA COMPRESSION SOFTWARE MARKET, BY SERVICE (%)

FIGURE 15 EUROPE DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT (%)

FIGURE 16 EUROPE DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE (%)

FIGURE 17 EUROPE DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL (%)

FIGURE 18 ASIA-PACIFIC DATA COMPRESSION SOFTWARE MARKET, BY TYPE (%)

FIGURE 19 ASIA-PACIFIC STATISTICAL ANALYTICSMARKET, BY SERVICE (%)

FIGURE 20 ASIA-PACIFIC DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT (%)

FIGURE 21 ASIA-PACIFIC DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE (%)

FIGURE 22 ASIA-PACIFIC DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL (%)

FIGURE 23 ROW DATA COMPRESSION SOFTWARE MARKET, BY TYPE (%)

FIGURE 24 ROW DATA COMPRESSION SOFTWARE MARKET, BY SERVICE (%)

FIGURE 25 ROW DATA COMPRESSION SOFTWARE MARKET, BY DEPLOYMENT (%)

FIGURE 26 ROW DATA COMPRESSION SOFTWARE MARKET, BY ORGANIZATION SIZE (%)

FIGURE 27 ROW DATA COMPRESSION SOFTWARE MARKET, BY VERTICAL (%)