A new MarketsandMarkets report finds that the global market for Data Protection as a Service (DPaaS) will grow from $26.04 billion in 2024 to $74.91 billion by 2030, with a strong compound annual growth rate (CAGR) of 19.3%.
DPaaS is gaining traction because it offers a cost-effective way to back up data, ensure security, comply with regulations, and support business continuity. Many providers are now integrating advanced technologies like AI, machine learning, and encryption to enhance their services.
Key insights from the report:
- Large Enterprises Lead
Big companies are the main users of DPaaS. They manage huge volumes of sensitive data and must meet strict regulatory standards. DPaaS lets them reduce costs while protecting critical operations, especially through disaster recovery. - Fastest-Growing Vertical: Healthcare
The healthcare industry is expected to grow fastest in DPaaS adoption. With massive digital patient records, billing information, and hospital data, healthcare organizations need strong protection. Data breaches, such as the HCA Healthcare incident affecting 11 million people, have highlighted this need—and increased pressure from regulations like HIPAA and GDPR. - Public Cloud Dominates
Services delivered via the public cloud are predicted to account for the largest market share. Companies prefer them for affordability, customization, and compliance. Public cloud DPaaS integrates well with both new and legacy systems. - Asia-Pacific on the Rise
The report forecasts the highest growth rate in the Asia-Pacific region, powered by industrial expansion and digital adoption in countries like China and India. Industries like finance, healthcare, retail, and automotive are fueling demand. Government initiatives and tech advances further boost regional growth.
