Technavio Says Increased Need for Data Backups Will Boost the Global Data Protection as a Service Market Through 2019

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London, 13 July 2015 – 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:

Key Vendors:

  • Amazon Web Services
  • IBM Corp.
  • HP Co.

Market Growth Drivers:

  • Simpler Application Development
  • For a full detailed list, view our report.

Market Challenges:

  • IT System Complicacy and Latency Issues
  • For a full detailed list, view our report.

Market Trends:

  • Increased Demand for Cloud-Based Disaster Recovery
  • For a full detailed list, view our report.…