Press release
Data Protection as a Service Market Revenue to US$ 94.3 Billion by 2027: The Insight Partners
Data Protection as a Service Market
Data protection as a service is a cloud-based or web-delivered service to protect data assets residing on the cloud platform. Organizations generally utilize this service to enhance their network security and improve security for effective data management on the cloud. With the growing information flow, there is a constant demand for advanced data security software and services. There is a rising demand for solutions & services to reduce complexities and maintenance in terms of large data volumes. Data protection as a service help organizations to effectively and efficiently tackle security issues by offering cost-effective cloud services. It is a multi-tenant model which enables management of various services through a single portal. Growing demand for privacy and data security across all organizations globally is playing a major role in driving market growth. On the contrary, the implementation of these data protection services requires additional cost. Since the small enterprises have budget constraints, it is negatively impacting the adoption of DPaaS.
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Europe is the second-largest market in the data protection as a service market. Apart from North America and Europe, Asia Pacific remains at the third-largest geographic segment in the data protection as a service market. In Asia Pacific, continuous advancements, developing technological infrastructure, increasing adoption of security solutions across the vertical such as BFSI, Healthcare, Government, and others are driving the demand for DPaaS market during the forecast period in China, India, and other emerging countries of the region.
Companies Mentioned:
• Acronis International GmbH
• Amazon Web Services, Inc.
• Commvault
• Carbonite, Inc
• EMC Corporation
• Hewlett Packard Enterprise Development LP
• IBM Corporation
• McAfee, LLC
• Quantum Corporation
• VMware, Inc.
The report on Data Protection as a Service market gives a rundown of market segmentation. Moreover, it provides particulars pertaining to market size, valuation and CAGR of each region and segment for all years from 2017 until 2027. PEST analysis for each region is given as well.
The report segments the global data protection as a service market as follows:
Global Data Protection as a Service Market - By Deployment
• Private Cloud
• Public Cloud
• Hybrid Cloud
Global Data Protection as a Service Market - By Organization Size
• Small & Medium Enterprises
• Large Enterprises
Global Data Protection as a Service Market - By Service Type
• Backup as a Service (BaaS)
• Disaster Recovery as a Service (DRaaS)
• Storage as a Service (STaaS)
The document will help readers gain vital information regarding the market such as leading players, their company profiles, portfolios, financial information, and latest developments. The report also enables companies in making strategic decisions such as partnerships, product launches, collaborations, etc. to gain a competitive edge.
Key Elements that the report acknowledges:
• Growth rate and market size over the analysis timeframe.
• Key factors stimulating and hindering market expansion.
• Leading vendors and suppliers of the market.
• Exhaustive SWOT analysis of each company.
• Detailed PEST analysis by region.
• Opportunities and threats faced by the existing vendors in Data Protection as a Service market.
• Strategic initiatives undertaken by leading players.
Additionally, the report includes an exhaustive analysis of the market and concludes with precise estimates of the revenue generation by each segment, country, region and company. Every detail that might prove to be essential for making strategic decisions is mentioned along with solutions and suggestions from expert analysts. Each segment of the market is studied extensively to provide reliable knowledge for supplementary market investments.
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Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.
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