Rising digitalization along with demands for highly efficient data protection tools are acting as major drivers towards significant growth of Managed DRaaS, Self Service DRaaS and Assisted DRaaS.
The increasing use of data storage portable devices in order to retrieve data irrespective of time and location is driving the growth of the data as a service market.
The growth is mainly attributed to the growing need for business agility and a faster time-to-market is expected to drive the growth of the Business Process as a Service (BPaaS) market.
Stringent government regulations towards protection of organizational data, rising adopted of encrypted services, and so on attribute towards the market growth.