Global Data Erasure Solutions Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028

Market Overview

of Global Data Erasure Solutions market:
According to our latest research, the global Data Erasure Solutions market looks promising in the next 5 years. As of 2022, the global Data Erasure Solutions market was estimated at USD 236.73 million, and it’s anticipated to reach USD 402.98 million in 2028, with a CAGR of 9.27% during the forecast years.

Data erasure is a software-based process of securely overwriting digitally stored information with random binary data according to a specified standard, then verifying and certifying that the erasure has been successful. Secure data erasure can occur in both active and inactive environments across a variety of IT assets, such as servers, PCs/laptops, mobile devices, removable media, and loose drives, as well as in large, virtualized data centers and cloud environments.

Enterprises continue to develop, expand market share
Companies operating in the global data erasure solutions market are increasing efforts to boost their customer base by launching cost-efficient data erasure solutions. Several data erasure solutions providers are using diverse strategies, including mergers, acquisitions, and collaborations with technology partners in order to offer next-gen products. These efforts are also helping market leaders in expanding their regional reach, which, in turn, is driving the data erasure solutions market.

Data erasure solutions are cost effective, environment-friendly, energy efficient
Solid-State Drives and other IT assets can be brute-forced, but due to the way data is stored increasingly densely, intact chips and the data they contain may remain on shattered pieces of hardware. This vulnerability, combined with drive replacement costs, can be expensive for businesses. It's also expensive for the environment. As the "green" movement grows and global demand for technology soars, there are concerns about the rapid depletion of natural resources by new devices, and a lot of old devices (e-waste) going to landfills. Whereas data erasure provides this security by overwriting the entire drive's data (including HPA/DCO areas and bad sectors), verifying that the data is not recoverable, and providing tamper-proof documentation that the drive has been thoroughly cleaned. The adoption of data erasure solutions is increasing due to various advantages such as environmental friendliness, energy efficiency, and cost-effectiveness.

Region Overview:
In global comparison, a significant portion of the revenue was generated in North America (34.81% in 2021).

Company Overview:
Blancco Technology Group is one of the major players operating in the Data Erasure Solutions market, holding a share of 19.9% in 2021.

Blancco Technology Group
Blancco Technology Group (AIM: BLTG) provides organizations with secure, compliant, and automated solutions that accelerate the transition to the circular economy. Each year, tens of millions of Blancco erasures allow top-tier organizations to protect end-of-life data against unauthorized access, safely redeploy data storage assets, and firmly comply with increased data protection and privacy requirements. Globally approved, recommended and certified by governing and industry bodies around the world, Blancco is the industry standard in data erasure and mobile lifecycle solutions.

Kroll Ontrack, LLC
Ontrack, a business of KLDiscovery, delivers world-class data recovery, email extraction and restoration, data destruction and tape management. Utilizing the dedication of a strong team of research and development engineers, Ontrack has developed hundreds of proprietary solutions over the past 30 years to recover data from tapes, hard drives, solid state drives, flash media, mobile devices, virtual environments, operating systems and a myriad of other storage devices.

Segmentation Overview:
As for product types, the Software segment held the largest market share in 2021.

Software
Erasure software is an application that implements a software-based method of erasing all the data present on a hard disk drive or any other memory storage device. The erasure software aims to completely destroy all the electronic data permanently.

Hardware
For on-site data erasure in data centers and IT facilities, professional, easy-to-use hardware products have been developed that make erasing data on storage systems simple. This can be applied to mass erase and loose drives.

Service
Providing certified data erasure services, product certification recognizes the effectiveness of a product through independently verified quality and performance testing.

Application Overview:
The market's largest segment by application is the segment Large Enterprises, with a market share of 30.62% in 2021.

Individual
Data erasure solutions can wipe personal data stored on hard drives, computers and mobile phones, ensuring comprehensive security against data leakage and theft.

Small Enterprises (10 to 49 Employees)
The data erasing solution used in small b Enterprises is to provide multiple drives erasing support on the basis of providing individual services.

Medium-sized Enterprises (50 to 249 Employees)
The data-erasing solution used in Medium-sized businesses is to provide wiping drives in RAID mode for redundancy protection on the basis of providing small businesses.

Large Enterprises (Employ 250 or More People)
The data-erasing solution used in Large businesses is to provide support for wiping computers remotely and other customizable planning services on the basis of providing Medium-sized businesses.

This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Data Erasure Solutions market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.

Key Takeaways from the Global Data Erasure Solutions Market Report:
Market Size Estimates: Data Erasure Solutions market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Data Erasure Solutions market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Data Erasure Solutions market
Segment Market Analysis: Data Erasure Solutions market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Data Erasure Solutions market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Data Erasure Solutions Market: Revenue and sales volume of major countries in each region
Data Erasure Solutions Market

Competitive Landscape

and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Data Erasure Solutions market in major regions.
Data Erasure Solutions Industry Value Chain: Data Erasure Solutions market raw materials & suppliers, manufacturing process, distributors, downstream customers
Data Erasure Solutions Industry News, Policies & Regulations

Key players in the global Data Erasure Solutions market are covered in Chapter 12:
Extreme Protocol Solutions
Stellar Information Technology Pvt
Hitachi Vantara
WipeOS
CHG-Meridian
Magoshare
Kroll Ontrack,LLC
Certus Software Ltd
Blancco Technology Group
Wipedrive

In Chapter 2 and Chapter 15.1, based on types, the Data Erasure Solutions market from 2018 to 2028 is primarily split into:
Software
Hardware
Services

In Chapter 3 and Chapter 15.2, based on applications, the Data Erasure Solutions market from 2018 to 2028 covers:
Individual
Small Enterprises (10 to 49 Employees)
Medium-sized Enterprises (50 to 249 Employees)
Large Enterprises (Employ 250 or More People)

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others

The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.

In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.

Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

Chapter 1 starts the report with an overview of the Data Erasure Solutions market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.

Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.

Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.

Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.

Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.

Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.

Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.

Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.

Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.

Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.

Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2028