Data Protection as a Service Market - Lucrative Opportunuty Across Globe

Posted by RASHMI on May 16th, 2019

According to a new market report published by Transparency Market Research titled “Data Protection as a Service (DPaaS) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,”the global Data Protection as a Service (DPaaS) market is expected to reach US$ 74,174.9 Mn by 2026, expanding at a CAGR of 30.7% from 2018 to 2026.

North America held a prominent share of the Data Protection as a Service (DPaaS) market in 2017 and is projected to be at the forefront of global demand. Also, the Asia Pacific Data Protection as a Service (DPaaS) market is expected to expand at a significant CAGR.

DPaaS is a web-delivered or cloud-based service to protect data assets residing on the cloud. Enterprises generally utilize this service to build better security and enhance their network security for effective data management on the cloud. There is presently a rising need to reduce complexities in terms of large data volumes for application development.

PDF Brochure For Future Advancements @  https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11144 

DPaaS services help organizations look after these issues by providing cost-effective cloud services. It is a multi-tenant model which allows management of various services through a single portal. On its deployment, DPaaS seamlessly provides virtual machine capabilities for each and every server.

Major players operating in the global data protection as a service (DPaaS) market include Amazon Web Services, Inc., Dell EMC, Commvault Systems, Inc., Quantum Corporation, Asigra, Inc., Veritas Technologies, Acronis International GmbH, International Business Machines Corporation, Hewlett Packard Enterprise Company, and Carbonite, Inc.