Worldwide Data Protection as a Service Forecast, 2023-2027: Strong Momentum

This IDC study provides an update to the data protection as a service (DPaaS) market for 2023-2027. It includes details about backup as a service, disaster recovery as a service, archive as a service, and cyber-recovery as a service, such as market segment growth rates, regional growth rates, and market segment components."Data protection as a service remains a very important route to market for data protection software vendors," said Phil Goodwin, research vice president, Infrastructure Systems, Platforms, and Technologies Group, IDC. "In some cases, this is data protection software vendors selling directly using DPaaS solutions, and in other cases is it via cloud services providers. Either way, it represents that fastest-growing consumption model and opportunity in the data protection market."