TECH SUPPLIER Aug 2021 - Market Forecast - Doc # US48097721

Worldwide Data Protection as a Service Forecast, 2021–2025

By: Andrew SmithResearch Manager, Cloud Infrastructure Services, Phil GoodwinResearch Vice President, Infrastructure Systems, Platforms and Technologies Group

Abstract

This IDC study provides an update to the data protection as a service (DPaaS) market for 2021–2025.

"The DPaaS market remains central to enterprise cloud, digital, and data management initiatives," said Andrew Smith, research manager, Cloud Infrastructure Services at IDC. "DPaaS solutions are extremely valuable to enterprises managing data and application sprawl across core and cloud environments, as well as mitigating the perpetual threat of cyberattacks and ransomware. This wide applicability of DPaaS solutions will result in double-digital annual growth throughout the forecast period, with the market reaching $18.4 billion by 2025."


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