Press Release published by: https://www.alliedmarketresearch.com
Source URL: https://www.alliedmarketresearch.com/press-release/data-protection-as-a-service-market.html
Data Protection as a Service (DPaaS) Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $28,878 million by 2022, registering a CAGR of 31.5% during the period 2016-2022. Private cloud deployment model generated the largest DPaaS market share in 2015 while hybrid cloud sub-segment is expected to register fastest growth during the forecast period 2016-2022. North America is expected to be the largest market over the forecast period.
Calsoft Whitepaper: Proliferation Of Cloud Integrated Storage (CIS)
Increasing data loss concerns, rise in need for backups & archives, and governance, risk & compliance are expected to drive the growth of global data protection as a service market. In addition, increasing demand for cloud-based disaster recovery & backup for virtual machines and integration of backup & recovery services have increased significantly and are expected to provide lucrative opportunities for market growth. However, high costs and complexities in cloud deployment limit the DPaaS market growth.
The STaaS service type dominated the global market in 2015 due to. Furthermore, DRaaS is anticipated to grow at a CAGR of 32.6% during the forecast period owing to increased need to improve data security, protection of data in disaster, and assurance of seamless & continuous business operations.
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About Calsoft
Calsoft is a leading software product engineering services company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. www.calsoftinc.com
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