Data Protection as a Service Market Analysis, Challenges, Growth and Forecast By 2030

Data protection as a service (DPaaS) is a cloud-based or web-delivered service for protecting data assets. Data protection is a vital part of IT infrastructure. Adding security to typical application is a way to expand the business into new markets. DPaaS tools support the use of technologies like VPN to aid in remote work security. Virtualization of storage devices and servers is one of the major trends gaining traction in the overall DPaaS market. DPaaS restores data more quickly than tapes or offsite backup.

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Private Cloud is expected to dominate the market throughout the forecast.

The private cloud has greater data security and other advancements have revolutionized the deployment of DPaaS in these Enterprises. Private cloud implies that you manage the entire virtualization infrastructure from the componentry to the applications.

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Backup as a Service (Baas) is leading data protection as a service.

Backup as a service (BaaS) is an approach to backing up data that involves purchasing backup and recovery services from an online data backup provider. Instead of performing backup with a centralized, on-premises IT department, BaaS connects systems to a private, public or hybrid cloud managed by the outside provider. Backup as a service is easier to manage than other offsite services.

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North America was the leading regional market for data protection as a service.

North America is the most profitable market as compared to others with diverse industry verticals implementing DPaaS at a greater extent. To generate the highest market revenue over the forecast period with predominant deployments in the large enterprises. Asia-Pacific is estimated to grow at the fastest pace owing to heavy investments by the governments into infrastructural activities for effective data protection.

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This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as are IBM Corporation, Amazon Web Services, Inc., HP Development Company L.P. ,Commvault Systems, Inc., EMC Corporation,VMware, Inc. ,Quantum Corporation,Asigra, Inc. ,Veritas Technologies,Cisco Systems, HTC Corporation, Red Hat,Microsoft, Citrix , OneLogin, Infocom Corporation, IBM.