Data Protection as a Service Market Growth, Size, Trends Analysis- By Service, By Deployment, By Enterprise Size, By End Use - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Data Protection as a Service Market Introduction and Overview
According to SPER Market Research, ‘Global Data Protection as a Service Market Size- By Service, By Deployment, By Enterprise Size, By End Use – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Global Data Protection as a Service Market is estimated to reach USD 333.62 billion by 2033 with a CAGR of 34.93%.
A web-based or cloud-assisted solution for network security and data asset protection is called Data Protection-as-a-Service (DPaaS). It is frequently implemented utilizing public, private, and hybrid cloud systems and provides a range of services, including Storage-as-a-Service (STaaS), Backup-as-a-Service (BaaS), and Disaster Recovery-as-a-Service (DraaS). These systems use virtualization techniques including firewalls, virtual private networks (VPNs), and hypervisors to remotely monitor the enterprises’ physical networks.
The Global Data Protection as a Service (DPaaS) industry was significantly impacted by the COVID-19 epidemic, which changed how companies view data protection and encouraged its growth. Strong data protection services became more crucial as businesses quickly adopted remote work models that allowed staff to access company data from a variety of devices and places.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Service, By Deployment, By Enterprise Size, By End Use.
Regions coveredNorth America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Companies CoveredIBM Corporation, Amazon Web Services Inc., Hewlett Packard Enterprise Company, Dell Inc., Cisco Inc., Oracle Corporation, VMware Inc., Commvault Systems Inc., Quest Software Inc., NxtGen Datacenter & Cloud Technologies Pvt. Ltd., Others.
Data Protection as a Service Market Segmentation:
By Service:Based on the Service, Global Data Protection as a Service Market is segmented as; Disaster Recovery as a Service (DRaaS), Backup as a Service (BaaS), Storage as a Service (STaaS)
By Deployment:Based on the Deployment, Global Data Protection as a Service Market is segmented as; Public Cloud, Private Cloud, Hybrid Cloud
By Enterprise Size:Based on the Enterprise Size, Global Data Protection as a Service Market is segmented as; Small and Medium-sized Enterprises (SMEs), Large Enterprises.
By End Use:Based on the End Use, Global Data Protection as a Service Market is segmented as; Banking, Financial Services, and Insurance, Healthcare, IT and Telecom, Retail, Education, Manufacturing, Others.