In a world that continues to challenge many of us in so many ways, Veeam remains committed and focused on driving customer success. The escalation of cyberthreats and complexity of hybrid cloud have pushed IT leaders to re-examine their data protection strategies. It used to be sufficient to think of backup as insurance against a remote possibility. It is now about restoring from an inevitable reality. Your needs have changed — and as always, your needs are at the core of everything we do.
Veeam’s focus is, and always has been, on securing and protecting data — across cloud, virtual, physical, SaaS and Kubernetes. Our DNA is all about ensuring data security, protection and integrity. We understand that you need to recover as if your business depends on it — because it does! As the world around us changes, Veeam continues to provide you the certainty that your data is always available.
Today, IDC has once again recognized our efforts. We are thrilled to announce that Veeam has reached the status of being tied as the #1 provider worldwide during 2H’21 in IDC’s DR&P market*, while our worldwide YoY revenue growth was 11.1% above the market average.
According to the IDC Semiannual Software Tracker, 2H’21, Veeam had the fastest revenue growth in the worldwide data replication and protection (DR&P) market YoY (14.8%) among the top five vendors, all other vendors combined, and overall market average. In fact, Veeam’s YoY growth was more than double our nearest named top five competitor in our market.
This is an amazing achievement. I am proud of what our team — both internal and our partner ecosystem — have delivered.
IDC Semiannual Software Tracker: Data Replication & Protection
Change in Growth: Top 5 by Company, 2H 2021- Worldwide
We are proud of our incredible growth and that IDC recognizes Veeam as a leader in the market, but we’re even more grateful to our customers and partners for their continued trust and support. You are betting your business on Veeam, and we are committed to always putting you first!
In addition to our global positioning, Veeam was #1 in EMEA and LATAM, #3 in APJ by market share, and had the fastest growing YoY among the top five companies in all three regions. Congrats to our EMEA, APJ and LATAM teams! Double-digit YoY growth across our geographies is no small feat. Our commitment to deliver simple data protection solutions that help customers achieve their business objectives has led us to become their provider of choice.
We have many exciting releases planned for 2H’22 and I look forward to sharing them with you at VeeamON 2022.
Once again, I want to acknowledge the dedication of our employees and partners, and the confidence our customers have in Veeam. This recognition is a true team effort.
*IDC declares a statistical tie in the worldwide software market when there is a difference of 0.5 percentage-point or less in rounded revenue market share among two or more vendors.