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Data protection as a service market 2021, industry trends, share, size, demand and future reach –

The global Data Protection as a Service (DPaaS) market has grown at a CAGR of approximately 27% during the period 2015-2020. Looking ahead, the market expects to continue its strong growth in the period 2021-2026, according to the latest report from IMARC Group.

Global Data Protection as a Service Market Trends

The increasing virtualization of information technology (IT) infrastructure, along with the widespread adoption of cloud computing and software-defined data centers, is primarily driving the growth of the market. In addition, many cloud service providers widely use DPaaS to provide advanced data and network security to organizations.

Additionally, the growing incidence of data theft and cybercrime is increasing the need for secure and efficient solutions for data backups and archives, thus propelling the DPaaS market. Additionally, the growing integration of connected devices with the Internet of Things (IoT) and VPN has enabled devices to encrypt, store and secure large volumes of data generated by individuals and organizations.

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Note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.

Data Protection as a Service (DPaaS) is a cloud-based or web-based solution used to secure networks and protect data assets. It is typically deployed with public, private, and hybrid cloud systems and offers various services, such as Backup as a Service (BaaS), Disaster Recovery as a Service (DraaS), and Storage as a Service. (STaaS). These systems use a variety of virtualization tools, including virtual private network (VPN), firewalls, and hypervisors, to remotely monitor and control organizations’ physical network. DPaaS also facilitates long-term retention of archival data and rapid recovery of data in transit and at rest.

Global Data Protection as a Service Market Analysis and Segmentation 2021-2026:

Competitive landscape:

The competitive landscape of the market has been studied in the report along with the detailed profiles of the major players operating in the market.

Amazon Web Services, Inc. (, Asigra Inc., Cisco Systems Inc., Commvault Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Company, International Business Machines Corporation, Quantum Corporation, Quest Software Inc. and Veritas Technologies LLC.

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The report has segmented the market on the basis of service type, deployment type, organization size, end user, and region.

Breakdown by type of service:

Disaster Recovery as a Service (DRaaS)
Backup as a service (BaaS)
Storage as a service (STaaS)

Breakdown by type of deployment:

Public cloud
Private clod
Hybrid cloud

Breakdown by organization size:

Large companies
Small and medium enterprises

Breakdown by end-use sector:

Health care
IT and telecom
Energy and power

Breakdown by region:

North America
Asia Pacific
Latin America
Middle East and Africa

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