Overview

No recovery in sight: Cloud computing will continue encroaching on industry revenue

IBISWorld’s Data Recovery Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$15m
Annual Growth
11-16
-21.3%
Annual Growth
16-21
Profit
Employment
2,582
Business
311

Industry Threats & Opportunities

  • More businesses and consumers are expected to demand more cloud-related services
  • Technological advancements in computer operating systems have dampened demand
  • The rising use of computers among households will help grow the potential market

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    Industry Analysis & Industry Trends

    The Data Recovery Services industry 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. The industry's contraction is forecast to continue over the next five years. The decrease reflects the continued movement by businesses and consumers away from data recovery services and toward other technologies, such as data backup and recovery software and do-it-yourself recovery tools and tutorials...

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    Industry Report - Industry Locations Chapter

    The division of the industry's participants is highly correlated with population distribution. Most industry players are small-scale, labor-intensive operations, and therefore, they cater to their local markets. Industry activity is the highest in the Southeast region of the United States, which accounts for about 21.7% of total establishments, also accounting for the largest share of population at 25.6%. The Southeast region holds a smaller share of revenue compared to establishments due to high competition. With several companies in the area offering similar services, operators have to compete on price, lowering revenue. The West accounts for about 21.1% of industry establishments. The region holds 17.2% of the US population. Cal..

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    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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    Industry Products

    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

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    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 and profit shrink
  • 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

  • Products & Markets
    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
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesOther 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
    Major Companies
    There are no major players in this industry
    Operating Conditions
    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
    Key Statistics
    Table: Industry Data for the Data Recovery Services Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Percentage of services conducted online (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    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.
  • Why buy this report?

    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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