The Future is DPaaS: Exploring the Data Protection as a Service Market
Data Protection as a Service Market Insights | Titan Technologies Why the Data Protection as a Service Market is Changing Business Resilience The data protection as a service market represents a fundamental shift in how organizations safeguard their critical data assets. This comprehensive guide explores the explosive growth, key trends, and strategic opportunities within this rapidly evolving sector. Key Market Highlights: – Market Size : $22.05 billion in 2023, projected to reach $106.05 billion by 2030 – Growth Rate : 25.9% CAGR from 2024-2030 – Leading Segment : Disaster Recovery as a Service (DRaaS) holds 38.3% market share – Regional Leader : North America commands 39% of global revenue – Fastest Growing : Storage as a Service (STaaS) shows highest projected growth rate The surge in cyber threats has created an urgent need for robust data protection strategies. Recent studies show that over 57% of SMEs have experienced cybersecurity breaches , while ...