The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Data Protection as a Service Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.
The team of researchers at Future Business Insights are focusing on research and market study to produce different Data Protection as a Service Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Data Protection as a Service Market.
Data protection as a service market is set to witness steady growth during 2021-2031. One of the major growth drivers for the data protection as a service market happens to be the increasing transition to a cloud-based model and the growing need to protect, restore information in real-time, and create a backup for the data.
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Storage as a Service is Expected to hold the Largest Share of the Data Protection as a Service (DPaaS) Market by Service Type
On the basis of service type, the sensor market has been bifurcated in to Disaster Recovery as a Service (DRaaS), Backup as a Service (BaaS), and Storage as a Service (STaaS). Out of which, the storage as a service segment dominated the global market in 2020 accounting for a 47% of the total revenue share. The growth of the segment can be attributed to the growing demand for cost-effective ways to alleviate storage and disaster recovery services.
Who are the Key Manufacturers and Suppliers of Data Protection as a Service (DPaaS)?
Some of the leading providers of Data Protection as a Service (DPaaS) include
- Amazon Web Services, Inc.
- Asigra, Inc.
- Cisco Systems, Inc.
- Dell Inc.
- Commvault Systems, Inc.
- HP Development Company L.P.
- Microsoft
- IBM
- NetApp, Inc
- Quantum Corporation
- Oracle
- Veritas Technologies, among others.
Key Segments
By Type:
- Disaster Recovery as a Service (DRaaS)
- Backup as a Service (BaaS)
- Storage as a Service (STaaS)
By Deployment:
- Public Cloud
- Private Cloud
- Hybrid Cloud
By End Use:
- SMEs
- Large Enterprises
By Region:
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- UK
- France
- Germany
- Italy
- Spain
- BENELUX
- Russia
- Rest of Europe
- East Asia
- China
- Japan
- South Korea
- South Asia & Pacific
- India
- Thailand
- Indonesia
- Malaysia
- Australia & New Zealand
- Rest of South Asia & Pacific
- Middle East & Africa
- GCC Countries
- Turkey
- South Africa
- Rest of Middle East and Africa
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Queries Solved
- What is the size of the overall Data Protection as a Service Market in the Technology Market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities, and challenges of the Data Protection as a Service Market in the Technology Market, and how they are expected to impact the market?
- What are the attractive investment opportunities within the Data Protection as a Service Market in the Technology Market?
- What is the Data Protection as a Service Market in the Technology Market size at the regional and country-level?
- What are the key market players focusing on?
- What are the strategies for growth adopted by the key players in Data Protection as a Service Market in the Technology Market?
- What are the recent trends in Data Protection as a Service Market in the Technology Market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Data Protection as a Service Market in the growth of the Technology Market?
- What are the key market trends impacting the growth of the Data Protection as a Service Market in the Technology Market?
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Market Background
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