Global Data Protection As A Service DPaaS Market Analysis 2024, Forecast To 2033
19 Feb, 2024
The data protection as a service market has witnessed exponential growth, increasing from $26.65 billion in 2023 to $32.65 billion in 2024, with a 22.5% CAGR. This growth is driven by escalating data breaches, stringent data protection regulations, rising data privacy concerns, cloud computing proliferation, and the growth of remote and mobile workforces. The market is poised for further expansion, reaching $79.52 billion in 2028, fueled by increasing data volume, hybrid and multi-cloud environments, zero-trust security models, and a focus on data resilience and recovery.
Global Data Protection As A Service DPaaS Market Key Driver
Increasing concerns about data loss and data security are driving the demand for data protection as a service (DPaaS). The year 2021 witnessed 1,862 data breaches, up from 1,108 in 2020, as reported by the Identity Theft Resource Center. This surge in data breaches emphasizes the need for robust data protection measures, contributing to the growth of the data protection as a service market.
Get A Free Sample Of The Global Data Protection As A Service DPaaS Market ReportGlobal Data Protection As A Service DPaaS Market Segments
The data protection as a service (dpaas) market covered in this report is segmented –
1)By Service Type: Disaster Recovery As A Service, Backup As A Service, Storage As A Service
2)By Enterprise Size: Large Enterprise, SMEs
3)By Deployment Mode: Public Cloud, Private Cloud, Hybrid Cloud
4)By Industry: Banking, Financial Services And Insurance (BFSI), Telecom And IT, Government And Public Sector, Healthcare, Retail, Energy And Utilities, Manufacturing, Other Industries
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the data protection as a service (DPaaS) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data protection as a service (dpaas) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Data Protection As A Service DPaaS Industry Players
IBM Corporation; Amazon. com Inc.; Hewlett-Packard Development Company LP; Commvault Systems; VMware Software Private Limited; Quantum Corporation; veeam Software; EMC Corporation; Dell Inc.; Veritas Technologies; Quest Software Inc.; NxtGen Datacenter & Cloud Technologies Pvt. Ltd.; Hitachi Vantara Corporation; Atos SE; Symantec Enterprise; CA Technologies; Oracle Corporation; McAfee Croporation; NetApp Inc.; Acronis International GmbH; Cisco Systems Inc.; Carbonite Inc.; Druva Software Inc.; Barracuda Networks Inc.; Zerto Ltd.; Unitrends Inc.; Arcserve LLC; Backupify; CloudAlly Ltd.; Datto Inc.; Infrascale Inc.; Rubrik Inc.; Spanning Cloud Apps LLC; StorageCraft Technology Corporation
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Data Protection As A Service DPaaS Market Overview
Data protection as a service (DPaaS) refers to a collection of services that help organizations to protect their data and also improve their network security and recovery options. Data Protection-as-a-Service (DPaaS) is a cloud-based or web-based system for networking security and data loss prevention. These services are provided to the clients through multiple memberships and help organizations in cutting the costs of system security and maintenance.
Data Protection As A Service DPaaS Global Market Report 2023 provides data on the global data protection as a service dpaas market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The data protection as a service dpaas market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.