Global Data Protection As-A-Service Market is Rising Exponentially at Rate of 24.30% During the Forecast Period

Data Protection As-A-Service Market is expected to rise at annual rate 24.30% in the forecast period of 2021 to 2028 and will reach USD 83.17 billion by 2028 due to the increasing concerns regarding data loss.

On the other hand, rise in the incurrence of costs and rising complexity in cloud DPaaS deployment are expected to obstruct the market growth in the above mentioned forecast period and is further projected to challenge the data protection as-a-service market.

Data Protection As-A-Service Market Scenario

According to Data Bridge Market Research the markets for data protection as-a-service is accelerating because of the growing need for data backups and archives, rise in the governance, risk, and compliance requirements for storage and increase in the adoption of next-generation technologies and growing migration of data to a cloud model to gain flexibility, agility. Additionally, rise in the Brings Your Own Device (BYOD) and Choose Your Own Device (CYOD) trends among enterprises and increase in the dependencies on remote network infrastructure influenced businesses to opt for recovery services positively affect the data protection as-a-service market.

Furthermore, increasing demand for cloud-based disaster recovery and backup for virtual machines, rise in the integration of backup services and recovery, growing technological advancements and modernization in the production techniques and increase in the need from the emerging markets extend profitable opportunities to the market players.

Now the question is which are the other regions that data protection as-a-service market targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific because of the rise in the adoption of managed services.

For more analysis on the data protection as-a-service market request for a briefing with our analysts,

Data Protection As-A-Service Market Scope

Data protection as-a-service market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of data protection as-a-service market is further analyzed based on maximum granularity into further segmentation. On the basis of deployment, the data protection as-a-service market is segmented into private cloud, public cloud and hybrid cloud. On the basis of organization size, the data protection as-a-service market is segmented into SMEs and large enterprises. On the basis of service type, the data protection as-a-service market is segmented into backup as a service (BaaS) and disaster recovery as a service (DRaaS).
  • Data Protection as a Service (DPaaS) is normally known to be as any online-delivered or cloud-based service which is advanced to protect the specific data of several organizations.

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Key Pointers Covered in the Data Protection As-A-Service Market Industry Trends and Forecast to 2028

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • Asigra Inc
  • Amazon Web Services, Inc.
  • Cisco Systems Inc.
  • Commvault
  • Dell
  • HP Development Company, L.P.
  • IBM
  • Microsoft
  • Cybersrc Consultancy LLP
  • NetApp
  • Oracle
  • Quantum Corporation
  • Veritas Technologies
  • OneTrust, LLC
  • Proofpoint, Inc
  • Trustwave Holdings, Inc
  • Micro Focus or one of its affiliates

Above are the key players covered in the report, to know about more and exhaustive list of data protection as-a-service companies’ contact us

Research Methodology of Data Protection As-A-Service Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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