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Global Data Protection as a Service (DPaaS) Market Report 2022: Rising Concerns Over Data Loss and Data Security Fuel Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–Data Protection As A Service (DPaaS) Global Market Report 2022 has been added to from ResearchAndMarkets.com offer.

The global data protection as a service (DPaaS) market is expected to grow from $17.88 billion in 2021 to $23.09 billion in 2022 at a compound annual growth rate (CAGR) of 29.1% . The data protection as a service (DPaaS) market is expected to reach $63.38 billion in 2026 with a CAGR of 28.7%.

The main types of data protection as a service are disaster recovery as a service, backup as a service, and storage as a service. Disaster Recovery as a Service (DRaaS) is a cloud computing service model that enables an organization to back up its data and IT infrastructure to a third-party cloud computing environment and provides all DR orchestration, all via a SaaS solution, to regain access and functionality to the IT infrastructure after a disaster. Data protection as a service can be deployed in public cloud, private cloud and hybrid cloud in large enterprises and SMBs which can be used in various industries such as banking, financial services and insurance ( BFSI), telecommunications and IT, government and public sector, healthcare, retail, energy and utilities, manufacturing, other.

North America was the largest region in the Data Protection as a Service (DPaaS) market in 2021. Asia-Pacific is expected to be the fastest growing region during the forecast period. Regions covered in the Data Protection as a Service (DPaaS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, America South, the Middle East and Africa.

Growing concern over data loss and data security is propelling the demand for data protection as a service (DPaaS) market. Data loss refers to the loss of data due to internal issues such as system failure or external issues such as cyber attacks, etc. Companies around the world have recently become concerned about data security due to incidents of data loss and data leaks. For example, according to the report by Identity Theft Resource Center, a non-profit organization in the United States, the year 2021 saw 1,862 data breaches, compared to 1,108 data breaches in 2020. These breaches have increased concerns regarding data loss in companies. Hence, the growing concerns over data loss and data security are driving the growth of the data protection as a service market.

New technological advancements such as the integration of Internet of Things (IoT) and virtual private network (VPN) connected devices are shaping the data protection as a service (DPaaS) market. For example, in May 2021, GLobal Electronic-SECurity (GLESEC), a cybersecurity company, announced the launch of its new orchestrated data leak detection and protection service. This security as a service offers a unique offer of detection and protection of data leaks without the need to classify all the information of the company. With this service, the company would meet the need of the security requirements of the organization.

Scope

Covered markets:

1) By type of service: disaster recovery as a service; Backup as a service; Storage as a Service

2) By company size: large company; SME

3) By deployment mode: public cloud; Private cloud; hybrid cloud

4) By sector: Banking, financial services and insurance (BFSI); Telecom & IT; Government and public sector; Health care; Detail; energy and utilities; Manufacturing; Other industries

Main topics covered:

1. Summary

2. Characteristics of the data protection as a service market

3. Data Protection as a Service Market Trends and Strategies

4. Impact of COVID-19 on Data Protection as a Service

5. Data Protection as a Services Market Size and Growth

6. Data Protection as a Service Market Segmentation

7. Regional and Country Analysis of Data Protection as a Service Market

8. Asia Pacific Data Protection as a Service Market

9. China Data Protection as a Service Market

10. India Data Protection as a Service Market

11. Japan Data Protection as a Service Market

12. Australia Data Protection as a Service Market

13. Data Protection as a Service Market in Indonesia

14. Data Protection as a Service Market in South Korea

15. Data Protection as a Service Market in Western Europe

16. UK Data Protection as a Service Market

17. Germany Data Protection as a Service Market

18. France Data Protection as a Service Market

19. Data Protection as a Service Market in Eastern Europe

20. Russia Data Protection as a Service Market

21. North America Data Protection as a Service Market

22. US Data Protection as a Service Market

23. South America Data Protection as a Service Market

24. Brazil Data Protection as a Service Market

25. Middle East Data Protection as a Service Market

26. Data Protection in Africa as a Service Market

27. Data Protection as a Service Market Competitive Landscape and Company Profiles

28. Key mergers and acquisitions in the data protection as a service market

29. Data Protection as a Service Market Future Outlook and Potential Analysis

30. Annex

Companies cited

  • IBM Corporation

  • Amazon Web Services

  • Hewlett-Packard Development Corporation

  • Safe systems

  • vmware

  • quantum society

  • Asigra

  • EMC Corporation

  • Dell

  • Veritas Technologies

  • Commvault

  • Quest Software Inc.

  • NxtGen Datacenter & Cloud Technologies Pvt. ltd.

  • Hitachi Vantara Corporation

  • Atos SE

For more information about this report visit https://www.researchandmarkets.com/r/9pve2s