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Data Protection as a Service Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR70804
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The data protection as a service market has the potential to grow by $ 20.69 bn during 2021-2025, and the market's growth momentum will decelerate at a CAGR of 29.37%.

The data protection as a service market report extensively covers market segmentations by Application (STaaS, BaaS, and DRaaS) and Geography (North America, Europe, APAC, South America, and MEA) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Data Protection As A Service Market Size be in 2021?

Data Protection as a Service Market Size

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Data Protection As A Service Market: Key Drivers and Trends

According to our research output, there has been a  impact on the market growth post COVID-19 era. Key drivers such as the increasing demand to shift from capex to opex model are notably supporting the data protection as a service market growth. However, one of the foremost factors impeding market growth is possibilities of failure during implementation. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This data protection as a service market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Data Protection As A Service Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

  • 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.
  • Veritas Technologies LLC

The data protection as a service market analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The data protection as a service market is fragmented and is expected to provide favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

The key vendor profiles include information on their production, sustainability, and growth prospects. Download a free sample of the data protection as a service market forecast report for insights on complete key vendor profiles.

Which are the Key Regions for Data Protection As A Service Market?

Data Protection as a Service Market Share by Geography

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36% of the market's growth will originate from North America during the forecast period. US, China, Germany, UK, and Japan are the key markets for data protection as a service market in North America.

North America has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in North America is growing need to simplify solutions for backup. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Application Segments in the Data Protection As A Service Market?

Data Protection as a Service Market Share by Application

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The data protection as a service market share growth by the __ segment has been significant. The data protection as a service market report provides comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the data protection as a service market size.

Data Protection As A Service Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 29.37%

Market growth 2021-2025

$ 20.69 billion

Market structure

Fragmented

YoY growth (%)

30.07

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 36%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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What are the Key Factors Covered in this Data Protection As A Service Market Report?

  • 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 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

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • STaaS - Market size and forecast 2020-2025
    • BaaS - Market size and forecast 2020-2025
    • DRaaS - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • 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.
      • Veritas Technologies LLC

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your sample now!
      Data Protection as a Service market growth will increase by $20690.61 million during 2020-2025.
      The data protection as a service market is expected to grow at a CAGR of 29.37% during 2020-2025.
      Technavio has segmented the data protection as a service market by application (STaaS, BaaS, and DRaaS) and geographic (North America, Europe, APAC, South America, and MEA).
      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., Veritas Technologies LLC are a few of the key vendors in the data protection as a service market.
      North America will register the highest growth rate of 35.75% among the other regions. Therefore, the data protection as a service market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the data protection as a service market growth are:
      • Increasing demand to shift from CAPEX to OPEX model
      The data protection as a service market vendors should focus on grabbing business opportunities from the staas segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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      • Detailed vendors report with competitive landscape
      • Covid-19 impact and recovery analysis
      • Data on revenue-generating market segments
      • Details on the market shares of various regions
      • Five-force market analysis

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