in Industry News, News

TechNavio: DPaaS Market to Grow at 57.03% CAGR by 2019

TechNavio: DPaaS Market to Grow at 57.03% CAGR by 2019 - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

switch network sevier dataA TechNavio report released by ReportBuyer predicts that the global data-protection-as-a-service market will climb in value at a 57.03-percent compound annual growth rate from 2015 to 2019.

ReportBuyer said Tuesday the growth is due to the greater ease in application development as more vendors offer DPaaS tools such as hypervisors, network virtualization and BYOD-integrated applications.

Market trends include the increased demand for cloud-based disaster recovery solutions to protect enterprise data, while issues with IT system complicacy and latency are the main market challenges, the report stated.

TechNavio identified the following key vendors in the DPaaS market:

  • Amazon Web Services
  • Hewlett-Packard
  • IBM
  • Symantec
ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Industry News

Amazon Web Servicesdata protection-as-a-serviceDPaaSGovconHewlett PackardIBMmarket forecastmarket reportReportBuyerSymantecTechnavio

mm

Written by Anna Forrester

Sparton-Ultra Electronics JV Named Navy ‘Tier 1 Superior Supplier’ - top government contractors - best government contracting event
Sparton-Ultra Electronics JV Named Navy ‘Tier 1 Superior Supplier’
TechNavio Forecasts 35% CAGR for Big Data Professional Services Market by 2019 - top government contractors - best government contracting event
TechNavio Forecasts 35% CAGR for Big Data Professional Services Market by 2019