No recovery: Cloud computing will continue encroaching on industry revenue

The Data Recovery Services industry in the United States salvages computer files from damaged, failed, corrupted or inaccessible storage media. Although the increasing number of households with at least one computer and the rising popularity of electronic devices were expected to provide ample demand for industry services, options for data recovery and data loss prevention have expanded and demand for industry services has declined. Cloud computing, or online data storage, represents the latest threat to the industry. On a consumer level, cloud computing services, such as Google's Drive, Apple's iCloud, Microsoft's OneDrive and Dropbox, are offered free of charge. These services enable users to store any type of file on the cloud and access them on any computer or mobile device...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Cloud computing, or online data storage, represents the latest threat to the industry
  • Technological advancements in computer operating systems have dampened demand
  • Increased internet traffic creates the potential for greater demand for industry services
  • Industry Report - Industry Investment Chapter

    The Data Recovery Services industry in the United States experiences a low level of capital intensity. Using wages as a proxy for labor and depreciation as a proxy for capital, for every dollar spent on labor, an estimated $0.05 is spent on capital, indicating a highly labor-intensive service. Over the past five years, capital intensity has slowly declined due to the increasing automation of specialized software used for data recovery causing a decrease in wages. In addition, due to the declining price and improved technology of computers and digital storage, less capital is being invested in infrastructure for companies that offer data recovery services. The industry is highly labor intensive due to the required knowledge and skills of data recovery technicians...purchase to read more.

    Additional Insights for the Data Recovery Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Data Recovery Services Industry are

  • Ability to quickly adopt new technology
  • Access to multiskilled and flexible workforce
  • Automation - reduces costs, particularly those associated with labor
  • IBISWorld analysts also discuss how external factors such as Percentage of services conducted online and Percentage of households with at least one computer in the Data Recovery Services industry impact industry performance..

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    What's in this report

    What is the Data Recovery Services Industry?

    Companies in this industry provide data recovery services. Data recovery is the process of salvaging data from damaged, failed, corrupted or inaccessible storage media when it cannot be accessed normally.

    Industry Products
  • Hardware related data recovery
  • Software related data recovery
  • Industry Activities
  • Recover lost data from hardware failure
  • Restore files from software failure
  • Repair compromised software data
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Percentage of services conducted online
  • Percentage of households with at least one computer
  • Private investment in computers and software
  • Number of mobile internet connections

  • Current Performance
  • Market potential and competition intensify
  • Operators
  • Chart: Revenue Growth

  • Industry Outlook
  • Market potential
  • External competition
  • Table: Data Recovery Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Data Recovery Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Professional, Scientific and Technical Services
  • Public Administration
  • Consumers

  • Key Selling Industries
  • Computer Manufacturing
  • Computer Peripheral Manufacturing

  • Products & Services
  • Hardware related data recovery
  • Software related data recovery
  • Chart: Data Recovery Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Businesses
  • Government
  • Households
  • Not-for-profit organizations
  • Chart: Major Market Segmentation for the Data Recovery Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    PurchasesProfitWagesOther expenses
  • Chart: Cost Structure Benchmarking – Sector vs Data Recovery Services

  • Basis of Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Data Recovery Services Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Data Recovery Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Data Recovery Services Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Percentage of services conducted online (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cloud Computing
  • The practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer.
  • Information Technology (It)
  • The acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by microelectronics-based computing and telecommunications.
  • Peripheral
  • A device attached to a host computer that has the purpose of expanding the host's capabilities.
  • What Our Customers Say

    Why buy this report?

    The Data Recovery Services industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Data Recovery Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Data Recovery Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Data Recovery Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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