Data Protection As A Service Market To Reach $179.06 Billion By 2033

Data Protection As A Service Market Growth & Trends

The global data protection as a service market size is expected to reach USD 179.06 billion by 2033, registering a CAGR of 26.8% from 2026 to 2033, according to a new report by Grand View Research, Inc. The digital disruption has increased the influx of data even though organizations have limited ability to protect, retain, store, and govern them. Thus, implementing a unified approach for data protection is a strategic success to the organizations' digital transformation. Business or IT continuity and digital transformation are often considered as the primary investment factor for companies worldwide. Implementing such a strategic process increases the risk of growing cyber threats, stringency in compliance regulations, and IT consumption workloads. Thus, the need for data protection services among enterprises is growing.

Businesses are increasingly adopting cloud-based data protection and recovery services and solutions to manage data protection regulatory requirements and reduce in house IT functional workloads. Moreover, enterprises require uninterrupted and faster access to their critical data or a business application located over the cloud or on-premises in the current scenario. This is due to the need for instant recovery of data and services with minimal impact during unforeseen events. Thus, the data resiliency or the cloud computing environment that takes over the system and continues to support computing services when one of the IT infrastructures fails is considered as an integral part of the business continuity operations of organizations.

The increased dependencies on the recovery and backup solution are driving the data protection as a service (DPaaS) trend among businesses. With most businesses using cloud-based solutions to move their applications and data to the cloud for efficient collaboration purposes, they require core backup solutions and services to avoid any downtime or fail-over situation. Failure in downtime could affect business with high costs and business risks. According to ITIC, a Boston-based research, and consulting firm, a study published in May 2019, a single hour of downtime per year costs at least USD 100,000. Furthermore, the study also highlights that around 85% of the enterprises require a minimum of mission-critical infrastructure for conducting business operations without any uninterrupted connectivity. Thus, with increasing digitization and the need to have efficient business continuity, the demand for data protection solutions such as disaster recovery, backup, and storage services is growing.

 Request a free sample copy or view report summary: Data Protection As A Service Market Report

Data Protection As A Service Market Report Highlights

• Modern cyberattacks have shifted from merely stealing data to holding it hostage through encryption. This malicious evolution has rendered traditional, infrequent backup methods obsolete.

• Regulations such as the General Data Protection Regulation (GDPR) in Europe, the California Consumer Privacy Act (CCPA), and various industry-specific mandates such as HIPAA for healthcare and PCI-DSS for payment data, impose strict requirements on how data is stored, processed, and protected

• The disaster recovery as a service (DRaaS) segment dominated the market and accounted for a revenue share of 37.6% in 2025, driven by the critical need for robust business continuity in an era of escalating cyber threats, particularly ransomware

• The private cloud segment dominated the market and accounted for the largest revenue share in 2025. The demand for predictable performance and granular control over IT resources continues to fuel private cloud deployment.

• The large enterprises segment dominated the market and accounted for the largest revenue share in 2025. Traditional data protection infrastructure requires heavy capital expenditure and maintenance resources.

• North America data protection as a service industry dominated the global market with the largest revenue share of 38.4% in 2025, driven by stringent cybersecurity standards across industries

Data Protection As A Service Market Segmentation

Grand View Research has segmented the global data protection as a service (DPaaS) market report based on service, deployment, enterprise size, end use, and region:

Data Protection As A Service Service Outlook (Revenue, USD Billion, 2021 - 2033)

• Disaster Recovery as a Service (DRaaS)

• Backup as a Service (BaaS)

• Storage as a Service (STaaS)

Data Protection As A Service Deployment Outlook (Revenue, USD Billion, 2021 - 2033)

• Public Cloud

• Private Cloud

• Hybrid Cloud

Data Protection As A Service Enterprise Size Outlook (Revenue, USD Billion, 2021 - 2033)

• Small and Medium-sized Enterprises (SMEs)

• Large Enterprises

Data Protection As A Service End Use Outlook (Revenue, USD Billion, 2021 - 2033)

• BFSI

• Healthcare

• IT and Telecom

• Retail

• Education

• Manufacturing

• Others

Data Protection As A Service Regional Outlook (Revenue, USD Billion, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

• Latin America

  • Brazil

• Middle East & Africa

  • UAE

  • Saudi Arabia

  • South Africa

List of Key Players in Data Protection As A Service Market

• Amazon Web Services, Inc.

• Asigra Inc.

• Broadcom

• Cisco Systems, Inc.

• Commvault

• Cyfuture

• Dell Inc.

• Hewlett Packard Enterprise Development LP

• Huawei

• IBM Corporation

• Microsoft

• Oracle

• Quantum Corporation

• Quest Software Inc.

• Veritas Technologies LLC