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OverviewThe data protection as-a-service market is anticipated to grow by US$28.2 billion by 2023 rapidly growing at a CAGR of 24.53% during the forecast period.

The global data protection as-a-service market is driven by growing number of advanced cyber-attacks and rising demand from growing number of data centers.

These factors have helped shape the data protection as-a-service market and are expected to boost the growth.

The global market for data protection as-a-service is also covered based on the end-user segment which is further split into government and defense, banking, financial services and insurance (BFSI), healthcare, it and telecom, consumer goods and retail, education, media and entertainment and others.Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/7418Factors like demand from IT facilities across the world and high adoption of cloud and web-based applications support the data protection as-a-service market growth.

The performance of the data protection as-a-service market has also been studied for the past and current years.

The data protection as-a-service market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world.

Global Mobile Data Protection Market was valued US$ 2 Bn in 2017 and is expected to reach US$ 9.75 Bn by 2026, at CAGR of 21.9% during forecast period.To protect organizational and personal data from malicious attacks, fake activities, network threats, cyber-attacks, and privacy breakings of data, mobile data protection solutions are used.

Increase in use of mobile device and cloud integration among companies and increasing acceptance of the Bring Your Own Device (BYOD) policy are increasing the demand for mobile data protection solutions.

This is because of increasing data security concerns involved in organizational content access, growing cases of cyber-attacks and increasing the tendency of mobile device theft and loss, boosting the demand for mobile data protection solutions worldwide.

Also, strict regulations regarding the adoption of data protection solutions that follow to certain specific standards are further boosting the growth of market.

In 2017, mobile data traffic reached 11 Exabyte’s a month, rising rapidly into the future.

It is projected that near about 2.1 billion customers worldwide to use a mobile wallet to make a payment or send money by 2019.

Market OverviewThe Data Protection As-A-Service Market is predicted to increase its market growth by USD 7.6 billion for the year 2020.

In the forecast year of 2027, the global market has expectations to meet at USD 28.2 billion.

This is meant that the global market has predicted to meet a CAGR of 24.53% in the forecast period of 2027.

According to the Data Protection As-A-Service Market outlook report, the disaster recovery as a service (DRaaS) type is predicted to generate more market value with registering the highest CAGR for the forecast period.The increasingly advanced cyber-attacks are increasing concerns for secure critical business data, which automatically increases demand over these disaster recovery type segments.

This deployment model is increasing demand because it is offering greater data security to large enterprises in the global market.Among all the end-users, the banking, financial services, and insurance (BFSI) sector are investing more for data protection as-a-service as a large chunk of critical data has been managed by the sector, which may lead to an increase in cyber-attacks or threats to the sector.

The report mentions that the increasing cyber threats are driving the Data Protection As-A-Service Market share.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/7418Market SegmentationThe Data Protection As-A-Service Market outlook shows that the global market is segmented based on end-user, type, and deployment model.

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