Authored By: Sarah
22 Sep 2021

Data Protection As A Service Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Market Growth and Forecasts for 2021-2025

Data protection as a service market is set to post an incremental growth of $ 20.69 bn during 2021-2025. The market will decelerate at a CAGR of  29.37% during the forecast period. Our analysts provide a detailed understanding of the market focusing on the latest trends, and drivers that are likely to impact growth. This analysis will enable business leaders to strategize and plan for further growth of their business.


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Data Protection As A Service Market: Market Segments and Key Trends

The Data protection as a service market is segmented by Application (STaaS, BaaS, and DRaaS) and Geography (North America, Europe, APAC, South America, and MEA). North America led the market with 36% of the market growth set to originate from this region during the forecast period. Possibilities of failure during implementation is one of the challenges that will need to be overcome to drive growth. The research report provides market share projections of each segment along with a detailed analysis of all the factors that are likely to boost growth within specific regions as well as global markets.

Data Protection As A Service Market: What are the Growth Drivers?

One of the primary factors that will drive market growth is the increasing demand to shift from capex to opex model. The data protection as a service market report provides an understanding of this and all the other drivers that are likely to impact market growth. These insights will enable clients to design growth strategies that will leverage opportunities and neutralize challenges effectively.

Data Protection As A Service Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Data Protection As A Service Market: Vendor Analysis

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Acronis International GmbH, Amazon.com Inc., Asigra Inc., Backblaze Inc., Broadcom Inc., Commvault Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., and Veritas Technologies LLC are some of the major market participants.

For more insights on this market: Download a Free Sample Report

Data Protection As A Service Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive data protection as a service market growth during the next five years
  • Precise estimation of the data protection as a service market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the data protection as a service market industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of data protection as a service market vendors

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is decelerate at a CAGR of 29.37%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 20.69 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Increasing demand to shift from CAPEX to OPEX model will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    36% growth will originate from North America

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Acronis International GmbH, Amazon.com Inc., Asigra Inc., Backblaze Inc., Broadcom Inc., Commvault Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., and Veritas Technologies LLC

     
  7. What are the market segments covered in this report?
    The market is segmented by Application (STaaS, BaaS, and DRaaS) and Geography (North America, Europe, APAC, South America, and MEA)

Data Protection as a Service: Top Drivers that will Enable COVID-19 Recovery

Growth Drivers and Market Forecast for 2021-2025

The Data Protection As A Service Market is projected to post an incremental growth of $ 20.69 bn, at a CAGR of 29.37% till 2025. This research report provides detailed insights into growth drivers that are likely to boost the market. It also provides an analysis of all the segments, trends and challenges that are expected to impact the market in focus. This research will thus equip business leaders with data and insights necessary for designing future ready strategies for growth and development.


Request for our free sample report to get a glimpse into our exhaustive research and analysis: Download FREE Sample Report


Data Protection As A Service Market: Top Drivers for Growth

One of the key factors that will drive growth is Increasing demand to shift from CAPEX to OPEX model. This research report provides a comprehensive analysis of this and all the other factors that will boost growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. Our analysis is designed to empower clients with actionable insights that will help them leverage growth opportunities and formulate winning strategies to drive their business further.

Data Protection As A Service Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Data Protection As A Service Market: Segments and Geographical Regions

This report provides a detailed analysis of the market by Application (STaaS, BaaS, and DRaaS) and Geography (North America, Europe, APAC, South America, and MEA). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Request our Free Sample Report 

Data Protection As A Service Market: Acronis International GmbH, Amazon.com Inc., Asigra Inc., Backblaze Inc., Broadcom Inc., Commvault Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., and Veritas Technologies LLC are some of the leading competitors

The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. Marke players must distinguish their product and service offerings through a clear and unique value proposition to prosper in this competitive market.  Acronis International GmbH, Amazon.com Inc., Asigra Inc., Backblaze Inc., Broadcom Inc., Commvault Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., and Veritas Technologies LLC are some of the major market participants. The report offers a detailed analysis of each of the above-listed vendors and their product portfolio.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is decelerate at a CAGR of 29.37%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 20.69 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Increasing demand to shift from CAPEX to OPEX model will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    36% growth will originate from North America
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Acronis International GmbH, Amazon.com Inc., Asigra Inc., Backblaze Inc., Broadcom Inc., Commvault Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., and Veritas Technologies LLC
     
  7. What are the market segments covered in this report?
    The market is segmented by Application (STaaS, BaaS, and DRaaS) and Geography (North America, Europe, APAC, South America, and MEA)

Data Protection As A Service Market | Leading Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025

The data protection as a service market is expected to grow by $ 20.69 bn, decelerating at a CAGR of almost 29.37% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


For a snapshot of our exhaustive research analysis and insights:  Request for Our Free Sample Report


Data Protection As A Service Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years. 

  • Market is segmented Application (STaaS, BaaS, and DRaaS) and Geography (North America, Europe, APAC, South America, and MEA). 
  • 36% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Data Protection As A Service Market size. 

Data Protection As A Service Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

  • Increasing demand to shift from CAPEX to OPEX model will be a significant factor in driving the growth of the Data Protection as a Service Market.
  • Growing need to simplify solutions for backup will be instrumental in driving the market growth during the forecast period.
  • Possibilities of failure during implementation is a hurdle that needs to be crossed on the path to success.

Data Protection As A Service Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Data Protection As A Service Market: Vendor Analysis

  • The market is fragmented.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • Acronis International GmbH, Amazon.com Inc., Asigra Inc., Backblaze Inc., Broadcom Inc., Commvault Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., and Veritas Technologies LLC are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is decelerate at a CAGR of 29.37%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 20.69 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Increasing demand to shift from CAPEX to OPEX model will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    36% growth will originate from North America

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Acronis International GmbH, Amazon.com Inc., Asigra Inc., Backblaze Inc., Broadcom Inc., Commvault Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., and Veritas Technologies LLC

     
  7. What are the market segments covered in this report?
    The market is segmented by Application (STaaS, BaaS, and DRaaS) and Geography (North America, Europe, APAC, South America, and MEA)
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