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Global Data Protection As A Service Market 2023 - Business Statistics, Industry Trends, Emerging Technologies, Growth Challenges And Forecast To 2032
Data Protection As A Service Market
Data Protection As A Service Market Size, Growth Rate, And Forecast
The global data protection as a service (dpaas) market size grew from $22.48 billion in 2022 to $28.14 billion in 2023 at a compound annual growth rate (CAGR) of 25.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data protection as a service (dpaas) market size is expected to grow to $70.38 billion in 2027 at a CAGR of 25.8%.
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Data Protection As A Service Market Drivers
The increase in concern about data loss and data security is propelling the demand in the data protection as a service (DPaaS) market. Data loss refers to the loss of data due to internal issues like system failure or external issues like cyber attacks, etc. Enterprises from all around the world have been concerned about data security recently due to incidents of data loss and data leaks.
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Data Protection As A Service Market Segments
• By Service Type: Disaster Recovery As A Service, Backup As A Service, Storage As A Service
• By Enterprise Size: Large Enterprise, SMEs
• By Deployment Mode: Public Cloud, Private Cloud, Hybrid Cloud
• 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: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Data Protection As A Service market.
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Data Protection As A Service Market Key Players
Major competitors in the Data Protection As A Service market include IBM Corporation, Amazon Web Services, Hewlett-Packard Development Company, Commvault Systems, VMware, Quantum Corporation.
The Business Research Company's "Global Data Protection As A Service Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Data Protection As A Service Market Include:
1. Executive Summary
2. Data Protection As A Service Market Characteristics
3. Data Protection As A Service Market Trends And Strategies
4. Data Protection As A Service Market - Macro Economic Scenario
5. Data Protection As A Service Market Size And Growth
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26. Africa Data Protection As A Service Market
27. Data Protection As A Service Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Data Protection As A Service Market
29. Data Protection As A Service Market Future Outlook and Potential Analysis
30. Appendix
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