DPaaS is a web-delivered or cloud-based service for protecting data assets. Enterprises generally utilize this service to build better security and enhance their network security for effective data management on cloud. There is presently a rising need to reduce complexities in terms of large data volumes for application development. DPaaS services help organizations to look after these issues by providing cost-effective cloud services. It is a multi-tenant model which allows management of various services through a single portal. On its deployment, DPaaS seamlessly provides virtual machine capabilities for each and every server.
The global DPaaS market is segmented on the basis of deployment models, business enterprise size, delivery models, end-use industries and geography. Based on the type of deployment model, the market has been classified into private, public and hybrid model. On the basis of business enterprise size, the market is segmented into large enterprises, small and medium enterprises/ businesses (SMEs/SMBs) and others (public sector, hospitality, retail etc.). On the basis of delivery models, the market is segmented as on-premise and cloud. Furthermore, based on end-use industries, the global DPaaS market is segmented into IT and telecommunications, healthcare, manufacturing, defense and energy, and others. Geographically, the market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. The market demand in North America is mainly driven by the fast adoption of cloud based services by small, medium and large industries in this region. Moreover, the market is expected to grow tremendously in Asia Pacific region over the forecast period due to large investment done by the government into infrastructure activities for the effective data protection.
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The rising demand for disaster recovery services to protect enterprise data against various potential threats is currently a major factor driving the global DPaaS market. The market growth is also supported by increasing integration of deployment techniques and modern infrastructure development. Furthermore, emergence of more advanced forms of data management over the traditional models is another key driver for the DPaaS market. In addition to this, other factors like business and global expansion, financial efficiency and core competency is fueling the growth of DPaaS market. However, the challenges related to DPaaS market include trust or security in providing these services and managing the entire communication network as well. Trust or security comprises of secure connectivity, alignment with existing tools and processes, standards and regulatory compliance and data center. Management of entire communication requires several compatible platforms, application programming interface, constant identity and access management.