Research Methodology on Data Resiliency Market
Introduction
Data resiliency is the ability of a system to recover from the loss of data due to any incident such as physical damage, cyber attack, human error or any other factor. Recent technological advancements and the ubiquity of the internet, cloud computing, and various data storage technologies have enabled organizations to store more data than ever before. With this, organizations must also become more resilient to data loss or breaches, as these events can cause massive disruptions to business operations and reputational damage.
Research Objectives
This research study aims to analyze the global data resiliency market with respect to segmentation by service type (archiving and replication, disaster recovery, and backup and recovery) by cloud deployments (public cloud, private cloud, and hybrid cloud) by organization size (small and medium enterprises and large enterprises) by vertical (BFSI, IT and telecom, government and defence, healthcare and life sciences, energy and utility, retail, manufacturing, and others) by region (North America, Europe, Asia-Pacific, and the Rest of the World). In addition to this, the key factors driving the market, the major challenges and restraints impacting the market growth, and the competitive landscape will be examined in this report.
Research Methodology
This research study utilized both primary and secondary sources, as well as desk and field research methods. The primary data was collected using a survey, interviews, focus groups, questionnaires and other similar research processes. The secondary research sources included trade magazines, journals, whitepapers, annual or financial reports, press releases, and several websites. Furthermore, the research team conducted comprehensive desk research to gather key insights on the market. The data obtained from this research study is further verified and validated through quality control checks to ensure accuracy and reliability for the readers.
Market segmentation
The global data resiliency market is segmented by service type, cloud deployments, organization size, and vertical. The service type segment is sub-segmented into archiving and replication, disaster recovery, and backup and recovery. The cloud deployments segment is further sub-segmented into public cloud, private cloud, and hybrid cloud. The organization size segment is divided into small and medium enterprises and large enterprises. The vertical segment is divided into BFSI, IT and telecom, government and defence, healthcare and life sciences, energy and utility, retail, manufacturing, and others.
Data collection and analysis
A number of techniques were used to collect and analyze the obtained data. The primary research techniques included questionnaires and interviews, while secondary research techniques comprised of market reports and analysis. The collected data was analyzed using the qualitative and quantitative analysis tools, such as Porter's Five Forces Model, PESTEL Analysis, ANOVA and F tests. The research team also conducted market dynamics analysis, which involved examining the factors driving the market, assessing the major challenges and restraints impacting the market growth, and analyzing the competitive landscape of the market.
Data validation
To ensure accuracy and reliability of the collected data during the research process, the study team employed certain measures such as quality control methods, data triangulation, verification process and statistical error tests. Furthermore, the results were scrutinized through the reports, market documents, media releases, and industry insights provided by the experts in the market. This enabled the research team to ensure the reliability and validity of the collected data.
Finally, the market estimates were validated through various surveys conducted at various stages of the research process. This ensured that all the data points necessary to present an accurate market view were included in the research study.
Conclusion
The methodology discussed in this research report outlines the primary and secondary sources used for gathering and analyzing the data, as well as the techniques used for validating the market estimates. It also outlines the methods used for market segmentation, data collection and analysis, and data validation. The research study is expected to offer readers valuable insights into the global data resiliency market.