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Technavio: Data Protection Service Market to Grow at 57% CAGR in 2015-2019

Technavio: Data Protection Service Market to Grow at 57% CAGR in 2015-2019 - top government contractors - best government contracting event
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DataCenter A new Technavio report forecasts that increased demand for data backup services will drive a 57 percent compound annual growth of the data protection-as-a-service market from 2015 to 2019.

The research firm said Thursday the DPaaS platform works to help developers build mobile and web applications as well as minimize backend coding and server-side programming issues.

“Organizations can safeguard their data at the time of a disaster, by maintaining their data with a third-party provider, as they are located off-site,” said Faisal Ghaus, a Technavio vice president.

The report also offers information on the disaster-recovery-as-a-service market, which covers data storage, archiving and retrieval service offerings.

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Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

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