Global Data Protection as a Service Market Size study, by Service, by Deployment, by Enterprise Size, by End Use and Regional Forecasts 2022-2032

Description

The global data protection as a service (DPaaS) market was valued at USD 21.85 billion in 2023 and is anticipated to grow with a remarkable CAGR of 19.20% from 2024 to 2032, reaching an estimated USD 106.15 billion by 2032. DPaaS solutions have emerged as a critical component for businesses aiming to safeguard sensitive data, ensure regulatory compliance, and enhance resilience against evolving cybersecurity threats. The increasing adoption of cloud-based services and the rising incidence of data breaches are key drivers accelerating market growth.

The deployment of DPaaS solutions such as Disaster Recovery as a Service (DRaaS), Backup as a Service (BaaS), and Storage as a Service (STaaS) is gaining traction across industries due to their cost-effectiveness and scalability. Organizations are embracing these services to mitigate operational disruptions and enhance business continuity. Furthermore, stringent data protection regulations such as GDPR and the Data Protection Act are compelling businesses to adopt advanced data protection measures, further bolstering the market.

The rapid integration of artificial intelligence (AI) and machine learning (ML) technologies has enhanced DPaaS solutions, enabling predictive analytics and improved data security capabilities. Additionally, the growth of remote work and digital transformation initiatives has emphasized the need for robust and scalable data protection solutions.

North America dominated the global DPaaS market in 2023, accounting for the highest market share due to the presence of established cloud service providers, advanced IT infrastructure, and stringent regulatory frameworks. Meanwhile, the Asia Pacific region is expected to witness the fastest growth, driven by rapid digitalization, increasing cloud adoption, and supportive government initiatives.

Major market players included in this report are:

IBM Corporation
Amazon Web Services, Inc.
Hewlett Packard Enterprise Development LP
Dell Inc.
Cisco Systems, Inc.
Oracle
Broadcom
Commvault
Veritas Technologies LLC
Asigra Inc.

The detailed segments and sub-segments of the market are explained below:

By Service

Disaster Recovery as a Service (DRaaS)
Backup as a Service (BaaS)
Storage as a Service (STaaS)

By Deployment

Public Cloud
Private Cloud
Hybrid Cloud

By Enterprise Size

Small and Medium-sized Enterprises (SMEs)
Large Enterprises

By End Use

Banking, Financial Services, and Insurance (BFSI)
Healthcare
IT and Telecom
Retail
Education
Manufacturing
Others

By Region:

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
Latin America
- Brazil
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Years Considered for the Study:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024 to 2032

Key Takeaways:

Market estimates and forecasts for 2022-2032.
Regional and country-level analysis for major market segments.
Competitive landscape and insights into market dynamics.
Identification of key drivers, challenges, and opportunities shaping the market.

Chapter 1. Global Data Protection as a Service (DPaaS) Market Executive Summary

1.1. Global Data Protection as a Service Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Service
- 1.3.2. By Deployment
- 1.3.3. By Enterprise Size
- 1.3.4. By End Use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Data Protection as a Service Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Data Protection as a Service Market Dynamics

3.1. Market Drivers
- 3.1.1. Growing Adoption of Cloud-Based Technologies
- 3.1.2. Increasing Incidents of Cyberattacks
- 3.1.3. Stringent Data Protection Regulations
3.2. Market Challenges
- 3.2.1. High Costs of Implementation
- 3.2.2. Complexity in Cloud Deployment
3.3. Market Opportunities
- 3.3.1. Advancements in Artificial Intelligence and Machine Learning
- 3.3.2. Expanding Digitalization Across Emerging Markets
- 3.3.3. Increasing Demand for Hybrid Cloud Solutions

Chapter 4. Global Data Protection as a Service Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Data Protection as a Service Market Size & Forecasts by Service (2022-2032)

5.1. Segment Dashboard
5.2. Global Data Protection as a Service Market: Service Revenue Trend Analysis, 2022-2032 (USD Million)
- 5.2.1. Disaster Recovery as a Service (DRaaS)
- 5.2.2. Backup as a Service (BaaS)
- 5.2.3. Storage as a Service (STaaS)

Chapter 6. Global Data Protection as a Service Market Size & Forecasts by Deployment (2022-2032)

6.1. Segment Dashboard
6.2. Global Data Protection as a Service Market: Deployment Revenue Trend Analysis, 2022-2032 (USD Million)
- 6.2.1. Public Cloud
- 6.2.2. Private Cloud
- 6.2.3. Hybrid Cloud

Chapter 7. Global Data Protection as a Service Market Size & Forecasts by Enterprise Size (2022-2032)

7.1. Segment Dashboard
7.2. Global Data Protection as a Service Market: Enterprise Size Revenue Trend Analysis, 2022-2032 (USD Million)
- 7.2.1. Small and Medium-sized Enterprises (SMEs)
- 7.2.2. Large Enterprises

Chapter 8. Global Data Protection as a Service Market Size & Forecasts by End Use (2022-2032)

8.1. Segment Dashboard
8.2. Global Data Protection as a Service Market: End Use Revenue Trend Analysis, 2022-2032 (USD Million)
- 8.2.1. Banking, Financial Services, and Insurance (BFSI)
- 8.2.2. Healthcare
- 8.2.3. IT and Telecom
- 8.2.4. Retail
- 8.2.5. Education
- 8.2.6. Manufacturing
- 8.2.7. Others

Chapter 9. Global Data Protection as a Service Market Size & Forecasts by Region (2022-2032)

9.1. North America
- 9.1.1. U.S. Data Protection as a Service Market
- 9.1.2. Canada Data Protection as a Service Market
- 9.1.3. Mexico Data Protection as a Service Market
9.2. Europe
- 9.2.1. UK Data Protection as a Service Market
- 9.2.2. Germany Data Protection as a Service Market
- 9.2.3. France Data Protection as a Service Market
9.3. Asia Pacific
- 9.3.1. Japan Data Protection as a Service Market
- 9.3.2. China Data Protection as a Service Market
- 9.3.3. India Data Protection as a Service Market
- 9.3.4. Australia Data Protection as a Service Market
- 9.3.5. South Korea Data Protection as a Service Market
9.4. Latin America
- 9.4.1. Brazil Data Protection as a Service Market
9.5. Middle East & Africa
- 9.5.1. South Africa Data Protection as a Service Market
- 9.5.2. Saudi Arabia Data Protection as a Service Market
- 9.5.3. UAE Data Protection as a Service Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. IBM Corporation
- 10.1.2. Amazon Web Services, Inc.
- 10.1.3. Hewlett Packard Enterprise Development LP
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. IBM Corporation
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Amazon Web Services, Inc.
- 10.3.3. Hewlett Packard Enterprise Development LP
- 10.3.4. Dell Inc.
- 10.3.5. Cisco Systems, Inc.
- 10.3.6. Oracle
- 10.3.7. Broadcom
- 10.3.8. Commvault
- 10.3.9. Veritas Technologies LLC
- 10.3.10. Asigra Inc.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes