Data Protection as a Service Market Scope and Analysis by 2027
Data Protection as a Service Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 34.25 Billion |
Market Size by 2031 | US$ 264.27 Billion |
Global CAGR (2023 - 2031) | 29.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Deployment
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Data Protection as a Service Market News and Recent Developments
The data protection as a service market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- Cohesity, a leader in AI-powered data security and management, and Veritas, a leader in secure multi-cloud data resilience, today are announcing their definitive agreement under which Cohesity intends to combine with Veritas’ data protection business, which will be carved out of Veritas, to create a new leader in data security and management. Customers will benefit from the accelerated innovations unlocked by the joint company’s scaled R&D investment, its unwavering support for customer success, and one of the industry’s most extensive partner ecosystems.
(Source: Veritas Technologies LLC, Press Release, 2024)
- Veeam® Software, the #1 leader by market share in Data Protection and Ransomware Recovery, today announced the new Veeam Data Cloud, which is built on Microsoft Azure and delivers the confidence and reliability of the industry’s leading platform with the ease and accessibility of a cloud service. Today, Veeam Data Cloud provides backup-as-a-service (BaaS) for Microsoft 365 and Microsoft Azure, enabling radical resilience and leveraging powerful data protection and security technology within a simple, seamless user experience.
(Source: Veeam® Software, Press Release, 2024)
Data Protection as a Service Market Report Coverage and Deliverables
The “Data Protection as a Service Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles