Current and Future Industry Trends of Data Protection as a Service Market, 2016-2022
Summary
North America is the most lucrative market as compared to others with diverse industry verticals implementing DPaaS at a greater extent.In addition, Asia-Pacific is estimated to grow at the fastest pace owing to heavy investments by the governments into infrastructural activities for effective data protection.Key Findings of Data Protection as a Service Market: • Private cloud deployment model is expected to exhibit a significant growth in the DPaaS industry • STaaS generated the highest revenue among other service types pertaining to reduced data storage costs and increased implementation by SMEs • Large enterprises dominate the global DPaaS market followed by SMEs • Asia-Pacific is projected to exhibit a substantial growth during the forecast period The key players in the global DPaaS market include IBM Corporation, Amazon Web Services, Inc., HP Development Company, L.P., Commvault Systems, Inc., EMC Corporation, VMware, Inc., Quantum Corporation, Asigra, Inc., Veritas Technologies, and Cisco Systems.Furthermore, DRaaS is anticipated to grow at a CAGR of 32.6% during the forecast period owing to increased need to improve data security, protection of data in disaster, and assurance of seamless & continuous business operations.Large enterprises are the leading end users in the market and are projected to continue their dominance over the forecast period.In addition, Asia-Pacific is estimated to grow at the fastest pace owing to heavy investments by the governments into infrastructural activities for effective data protection.Key Findings of Data Protection as a Service Market:• Private cloud deployment model is expected to exhibit a significant growth in the DPaaS industry• STaaS generated the highest revenue among other service types pertaining to reduced data storage costs and increased implementation by SMEs• Large enterprises dominate the global DPaaS market followed by SMEs• Asia-Pacific is projected to exhibit a substantial growth during the forecast periodThe key players in the global DPaaS market include IBM Corporation, Amazon Web Services, Inc., HP Development Company, L.P., Commvault Systems, Inc., EMC Corporation, VMware, Inc., Quantum Corporation, Asigra, Inc., Veritas Technologies, and Cisco Systems.Read more: https://www.alliedmarketresearch.com/data-protection-as-a-service-market Contact Information Allied Market Research Dhananjay Potle 503 894 6022 http://www.alliedmarketresearch.com/ 5933 NE Win Sivers Drive, #205, Portland, OR 97220 United States Toll Free: +1 (855) 711-1555 (U.S. & Canada) Fax: +1 (855) 550-5975 Click here to view the list of recent Press Releases from Allied Market Research Promote Your Business Press Release Pricing Email this page to a friend