Global Data Protection As A Service (Dpaas) Market 2024-2028

Global Data Protection As A Service (Dpaas) Market 2024-2028

Technavio has been monitoring the data protection as a service (Dpaas) market and is forecast to grow by USD 87572.2 mn during 2023-2028, accelerating at a CAGR of 46.02% during the forecast period. Our report on the data protection as a service (Dpaas) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in adoption of Dpaas among various industries, growing need to simplify solutions for backup, and recent development in Dpaas.

Technavio's data protection as a service (Dpaas) market is segmented as below:

By Application

• STaaS
• BaaS
• DRaaS

By Business Segment

• Large
• Small and medium

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the exponential growth in the volume of data as one of the prime reasons driving the data protection as a service (Dpaas) market growth during the next few years. Also, increasing use of IoT and rise in the number of cyberthreats will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the data protection as a service (Dpaas) market covers the following areas:

• Data protection as a service (Dpaas) market sizing
• Data protection as a service (Dpaas) market forecast
• Data protection as a service (Dpaas) market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading data protection as a service (Dpaas) market vendors that include Acronis International GmbH, Amazon.com Inc., Asigra Inc., Backblaze Inc., Barracuda Networks Inc., Broadcom Inc., Cohesity Inc., Commvault Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., Hornetsecurity Ltd., International Business Machines Corp., Kaseya Ltd., Microsoft Corp., Oracle Corp., Rubrik Inc., SolarWinds Corp., Veeam Software Group GmbH, Veritas Technologies LLC, and VMware Inc.. Also, the data protection as a service (Dpaas) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.