Data Recovery Software Market Growth, Overview with Detailed Analysis 2021-2027
US-based management consulting firm Gartner forecast in November 2020 that following the COVID-19 crisis, there would be a surge in IT investment towards the cloud, which was forecast to account for 14.2% of all worldwide business IT expenditure in 2024 as opposed to 9.1% in 2020. As a result, the market for data recovery software is expanding due to a rise in the usage of cloud data backup.