PUBLISHER: TechNavio | PRODUCT CODE: 1270840
PUBLISHER: TechNavio | PRODUCT CODE: 1270840
Technavio has been monitoring the data protection as a service market and is forecast to grow by USD 40198.28 mn during 2022-2027, accelerating at a CAGR of 34.12% during the forecast period. Our report on the data protection as a service market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in the adoption of DPaaS among various industries, a growing need to simplify solutions for backup, and recent development in DPaaS.
Technavio's data protection as a service market is segmented as below:
By Application
By Business
By Geographical Landscape
This study identifies the exponential growth in the volume of data as one of the prime reasons driving data protection as a service market growth during the next few years. Also, the increasing use of IoT and the rise in the number of cyber threats will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading data protection as a service market vendors that include Acronis International GmbH, Amazon.com Inc., Asigra Inc., Backblaze Inc., Barracuda Networks Inc., Broadcom Inc., Cohesity Inc., Commvault Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., Hornetsecurity Ltd., International Business Machines Corp., Kaseya Ltd., Microsoft Corp., Oracle Corp., Rubrik Inc., SolarWinds Corp., Veeam Software Group GmbH, Veritas Technologies LLC, and VMware Inc.. Also, the data protection as a service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
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