info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)
Certified Global Research Member
Isomar 1 Iso 1
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Data Protection as a Service Market Research Report By Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), By Service Type (Backup as a Service, Disaster Recovery as a Service, Archiving as a Service, Storage as a Service), By End User (Small and Medium Enterprises, Large Enterprises, Government), By Industry Vertical (Healthcare, Retail, Financial Services, Education) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa)-Forecast to 2035


ID: MRFR/ICT/5949-CR | 200 Pages | Author: Aarti Dhapte| April 2025

Global Data Protection as a Service Market Overview


As per MRFR analysis, the Data Protection as a Service Market Size was estimated at 6.56 (USD Billion) in 2023. The Data Protection as a Service Market Industry is expected to grow from 7.33(USD Billion) in 2024 to 25 (USD Billion) by 2035. The Data Protection as a Service Market CAGR (growth rate) is expected to be around 11.79% during the forecast period (2025 2035).


Key Data Protection as a Service Market Trends Highlighted


Global Data Protection as a Service Driven mostly by rising data breaches and more rigorous data protection laws across many areas, the Data Protection as a Service Market is now seeing notable changes. Companies all over are becoming more conscious of the need to protect sensitive information, which is driving an increasing need for strong data security measures.

The growing frequency of cyber assaults and ransomware has driven many companies to implement thorough data management and backup plans, hence promoting the expansion of the industry. Among the possibilities to be investigated is the incorporation of innovative technologies, like artificial intelligence and machine learning, into data security services.


 By improving threat detection and response times, these technologies can make data security more initiative-taking and dynamic. There is also a possibility of boosting market offers to small and medium-sized businesses (SMEs), who are increasingly looking for affordable data solutions to follow the rules and safeguard their digital assets. Recent developments also draw attention to a change toward cloud-based data protection services as companies all around are relocating their activities to the cloud.

This change not only optimizes expenses related to conventional data management solutions but also offers scalability and flexibility. The growing use of hybrid and multi-cloud settings presents a special chance for service providers to create and customize solutions that fit particular client requirements.Moreover, when laws like GDPR in Europe and CCPA in California change, more attention is being paid to solutions that enable compliance while guaranteeing worldwide data integrity and security.


Global Data Protection as a Service Market Overview


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Data Protection as a Service Market Drivers


Increasing Cyber Threats and Data Breaches


One of the most notable forces for the Data Protection as a Service Market Industry has been the rise in cyber threats and data breaches. Cybersecurity Ventures forecasts that by 2025, the worldwide cost of cybercrime will be 10.5 trillion USD yearly. Many companies are forced to spend significantly on data security systems as institutions like the European Union Aviation Safety Agency underline the dangers inherent in digital changes.


 Major companies like IBM and Microsoft are always improving their data protection offerings to provide strong security, which directly links to the expected market expansion. This increasing need for thorough data security motivates companies to implement Data Security as a Service solution, therefore enlarging the Data Protection as a Service Market.


Regulatory Compliance and Data Privacy Laws


A major engine for the Data Protection as a Service Market Industry is the worldwide adoption of rigorous regulatory compliance and data privacy rules. The International Association of Privacy Professionals estimates that around 65% of U.S. businesses saw more regulatory pressure in 2022. Regulations such as the General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA) set rigorous standards for data management policies. 

Google and Amazon, for example, have created sophisticated compliance tools in their data protection services to help them fulfill these responsibilities. The need for Data Protection as a Service is growing as companies look for answers to follow such rules.


Growing Adoption of Cloud Solutions


The Data Protection as a Service Market Industry is being driven most by the rising use of cloud computing solutions across many industries. A Cloud Industry Forum study found that in 2023, almost 94% of UK businesses said they used cloud services in some form. Major cloud providers such as Microsoft Azure and Amazon Web Services are progressively including data protection features into their products, hence enabling companies to secure their data in cloud settings more effectively.This trend emphasizes the increasing dependence on cloud solutions, thereby increasing the need for Data Protection as a Service to protect sensitive data kept in the cloud.


Rising Demand for Business Continuity and Disaster Recovery Solutions


The need for disaster recovery and business continuity solutions is a major driver of the Data Protection as a Service Market Industry development as companies see the need for continuity planning. Nearly 40% of small enterprises, according to the Federal Emergency Management Agency, do not reopen after a catastrophe, hence stressing the urgent requirement for efficient data recovery plans.

The Data Protection as a Service industry grows as businesses look to trustworthy backup and recovery solutions from Veeam and Veritas, among other known suppliers.Growing knowledge of the possible financial losses from data unavailability is driving companies to look for strong solutions, hence driving market expansion.


Data Protection as a Service Market Segment Insights


Data Protection as a Service Market Deployment Model Insights


The Deployment Model segment of the Data Protection as a Service Market showcases a diversification in data protection solutions, which have gained significant traction in recent years. By 2024, the overall market is expected to have a valuation of approximately 7.33 USD Billion, with the Deployment Model leading the way in adapting to businesses’ data protection needs. Key sub-divisions within this segment include Public Cloud, Private Cloud, and Hybrid Cloud, each catering to varying levels of data security, management control, and budgetary constraints among organizations.

The Public Cloud segment is projected to achieve a valuation of 3.0 USD Billion in 2024, reaching roughly 10.5 USD Billion by 2035. The Public Cloud's growth can be attributed to its scalability, cost-effectiveness, and ease of access, enabling numerous organizations to adopt it for their data protection requirements. The Private Cloud segment is estimated to hold a value of 2.0 USD Billion in 2024, expanding to 7.5 USD Billion in 2035. This option offers enhanced security controls and compliance capabilities, making it suitable for enterprises with sensitive data and strict regulatory requirements.

Lastly, the Hybrid Cloud segment, valued at 2.33 USD Billion in 2024 and expected to increase to 7.0 USD Billion by 2035, provides organizations with a balanced approach, allowing them to manage data across both on-premises and cloud environments. This flexibility is critical in today’s fast-paced digital landscape, enabling businesses to customize their solutions according to specific operational needs while leveraging the benefits of both Public and Private Clouds. Therefore, the Deployment Model segment is crucial within the Data Protection as a Service Market, emphasizing the need for adaptive, efficient, and effective data protection strategies that cater to diverse enterprise demands and regulatory landscapes globally.

Factors such as increasing data breaches, regulatory pressures, and the growing volume of data generated provide numerous opportunities for market growth across these Deployment Models.


Data Protection as a Service Market Segment Insights


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Data Protection as a Service Market Service Type Insights


The Data Protection as a Service Market is projected to be valued at 7.33 billion USD by 2024, expanding significantly as businesses increasingly prioritize data security and management. Service Type segmentation reveals a variety of offerings, including Backup as a Service, Disaster Recovery as a Service, Archiving as a Service, and Storage as a Service. Amidst the rising concerns of data loss and system failures, Backup as a Service is becoming a critical area for organizations to ensure data integrity and facilitate quick recovery. Disaster Recovery as a Service provides essential solutions for businesses to maintain operational continuity during unforeseen events, showcasing its growing significance in the market.

Meanwhile, Archiving as a Service plays a vital role in compliance and data retention practices, which are essential in industries with stringent regulatory requirements. Storage as a Service is also gaining traction as organizations opt for flexible storage solutions to manage their data volumes efficiently. The broader Data Protection as a Service Market industry is benefiting from increasing digital transformation efforts and advancements in cloud technology, driving market growth and adding to the demand for these service types.


Data Protection as a Service Market End User Insights


The Data Protection as a Service Market is witnessing significant growth, with projected revenue reaching 7.33 billion USD by 2024 and further expanding to 25.0 billion USD by 2035. This market is primarily segmented into three distinct End User categories: Small and Medium Enterprises, Large Enterprises, and Government entities. Small and Medium Enterprises are increasingly adopting data protection services due to cost-effectiveness and the necessity of safeguarding sensitive information in a competitive landscape. Large Enterprises, on the other hand, often dominate in terms of market share due to their complex data requirements and substantial budgets for advanced data protection solutions.

The Government sector plays a pivotal role as well, focusing on the need for compliance with strict regulations and maintaining public trust through responsible data management. These segments reflect critical aspects of the Data Protection as a Service Market industry, where demand is driven by the rising incidents of cyber threats and the need for reliable data integrity solutions. The market trends indicate a strong shift towards cloud-based solutions, enhancing the accessibility and security of data across various industries.


Data Protection as a Service Market Industry Vertical Insights


The Data Protection as a Service Market is poised for significant growth, with projected revenue reaching 7.33 USD Billion in 2024 and expanding to 25.0 USD Billion by 2035. This market is characterized by its diverse Industry Vertical segmentation, including sectors such as Healthcare, Retail, Financial Services, and Education. Each of these segments plays a critical role in shaping market dynamics. In the Healthcare sector, stringent compliance regulations and the need for secure patient data management drive demand for data protection solutions.

The Retail segment capitalizes on the growing need for safeguarding customer information amidst increasing cyber threats. Financial Services, given its reliance on confidential data handling, presents a substantial opportunity for robust data protection strategies. Education also emphasizes the importance of securing personal and academic records, especially with the rise of online learning. Collectively, these sectors significantly contribute to the Data Protection as a Service Market's robust growth trajectory, driven by the rising investment in cybersecurity measures and a heightened awareness of data privacy across the globe.


Data Protection as a Service Market Regional Insights


The Data Protection as a Service Market is projected to achieve significant growth, with regional segmentation showcasing diverse dynamics across various areas. In 2024, North America is expected to dominate the market with a valuation of 2.5 USD Billion, growing to 9.0 USD Billion by 2035, reflecting the region's advanced technological infrastructure and a high demand for data security solutions. Europe is also substantial, with a market value estimated at 1.8 USD Billion in 2024 and anticipated to reach 6.5 USD Billion by 2035, driven by stringent data protection regulations such as the General Data Protection Regulation.

The APAC region follows closely, valued at 2.0 USD Billion in 2024 and projected to reach 7.5 USD Billion by 2035, fueled by rapid digital transformation and the increasing adoption of cloud services. South America, despite a smaller share, demonstrates growth potential with a current valuation of 0.5 USD Billion expected to increase to 1.8 USD Billion. Meanwhile, the Middle East and Africa (MEA) market is estimated at 0.53 USD Billion in 2024 and expected to grow to 1.2 USD Billion, as organizations focus on compliance and robust data protection amid rising cyber threats.

The overall market growth is influenced by factors including increased data breaches, regulatory compliance requirements, and the need for scalable data protection solutions, making regional insights crucial for understanding market trends.


Data Protection as a Service Market Regional Insights


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Data Protection as a Service Market Key Players and Competitive Insights


The Data Protection as a Service Market has become increasingly competitive, driven by the growing demand for robust data protection solutions among organizations of all sizes. With the rising frequency of cyber threats, data breaches, and regulatory compliance requirements, businesses are recognizing the critical importance of safeguarding their sensitive information. As a result, the market has seen a surge in the number of service providers offering diverse data protection solutions in various delivery models.

Competitive insights within this market reveal a dynamic landscape characterized by product innovation, strategic partnerships, and an emphasis on enhanced customer experience. Companies are continuously evolving their offerings to address the unique needs of their clientele, which often include enterprises facing complex data management and retention challenges.

IBM holds a prominent position in the Data Protection as a Service Market, recognized for its comprehensive suite of data protection solutions. With a strong global presence, the company leverages its extensive industry expertise, technological advancements, and a commitment to security to offer innovative data protection services. The strengths of IBM in this market include its robust cloud infrastructure, advanced analytics capabilities, and support for hybrid cloud environments, which enable organizations to efficiently manage, protect, and recover their data. IBM's focus on integrating artificial intelligence and automation into its services enhances its competitive advantage by offering customers proactive insights and streamlined data management processes. As a result, IBM attracts a broad spectrum of clients looking for reliable and scalable data protection solutions.

Veritas Technologies is another key player in the Data Protection as a Service Market, known for its comprehensive data management and protection solutions. The company has established a strong foothold globally, providing organizations with services that encompass backup, recovery, and archiving of data. Veritas Technologies' strengths lie in its core offerings, such as Veritas NetBackup, which enables businesses to protect their critical data across various environments.

Additionally, the company has a reputation for delivering high-performance, scalable, and flexible solutions that can meet the evolving demands of enterprises. Veritas has pursued strategic partnerships and acquisitions to bolster its market presence, ensuring that it remains at the forefront of innovation in data protection. The company’s focus on developing solutions that support cloud, virtual, and on-premises environments positions it as a trusted partner for businesses seeking comprehensive data protection services across the globe.


Key Companies in the Data Protection as a Service Market Include



  • IBM

  • Veritas Technologies

  • Commvault

  • Druva

  • NetApp

  • Veeam Software

  • Amazon Web Services

  • Microsoft

  • Acronis

  • Zerto

  • Cohesity

  • Hyland

  • Rubrik

  • Carbonite

  • Arcserve


Data Protection as a Service Market Industry Developments


The Data Protection as a Service Market has seen significant developments in recent months, primarily driven by increasing regulatory compliance, data breaches, and the shift towards remote work solutions. Companies such as IBM, Microsoft, Amazon Web Services, and Commvault continue to enhance their service offerings to meet the demand for secure and scalable data protection solutions. Notably, in September 2023, Cohesity announced its acquisition of a data security firm to bolster its features in ransomware protection and threat detection, aligning with industry trends toward more proactive security measures.

Additionally, in July 2023, Veeam Software reported a substantial increase in its market valuation following its partnership with major cloud service providers, enhancing its visibility in the Global Data Protection arena. In the previous years, Druva and Rubrik have also expanded their market presence through strategic partnerships and product innovations aimed at reducing downtime and ensuring data integrity. These developments highlight the continual evolution of the Data Protection as a Service Market, catering to an increasingly data-centric global economy while addressing pressing security concerns and regulatory pressures.


Data Protection as a Service Market Segmentation Insights



  • Data Protection as a Service Market Deployment Model Outlook

    • Public Cloud

    • Private Cloud

    • Hybrid Cloud





  • Data Protection as a Service Market Service Type Outlook

    • Backup as a Service

    • Disaster Recovery as a Service

    • Archiving as a Service

    • Storage as a Service





  • Data Protection as a Service Market End User Outlook

    • Small and Medium Enterprises

    • Large Enterprises

    • Government





  • Data Protection as a Service Market Industry Vertical Outlook

    • Healthcare

    • Retail

    • Financial Services

    • Education






  • Data Protection as a Service Market Regional Outlook




    • North America




    • Europe




    • South America




    • Asia Pacific




    • Middle East and Africa





Report Attribute/Metric Details
Market Size 2023 6.56(USD Billion)
Market Size 2024 7.33(USD Billion)
Market Size 2035 25.0(USD Billion)
Compound Annual Growth Rate (CAGR) 11.79% (2025 - 2035)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled IBM, Veritas Technologies, Commvault, Druva, NetApp, Veeam Software, Amazon Web Services, Microsoft, Acronis, Zerto, Cohesity, Hyland, Rubrik, Carbonite, Arcserve
Segments Covered Deployment Model, Service Type, End User, Industry Vertical, Regional
Key Market Opportunities Increased cloud adoption, Growing regulatory compliance needs, Rising data breach incidents, Demand for cost-effective solutions, Expansion in emerging markets
Key Market Dynamics increasing data breaches, regulatory compliance requirements, growing cloud adoption, demand for cost-effective solutions, need for business continuity
Countries Covered North America, Europe, APAC, South America, MEA


Frequently Asked Questions (FAQ) :

The Data Protection as a Service Market is expected to be valued at 7.33 USD Billion in 2024.

By 2035, the market is projected to reach a value of 25.0 USD Billion.

The market is expected to grow at a CAGR of 11.79% between 2025 and 2035.

North America will lead the market with a value of 2.5 USD Billion in 2024.

The Public Cloud segment is expected to be valued at 10.5 USD Billion by 2035.

The Private Cloud segment is expected to reach a value of 2.0 USD Billion in 2024.

Key players include IBM, Veritas Technologies, Commvault, Amazon Web Services, and Microsoft.

The Hybrid Cloud segment is expected to grow to a value of 7.0 USD Billion by 2035.

The APAC region is anticipated to have a market size of 2.0 USD Billion in 2024.

The South America region is projected to reach a market size of 1.8 USD Billion by 2035.

Leading companies partner with us for data-driven Insights.

clients

Kindly complete the form below to receive a free sample of this Report

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.
report-img