Global Data Resiliency Market Set to Double by 2029, Fueled by Rising Cybersecurity Concerns and Digital Transformation [Yahoo! Finance]
Lumen Technologies, Inc. (LUMN)
Company Research
Source: Yahoo! Finance
Growth Projections and Market Dynamics The global market for data resiliency is poised for rapid expansion, with projections showing a possible doubling from USD 18.65 billion in 2024 to an impressive USD 38.12 billion by 2029. A significant compound annual growth rate (CAGR) of 15.38% during the forecast period underscores the critical nature of robust data protection strategies. As businesses and organizations worldwide face increasing cyber threats, the demand for data resiliency solutions is escalating. Drivers of Data Resiliency Adoption One of the key drivers of this growth is the escalating number of cyberattacks, which instill urgency among companies to adopt security measures that ensure data integrity and availability. These trends highlight a shift in organizational culture, with a focus on the ability to effectively withstand and quickly recover from data-related incidents. The expansion of cloud-based services, alongside the adoption of IoT and big data analytics,
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LUMN
News
- Best Internet Providers in Naperville, Illinois [CNET News]CNET News
- Lumen (LUMN) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates [Yahoo! Finance]Yahoo! Finance
- What to Expect Ahead of Lumen's (LUMN) Q1 Earnings Release [Yahoo! Finance]Yahoo! Finance
- Multistate 911 outage shows fragility of systems, experts say [MSNBC.com]MSNBC.com
- Dataprise Appoints Nima Khamooshi as Vice President of Cybersecurity to Strengthen Preeminent National MSSP BusinessPR Web
LUMN
Earnings
- 2/6/24 - Beat
LUMN
Sec Filings
- 4/8/24 - Form 4
- 4/5/24 - Form DEFA14A
- 4/5/24 - Form DEF
- LUMN's page on the SEC website