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Data Protection-as-a-Service Market Report by Service Type, Deployment Type, Organization Size, End Use Industry, and Region 2024-2032

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    Report

  • 150 Pages
  • August 2024
  • Region: Global
  • IMARC Group
  • ID: 5901403
Description Jump to:
The global data protection-as-a-service (DPaaS) market size reached US$ 32.7 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 234.0 Billion by 2032, exhibiting a growth rate (CAGR) of 24.44% during 2023-2032.

Data Protection-as-a-Service (DPaaS) refers to a cloud-assisted or web-based solution used for securing networks and protecting data assets. It is usually deployed with public, private and hybrid cloud systems and offers numerous services, such as Backup-as-a-Service (BaaS), Disaster Recovery-as-a-Service (DraaS) and Storage-as-a-Service (STaaS). These systems use virtualization tools, such as a virtual private network (VPN), firewalls and hypervisors, to remotely monitor the physical network of the organizations. They also facilitate long-term retention of archival data and quick recovery of the data-in-transit and data-at-rest.

Data Protection-as-a-Service Market Trends:

The increasing virtualization of information technology (IT) infrastructure across the globe represents one of the key factors driving the growth of the market. Furthermore, the widespread adoption of cloud computing and software-defined data centers is also driving the market growth. Cloud service providers are extensively using DPaaS for advanced data and network security for organizations. In line with this, the rising instances of data thefts and cybercrimes associated with hybrid clouds and portable devices and the increasing need for data backups and archives are also enhancing the adoption of efficient DPaaS solutions.

Additionally, various technological advancements, such as the integration of connected devices with the internet of things (IoT) and virtual private network (VPN), are acting as other major growth-inducing factors. DPaaS is installed on IoT-enabled devices to encrypt, store and secure large volumes of data generated by individuals and organizations with enhanced operational efficiency and data resiliency. Other factors, including significant improvements in the IT infrastructure, along with extensive research and development (R&D) activities, are anticipated to drive the market further.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global data protection-as-a-service (DPaaS) market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on service type, deployment type, organization size, and end use industry.

Breakup by Service Type:

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

Breakup by Deployment Type:

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

Breakup by Organization Size:

  • Large Enterprises
  • Small and Medium Enterprises

Breakup by End Use Industry:

  • BFSI
  • Healthcare
  • Government
  • IT and Telecom
  • Defense
  • Energy and Power
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Amazon Web Services, Inc. (Amazon.com), 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.

Key Questions Answered in This Report:

  • How has the global data protection-as-a-service (DPaaS) market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global data protection-as-a-service (DPaaS) market?
  • What are the key regional markets?
  • What is the breakup of the market based on the service type?
  • What is the breakup of the market based on the deployment type?
  • What is the breakup of the market based on the organization size?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global data protection-as-a-service (DPaaS) market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Data Protection-as-a-Service (DPaaS) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Service Type
6.1 Disaster Recovery as a Service (DRaaS)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Backup as a Service (BaaS)
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Storage as a Service (STaaS)
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Deployment Type
7.1 Public Cloud
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Private Cloud
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Hybrid Cloud
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Organization Size
8.1 Large Enterprises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Small and Medium Enterprises
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End Use Industry
9.1 BFSI
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Healthcare
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Government
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 IT and Telecom
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Defense
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Energy and Power
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Others
9.7.1 Market Trends
9.7.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Amazon Web Services, Inc. (Amazon.com)
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 SWOT Analysis
15.3.2 Asigra Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Cisco Systems Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Commvault Systems Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.5 Dell Technologies Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Hewlett Packard Enterprise Company
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 International Business Machines Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Quantum Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.9 Quest Software Inc.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Veritas Technologies LLC
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
List of Figures
Figure 1: Global: Data Protection-as-a-Service Market: Major Drivers and Challenges
Figure 2: Global: Data Protection-as-a-Service Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Data Protection-as-a-Service Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Data Protection-as-a-Service Market: Breakup by Service Type (in %), 2023
Figure 5: Global: Data Protection-as-a-Service Market: Breakup by Deployment Type (in %), 2023
Figure 6: Global: Data Protection-as-a-Service Market: Breakup by Organization Size (in %), 2023
Figure 7: Global: Data Protection-as-a-Service Market: Breakup by End Use Industry (in %), 2023
Figure 8: Global: Data Protection-as-a-Service Market: Breakup by Region (in %), 2023
Figure 9: Global: Data Protection-as-a-Service (Disaster Recovery as a Service (DRaaS)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Data Protection-as-a-Service (Disaster Recovery as a Service (DRaaS)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Data Protection-as-a-Service (Backup as a Service (BaaS)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Data Protection-as-a-Service (Backup as a Service (BaaS)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Data Protection-as-a-Service (Storage as a Service (STaaS)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Data Protection-as-a-Service (Storage as a Service (STaaS)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Data Protection-as-a-Service (Public Cloud) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Data Protection-as-a-Service (Public Cloud) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Data Protection-as-a-Service (Private Cloud) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Data Protection-as-a-Service (Private Cloud) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Data Protection-as-a-Service (Hybrid Cloud) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Data Protection-as-a-Service (Hybrid Cloud) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Data Protection-as-a-Service (Large Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Data Protection-as-a-Service (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Data Protection-as-a-Service (Small and Medium Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Data Protection-as-a-Service (Small and Medium Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Data Protection-as-a-Service (BFSI) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Data Protection-as-a-Service (BFSI) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Data Protection-as-a-Service (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Data Protection-as-a-Service (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Data Protection-as-a-Service (Government) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Data Protection-as-a-Service (Government) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Data Protection-as-a-Service (IT and Telecom) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Data Protection-as-a-Service (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Data Protection-as-a-Service (Defense) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Data Protection-as-a-Service (Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Data Protection-as-a-Service (Energy and Power) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Data Protection-as-a-Service (Energy and Power) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Data Protection-as-a-Service (Others) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Data Protection-as-a-Service (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: North America: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: United States: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: United States: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Canada: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Canada: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: North America: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Asia-Pacific: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: China: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: China: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Japan: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Japan: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: India: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: India: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: South Korea: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: South Korea: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Australia: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Australia: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Indonesia: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Indonesia: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Others: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Others: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Asia-Pacific: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Europe: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Germany: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Germany: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: France: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: France: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: United Kingdom: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: United Kingdom: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Italy: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Italy: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Spain: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Spain: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Russia: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Russia: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Others: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Others: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Europe: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Latin America: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Brazil: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Brazil: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Mexico: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Mexico: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Others: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Others: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Latin America: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Middle East and Africa: Data Protection-as-a-Service Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Middle East and Africa: Data Protection-as-a-Service Market: Breakup by Country (in %), 2023
Figure 87: Middle East and Africa: Data Protection-as-a-Service Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Global: Data Protection-as-a-Service Industry: SWOT Analysis
Figure 89: Global: Data Protection-as-a-Service Industry: Value Chain Analysis
Figure 90: Global: Data Protection-as-a-Service Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Data Protection-as-a-Service Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Data Protection-as-a-Service Market Forecast: Breakup by Service Type (in Million US$), 2024-2032
Table 3: Global: Data Protection-as-a-Service Market Forecast: Breakup by Deployment Type (in Million US$), 2024-2032
Table 4: Global: Data Protection-as-a-Service Market Forecast: Breakup by Organization Size (in Million US$), 2024-2032
Table 5: Global: Data Protection-as-a-Service Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
Table 6: Global: Data Protection-as-a-Service Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Data Protection-as-a-Service Market: Competitive Structure
Table 8: Global: Data Protection-as-a-Service Market: Key Players

Companies Mentioned

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

Methodology

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Table Information

Report AttributeDetails
No. of Pages150
PublishedAugust 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 32.7 Billion
Forecasted Market Value ( USD ) by 2032 $ 234 Billion
Compound Annual Growth Rate24.4%
Regions CoveredGlobal
No. of Companies Mentioned10

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