Australia and New Zealand Data Protection as a Service Market to 2027 - Regional Analysis and Forecasts by Deployment (Private Cloud, Public Cloud, and Hybrid Cloud); Organization Size (Small & Medium Enterprises and Large Enterprise); and Service Type (Backup as a Service (BaaS), Disaster Recovery as a Service (DRaaS), and Storage as a Service (STaaS))
Publication Month: Jun 2019
Report Code: TIPRE00005723 No. of Pages: 110 Category: Technology, Media and Telecommunications Status: Published
The Australia and New Zealand data protection as a service market accounted for US$ 159.2 Mn in 2018 and is expected to reach US$ 2244.8 Mn by 2027, thereby registering an attractive CAGR growth rate of 34.3% from 2019 to 2027.
Adoption of data protection as a service in Banking, financial services, and insurance (BFSI) industry is growing at an impressive rate across Australia. The volume of data generated through various endpoints and mobile devices in banks, credit card companies, and credit reporting institutions are growing significantly. Thus, bolstering data protection as a service market growth.
Exhibit: Data Protection as a Service Lucrative Regional Markets
Market Insights
Stringent data protection regulations for information security to contribute to the data protection as a service market growth
Introduction of advanced technologies and increasing volumes and flow of data, has drawn high attention of enterprises and organizations for cyber security and data protection. With the growing information flow, there is a constant demand for advanced data security software and services. Further, to improve data protection government has taken various initiative, for instance, now Australian organization and agencies are subjected to new obligations under the Australian Notifiable Data Breaches scheme, which came into effect in the year 2018.
Increasing Demand for Cloud-Based Data Protection Solutions among Small and Medium Enterprise (SME) provides a lucrative opportunity for the Data Protection as a Service market growth
Small and Medium (SMEs) are more susceptible to data breaches and identity thefts, due their lack of deployment of advanced solutions and services. Moreover, the rising complexity of cyber-attacks and the surging need to protect the cloud-based applications and platforms, for ensuring organization data protection will boost the data protection as a service market growth.
Deployment Insights
The Australia and New Zealand data protection as a service market by deployment was led by public cloud. The private cloud deployment model has witnessed fewer adoptions on account of it being relatively costlier deployment model when compared to others. On the other hand, Public cloud model with cheapest deployment cost has gained the maximum popularity across all industry verticals and various sizes. SME’s have contributed to the remarkable market share of the public cloud deployment model.
Service Type Insights
The Australia and New Zealand data protection as a service market by service type was led by Backup as a Service (BaaS). Data protection as a service (DPaaS) is a bundle of web-delivered or cloud-based services that enables the business to protect data assets. It also enhances the network security and recovery options by a variety of features through the subscription-based model. DPaaS offers cost-effective storage, backup, and disaster recovery options. The cloud-based business model and cost efficiency are the major factors driving the demand for data protection as a service market.
Exhibit: Australia and New Zealand Data Protection as a Service Market by Service Type
Strategic Insights
All the data protection as a service market player focuses majorly on new product innovations and developments by adopting advance technologies and compete with the competitors. Few of the recent developments are listed below;
2019: IBM Corporation announced Veeam Backup for Microsoft Office 365. With the new offering, customers can protect their valuable Office 365 data and recover that data if it is erased or corrupted. It helps customers to ensure their data is always protected.
2018: Quantum Corporation declared noteworthy improvements to Xcellis. These enhancements strengthen Xcellis solution to edit, share, and store rich media content for customers worldwide. Xcellis solution effectively manages, preserve, and protect the valuable data.
2017: Commvault launched endpoint data protection as a service to streamline backup and recovery corporate data on desktop, laptops, and other devices. It allows companies to protect data value with data encryption along with backup and recovery data.
AUSTRALIA AND NEW ZEALAND DATA PROTECTION AS A SERVICE – MARKET SEGMENTATION
By Deployment
- Private Cloud
- Public Cloud
- Hybrid Cloud
By Organization Size
- Small & Medium Enterprises
- Large Enterprise
By Service Type
- Backup as a Service (BaaS)
- Disaster Recovery as a Service (DRaaS)
- Storage as a Service (STaaS)
Company Profiles
- Acronis International GmbH
- Amazon Web Services, Inc.
- Commvault
- Carbonite, Inc
- EMC Corporation
- Hewlett Packard Enterprise Development LP
- IBM Corporation
- McAfee, LLC
- Quantum Corporation
- VMware, Inc.
PART 1. iNTRODUCTION
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
PART 2. key takeaways
PART 3. DPaaS market Landscape
3.1 market overview
3.2 Market segmentation
3.2.1 DPaaS Market – By Deployment
3.2.2 DPaaS Market – By Organisation Size
3.2.3 DPaaS Market – By Services
3.2.4 DPaaS Market – By Country
3.3 pest analysis
3.3.1 Australia – PEST Analysis
3.3.2 New Zealand – PEST Analysis
3.4 ECOSYSTEM ANALYSIS
3.5 Expert Opinion
PART 4. DPaaS market – key industry dynamics
4.1 key market drivers
4.1.1 Stringent data protection regulations for information security
4.1.2 Increasing need for data backups and archives
4.2 Key market restraints
4.2.1 High investment for the data protection services
4.3 key market opportunities
4.3.1 Increasing Demand for Cloud-Based Data Protection Solutions among SMEs
4.4 Future trends
4.4.1 Surging adoption of data protection services
4.5 impact analysis of Drivers and restraints
PART 5. DPaaS – global market analysis
5.1 Australia Market
5.1.1 Overview
5.1.2 Australia Market Forecasts and Analysis
5.2 New Zealand Market
5.2.1 Overview
5.2.2 New Zealand Market Forecasts and Analysis
5.3 Market Positioning – Top 5 Players Ranking
PART 6. DPaaS Market Analysis – By Deployment
6.1 Overview
6.2 DPaaS Market Breakdown, By Deployment, 2018 & 2027
6.3 Private Cloud
6.3.1 Overview
6.3.2 Private Cloud Market Forecasts and Analysis
6.4 PUBLIC Cloud
6.4.1 Overview
6.4.2 Public Cloud Market Forecasts and Analysis
6.5 Hybrid Cloud
6.5.1 Overview
6.5.2 Hybrid Cloud Market Forecasts and Analysis
PART 7. DPaaS Market revenue and forecasts to 2027 – Organisation size
7.1 Overview
7.2 DPaaS Market Breakdown, By organisation size, 2018 & 2027
7.3 small & medium enterprises
7.3.1 Overview
7.3.2 Small & Medium Enterprises Market Forecasts and Analysis
7.4 Large Enterprises
7.4.1 Overview
7.4.2 Large Enterprises Market Forecasts and Analysis
PART 8. DPaaS Market revenue and forecasts to 2027 – Service type
8.1 Overview
8.2 DPaaS Market Breakdown, By service type, 2018 & 2027
8.3 Backup as a Service (BaaS)
8.3.1 Overview
8.3.2 Backup as a Service (BaaS) Market Forecasts and Analysis
8.4 Disaster Recovery as a Service (DRaaS)
8.4.1 Overview
8.4.2 Disaster Recovery as a Service (DRaaS) Market Forecasts and Analysis
8.5 Storage as a Service (STaaS)
8.5.1 Overview
8.5.2 Storage as a Service (STaaS) Market Forecasts and Analysis
PART 9. DPaaS market - Industry Landscape
9.1 Market Initiatives
9.2 Mergers and Acquisitions
9.3 New Developments
PART 10. DPaaS market – Company profile
10.1 Acronis International GmbH
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Amazon WEB SERVICES
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Commvault
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 carbonite inc.
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 emc Corporation
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Financial Overview
10.5.4 SWOT Analysis
10.5.5 Key Developments
10.6 Hewlett Packard Enterprise Development LP (HPE)
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 IBM Corporation
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 MCAFEE, LLC
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 Quantum Corporation
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 VMWARE, INC.
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Products and Services
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
PART 11. Appendix
11.1 About The Insight Partners
11.2 Glossary of Terms
11.3 Methodology
11.3.1 Coverage
11.3.2 Secondary Research
11.3.3 Primary Research
LIST OF TABLES
TABLE 1. Glossary of Term: DPaaS Market
LIST OF FIGURES
FIGURE 1. Australia DPaaS Market, by revenue, 2018 - 2027, uS$ Mn
FIGURE 2. DPaaS market segmentation
FIGURE 3. Australia – pest analysis
FIGURE 4. New Zealand – pest analysis
FIGURE 5. ecosystem analysis
FIGURE 6. Expert opinion
FIGURE 7. DPaaS Market Impact Analysis of Driver and Restraints
FIGURE 8. Australia REVENUE AND FORECASTS TO 2027 (US$ Mn)
FIGURE 9. New Zealand REVENUE AND FORECASTS TO 2027 (US$ Mn)
FIGURE 10. DPaaS Market Breakdown, By DEPLOYMENT, 2018 & 2027 (%)
FIGURE 11. Private Cloud Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 12. PUBLIC Cloud Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 13. Hybrid Cloud Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 14. DPaaS Market Breakdown, By organisation size, 2018 & 2027 (%)
FIGURE 15. Small and medium enterprises Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 16. Large enterprises Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 17. DPaaS Market Breakdown, By service type, 2018 & 2027 (%)
FIGURE 18. Backup as a Service (BaaS) Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 19. Disaster Recovery as a Service (DRaaS) Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 20. Storage as a Service (STaaS) Market REVENUE AND FORECASTS TO 2027 (US$ MN)
The List of Companies
- Acronis International GmbH
- Amazon Web Services, Inc.
- Commvault
- Carbonite, Inc.
- EMC Corporation
- Hewlett Packard Enterprise Development LP
- IBM Corporation
- McAfee, LLC
- Quantum Corporation
- VMware, Inc.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Australia & New Zealand Data Protection as a Service market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Australia and New Zealand market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.