Data Protection as a Service (DPaaS) Market Projection By Key players – IBM Corporation, Amazon Web Services, Inc., HP Development Company, L.P., Commvault Systems, Inc., EMC Corporation, VMware, Inc., Quantum Corporation, Asigra, Inc., Veritas Technolo

Data Protection as a Service (DPaaS) Market 2021 - 2028

***Latest Updated Market Research Report

Summary:
Data Protection as a Service (DPaaS) Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $28,878 million by 2028, registering a CAGR of 31.5% during the period 2021-2021. Private cloud deployment model generated the largest DPaaS market share in 2020 while hybrid cloud sub-segment is expected to register fastest growth during the forecast period 2021-2028. North America is expected to be the largest market over the forecast period.

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Increasing data loss concerns, rise in need for backups & archives, and governance, risk & compliance are expected to drive the growth of global data protection as a service market. In addition, increasing demand for cloud-based disaster recovery & backup for virtual machines and integration of backup & recovery services have increased significantly and are expected to provide lucrative opportunities for market growth. However, high costs and complexities in cloud deployment limit the DPaaS market growth.
The STaaS service type dominated the global market in 2015 due to. Furthermore, DRaaS is anticipated to grow at a CAGR of 32.6% during the forecast period owing to increased need to improve data security, protection of data in disaster, and assurance of seamless & continuous business operations.
Large enterprises are the leading end users in the market and are projected to continue their dominance over the forecast period. However, SMEs will witness the fastest growth over the forecast period owing to the increasing number of SMEs across the globe and deployment of cost-effective solutions.
North America is the most lucrative market as compared to others with diverse industry verticals implementing DPaaS at a greater extent. Furthermore, it is projected to generate the highest market revenue over the forecast period with predominant deployments in the large enterprises. In addition, Asia-Pacific is estimated to grow at the fastest pace owing to heavy investments by the governments into infrastructural activities for effective data protection.

The key players in the global DPaaS market include IBM Corporation, Amazon Web Services, Inc., HP Development Company, L.P., Commvault Systems, Inc., EMC Corporation, VMware, Inc., Quantum Corporation, Asigra, Inc., Veritas Technologies, and Cisco Systems.

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Table Of Content:
1 Report Overview
2 Global Growth Trends
3 Competition Landscape by Key Players
4 Market Size by Type (2021-2028)
5 Market Size by Application (2021-2028)
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13 Key Players Profiles
14 Analyst's Viewpoints/Conclusions
15 Appendix

Continued. . .

Major Highlights of the Data Protection as a Service (DPaaS) Market Report:
• The Data Protection as a Service (DPaaS) Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
• The report dives deeper into the market and explains the dynamic factors bolstering market growth.
• The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
• The report analyzes the Data Protection as a Service (DPaaS) Market presence across major regions of the world.
• It determines the production & consumption capacities and demand & supply dynamics of each regional market.
• The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
• It provides company overview and SWOT analysis of each of the market players.

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