Soaring Cloud Workload Diversifies Growth Scope in Data Protection as a Service (DPaaS) Market

ALBANY, US, 2019-Jan-22 — /EPR Network/ —

In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Data Protection as a Service (DPaaS) Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.

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In the wake of cloud technology ubiquity, protecting data assets remains a key concern amongst service providers. Owing to voluminous business data, migration of data on the cloud has gained significant traction, thereby increasing data vulnerability. Adoption of data protection solutions across industry verticals is expected to anchor growth in data protection as a service (DPaaS) market in forthcoming years.

Stringent regulatory framework overlooking IT security and digitization is yet another growth determinant in global data protection as a service (DPaaS) market. In its recently compiled research report titled, ‘Data Protection as a Service (DPaaS) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026’, Market Research Reports Search Engine (MRRSE) tracks recent market developments and evaluates their reciprocal implications on holistic growth curve of DPaaS market.

Leading service providers tend to divert ample resources to offer cost efficient data protection tools besides offering improved performance to limit instances of data loss or breach. Industry veterans are reliant on collaborative operations to optimize their DPaaS platforms. In a recent development, market veterans Dell EMC and VMware have entered into joint agreement to offer tenant self-service DPaaS for VMware’s cloud provider, VCPP, thus allowing integrated data protection with superlative end-user experience.

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This research report on data protection as a service (DPaaS) tracks various milestones and developments that shape growth curve of DPaaS market. The report is a comprehensive compilation of ongoing market advances and developments that remain core deciding factors. The report commences with a descriptive market overview encompassing a crisp market definition as well as dynamics such as drivers, trends, threats, and challenges. Besides tracking dynamics, the report also lends veritable information on macro and microeconomic factors that determine the growth route. Aimed at offering readers with ample competitive advantage, this section of the report emphasizes on elaborate market segmentation based on which deployment model, services, enterprise, and industry are identified as core market segments. By deployment model, DPaaS market is split into public, private, and hybrid. By services DPaaS market is classified into DRaaS, BaaS, and STaaS. Large enterprises and SMEs are core end-users of data protection as a service (DPaaS) market. Some of the leading industries that have increasingly embraced DPaaS include, BFSI, telecom & IT, healthcare, and manufacturing amongst others.

Further in the course of the report, readers are also presented with ample insights on regional scope and expanse of DPaaS market, based on which Europe, North America, South America, Asia-Pacific, and Middle East and Africa are accounted as core regional belts.

Core research postulates enumerated in the report allow readers to identify core players in DPaaS market spectrum. Each of the players have been assessed and evaluated on core industrial parameters such as company overview, service portfolio, revenue contribution, as well as recent developments in terms of product innovations, mergers and acquisitions. Some of the leading data protection as a service (DPaaS) names enumerated in the report include, Dell EMC, Quantum, Asigra, Amazon Web Services, and Carbonite Inc. amongst others.

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