Data Protection As A Service Market Size, Share, Growth Analysis, By Service Type(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 End Use(SMEs, Large Enterprise), By Region - Industry Forecast 2024-2031

The market for data protection as a service is extremely competitive due to the presence of major data protection, disaster recovery, and cloud storage suppliers, as well as managed service providers. The providers are constantly working to update existing features and create cutting-edge solutions. For instance, Hitachi Vantara LLC, a division of Hitachi Ltd., offered a DPaaS solution in April 2021 to help businesses increase their operating efficiencies. To provide businesses with a full suite of data protection solutions, the system can offer on-demand storage as a service.

Data Protection As A Service Market Top Player’s Company Profiles

• Amazon Web Services, Inc. (US) 
• Cisco Systems, Inc. (US) 
• Commvault Systems, Inc. (US) 
• Dell Inc. (US) 
• HP Development Company L.P. (US) 
• IBM (US) 
• Microsoft (US) 
• NetApp, Inc. (US) 
• Oracle (US) 
• Quantum Corporation (US) 
• Acronis International GmbH (Switzerland) 
• Carbonite, Inc. (US) 
• Veeam Software (Switzerland) 
• Barracuda Networks, Inc. (US) 
• Druva Inc. (US) 
• Zerto Ltd. (US) 
• SonicWall Inc. (US) 
• Infrascale, Inc. (US) 
• Actifio Inc. (US) 
• Datto, Inc. (US) 
• Cloudian, Inc. (US) 
• Iron Mountain Incorporated (US)

Data Protection As A Service Market Recent Development

• In February 2021, The Hitachi Virtual Storage Platform (VSP) E990 was made available by Hitachi Vantara. This is the new storage platform the supplier is offering to medium business clients. Business applications are accelerated by the low latency of the E990, while data deduplication assures lower storage costs. Additionally, Hitachi Vantara debuted Data Protection as a Service (DPaaS) and enhanced Storage as a Service features in 2021. (STaaS). To provide quick implementation, clear consumption-based pricing, and guaranteed service levels, the as-a-service products are pre-engineered and offered as fully managed services.
• In March 2021, The Auwau Cloutility software platform can now be integrated with both IBM Spectrum Protect and IBM Spectrum Protect Plus to provide data protection as a service. It can protect the data in their enterprise and provide data protection to enterprises around the world. Cloutility can transform your IT infrastructure into a utility-based consumption model that automates the business processes used for data protection, including everything from system setup to automatic billing.