Personal Data Recovery Software Market Research Report—Global Forecast till 2030

Personal Data Recovery Software Market: Information by Pricing Type (Monthly, Yearly), Platform (Windows, MAC, Linux, Others), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030

ID: MRFR/ICT/9563-CR | December 2022 | Region: Global | 110 Pages         

Personal Data Recovery Software Market

Personal Data Recovery Software Market is expected to grow USD 12.4% during the forecast period 2022-2030
Market Size
CAGR
Dominating Region
Forecast Period
$281.08 Million (2021)
12.4%
North America
2022-2030
Segmentation
By pricing Type
By platform
By Region
  • Monthly
  • Yearly
  • Windows
  • MAC
  • Linux
  • Others
  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • and South America
Companies Profiled
Key Players
Oracle Corporation
IBM Corporation
Dell Inc
Hewlett Packard Enterprise Development LP
Microsoft
and EaseUS
Market Driving Forces
Drivers
Rising use of paid data recovery software by individuals
Increase in smartphone users
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Personal data recovery software  Market Overview:


The global Personal data recovery software  market is estimated to register a CAGR of over 12.4% and was valued at USD 281.08 Million in 2021.


Data recovery software is a type of software that enables the recovery of deleted, corrupted, or inaccessible data from a storage device. This software reviews, scans, identifies, extracts and copies data from deleted, corrupted and formatted sectors or in a user-defined location within the storage device.


COVID-19 Impact vs  Opportunities for Global Personal data recovery software  Market:


The COVID-19 pandemic had a major positive impact on the personal data recovery software market. The pandemic has created a massive challenge for businesses globally to continue functioning despite global shutdowns of offices & other facilities and the movement restrictions. The IT infrastructure, including data centers, cloud platforms, high-performance computing, and digital devices, is now being remotely used.


Companies operating in the market need to offer advanced and more efficient data recovery solutions that effectively recover individuals' and enterprises' lost or deleted data. Advanced version of data recovery software can help in truncated, corrupted, and broken video repair. Technically advanced software is quite different from traditional software in terms of functionality and effectiveness..


Personal data recovery software  Market Dynamics:


Personal data recovery software  Market Drivers:


Rising use of paid data recovery software by individuals: While most free data recovery software comes with a good rating, it has limited capabilities. Individuals may have to upgrade to the paid form to get comprehensive coverage.  


Increase in smartphone users: Globally, smartphone owners have significantly increased, specifically in developing countries.


Personal data recovery software  Market Opportunities:


Offering advanced data recovery software: Nowadays, a huge number of PCs are being victims of viruses. Therefore, different effective and useful technologies are coming to the forefront to protect these devices from virus attacks.


Personal data recovery software  Market Restraint:


Availability of free data recovery software: The availability of free software is the key restraint in the personal data recovery software market. Micro enterprises and individuals are the biggest users of free software solutions.


Value Chain Analysis


The value chain analysis for the personal data recovery software market comprises three primary levels, which start with software designing & development, followed by system integrators and end-users.


Personal data recovery software  Market Segment Overview


The global personal data recovery software  market has been segmented on the basis of pricing type, platform and region.


The global Personal data recovery software  market, based on the pricing type, the global personal data recovery software market has been segmented into monthly and yearly. The monthly segment accounted for the largest market share in 2021 and is estimated to register a CAGR of 12.9% during the review period.


The global Personal data recovery software  market, based on the platform, the market has been segmented into Windows, Mac, Linux, and others.


Personal data recovery software  Market Regional Analysis


The global Personal data recovery software  market has been studied across Asia-Pacific, North America, Europe, Middle East & Africa, and South America. North America accounted for the largest market share of 38.1% in 2021.  the North American personal data recovery software market is expected to boom at a exponential rate due presence of major players in the region. Increasing knowledge about the benefits of data recovery, an increase in the frequency of cyber-attacks, and an increase in data volume are all factors driving the data recovery software market forward.    


Europe is expected to witness a striking growth during the forecast period. With the GDPR framework in effect throughout Europe, businesses have become more cautious about their data recovery strategy. . Consumers are placing a high priority on overcoming the ever-increasing volumes of data. As a result, they are investing in recovery and backup solutions, which is driving the personal data recovery software  market.


The contribution of major countries such as China, India, and Japan drives the personal data recovery software market in Asia-Pacific. The market is expected to grow even faster as emerging economies like India and China embrace digitalization.


Personal data recovery software  Market Competitive Landscape


The Personal data recovery software  Market has been witnessing significant growth over the forecasted period owing to the due to rising in the usage of computers and other storage devices among households. There exist several local, regional, and global players in the personal data recovery software market who continuously strive to gain a significant share of the overall market.


Key players operating in the global Personal data recovery software  market include These include Oracle Corporation, IBM Corporation, Dell Inc., Hewlett Packard Enterprise Development LP, Microsoft, EaseUS, CleverFiles (Disk Drill Data Recovery), DISKGENIUS (Eassos Ltd.), RECOVERIT Wondershare Technology Co., and Stellar Data Recovery.


Recent Developments


Cleverfiles released a new version of the software for windows 4.4.613, the newer version has Improvements to overall stability, including the elimination of unexpected and hard-to-catch rare crashes in certain usage conditions. Overall, the ability to operate with popular file types has improved in April 2022.


Cleverfiles released new version 4.6.380 of software for macOS, the newer version has increased stability with different file formats such as DOC, JPG, and MSI files in March 2022.


Recoverit (Wondershare Technology CO., LTD,) launched a new version for Recoverit 10.0, the new version has advanced video recovery features which enable the user to recover their HD, Ultra HD, 4K, and 8K video without data corruption. The newer update is also equipped with an enhanced user interface in August 2021.


Dell Inc. and Amazon Web Services collaborated to help customers protect their data. Both the companies are working on the development of a software PowerProtect Cyber Recovery which enables the user to create an air-gapped data recovery vault in AWS S3. The newer software allows users to implement access control adding an extra level of security in December 2021.


Report Overview


As per MRFR, the global Personal data recovery software  market has been growing significantly over the past few years. The global Personal data recovery software  market has been segmented on the basis of pricing type, platform and region. Based on region, the market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.


Objective of the Study



  • To provide a comprehensive analysis of the personal data recovery software market and its sub-segments in the global market, thereby providing a detailed structure of the industry

  • To provide detailed insights into factors driving and restraining the growth of the global personal data recovery software market

  • To estimate the market size of the global personal data recovery software market, where 2019-2020 would be the historical period, 2021 shall be the base year, and 2022 to 2030 will be the forecast period for the study

  • To analyze the global personal data recovery software market in four main geographies, namely, North America, Europe, Asia-Pacific, South America, and the Middle East & Africa

  • To provide country-wise market value analysis for various segments of the personal data recovery software market

  • To provide strategic profiling of key companies present across the globe and comprehensively analyze their competitiveness/competitive landscape in this market

  • To provide a value chain for the personal data recovery software market


Scope of the Report


The scope of the global personal data recovery software market study includes the market size analysis and a detailed analysis of the vendor's products and strategies. The market has been segmented based on pricing type, platform and region.


Intended Audience



  • Software integrators

  • IT enterprises

  • Technology investors

  • Regulatory industries

  • Government bodies



Report Scope:

Report Attribute/Metric Details
  Market Size   2021: USD 281.08 Million
  CAGR   12.4% CAGR (2022-2030)
  Base Year    2021
  Forecast Period    2022-2030
  Historical Data    2019-2020
  Forecast Units    Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered    Pricing Type, Platform, and Region
  Geographies Covered    North America, Europe, Asia-Pacific, Middle East & Africa, and South America
  Key Vendors    Oracle Corporation, IBM Corporation, Dell Inc., Hewlett Packard Enterprise Development LP, Microsoft, and EaseUS
  Key Market Opportunities   â€¢ Offering advanced data recovery software
  Key Market Drivers   â€¢ Rising use of paid data recovery software by individuals • Increase in smartphone users


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Frequently Asked Questions (FAQ) :

The monthly segment is expected to drive the market during the forecast period.

The global Personal data recovery software market has been growing rapidly from the past few decades and is expected to grow at a CAGR of 12.4% during the forecast period.

Oracle Corporation, IBM Corporation, Dell Inc., Hewlett Packard Enterprise Development LP, Microsoft, and EaseUS are expected to be the major competition in the Personal data recovery software market during the projected period.

The North America region is expected to be the largest market for Personal data recovery software market during the forecast period.

Availability of free data recovery software may slow the growth of the Personal data recovery software market during the forecast period.