North America Data Protection as a Service Market Size, Share & Trends Analysis Report By Service, By Deployment, By Enterprise Size, By End-use, By Country and Growth Forecast, 2024 - 2031

North America Data Protection as a Service Market Size, Share & Trends Analysis Report By Service, By Deployment, By Enterprise Size, By End-use, By Country and Growth Forecast, 2024 - 2031


The North America Data Protection as a Service Market would witness market growth of 25.0% CAGR during the forecast period (2024-2031).

The US market dominated the North America Data Protection as a Service Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $34,311.8 million by 2031. The Canada market is experiencing a CAGR of 27.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 26.6% during (2024 - 2031).

As businesses increasingly adopt hybrid and multi-cloud strategies, the complexity of managing and protecting data across diverse environments has become a significant challenge. Multiple public cloud providers are used in multi-cloud setups, whilst private and public cloud resources are combined in hybrid clouds. These strategies enable organizations to optimize performance, reduce costs, and ensure greater flexibility.

However, the diversity of platforms also creates silos, increases vulnerabilities, and complicates data protection efforts. Ensuring the seamless security, integrity, and availability of data across these fragmented ecosystems is a top business priority.

The rapid adoption of digital technologies in both the public and private sectors has driven the significant expansion of North America's Data Protection as a Service market. The United States, with its leadership in cloud computing, and Canada, with its growing data center infrastructure, have positioned the region as a hub for data protection services. Agreements such as the North American Free Trade Agreement (NAFTA) and its successor, the United States-Mexico-Canada Agreement (USMCA), have facilitated cross-border data flows and enhanced business collaborations, contributing to market growth. Additionally, government initiatives focused on cybersecurity, digital infrastructure, and compliance regulations are shaping the data protection landscape, ensuring sustained growth in the coming years.

Based on Service, the market is segmented into Disaster Recovery as a Service (DRaaS), Backup as a Service (BaaS), and Storage as a Service (STaaS). Based on Deployment, the market is segmented into Public Cloud, Private Cloud, and Hybrid Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small and Medium-sized Enterprises (SMEs). Based on End-use, the market is segmented into Banking, Financial Services, & Insurance, Healthcare, IT & Telecom, Retail, Education, Manufacturing, and other End-use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • IBM Corporation
  • Microsoft Corporation
  • Cisco Systems, Inc.
  • Oracle Corporation
  • Palo Alto Networks, Inc.
  • CrowdStrike Holdings, Inc.
  • McAfee Corp.
  • Trend Micro, Inc.
  • Fortinet, Inc.
  • Check Point Software Technologies Ltd.
North America Data Protection as a Service Market Report Segmentation

By Service
  • 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 Enterprise Size
  • Large Enterprises
  • Small and Medium-sized Enterprises (SMEs)
By End-use
  • Banking, Financial Services, & Insurance
  • Healthcare
  • IT & Telecom
  • Retail
  • Education
  • Manufacturing
  • other End-use
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Data Protection as a Service Market, by Service
1.4.2 North America Data Protection as a Service Market, by Deployment
1.4.3 North America Data Protection as a Service Market, by Enterprise Size
1.4.4 North America Data Protection as a Service Market, by End-use
1.4.5 North America Data Protection as a Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansion
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2017, Jun – 2021, Jun) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Data Protection as a Service Market by Service
5.1 North America Disaster Recovery as a Service (DRaaS) Market by Country
5.2 North America Backup as a Service (BaaS) Market by Country
5.3 North America Storage as a Service (STaaS) Market by Country
Chapter 6. North America Data Protection as a Service Market by Deployment
6.1 North America Public Cloud Market by Country
6.2 North America Private Cloud Market by Country
6.3 North America Hybrid Cloud Market by Country
Chapter 7. North America Data Protection as a Service Market by Enterprise Size
7.1 North America Large Enterprises Market by Country
7.2 North America Small and Medium-sized Enterprises (SMEs) Market by Country
Chapter 8. North America Data Protection as a Service Market by End-use
8.1 North America Banking, Financial Services, & Insurance Market by Country
8.2 North America Healthcare Market by Country
8.3 North America IT & Telecom Market by Country
8.4 North America Retail Market by Country
8.5 North America Education Market by Country
8.6 North America Manufacturing Market by Country
8.7 North America other End-use Market by Country
Chapter 9. North America Data Protection as a Service Market by Country
9.1 US Data Protection as a Service Market
9.1.1 US Data Protection as a Service Market by Service
9.1.2 US Data Protection as a Service Market by Deployment
9.1.3 US Data Protection as a Service Market by Enterprise Size
9.1.4 US Data Protection as a Service Market by End-use
9.2 Canada Data Protection as a Service Market
9.2.1 Canada Data Protection as a Service Market by Service
9.2.2 Canada Data Protection as a Service Market by Deployment
9.2.3 Canada Data Protection as a Service Market by Enterprise Size
9.2.4 Canada Data Protection as a Service Market by End-use
9.3 Mexico Data Protection as a Service Market
9.3.1 Mexico Data Protection as a Service Market by Service
9.3.2 Mexico Data Protection as a Service Market by Deployment
9.3.3 Mexico Data Protection as a Service Market by Enterprise Size
9.3.4 Mexico Data Protection as a Service Market by End-use
9.4 Rest of North America Data Protection as a Service Market
9.4.1 Rest of North America Data Protection as a Service Market by Service
9.4.2 Rest of North America Data Protection as a Service Market by Deployment
9.4.3 Rest of North America Data Protection as a Service Market by Enterprise Size
9.4.4 Rest of North America Data Protection as a Service Market by End-use
Chapter 10. Company Profiles
10.1 IBM Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional & Segmental Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.5.3 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Microsoft Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations & Agreements:
10.2.5.2 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Cisco Systems, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.3.5.3 Acquisition and Mergers:
10.3.6 SWOT Analysis
10.4 Oracle Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Product Launches and Product Expansions:
10.4.6 SWOT Analysis
10.5 Palo Alto Networks, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.5.5.3 Mergers & Acquisition:
10.5.6 SWOT Analysis
10.6 Crowdstrike Holdings, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Product Launches and Product Expansions:
10.6.5.3 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 McAfee Corp.
10.7.1 Company Overview
10.7.2 Recent strategies and developments:
10.7.2.1 Partnerships, Collaborations & Agreements:
10.7.2.2 Product Launches and Product Expansions:
10.7.2.3 Acquisition and Mergers:
10.7.3 SWOT Analysis
10.8 Trend Micro, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental Analysis
10.8.4 Recent strategies and developments:
10.8.4.1 Partnerships, Collaborations, and Agreements:
10.8.4.2 Acquisition and Mergers:
10.8.4.3 Geographical Expansions:
10.8.5 SWOT Analysis
10.9 Fortinet, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.5.2 Acquisition and Mergers:
10.9.6 SWOT Analysis
10.10. Check Point Software Technologies Ltd.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
10.10.5.2 Product Launches and Product Expansions:
10.10.5.3 Acquisition and Mergers:
10.10.6 SWOT Analysis

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