Data Protection As-A-Service Companies

Competitive Landscape of Data Protection As a Service (DPaaS) Market:

The Data Protection as a Service (DPaaS) market is a rapidly growing segment of the cybersecurity industry. It offers businesses a comprehensive approach to data protection, encompassing a range of services such as data backup, disaster recovery, encryption, and access control.

However, several new and emerging companies are entering the market, challenging the dominance of established players. These companies are often focused on specific niches within the DPaaS market, such as data encryption or data loss prevention. They are also leveraging innovative technologies, such as machine learning and artificial intelligence (AI), to develop more advanced and automated data protection solutions.

Key Players:

• IBM Corporation


• Hewlett Packard Enterprise Development


• Dell Technologies Inc


• Hitachi Vantara Corporation


• Thales Group


• ATOS SE


• MUSARUBRA US LLC (MCAFEE LLC)


• Commvault


• Micro Focus International Plc


• Quantum Corporation


• NETAPP Inc


• VOLICO Data Centers


• Cohesity Inc


• Veritas


• NXTGEN Datacenter


• Cloud Technologies.

Some of the key strategies adopted by companies in the DPaaS market include:

• Product Innovation: Companies are constantly investing in research and development to create new and innovative DPaaS solutions that address the latest data security threats and challenges.


• Partnerships and Acquisitions: Companies are forming partnerships and acquisitions to expand their product portfolios and reach new markets.


• Cloud-Based Solutions: Companies are increasingly offering their DPaaS solutions as a cloud-based service, which allows businesses to access the services on-demand and pay only for what they use.


• Focus on Customer Service: Companies are focusing on providing excellent customer service and support to retain existing customers and attract new ones.

When analyzing the market share of different companies in the DPaaS market, several factors need to be considered. These include:

• Revenue: The total revenue generated by a company from its DPaaS offerings.


• Market Share: The percentage of the overall DPaaS market that a company holds.


• Customer Base: The number of customers that a company has for its DPaaS solutions.


• Product Portfolio: The range of DPaaS solutions that a company offers.


• Geographic Reach: The countries and regions where a company offers its DPaaS solutions.

Current company investment trends in the DPaaS market reveal a focus on several key areas:

• AI and Machine Learning: Companies are investing in AI and ML technologies to develop more intelligent and automated data protection solutions.


• Data Loss Prevention (DLP): Companies are investing in DLP solutions to prevent sensitive data from being leaked or stolen.


• Cloud Security: Companies are investing in cloud security solutions to protect data stored in the cloud.


• Compliance: Companies are investing in compliance solutions to help businesses comply with data privacy regulations such as the General Data Protection Regulation (GDPR).

Latest Company Updates:

October 2023-

Soho Square, a leading investment firm engrossed on financing established & developing European and UK SMEs, has lately announce a structured minority development investment in the assured data protection, a managed service provider that is focused on the disaster recovery and backup, whose solutions are powered by the Rubrik software. The services of Assured are created around the industry heading Rubrik software for offering business continuity solutions, disaster recovery, and backup to enterprises and large SMEs.

August 2023-

Lumen Technologies LUMN has recently revealed the launch of its Lumen Data Protect, a service that has been designed for assisting companies in combating the growing risks related to data corruption & security breaches. This is an all-inclusive managed enterprise-grade data protection service built on Lumen Technologies edge infrastructure & supported by its widespread worldwide fiber network. This novel product will assist organizations in improving the data protection for preventing significant incidents which may cause loss of money, time, and reputation amid the continuing threats of data corruption and ransomware. The Lumen Data Protect will offer pocket-friendly backup & recovery for crucial business data & applications irrespective of location.

June 2023-

Keepit, a key provider of cloud data protection & management lately revealed the launch of its latest backup & recovery service for the Microsoft Azure DevOps. This is the world’s sole vendor-neutral, independent cloud dedicated to the SaaS data protection with blockchain verified solution & Azure DevOps service add up to their already industry heading coverage for the Microsoft’s cloud services.