Data Protection as a Service Market to Exhibit a Decent CAGR of 29.1% by 2027 | Acronis International GmbH,Amazon Web Services, Inc.,Commvault,Carbonite, Inc

According to our latest market study on "Data Protection as a Service Market to 2027 - Global Analysis and Forecasts by Deployment (Private Cloud, Public Cloud, Hybrid Cloud); Organization Size (SMEs, Large Enterprises); Service Type (Backup as a Service (BaaS), Disaster Recovery as a Service (DRaaS), and Storage as a Service (STaaS))"

The global data protection as a service market accounted to US$ 9.55 Bn in 2018 and is expected to grow at a CAGR of 29.1% during the forecast period 2019 - 2027, to account to US$ 94.3 Bn by 2027

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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Companies Profiled in this report includes: 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.

MARKET SEGMENTATION

The report segments the global data protection as a service market as follows:

1.1.1 Global Data protection as a service Market - By Deployment
• Private Cloud
• Public Cloud
• Hybrid Cloud
1.1.2 Global Data protection as a service Market - By Organization Size
• Small & Medium Enterprises
• Large Enterprises

1.1.3 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)

Besides, providers of DPaaS are looking ahead to opt for advanced data protection services. The organizations are enhancing their hosted services for improved benefits such as efficient management, higher scalability, and recovery options. Many solutions and service provider are offering advanced data protection solutions and services. Further, disaster recovery as a service is one of the driving factors for the market, as it allows organizations to have entire server's data and application store in the cloud, so that data can be recovered at any time during the crisis. Organizations are adopting cloud-based data protection services to manage and recover the data as needed. This trend will drive data protection as a service market growth in the near future. The trend is predicted to pitch over the period leading to a huge opportunity for data protection as a service player.

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TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. DPaaS Market Landscape

4.1 Market Overview

4.2 Ecosystem Analysis

4.3 Expert Opinion

4.4 PEST Analysis

4.4.1 North America PEST Analysis

4.4.2 Europe PEST Analysis

4.4.3 APAC PEST Analysis

4.4.4 Middle East & Africa PEST Analysis

4.4.5 South America PEST Analysis

5. DPaaS Market - Key Industry Dynamics

5.1 Key Market Drivers

5.1.1 Stringent Data Protection Regulations For Information Security

5.1.2 Increasing Need For Data Backups And Archives

5.2 Key Market Restraints

5.2.1 High Investment For The Data Protection Services

5.3 Key Market Opportunities

5.3.1 Increasing Demand for Cloud-Based Data Protection Solutions among SMEs

5.4 Future Trends

5.4.1 Surging Adoption Of Data Protection Services

5.5 DPaaS Market Impact Analysis Of Drivers And Restraints

6. DPaaS Market - Global Market Analysis

6.1 Global DPaaS Market Overview

6.2 Global DPaaS Market Forecast and Analysis

6.3 Market Positioning - 2018

7. DPaaS Market - By Deployment

7.1 Overview

7.2 DPaaS Market Breakdown, By Deployment, 2018 & 2027

7.3 Private Cloud

7.3.1 Overview

7.3.2 Private Cloud Market Forecasts and Analysis

7.4 Public Cloud

7.4.1 Overview

7.4.2 Public Cloud Market Forecasts and Analysis

7.5 Hybrid Cloud

7.5.1 Overview

7.5.2 Hybrid Cloud Market Forecasts and Analysis

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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, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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