DUBLIN--(BUSINESS WIRE)--The "Australia and New Zealand Data Protection as a Service Market to 2027 - Regional Analysis and Forecasts by Deployment; Organization Size; and Service Type" report has been added to ResearchAndMarkets.com's offering.
The Australia and New Zealand data protection as a service market accounted for US$ 159.2 Mn in 2018 and is expected to reach US$ 2244.8 Mn by 2027, thereby registering an attractive CAGR growth rate of 34.3% from 2019 to 2027.
Factors such as stringent data protection regulations for information security and increasing need for data backups and archives are propelling the growth of data protection as a service market. However, High incurrence of costs of data protection service is hindering the data protection as a service market growth to a certain extent.
Globally, organizations are investing in advanced technologies and solutions to upgrade businesses. They are driven by the factors which include growing new data streams, increase the need for storage, flexible IT consumption models, rising cyber security threats & compliance, among others. With the exponential data growth in the organization and deployment of advanced technology, there is a requirement of the data backup systems.
Also, for every data record or object created in the organization, it needs a backup system for operational data loss prevention, archiving for long term retention to ensure regulatory compliance, disaster recovery, and remote applications for business continuity. Therefore, in the organization, there is a continuous requirement for the data backups and archives, as the data loss can lead to revenue loss, lawsuits, privacy violations, and other setbacks. The implementation of data protection as a service would support organizations for data backup and archives, and it offers a unified approach to data protection and fast recovery & agile restoration.
Convergence is one of the key aspects that has developed the DPaaS industry. It comprises the software-defined storage, networking services, hardware abstraction, central orchestration, as well as, geographically distributed architecture that deliver the IT infrastructure, and make it effective and agile.
Further, for data backup and archive, data protection as a service can scale data integrity as well as retention of data for long periods, and this is important for the current organization for the protection of data. This is highly influencing the growth of data protection as a service market.
Key Topics Covered:
2. Key Takeaways
3. DPaaS Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 DPaaS Market - By Deployment
3.2.2 DPaaS Market - By Organisation Size
3.2.3 DPaaS Market - By Services
3.2.4 DPaaS Market - By Country
3.3 PEST Analysis
3.3.1 Australia - PEST Analysis
3.3.2 New Zealand - PEST Analysis
3.4 Ecosystem Analysis
3.5 Expert Opinion
4. DPaaS Market - Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Stringent Data Protection Regulations For Information Security
4.1.2 Increasing Need For Data Backups And Archives
4.2 Key Market Restraints
4.2.1 High Investment For The Data Protection Services
4.3 Key Market Opportunities
4.3.1 Increasing Demand For Cloud-Based Data Protection Solutions Among Smes
4.4 Future Trends
4.4.1 Surging Adoption of Data Protection Services
4.5 Impact Analysis of Drivers And Restraints
5. DPaaS - Global Market Analysis
5.1 Australia Market
5.1.2 Australia Market Forecasts And Analysis
5.2 New Zealand Market
5.2.2 New Zealand Market Forecasts And Analysis
5.3 Market Positioning - top 5 Players Ranking
6. DPaaS Market Analysis - By Deployment
6.2 Dpaas Market Breakdown, By Deployment, 2018 & 2027
6.3 Private Cloud
6.4 Public Cloud
6.5 Hybrid Cloud
7. DPaaS Market Revenue And Forecasts to 2027 - Organisation Size
7.2 DPaaS Market Breakdown, By Organisation Size, 2018 & 2027
7.3 Small & Medium Enterprises
7.4 Large Enterprises
8. DPaaS Market Revenue And Forecasts to 2027 - Service Type
8.2 DPaaS Market Breakdown, By Service Type, 2018 & 2027
8.3 Backup As A Service (BaaS)
8.4 Disaster Recovery As A Service (DRaaS)
8.5 Storage As A Service (STaaS)
9. DPaaS Market - Industry Landscape
9.1 Market Initiatives
9.2 Mergers And Acquisitions
9.3 New Developments
10. DPaaS Market - Company Profiles
- Acronis International GmbH
- Amazon Web Services, Inc.
- Carbonite, Inc.
- EMC Corporation
- Hewlett Packard Enterprise Development LP
- IBM Corporation
- McAfee, LLC
- Quantum Corporation
- VMware, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/n2q251