LONDON--(BUSINESS WIRE)--Technavio has published a new report on the global data protection as a service market, which is expected to grow at a CAGR of more than 57% from 2015-2019.
About the Report
The new Technavio report emphasizes data protection as a service (DPaaS), which helps developers reduce numerous complexities associated with the development and design of mobile and web applications. DPaaS helps developers avoid server-side programming, complex backend codes, and developing interfaces and integration templates for the backend.
“Data protection as a service provides a ready-to-use backend that saves a large amount of time and effort for developers,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also highlights disaster recovery as a service (DRaaS), which provide excellent data storage, data archival, and online retrieval features for seamless business operations.
“Organizations can safeguard their data at the time of a disaster, by maintaining their data with a third-party provider, as they are located off-site,” elaborates Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the global data protection as a service market from 2015-2019. To calculate the market size, the report considers revenue generated from BaaS or MBaaS, DRaaS, and STaaS software platforms, tools, applications, services, support, and maintenance.
Key Information Covered in the Report:
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Key Vendors:
- Amazon Web Services
- IBM Corp.
- HP Co.
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Market Growth Drivers:
- Simpler Application Development
- For a full detailed list, view our report.
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Market Challenges:
- IT System Complicacy and Latency Issues
- For a full detailed list, view our report.
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Market Trends:
- Increased Demand for Cloud-Based Disaster Recovery
- For a full detailed list, view our report.
Technavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the data protection market:
- Global Data Center Physical Security Market 2015-2019
- Global Specialized Threat Analysis and Protection (STAP) Market 2015-2019
If you are interested in more information, please contact our media team at media@technavio.com.
