Data Protection as a Service (DPaaS) Market By Service Type (Disaster Recovery as a Service, Backup as a Service, Storage as a Service), By Deployment Mode (Public Cloud, Private Cloud, Hybrid Cloud), By Enterprise Size (Large Enterprise, SMEs): Global Opportunity Analysis and Industry Forecast, 2020-2030
Data protection-as-a-service (DPaaS) is a gathering of cloud-based or web-delivered services that permit organizations to protect their data assets as well as enabling them to upgrade their network security and recovery options through multiple features provided on a membership style model.
DPaaS plays a core function in business. The advent of cloud computing and software-defined data centers with virtualized infrastructure components delivered as a service has fostered the need for data protection in the present business scenario. Increase in need for data protection among cloud service providers has led to the introduction of DPaaS. DPaaS is a cloud-based, web-delivered service designed to safeguard data assets of businesses. The deployment of DPaaS has increased in organizations across the globe, owing to the advantages of better network security and advanced data security.
Cloud services are adopted by businesses for better management and high scalability of their services. Increase in demand for cost-effective DPaaS and disaster recovery services has boosted the growth of the global DPaaS market. In addition, increase in concerns about data loss, surge in need for data backups & archives, and stringent requirements for governance and risk & compliance for storage have driven the global market growth. However, high costs and complexities associated with deployment of cloud DPaaS hamper the market growth.
The global market is segmented into deployment model, service type, end user, and region. Depending on the deployment model, the market is categorized into public, private, and hybrid cloud. On the basis of type of service, it is segregated into disaster recovery-as-a-service (DRaaS), backup-as-a-service (BaaS), and storage-as-a-service (STaaS). The end users of the market are large enterprises and small & medium enterprises. The market is analyzed based on four regions, namely North America, Europe, Asia-Pacific, and LAMEA along with the country-level analysis of each region.
The global DPaaS market is dominated by key players such as 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.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the DPaaS market along with current trends and future estimations to elucidate imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of market for the period 2020–2030 is provided to determine the market potential.
Key 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 Region
North America
U.S.
Canada
Europe
United Kingdom
Germany
France
Italy
Spain
Netherlands
Rest of Europe
Asia-Pacific
Japan
China
South Korea
Australia
India
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
Rest of LAMEA
Key Market Players
IBM CORPORATION
AMAZON WEB SERVICES
HEWLETT-PACKARD DEVELOPMENT COMPANY
L.P.
COMMVAULT SYSTEMS
VMWARE
QUANTUM CORPORATION
ASIGRA
EMC CORPORATION
VERITAS TECHNOLOGIES
CISCO SYSTEMS
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