Computer sales in the
Computer-related problems were being solved by data recovery service providers. Though they are new to the business world, their presence is gradually gaining significance over the last two decades. Of the many data recovery companies, around 20 are reputed and well-known globally.
Big Global Companies
These global companies are giants in their own right and have:
- Their branches are located in many countries and the 6 continents around the world
- Have the best class 100 clean rooms and high rates of successful data recovery
Prominent among these giants is ‘Fields Data Recovery Ltd,’ a large data recovery service provider, headquartered in a spacious commercial premise worth £ ¾ m in the
Specialisation in Data Recovery Services
- Quite a few small companies specialise in logical recovery services. As these services do not necessitate the usage of class 100 clean rooms, these companies are able to provide recovery services to their clients at attractive rates.
- Large capital-intensive companies have class 100 clean rooms. They specialise in providing physical and logical data recovery.
- There are a few companies that specialise in recovering data lost due to fire and water for an increasing number of companies who are thus affected. Of the 87% of the companies that rely on data for business, only 20% keep their backup in an off-site premise.
Untapped Niche in the Data Recovery Market
Data recovery is just 2 decades old. The fast-evolving IT world is creating many untapped niches that have been left unexplored:
- Half the global population resides in the Asia-Pacific region. Majority of the data recovery service providers are in Europe and
- Another field that has left room for improvement is the sector of drive-independent data recovery. A complete 100% data recovery from physically damaged hard drive is possible in a mere 60% of the cases. Other successful statistics relate to partial recovery. The low recovery rate in computers experiencing hard drive problems is due to the very traditional recovery approach adapted. Experiment and changes in the method of physical data recovery are a necessity to increase recovery rates.
How Big is the Data Recovery Market?
No one exactly knows how many computer users are there in the world, but 1 billion computers have already been sold. And the computer market is expanding the fastest in
Computers are prone to many hardware and software problems. So, the data recovery market is, understandably, gigantic. The market leaders in the data recovery segment are experiencing a 75% year-on-year growth.
Future Potential for Data Recovery Companies
The future demand for data recovery services would be from the Small to Medium Business enterprises. And, by 2011, this market is expected to touch $ 200 million, globally.
Another promising field in this area is the prevention of data theft. Data theft is rampant. In the
Requirements for Data Recovery Business
- Class 100 clean rooms are the major requirements for data recovery business. Setting up and maintenance of these rooms is expensive.
- IT industry is releasing new products everyday. New techniques have to be constantly developed. R and D is a continuous process to survive in this field.
The field of data recovery is a good business and challenging arena for people who have an appetite for risk. This is an industry where demand is not constant. It operates in full swing during times of emergency to be followed by periods of idle time. Yet, this is an extremely profitable business venture that offers huge potential for expansion.