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Data Protection as a Service Market to 2027- Global Analysis and Forecasts by Deployment Type, Organization Size and Service Type

Press release   •   Mar 02, 2019 15:27 IST

Data Protection as a Service Market

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global data protection as a service market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The data protection as a service market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Some of the leading players in Data Protection as a Service Market: 

  • Asigra Inc.
  • Acronis International GmbH
  • Commvault
  • Carbonite, Inc.
  • EMC Corporation
  • Hewlett Packard Enterprise Development LP
  • IBM Corporation
  • Quantum Corporation
  • Veritas Technologies LLC
  • VMware

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The data protection as a service is a cloud-based service which is used for the protection of data assets. It is a modern way used for the storage of large files with minimal time and reduces duplication of data. The critical data is stored in its natural format and facilitates easy recovery from any location irrespective of the need for dedicated or specific software. The data protection as a service market is being driven by factors such as a continuous rise in the number of small and medium enterprises and well-established companies; it resulted into a vast amount of data generation of the company, employees, and customers among others. Therefore, to protect valuable data, need for data protection as a service is growing substantially which is considered as one of the key driving factors. 

Moreover, increasing adoption of hybrid cloud computing among the large enterprises is anticipated to provide significant opportunities to the players operating in the Data Protection as a Service market. The global Data Protection as a Service market is segmented on the basis of deployment type, organization size, and application. Based on deployment type, the market is segmented into private, public, and hybrid cloud. On the basis of organization size, the data protection as a service market is segmented into SMEs and large enterprises. The data protection as a service market on the basis of the application is classified into backup as a service (BAAS), disaster recovery as a service (DRAAS), and storage as a service (STAAS).

The report analyzes factors affecting the data protection as a service market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the data protection as a service in these regions. The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the data protection as a service market. In addition, the report focuses on leading industry players with information such as company profiles, services offered, financial information of the last 3 years, the key development in the past five years.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.

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