Data Erasure Solution Market By Component (Software, Service), By Device Type (PCs, Laptop, Data Center Equipment, Mobile Device, Others), By Application (Home Solutions, Enterprise, ITADs, Data Centers) – Growth, Future Prospects And Competitive Analysis, 2019 – 2027

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The Increasing Threat of Data Loss is Driving the Growth of the Data Erasure Solution Market

Globally, the data erasure solution market is expected to grow with a CAGR of 19.2% during the forecast period from 2019 to 2027. The market is driven by the rising threat of data losses among organizations. As organizations are shifting toward digitalization, the risk of data breaches and cyber-attacks is also rising. The loss of data such as intellectual property, customers, and personally identifiable information could put customers, consumers, and employees at risk of identity theft. In addition, these data losses could also result in financial losses. Therefore, organizations are shifting toward data erasure solutions to address these issues.

The supportive government initiatives across the globe for the protection and safety of the data are also acting as a major factor driving the market growth. Furthermore, the technological advancement in data erasure solutions and increasing applications in the end-use industries is further accelerating the market growth. However, a lack of awareness about the benefits of data erasure solutions is inhibiting the market’s growth.

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Market Synopsis

Services are Estimated to Grow Significantly During the Forecast Period  

The data erasure solution market is categorized based on the component of software and services. The software segment was estimated to account for more than 72% share in the revenue in 2018. The growth of the market is credited to the wide-scale adoption of cloud-based software across organizations. On the other hand, the services market is anticipated to gain traction over the projected timeline. The rising demand for professional and managed services across organizations drives the service market.

North America Led the Data Erasure Solution Market   

North America led the global data erasure solution market in 2018, with a market share of more than 40%. The market is driven by the increasing incidences of data breaches and leakage activities among organizations in the region. In addition, the rising demand for cloud computing services in the region is further accelerating the market’s growth. Furthermore, the stringent government regulations for data safety and security across the region support market growth.

The major data erasure solution market vendors are Arrow Electronics Inc, Certus Software Ltd, Blancco Technology Group, IBM Corporation, ITRenew Inc, Iron Mountain Incorporated, Kroll Ontrack LLC, Stellar Information Technology Pvt Ltd, MTI Technology Limited, and WhiteCanyon Software Inc.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The data erasure solution market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global data erasure solution market based on component, device type, application, and geography. Key segments covered in the report are as follows.

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Segmentation Component Segment (2017–2027; US$ Bn)

  • Software
  • On-Premise
  • Cloud
  • Services
  • Professional Service
  • Managed Service

 Device Type Segment (2017–2027; US$ Bn)

  • PCs
  • Laptop
  • Servers
  • Data Center Equipment
  • Mobile Devices
  • Others

 Application Segment (2017–2027; US$ Bn)

  • Home Solutions
  • Enterprise
  • ITADs
  • Data Centers

 Geography Segment (2017–2027; US$ Bn)

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (the Middle East & Africa, Latin America)

Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Global DE Market
2.1.1 Global DE Market, by Component, 2018 (US$ Mn)
2.1.2 Global DE Market, by Device Type, 2018 (US$ Mn)
2.1.3 Global DE Market, by Application, 2018 (US$ Mn)
2.1.4 Global DE Market, by Geography, 2018 (US$ Mn)

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2018
3.4 Market Positioning of Key DE Vendors, 2018

Chapter 4 Global Data Erasure (DE) Market, By Component
4.1 Overview
4.1.1 Global DE Market Value Share, by Component, 2018 & 2027 (Value, %)
4.2 Software
4.2.1 Global DE Market Value from Software, 2017 – 2027(US$ Mn)
4.2.2 On-Premise
4.2.2.1 Global DE Market Value from On-Premise, 2017 – 2027(US$ Mn)
4.2.3 Cloud
4.2.3.1 Global DE Market Value from Cloud, 2017 – 2027(US$ Mn)
4.3 Service
4.3.1 Global DE Market Value from Service, 2017 – 2027(US$ Mn)
4.3.2 Professional Service
4.3.2.1 Global DE Market Value from Professional Service, 2017 – 2027(US$ Mn)
4.3.3 Managed Service
4.3.3.1 Global DE Market Value from Managed Service, 2017 – 2027(US$ Mn)

Chapter 5 Global Data Erasure (DE) Market, by Device Type
5.1 Overview
5.1.1 Global DE Market Value Share, by Device Type, 2018 & 2027 (Value, %)
5.2 PCs
5.2.1 Global DE Market Value from PCs, 2017 – 2027(US$ Mn)
5.3 Laptop
5.3.1 Global DE Market Value from Laptop, 2017 – 2027(US$ Mn)
5.3.2 Servers
5.3.2.1 Global DE Market Value from Servers, 2017 – 2027(US$ Mn)
5.4 Data Center Equipment
5.4.1 Global DE Market Value from Data Center Equipment, 2017 – 2027(US$ Mn)
5.5 Mobile Device
5.5.1 Global DE Market Value from Mobile Device, 2017 – 2027(US$ Mn)
5.6 Others
5.6.1 Global DE Market Value from Others, 2017 – 2027(US$ Mn)

Chapter 6 Global Data Erasure (DE) Market, by Application
6.1 Overview
6.1.1 Global DE Market Value Share, by Application, 2018 & 2027 (Value, %)
6.2 Home Solutions
6.2.1 Global DE Market Value from Home Solutions, 2017 – 2027(US$ Mn)
6.3 Enterprise
6.3.1 Global DE Market Value from Enterprise, 2017 – 2027(US$ Mn)
6.4 ITADs
6.4.1 Global DE Market Value from Civil ITADs, 2017 – 2027(US$ Mn)
6.5 Data Centers
6.5.1 Global DE Market Value from Data Centers, 2017 – 2027(US$ Mn)

Chapter 7 North America Data Erasure (DE) Market Analysis, 2017 – 2027 (US$ Mn)
7.1 Overview
7.2 North America DE Market Analysis, by Component, 2017 – 2027 (US$ Mn)
7.2.1 Market Analysis
7.3 North America DE Market Analysis, by Device Type, 2017 – 2027 (US$ Mn)
7.3.1 Market Analysis
7.4 North America DE Market Analysis, by Application, 2017 – 2027 (US$ Mn)
7.4.1 Market Analysis
7.5 North America DE Market, by Country, 2017 – 2027 (US$ Mn)
7.5.1 Market Analysis
7.5.2 U.S.
7.5.2.1 U.S. DE Market Value, by Component, 2017 – 2027 (US$ Mn)
7.5.2.2 U.S. DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
7.5.2.3 U.S. DE Market Value, by Application, 2017 – 2027 (US$ Mn)
7.5.3 Canada
7.5.3.1 Canada DE Market Value, by Component, 2017 – 2027 (US$ Mn)
7.5.3.2 Canada DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
7.5.3.3 Canada DE Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 8 Europe Data Erasure (DE) Market Analysis, 2017 – 2027 (US$ Mn)
8.1 Overview
8.2 Europe DE Market Analysis, by Component, 2017 – 2027 (US$ Mn)
8.2.1 Market Analysis
8.3 Europe DE Market Analysis, by Device Type, 2017 – 2027 (US$ Mn)
8.3.1 Market Analysis
8.4 Europe DE Market Analysis, by Application, 2017 – 2027 (US$ Mn)
8.4.1 Market Analysis
8.5 Europe DE Market, by Country, 2017 – 2027 (US$ Mn)
8.5.1 Market Analysis
8.5.2 U.K.
8.5.2.1 U.K. DE Market Value, by Component, 2017 – 2027 (US$ Mn)
8.5.2.2 U.K. DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
8.5.2.3 U.K. DE Market Value, by Application, 2017 – 2027 (US$ Mn)
8.5.3 Germany
8.5.3.1 Germany DE Market Value, by Component, 2017 – 2027 (US$ Mn)
8.5.3.2 Germany DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
8.5.3.3 Germany DE Market Value, by Application, 2017 – 2027 (US$ Mn)
8.5.4 France
8.5.4.1 France DE Market Value, by Component, 2017 – 2027 (US$ Mn)
8.5.4.2 France DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
8.5.4.3 France DE Market Value, by Application, 2017 – 2027 (US$ Mn)
8.5.5 Rest of Europe
8.5.5.1 Rest of Europe DE Market Value, by Component, 2017 – 2027 (US$ Mn)
8.5.5.2 Rest of Europe DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
8.5.5.3 Rest of Europe DE Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 9 Asia Pacific Data Erasure (DE) Market Analysis, 2017 – 2027 (US$ Mn)
9.1 Overview
9.2 Asia Pacific DE Market Analysis, by Component, 2017 – 2027 (US$ Mn)
9.2.1 Market Analysis
9.3 Asia Pacific DE Market Analysis, by Device Type, 2017 – 2027 (US$ Mn)
9.3.1 Market Analysis
9.4 Asia Pacific DE Market Analysis, by Application, 2017 – 2027 (US$ Mn)
9.4.1 Market Analysis
9.5 Asia Pacific DE Market, by Country, 2017 – 2027 (US$ Mn)
9.5.1 Market Analysis
9.5.2 China
9.5.2.1 China DE Market Value, by Component, 2017 – 2027 (US$ Mn)
9.5.2.2 China DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
9.5.2.3 China DE Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.3 Japan
9.5.3.1 Japan DE Market Value, by Component, 2017 – 2027 (US$ Mn)
9.5.3.2 Japan DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
9.5.3.3 Japan DE Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.4 India
9.5.4.1 India DE Market Value, by Component, 2017 – 2027 (US$ Mn)
9.5.4.2 India DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
9.5.4.3 India DE Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.5 Rest of Asia Pacific
9.5.5.1 Rest of Asia Pacific DE Market Value, by Component, 2017 – 2027 (US$ Mn)
9.5.5.2 Rest of Asia Pacific DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
9.5.5.3 Rest of Asia Pacific DE Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 10 Rest of the World (RoW) Data Erasure (DE) Market Analysis, 2017 – 2027 (US$ Mn)
10.1 Overview
10.2 RoW DE Market Analysis, by Component, 2017 – 2027 (US$ Mn)
10.2.1 Market Analysis
10.3 RoW DE Market Analysis, by Device Type, 2017 – 2027 (US$ Mn)
10.3.1 Market Analysis
10.4 RoW DE Market Analysis, by Application, 2017 – 2027 (US$ Mn)
10.4.1 Market Analysis
10.5 RoW DE Market, by Country, 2017 – 2027 (US$ Mn)
10.5.1 Market Analysis
10.6 RoW DE Market, by Country (US$ Mn)
10.6.1 Market Analysis
10.6.2 Middle East & Africa (MEA)
10.6.2.1 MEA DE Market Value, by Component, 2017 – 2027 (US$ Mn)
10.6.2.2 MEA DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
10.6.2.3 MEA DE Market Value, by Application, 2017 – 2027 (US$ Mn)
10.6.3 Latin America
10.6.3.1 Latin America DE Market Value, by Component, 2017 – 2027 (US$ Mn)
10.6.3.2 Latin America DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
10.6.3.3 Latin America DE Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 11 Company Profiles
11.1 Arrow Electronics Inc.
11.2 Blancco Technology Group
11.3 Certus Software Ltd.
11.4 IBM Corporation
11.5 Iron Mountain
11.6 ITRenew Inc.
11.7 Kroll Ontrack LLC
11.8 MTI Technology Limited
11.9 Stellar Information Technology PVT LTD
11.10 WhiteCanyon Software Inc.

List of Figures

FIG. 1 Global Data Erasure (DE) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global DE Market Segmentation
FIG. 4 Global DE Market, by Component, 2018 (US$ Mn)
FIG. 5 Global DE Market, by Device Type, 2018 (US$ Mn)
FIG. 6 Global DE Market, by Application, 2018 (US$ Mn)
FIG. 7 Global DE Market, by Geography, 2018 (US$ Mn)
FIG. 8 Attractive Investment Proposition, by Geography, 2018
FIG. 9 Market Positioning of Key DE Vendors, 2018
FIG. 10 Global DE Market Value Share, by Component, 2018 & 2027 (Value, %)
FIG. 11 Global DE Market Value from Software, 2017 – 2027(US$ Mn)
FIG. 12 Global DE Market Value from On-Premise, 2017 – 2027(US$ Mn)
FIG. 13 Global DE Market Value from Cloud, 2017 – 2027(US$ Mn)
FIG. 14 Global DE Market Value from Service, 2017 – 2027(US$ Mn)
FIG. 15 Global DE Market Value from Professional Service, 2017 – 2027(US$ Mn)
FIG. 16 Global DE Market Value from Managed Service, 2017 – 2027(US$ Mn)
FIG. 17 Global DE Market Value Share, by Device Type, 2018 & 2027 (Value, %)
FIG. 18 Global DE Market Value from PCs, 2017 – 2027(US$ Mn)
FIG. 19 Global DE Market Value from Laptop, 2017 – 2027(US$ Mn)
FIG. 20 Global DE Market Value from Servers, 2017 – 2027(US$ Mn)
FIG. 21 Global DE Market Value from Data Center Equipment, 2017 – 2027(US$ Mn)
FIG. 22 Global DE Market Value from Mobile Device, 2017 – 2027(US$ Mn)
FIG. 23 Global DE Market Value from Others, 2017 – 2027(US$ Mn)
FIG. 24 Global DE Market Value Share, by Application, 2018 & 2027 (Value, %)
FIG. 25 Global DE Market Value from Home Solutions, 2017 – 2027(US$ Mn)
FIG. 26 Global DE Market Value from Enterprise, 2017 – 2027(US$ Mn)
FIG. 27 Global DE Market Value from ITADs, 2017 – 2027(US$ Mn)
FIG. 28 Global DE Market Value from Data Centers, 2017 – 2027(US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Data Erasure (DE) Market Value
TABLE 2 North America DE Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 3 North America DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
TABLE 4 North America DE Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 5 North America DE Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 6 U.S. DE Market Value, by Component 2017– 2027 (US$ Mn)
TABLE 7 U.S. DE Market Value, by Device Type 2017– 2027 (US$ Mn)
TABLE 8 U.S. DE Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 9 Canada DE Market Value, by Component 2017– 2027 (US$ Mn)
TABLE 10 Canada DE Market Value, by Device Type 2017– 2027 (US$ Mn)
TABLE 11 Canada DE Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 12 Europe DE Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 13 Europe DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
TABLE 14 Europe DE Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 15 Europe DE Market Value, by Country, 2017 – 2027 (US$ Mn)
TABLE 16 U.K. DE Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 17 U.K. DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
TABLE 18 U.K. DE Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 19 Germany DE Market Value, by Component, 2017– 2027 (US$ Mn)
TABLE 20 Germany DE Market Value, by Device Type 2017 – 2027 (US$ Mn)
TABLE 21 Germany DE Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 22 France DE Market Value, by Component 2017– 2027 (US$ Mn)
TABLE 23 France DE Market Value, by Device Type 2017– 2027 (US$ Mn)
TABLE 24 France DE Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 25 Rest of Europe DE Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 26 Rest of Europe DE Market Value, by Device Type 2017 – 2027 (US$ Mn)
TABLE 27 Rest of Europe DE Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 28 Asia Pacific DE Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 29 Asia Pacific DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
TABLE 30 Asia Pacific DE Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 31 Asia Pacific DE Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 32 China DE Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 33 China DE Market Value, by Device Type 2017 – 2027 (US$ Mn)
TABLE 34 China DE Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 35 Japan DE Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 36 Japan DE Market Value, by Device Type 2017 – 2027 (US$ Mn)
TABLE 37 Japan DE Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 38 India DE Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 39 India DE Market Value, by Device Type 2017 – 2027 (US$ Mn)
TABLE 40 India DE Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 41 Rest of Asia Pacific DE Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 42 Rest of Asia Pacific DE Market Value, by Device Type 2017 – 2027 (US$ Mn)
TABLE 43 Rest of Asia Pacific DE Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 44 RoW DE Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 45 RoW DE Market Value, by Device Type, 2017 – 2027 (US$ Mn)
TABLE 46 RoW DE Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 47 RoW DE Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 48 RoW DE Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 49 MEA DE Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 50 MEA DE Market Value, by Device Type – 2027 (US$ Mn)
TABLE 51 MEA DE Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 52 Latin America DE Market Value, by Component – 2027 (US$ Mn)
TABLE 53 Latin America DE Market Value, by Device Type – 2027 (US$ Mn)
TABLE 54 Latin America DE Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 55 Arrow Electronics Inc.: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 56 Blancco Technology Group: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 57 Certus Software Ltd.: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 58 IBM Corporation: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 59 Iron Mountain: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 60 ITRenew Inc.: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 61 Kroll Ontrack LLC: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 62 MTI Technology Limited: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 63 Stellar Information Technology PVT LTD: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 64 WhiteCanyon Software Inc.: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)

Frequently Asked Questions:

What is the size of Data Erasure Solution Market?

The market for Data Erasure Solution is expected to reach US$ XX Bn in 2027.

What is the Data Erasure Solution Market CAGR?

The Data Erasure Solution market is expected to see significant CAGR growth over the coming years, at 19.2%.

What is the Forecast period considered for Data Erasure Solution Market?

The report is forecasted from 2019-2027.

What is the base year considered for Data Erasure Solution Market?

The base year of this report is 2018.

Who are the major players in this market?

Arrow Electronics Inc., Blancco Technology Group, Certus Software Ltd., IBM Corporation, Iron Mountain, ITRenew Inc., Kroll Ontrack LLC, MTI Technology Limited, Stellar Information Technology PVT LTD are some of the major players in the global market.

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