The North America Data Protection as a Service Market would witness market growth of 25.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America Data Protection as a Service Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $34,311.8 million by 2031. The Canada market is experiencing a CAGR of 27.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 26.6% during (2024 - 2031).
As businesses increasingly adopt hybrid and multi-cloud strategies, the complexity of managing and protecting data across diverse environments has become a significant challenge. Multiple public cloud providers are used in multi-cloud setups, whilst private and public cloud resources are combined in hybrid clouds. These strategies enable organizations to optimize performance, reduce costs, and ensure greater flexibility.
However, the diversity of platforms also creates silos, increases vulnerabilities, and complicates data protection efforts. Ensuring the seamless security, integrity, and availability of data across these fragmented ecosystems is a top business priority.
The rapid adoption of digital technologies in both the public and private sectors has driven the significant expansion of North America's Data Protection as a Service market. The United States, with its leadership in cloud computing, and Canada, with its growing data center infrastructure, have positioned the region as a hub for data protection services. Agreements such as the North American Free Trade Agreement (NAFTA) and its successor, the United States-Mexico-Canada Agreement (USMCA), have facilitated cross-border data flows and enhanced business collaborations, contributing to market growth. Additionally, government initiatives focused on cybersecurity, digital infrastructure, and compliance regulations are shaping the data protection landscape, ensuring sustained growth in the coming years.
Free Valuable Insights: The Data Protection as a Service Market is Predict to reach USD 131.3 Billion by 2031, at a CAGR of 25.6%
Based on Service, the market is segmented into Disaster Recovery as a Service (DRaaS), Backup as a Service (BaaS), and Storage as a Service (STaaS). Based on Deployment, the market is segmented into Public Cloud, Private Cloud, and Hybrid Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small and Medium-sized Enterprises (SMEs). Based on End-use, the market is segmented into Banking, Financial Services, & Insurance, Healthcare, IT & Telecom, Retail, Education, Manufacturing, and other End-use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- IBM Corporation
- Microsoft Corporation
- Cisco Systems, Inc.
- Oracle Corporation
- Palo Alto Networks, Inc.
- CrowdStrike Holdings, Inc.
- McAfee Corp.
- Trend Micro, Inc.
- Fortinet, Inc.
- Check Point Software Technologies Ltd.
North America Data Protection as a Service Market Report Segmentation
By Service
- Disaster Recovery as a Service (DRaaS)
- Backup as a Service (BaaS)
- Storage as a Service (STaaS)
By Deployment
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Enterprise Size
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
By End-use
- Banking, Financial Services, & Insurance
- Healthcare
- IT & Telecom
- Retail
- Education
- Manufacturing
- other End-use
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Data Protection as a Service Market, by Service
1.4.2 North America Data Protection as a Service Market, by Deployment
1.4.3 North America Data Protection as a Service Market, by Enterprise Size
1.4.4 North America Data Protection as a Service Market, by End-use
1.4.5 North America Data Protection as a Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansion
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2017, Jun – 2021, Jun) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Data Protection as a Service Market by Service
5.1 North America Disaster Recovery as a Service (DRaaS) Market by Country
5.2 North America Backup as a Service (BaaS) Market by Country
5.3 North America Storage as a Service (STaaS) Market by Country
Chapter 6. North America Data Protection as a Service Market by Deployment
6.1 North America Public Cloud Market by Country
6.2 North America Private Cloud Market by Country
6.3 North America Hybrid Cloud Market by Country
Chapter 7. North America Data Protection as a Service Market by Enterprise Size
7.1 North America Large Enterprises Market by Country
7.2 North America Small and Medium-sized Enterprises (SMEs) Market by Country
Chapter 8. North America Data Protection as a Service Market by End-use
8.1 North America Banking, Financial Services, & Insurance Market by Country
8.2 North America Healthcare Market by Country
8.3 North America IT & Telecom Market by Country
8.4 North America Retail Market by Country
8.5 North America Education Market by Country
8.6 North America Manufacturing Market by Country
8.7 North America other End-use Market by Country
Chapter 9. North America Data Protection as a Service Market by Country
9.1 US Data Protection as a Service Market
9.1.1 US Data Protection as a Service Market by Service
9.1.2 US Data Protection as a Service Market by Deployment
9.1.3 US Data Protection as a Service Market by Enterprise Size
9.1.4 US Data Protection as a Service Market by End-use
9.2 Canada Data Protection as a Service Market
9.2.1 Canada Data Protection as a Service Market by Service
9.2.2 Canada Data Protection as a Service Market by Deployment
9.2.3 Canada Data Protection as a Service Market by Enterprise Size
9.2.4 Canada Data Protection as a Service Market by End-use
9.3 Mexico Data Protection as a Service Market
9.3.1 Mexico Data Protection as a Service Market by Service
9.3.2 Mexico Data Protection as a Service Market by Deployment
9.3.3 Mexico Data Protection as a Service Market by Enterprise Size
9.3.4 Mexico Data Protection as a Service Market by End-use
9.4 Rest of North America Data Protection as a Service Market
9.4.1 Rest of North America Data Protection as a Service Market by Service
9.4.2 Rest of North America Data Protection as a Service Market by Deployment
9.4.3 Rest of North America Data Protection as a Service Market by Enterprise Size
9.4.4 Rest of North America Data Protection as a Service Market by End-use
Chapter 10. Company Profiles
10.1 IBM Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional & Segmental Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.5.3 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Microsoft Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations & Agreements:
10.2.5.2 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Cisco Systems, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.3.5.3 Acquisition and Mergers:
10.3.6 SWOT Analysis
10.4 Oracle Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Product Launches and Product Expansions:
10.4.6 SWOT Analysis
10.5 Palo Alto Networks, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.5.5.3 Mergers & Acquisition:
10.5.6 SWOT Analysis
10.6 Crowdstrike Holdings, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Product Launches and Product Expansions:
10.6.5.3 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 McAfee Corp.
10.7.1 Company Overview
10.7.2 Recent strategies and developments:
10.7.2.1 Partnerships, Collaborations & Agreements:
10.7.2.2 Product Launches and Product Expansions:
10.7.2.3 Acquisition and Mergers:
10.7.3 SWOT Analysis
10.8 Trend Micro, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental Analysis
10.8.4 Recent strategies and developments:
10.8.4.1 Partnerships, Collaborations, and Agreements:
10.8.4.2 Acquisition and Mergers:
10.8.4.3 Geographical Expansions:
10.8.5 SWOT Analysis
10.9 Fortinet, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.5.2 Acquisition and Mergers:
10.9.6 SWOT Analysis
10.10. Check Point Software Technologies Ltd.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
10.10.5.2 Product Launches and Product Expansions:
10.10.5.3 Acquisition and Mergers:
10.10.6 SWOT Analysis
TABLE 1 North America Data Protection as a Service Market, 2020 - 2023, USD Million
TABLE 2 North America Data Protection as a Service Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Data Protection as a Service Market
TABLE 4 Product Launches And Product Expansions– Data Protection as a Service Market.
TABLE 5 Acquisition and Mergers– Data Protection as a Service Market
TABLE 6 Geographical Expansion– Data Protection as a Service Market
TABLE 7 North America Data Protection as a Service Market by Service, 2020 - 2023, USD Million
TABLE 8 North America Data Protection as a Service Market by Service, 2024 - 2031, USD Million
TABLE 9 North America Disaster Recovery as a Service (DRaaS) Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Disaster Recovery as a Service (DRaaS) Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Backup as a Service (BaaS) Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Backup as a Service (BaaS) Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Storage as a Service (STaaS) Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Storage as a Service (STaaS) Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Data Protection as a Service Market by Deployment, 2020 - 2023, USD Million
TABLE 16 North America Data Protection as a Service Market by Deployment, 2024 - 2031, USD Million
TABLE 17 North America Public Cloud Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Public Cloud Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Private Cloud Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Private Cloud Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Hybrid Cloud Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Hybrid Cloud Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Data Protection as a Service Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 24 North America Data Protection as a Service Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 25 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Small and Medium-sized Enterprises (SMEs) Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Small and Medium-sized Enterprises (SMEs) Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Data Protection as a Service Market by End-use, 2020 - 2023, USD Million
TABLE 30 North America Data Protection as a Service Market by End-use, 2024 - 2031, USD Million
TABLE 31 North America Banking, Financial Services, & Insurance Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Banking, Financial Services, & Insurance Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 35 North America IT & Telecom Market by Country, 2020 - 2023, USD Million
TABLE 36 North America IT & Telecom Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Retail Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Retail Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Education Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Education Market by Country, 2024 - 2031, USD Million
TABLE 41 North America Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 43 North America other End-use Market by Country, 2020 - 2023, USD Million
TABLE 44 North America other End-use Market by Country, 2024 - 2031, USD Million
TABLE 45 North America Data Protection as a Service Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Data Protection as a Service Market by Country, 2024 - 2031, USD Million
TABLE 47 US Data Protection as a Service Market, 2020 - 2023, USD Million
TABLE 48 US Data Protection as a Service Market, 2024 - 2031, USD Million
TABLE 49 US Data Protection as a Service Market by Service, 2020 - 2023, USD Million
TABLE 50 US Data Protection as a Service Market by Service, 2024 - 2031, USD Million
TABLE 51 US Data Protection as a Service Market by Deployment, 2020 - 2023, USD Million
TABLE 52 US Data Protection as a Service Market by Deployment, 2024 - 2031, USD Million
TABLE 53 US Data Protection as a Service Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 54 US Data Protection as a Service Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 55 US Data Protection as a Service Market by End-use, 2020 - 2023, USD Million
TABLE 56 US Data Protection as a Service Market by End-use, 2024 - 2031, USD Million
TABLE 57 Canada Data Protection as a Service Market, 2020 - 2023, USD Million
TABLE 58 Canada Data Protection as a Service Market, 2024 - 2031, USD Million
TABLE 59 Canada Data Protection as a Service Market by Service, 2020 - 2023, USD Million
TABLE 60 Canada Data Protection as a Service Market by Service, 2024 - 2031, USD Million
TABLE 61 Canada Data Protection as a Service Market by Deployment, 2020 - 2023, USD Million
TABLE 62 Canada Data Protection as a Service Market by Deployment, 2024 - 2031, USD Million
TABLE 63 Canada Data Protection as a Service Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 64 Canada Data Protection as a Service Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 65 Canada Data Protection as a Service Market by End-use, 2020 - 2023, USD Million
TABLE 66 Canada Data Protection as a Service Market by End-use, 2024 - 2031, USD Million
TABLE 67 Mexico Data Protection as a Service Market, 2020 - 2023, USD Million
TABLE 68 Mexico Data Protection as a Service Market, 2024 - 2031, USD Million
TABLE 69 Mexico Data Protection as a Service Market by Service, 2020 - 2023, USD Million
TABLE 70 Mexico Data Protection as a Service Market by Service, 2024 - 2031, USD Million
TABLE 71 Mexico Data Protection as a Service Market by Deployment, 2020 - 2023, USD Million
TABLE 72 Mexico Data Protection as a Service Market by Deployment, 2024 - 2031, USD Million
TABLE 73 Mexico Data Protection as a Service Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 74 Mexico Data Protection as a Service Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 75 Mexico Data Protection as a Service Market by End-use, 2020 - 2023, USD Million
TABLE 76 Mexico Data Protection as a Service Market by End-use, 2024 - 2031, USD Million
TABLE 77 Rest of North America Data Protection as a Service Market, 2020 - 2023, USD Million
TABLE 78 Rest of North America Data Protection as a Service Market, 2024 - 2031, USD Million
TABLE 79 Rest of North America Data Protection as a Service Market by Service, 2020 - 2023, USD Million
TABLE 80 Rest of North America Data Protection as a Service Market by Service, 2024 - 2031, USD Million
TABLE 81 Rest of North America Data Protection as a Service Market by Deployment, 2020 - 2023, USD Million
TABLE 82 Rest of North America Data Protection as a Service Market by Deployment, 2024 - 2031, USD Million
TABLE 83 Rest of North America Data Protection as a Service Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 84 Rest of North America Data Protection as a Service Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 85 Rest of North America Data Protection as a Service Market by End-use, 2020 - 2023, USD Million
TABLE 86 Rest of North America Data Protection as a Service Market by End-use, 2024 - 2031, USD Million
TABLE 87 Key Information – IBM Corporation
TABLE 88 Key Information – Microsoft Corporation
TABLE 89 Key Information – Cisco Systems, Inc.
TABLE 90 Key Information – Oracle Corporation
TABLE 91 Key Information – Palo Alto Networks, Inc.
TABLE 92 Key Information – Crowdstrike Holdings, Inc.
TABLE 93 Key Information – McAfee Corp.
TABLE 94 Key Information – Trend Micro, Inc.
TABLE 95 Key Information – Fortinet, Inc.
TABLE 96 Key Information – Check Point Software Technologies Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Data Protection as a Service Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Data Protection as a Service Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2017, Jun – 2021, Jun) Leading Players
FIG 8 Porter’s Five Forces Analysis – Data Protection as a Service Market
FIG 9 North America Data Protection as a Service Market share by Service, 2023
FIG 10 North America Data Protection as a Service Market share by Service, 2031
FIG 11 North America Data Protection as a Service Market by Service, 2020 - 2031, USD Million
FIG 12 North America Data Protection as a Service Market share by Deployment, 2023
FIG 13 North America Data Protection as a Service Market share by Deployment, 2031
FIG 14 North America Data Protection as a Service Market by Deployment, 2020 - 2031, USD Million
FIG 15 North America Data Protection as a Service Market share by Enterprise Size, 2023
FIG 16 North America Data Protection as a Service Market share by Enterprise Size, 2031
FIG 17 North America Data Protection as a Service Market by Enterprise Size, 2020 - 2031, USD Million
FIG 18 North America Data Protection as a Service Market share by End-use, 2023
FIG 19 North America Data Protection as a Service Market share by End-use, 2031
FIG 20 North America Data Protection as a Service Market by End-use, 2020 - 2031, USD Million
FIG 21 North America Data Protection as a Service Market share by Country, 2023
FIG 22 North America Data Protection as a Service Market share by Country, 2031
FIG 23 North America Data Protection as a Service Market by Country, 2020 - 2031, USD Million
FIG 24 Recent strategies and developments: IBM Corporation
FIG 25 SWOT Analysis: IBM Corporation
FIG 26 Recent strategies and developments: Microsoft Corporation
FIG 27 SWOT Analysis: Microsoft Corporation
FIG 28 Recent strategies and developments: Cisco Systems, Inc.
FIG 29 SWOT Analysis: Cisco Systems, Inc.
FIG 30 Recent strategies and developments: Oracle Corporation
FIG 31 SWOT Analysis: Oracle Corporation
FIG 32 Recent strategies and developments: PALO ALTO NETWORKS, INC.
FIG 33 SWOT Analysis: PALO ALTO NETWORKS, INC.
FIG 34 Recent strategies and developments: Crowdstrike Holdings, Inc.
FIG 35 SWOT Analysis: CROWDSTRIKE HOLDINGS, INC.
FIG 36 Recent strategies and developments: McAfee Corp.
FIG 37 SWOT Analysis: McAfee Corp.
FIG 38 Recent strategies and developments: Trend Micro Inc.
FIG 39 SWOT Analysis: Trend Micro Inc.
FIG 40 Recent strategies and developments: Fortinet, Inc.
FIG 41 SWOT Analysis: Fortinet, Inc.
FIG 42 Recent strategies and developments: CHECK POINT SOFTWARE TECHNOLOGIES LTD.
FIG 43 SWOT Analysis: CHECK POINT SOFTWARE TECHNOLOGIES LTD.