Global General Data Protection Regulation Services Market

Data protection as a service (DPaaS) refers to a collection of services that help organizations to protect their data and also improve their network security and recovery options. Data Protection-as-a-Service (DPaaS) is a cloud-based or web-based system for networking security and data loss prevention. These services are provided to the clients through multiple memberships and help organizations in cutting the costs of system security and maintenance. The main types of data protection as a service are disaster recovery as a service, backup as a service, and storage as a service. Disaster recovery as a service (DRaaS) is a cloud computing service model that enables an organization to back up its data and IT infrastructure in a third-party cloud computing environment and provides all DR orchestration, all through a SaaS solution, to regain access and functionality to IT infrastructure following a disaster. Data protection as a service can be deployed in the public cloud, private cloud, and hybrid cloud in large enterprises and SMEs that can be used in various industries such as banking, financial services and insurance (BFSI), telecom & IT, government & public sector, healthcare, retail, energy & utilities, manufacturing, and others. The data protection as a service (DPaaS) market research report is one of a series of new reports from The Business Research Company that provides data protection as a service (DPaaS) market statistics, including data protection as a service (DPaaS) industry global market size, regional shares, competitors with a data protection as a service (DPaaS) market share, detailed data protection as a service (DPaaS) market segments, market trends and opportunities, and any further data you may need to thrive in the data protection as a service (DPaaS) industry. This data protection as a service (DPaaS) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global data protection as a service (dpaas) market size grew from $22.48 billion in 2022 to $28.14 billion in 2023 at a compound annual growth rate (CAGR) of 25.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data protection as a service (dpaas) market size is expected to grow to $70.38 billion in 2027 at a CAGR of 25.8%. The increase in concern about data loss and data security is propelling the demand in the data protection as a service (DPaaS) market. Data loss refers to the loss of data due to internal issues like system failure or external issues like cyber attacks, etc. Enterprises from all around the world have been concerned about data security recently due to incidents of data loss and data leaks. For instance, according to Identity Theft Resource Center’s report, a United States non-profit organization, the year 2021 saw 1,862 data breaches, which was up from 1,108 data breaches in 2020. These breaches have increased concerns about data loss in companies. Hence, the increasing concerns about data loss and data security are driving the growth of the data protection as a service market. New technological advancements like the integration of connected devices with the internet of things (IoT) and virtual private network (VPN) are shaping the data protection as a service (DPaaS) market. For instance, in May 2021, GLobal Electronic-SECurity (GLESEC), a cyber-security firm announced the launch of its new Orchestrated data leakage detection and protection service. This security-as-a-service has a unique offering of detecting and protecting data leakage without the need to classify all the information of the company. With this service, the company would address the need for the organization’s security requirements. In January 2021, Veritas, headquartered in California, a provider of enterprise data protection services, acquired HubStor for an undisclosed amount. With this acquisition, Veritas would add a SaaS-based data protection team to the team and would be able to bring data protection services to the cloud. Hubstor, headquartered in Canada, is data protection as a service provider. Major players in the data protection as a service (DPaaS) market are IBM Corporation, Amazon Web Services, Hewlett-Packard Development Company, Commvault Systems, VMware, Quantum Corporation, Asigra, EMC Corporation, Dell, Veritas Technologies, Commvault, Quest Software Inc., NxtGen Datacenter & Cloud Technologies Pvt. Ltd., Hitachi Vantara Corporation, and Atos SE. North America was the largest region in the data protection as a service (DPaaS) market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data protection as a service (DPaaS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the data protection as a service (DPaaS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The data protection as a service (DPaaS) market includes revenues earned by entities by providing services such as backup as a service (BaaS), storage as a service (STaaS), and disaster recovery as a service (DRaaS). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global data protection as a service dpaas market is segmented - 1) By Service Type: Disaster Recovery As A Service, Backup As A Service, Storage As A Service 2) By Enterprise Size: Large Enterprise, SMEs 3) By Deployment Mode: Public Cloud, Private Cloud, Hybrid Cloud 4) By Industry: Banking, Financial Services And Insurance (BFSI), Telecom And IT, Government And Public Sector, Healthcare, Retail, Energy And Utilities, Manufacturing, Other Industries

Database software is designed to create databases and store, manage, search, and retrieve information. Storage & Backup Software is an application used to store data, make duplicate copies of the data to protect it, and make it recoverable in the event of loss, damage, or malware infection. The main types of database, storage and backup software are database software, middleware software, and storage and backup software. A database software is a software program that is designed to create, edit, and maintain database files and records. They are deployed using models such as on-demand/cloud model and on-premise model. These are mostly used in industries such as BFSI, media and entertainment, it and telecommunications, energy and utilities, government and public sector, retail and consumer goods, manufacturing and others. The database, storage and backup software publishing market research report is one of a series of new reports from The Business Research Company that provides database, storage, and backup software publishing market statistics, including database, storage and backup software publishing industry global market size, regional shares, competitors with a database, storage and backup software publishing market share, detailed database, storage and backup software publishing market segments, market trends and opportunities, and any further data you may need to thrive in the database, storage and backup software publishing industry. This database, storage and backup software publishing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global database, storage & backup software publishing market grew from $232.42 billion in 2022 to $258.5 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The database, storage & backup software publishing market is expected to grow to $382.41 billion in 2027 at a CAGR of 10.3%. The outbreak of COVID-19 disease (COVID-19) is expected to drive the database, storage & backup software publishing market in the forecast period as an increasing number of people are working from home due to lockdowns imposed by governments globally that restrict the gathering of people in public places. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in people working from home by accessing work-related systems and applications through the cloud. Uncertainty surrounding the duration of the spread of COVID-19 is expected to lead to more companies adopting cloud technology to support their employees working from home, thereby driving market growth. With technological advances in cloud computing and the continuous requirement of updating in-house IT infrastructure, companies are witnessing a rising demand for public cloud platforms. A public cloud is a service based on the standard cloud computing model, in which a service provider makes resources, such as virtual machines (VMs), applications or storage, available to the general public over the Internet. Companies are increasingly opting for public cloud platforms to minimize their costs as the public cloud provides services on a pay-as-you-go model, the need for organizations to invest in and maintain their own in-house IT resources, and enables scalability to meet workload and user demands. In March 2020, Quantum a US-based, digital storage company acquired Western Digital Technology's ActiveScale's object storage software. This acquisition helps Quantum Corporation to expand its products and services in the object storage market. Western Digital Technology is a computer hard disk drive manufacturer and data storage company. It is headquartered is in San Jose, California, United States. Major companies in the database, storage & backup software publishing market include Google, Broadcom Ltd., NetApp Inc., NEC Corporation, Altice NV and Commvault Systems, Inc. Asia-Pacific was the largest region in database, storage & backup software publishing market in 2022. North America was the second largest region in database, storage & backup software publishing market. The regions covered in the database, storage & backup software publishing market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the database, storage & backup software publishing market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The database, storage and backup software publishing market includes revenues earned by entities by developing and distributing software programs or utilities used for creating, editing and maintaining database files and records. It allows users to store data in the form of structured fields, tables and columns, which can then be retrieved directly and/or through programmatic access. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global database, storage and backup software publishing market is segmented - 1) By Type: Database Software, Middleware Software, Storage And Backup Software 2) By End-User Industry: BFSI, Media And Entertainment, IT and Telecommunications, Energy And Utilities, Government And Public Sector, Retail And Consumer Goods, Manufacturing, Other End-User Industries 3) By Deployment Model: On-Demand/Cloud, On-Premise

Database software is designed to create databases and store, manage, search, and retrieve information. The main types of database software are database operation management, and database maintenance management. Database operation management refers to database software that develops, and supports structured data to maximize the value of data across the enterprise. The database software is used by BFSI (banking, financial services, and insurance), IT and telecommunication, media and entertainment, healthcare, aerospace & defense, and other end-users and deployed through cloud and on-premise. The database software market research report is one of a series of new reports from The Business Research Company that provides database software market statistics, including database software industry global market size, regional shares, competitors with a database software market share, detailed database software market segments, market trends and opportunities, and any further data you may need to thrive in the database software industry. This database software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global database software market size will grow from $142.03 billion in 2022 to $163.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global database software market size is expected to grow to $274.48 billion in 2027 at a CAGR of 13.8%. Businesses that engage with various types of data for analysis and making future decisions in today's data-driven world must be able to store data without difficulties and with simplicity. The rise of data-driven firms and e-commerce companies will significantly drive and fuel the database software market on a global basis. For instance, according to Forrester, businesses that rely on database management software tools to make decisions are 58% more likely to beat their revenue goals than non-data driven companies. Therefore, this continued increase in data driven businesses drives the database software market. A rising number of security concerns are expected to limit the growth of companies in the database software market during the forecast period. Security concerns have been increasing in recent times due to online availability of personal data. The database software store large databases online and these data of stakeholders/customers are accessed by teams around the globe which poses the potential for mistreatment of data. The data in the database software and other software faces security concerns including corporate/competitive espionage, fraud, ID theft, nations-state espionage and unauthorized sales of data to third-party. These issues restrict the growth of database software. For example, according to Cybersecurity Ventures, a global cyber economy researcher, cybercrime is expected to cost the world $10.5 trillion annually by 2025. The cybercrime costs cover stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, damage and destruction of data, embezzlement, fraud, and others. Thus, the rising number of security concerns will limit the growth of the database software market. With Big Data gaining traction, database software companies are focusing on products to store and process Big Data. Databases such as SQL or NoSQL are tools to store, process and analyze Big Data. Efficient processing and storing of big data enable organizations to gather key insights and patterns from the available data and helps them in making intelligent decisions based on the same. Database software companies are therefore investing in adding new features to enable faster and more effective management of huge volumes of data. Some of the major database software tools include AWS DynamoDB, Azure Cosmos DB, and Amazon DocumentDB. In October 2021, Rocket Software, an American software development firm acquired the database and tools products of Zumasys Inc. for an undisclosed amount. The acquisition enables Rocket to innovate and offer products at scale. Zumasys Inc. is a US-based provider of MultiValue database software. Major players in the database software market are Oracle, Microsoft, IBM, SAP, Amazon, Redis, Teradata, Couch base, SQLite, MongoDB, Tandem, Mark Logic, ArangoDB, MariaDB, TablePlus, EnterpriseOB, RavenDB, NCR, Pervasive Software, FileMaker Inc., Software AG, HP (Vertica System), Informatica Corporation, InterSystems, iWay Software (subsidiary of IBI), MetaMatrix (subsidiary of Red Hat), Actian Corporation. North America was the largest region in the database software market in 2022. Asia-Pacific was the second largest region in the global database software market. The regions covered in the global database software market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the database software market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The database software market includes revenues earned by entities by developing and distributing software that are used to develop, modify and maintain database records and files. This software enables users to store data in the form of tables, fields and columns and recover them directly and/or through programmatic access. Database software is used for several reasons ranging from compiling client lists, maintaining bookkeeping tasks to running online web site. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global database software market is segmented - 1) By Type: Database Operation Management, Database Maintenance Management 2) By End User: BFSI [Banking and Financial Services], IT & Telecommunication, Media & Entertainment, Healthcare, Aerospace & Defense, Other End-Users 3) By Deployment: Cloud, On-Premise

Data governance refers to the process of managing the availability, usability, integrity, and security of the information in enterprise systems, based on internal data standards and policies that control data usage. The main types of components in data governance are solutions and services. Data governance solutions refer to a strategic, ongoing, and collaborative practise that enables organisations to discover and track data, understand what it means within a business context, and maximise its security, quality, and value. Data governance solutions and tools help organisations understand, secure, and trust their data. The solutions are deployed in on-premise and cloud modes by small and medium-sized enterprises (SMEs) and large enterprises. The various applications include incident management, process management, compliance management, risk management, audit management, data quality and security management, and other applications that are used by BFSI, retail and consumer goods, telecom and IT, government, healthcare, manufacturing, energy and utilities, transportation and logistics, and other industry verticals. The data governance market research report is one of a series of new reports from The Business Research Company that provides data governance market statistics, including data governance industry global market size, regional shares, competitors with a data governance market share, detailed data governance market segments, market trends and opportunities, and any further data you may need to thrive in the data governance industry. This data governance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global data governance market size grew from $3.21 billion in 2022 to $3.87 billion in 2023 at a compound annual growth rate (CAGR) of 20.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data governance market size is expected to grow to $8.22 billion in 2027 at a CAGR of 20.7%. Rapidly increasing growth in data volumes is contributing to the growth of the data governance market. The expanding number of data-generating devices, such as smartphones, wearable electronics, and a slew of other gadgets with sensors, the popularity of the Internet of Things, cloud computing, and the impending adoption of 5G are all contributing to the exponential growth of data volume. Data governance improves data quality, lowers data management expenses, and increases data scientists', other analysts', and business users' access to needed data. For instance, according to FinancesOnline, a US-based SaaS platform provider, there will be 74 zettabytes of total data in the world by the end of 2021. In addition, 1.145 trillion MB of data will be created every day in 2021. Therefore, the rapidly increasing growth in data volumes is expected to fuel the growth of the data governance market going forward. Strategic partnerships and collaborations have emerged as the key trends gaining popularity in the data governance market. The development of an effective data governance programme will require collaboration and cooperation across several organisations in the enterprise. The foremost among these are the security and analytics teams. For instance, in 2021, Axtria, a US-based provider of cloud software and data analytics company, partnered with Reltio for an undisclosed amount. This collaboration will be able to harness Axtria's experience to strategically alter its sales and marketing processes through competitive insights and predictive analytics. Reltio is a US-based company that provides a cloud-native multi-tenant, multi-domain MDM platform that delivers real-time data at scale. Moreover, in June 2020, Erwin Inc., a US-based company that provides data modeling, data governance, and business process modelling software, partnered with Mikan Associates for an undisclosed amount. This partnership helps organisations adopt data governance solutions. Mikan Associates is a US-based company that provides measurable, impactful data, analytics, and AI-based solutions. In January 2021, Quest Software, a US-based software company, acquired Erwin for an undisclosed amount. This acquisition will broaden Quest's presence in the developing data management and dataops sectors. Erwin is a US-based company that provides data modeling, data governance, and business process modeling software. Major players in the data governance market are IBM Corporation, Oracle, Collibra, Informatica, Talend, TopQuadrant, Alation, TIBCO Software Inc., Varonis, Data Advantage Group, Ataccama, Global Data Excellence, Global IDs, Microsoft Corporation, Adobe Inc., Datum LLC, Infosys Limited, Microfocus, Denodo Technologies, and Amazon Web Services Inc North America was the largest region in the data governance market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data governance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the data governance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The data governance market includes revenues earned by entities by providing solutions and services to provide systematic, ongoing, and collaborative practice that enables organizations to find and track their data, understand what it means in a business context, and maximize the security, quality, and value of that data.The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global data governance market is segmented - 1) By Component: Solutions, Services 2) By Deployment Model: On-Premise, Cloud 3) By Organisation Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises 4) By Application: Incident Management, Process Management, Compliance Management, Risk Management, Audit Management, Data Quality And Security Management, Other Applications 5) By Industry Vertical: BFSI, Retail And Consumer Goods, Telecom And IT, Government, Healthcare, Manufacturing, Energy And Utilities, Transportation And Logistics, Other Industry Verticals

SaaS is a software distribution model which allows data to be accessible from any device with an internet connection and a web browser. The software provider hosts and maintains the servers, databases, and code that comprise the application under this web-based approach. The main deployment types of software as a service (SaaS) are public cloud and private cloud. The public cloud is an IT model in which on-demand computing services and infrastructure are managed by a third party and shared by multiple organizations via the public Internet. The software is used by small and medium enterprises (SMEs), large enterprises for customer relationship management (CRM), enterprise resource planning (ERP), human resource management (HRM), manufacturing and operations and supply chain management (SCM). The various end users of the software include manufacturing, retail, education, healthcare, IT and telecom, BFSI and others. The software as a service (SaaS) market research report is one of a series of new reports from The Business Research Company that provides software as a service (SaaS) market statistics, including software as a service (SaaS) industry global market size, regional shares, competitors with a software as a service (SaaS) market share, detailed software as a service (SaaS) market segments, market trends and opportunities, and any further data you may need to thrive in the software as a service (SaaS) industry. This software as a service (SaaS) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global software as a service (saas) market size will grow from $235.58 billion in 2022 to $253.62 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global software as a service (saas) market size is expected to grow to $328.03 billion in 2027 at a CAGR of 6.6%. Rapid changes in business dynamics in the market are expected to benefit the software as a service (SaaS) market in the forecast period as cloud-based solutions support business operations in changing conditions. Dynamic market conditions include economic uncertainty, competitive rivalry and the increasing adoption of mobile, changing regulations, internet usage and applications. These conditions along with the increasing number of infrastructures and established networks have forced organizations to pursue scalable and flexible solutions such as SaaS and other cloud-enabled services to run and supervise their operations in a cost-effective and efficient way. These factors have also compelled companies to outsource applications and prefer cloud computing services like SaaS to reduce their cost burden on infrastructure. Companies that seek services from a third-party vendor are more likely to get better performance, compliance and customer satisfaction at a low cost. For example, Sony Communications aims at delivering innovative products and better experiences to its customers using automation and Infosys SaaS solutions. Infosys helped Sony to attain customer loyalty and win competition by providing robust IT solutions and design thinking at a low cost which helped Sony to have a competitive edge in the market. Increasing threats on data security especially on cloud platforms are expected to limit the growth of companies in the software as a service market during the forecast period. The threats on data security include industrial espionage and hacking which resulted in multiple breaches of data security involving public cloud environments. These breaches are mainly because of the negligence the cloud service providers. In addition, many companies lack trust in data security when outsourcing from a third-party vendor. As vendor has access to organizations' data, companies fear the misuse of data which might affect the organization's reputation. For example, Code Spaces, a former SaaS provider, discontinued its operations as hackers had access to its cloud services and stole all their data due to which Code Spaces faced damages to its reputation, finances, and business. The introduction of artificial intelligence is gaining popularity in the SaaS market. Artificial Intelligence (AI) is an area of computer science that focus on the simulation of human intelligence processes by machines. AI in SaaS helps companies to upgrade themselves from time to time with the latest data, create better user experience through predictive analytics, automate the areas where manual functions were required previously and personalize user interface features. For example, Oracle, a big player in SaaS market uses AI and machine learning to overtake salesforce in SaaS. This indicates that AI and machine learning would be differentiating factors for the growth of SaaS market. The General Data Protection Regulation (GDPR) break the split of regulations for the security of personal data in the European Union. It makes provisions to protect personal data and privacy of EU citizens for transactions that happen within EU member states. It also regulates the export of personal data outside the EU. There could be data-subjects that patronize the subscriber that are located in the EU, even if a single SaaS subscriber is based in a non-EU location and the SaaS application is based in a non-EU location. This may cause the subscriber to follow the GDPR regulations. For instance, Intercom, a US-based SaaS provider is shortening its time of storing data on visitors to customers' sites by deleting the visitor data if a visitor has not been seen for nine months to comply with the GDPR. In October 2021, Microsoft Corporation acquired Ally.io for an undisclosed amount. With this acquisition, Ally.io has become a member of the Microsoft Viva family as part of its employee experience platform (EXP) designed to assist businesses in embracing the new digital work life. Ally.io is a US-based SaaS startup. Major players in the Software as a Service (SaaS) market are Salesforce, ServiceNow, Microsoft, Google, CisCo., Slack, Adobe, Oracle, Amazon AWS, DocuSign, Zendesk, Dropbox, ADP, Atlassian Confluence, Shopify, Workday, Hubspot, SAP, IBM, Box, Concur, JIRA, GitHub, GoToMeeting, Twilio, CoupaSoftware, Xero and Zuora. North America was the largest region in the Software as a Service (SaaS) market in 2022. Western Europe was the second largest region in the global Software as a Service (SaaS) market. The regions covered in the global Software as a Service (SaaS) market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the software as a service (SaaS) market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The software as a service (SaaS) market includes revenues earned by entities by providing cloud based software services. SaaS is a software solution that can be purchased on a subscription or pay per use basis to use an application for organizational purposes. Customers can access this application over the internet, mainly through a web browser. All software and application data is located in the service provider's data center. SaaS allows an organization to run an application with minimal upfront costs and accelerates the overall functionality of the organization. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global software as a service (SaaS) market is segmented - 1) By Application: Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Human Resource Management (HRM), Manufacturing and Operations, Supply Chain Management (SCM) 2) By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud 3) By Enterprise Size: Small & Medium Enterprises (SMEs), Large Enterprises 4) By End User: Manufacturing, Retail, Education, Healthcare, IT & Telecom, BFSI, Other End-Users

Data center colocation refers to a physical location that provides room with sufficient power, cooling, and security to house servers and computer hardware for enterprises. Anything from cabinets to cages to private apartments are included in this capacity. Data center colocation is a method of renting actual office space, network or internet bandwidth, and other services from an existing data center to third parties to set up their own data center. The main types of data center colocation are retail colocation and wholesale colocation. The retail colocation is a space where the consumer takes the space for lease that is within the data center such as rack space within the rack of caged-off area. The different sizes of enterprises include large enterprise and small scale enterprise. It is implemented in various verticals such as BFSI, IT and telecom, government and defense, healthcare, others. The data center colocation market research report is one of a series of new reports from The Business Research Company that provides data center colocation market statistics, including data center colocation industry global market size, regional shares, competitors with a data center colocation market share, detailed data center colocation market segments, market trends and opportunities, and any further data you may need to thrive in the data center colocation industry. This data center colocation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global data center colocation market size grew from $55.9 billion in 2022 to $65.55 billion in 2023 at a compound annual growth rate (CAGR) of 17.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data center colocation market size is expected to grow to $110.88 billion in 2027 at a CAGR of 14.0%. The high cost of an in-house data center is encouraging companies to adopt data center colocation services which in turn is propelling the demand for the data center colocation market. Colocation services result in significant cost savings as compared to managing an in-house data center. For instance, the average annual cost of operating a large data center ranges from $10 million to $25 million. With data center colocation services, companies can reduce their spending on managing and maintaining an in-house server, which in turn reduces the overall IT expenditure of the companies. Therefore, the high cost of an in-house data center is increasing the demand for the data center colocation market. The introduction of the underwater data center is shaping the data center colocation market. The underwater data center is designed to use renewable electricity from tides and waves. It occupies less land onshore and is capable of using the flowing seawater to efficiently cool the electronics. In January 2021, Beijing Highlander Digital Technology Co, a China-based marine electronic technology products firm, and Guangzhou Shipyard International Co, a China-based shipbuilding enterprise, together introduced an underwater data center that involves the installation of internet facilities such as servers in airtight pressure vessels with the required cooling performance under the surface of the ocean. This underwater data center helps in reducing the amount of energy that is consumed and acts as a sustainable data center solution. In March 2020, Digital Realty, a US-based company that provides colocation and peering services, acquired Interxion for $8.4 billion. The acquisition aims to meet the colocation demands and requirements that are needed for businesses. Interxion is a Netherland-based company that provides carrier and cloud-neutral colocation data center services. Major players in the data center colocation market are Digital Realty Trust Inc., CyrusOne Inc., Global Switch, Cyxtera Technologies, Equinix Inc., China Telecom Corp. Ltd., Verizon Communication Ltd., AT&T Inc., Rackspace, NTT Ltd., CoreSite Realty Corp., NaviSite, SunGuard Availability Services, Telecity Group, and DuPont Fabros Technology Inc., North America was the largest region in the data center colocation market in 2022. The regions covered in the data center colocation report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the data center colocation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The data center colocation market includes revenues earned by entities by providing bandwidth requirements while providing shared, secure spaces in cool, monitored environments that are ideal for servers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global data center colocation market is segmented - 1) By Type: Retail Colocation, Wholesale Colocation 2) By Enterprise Size: Large Enterprise, Small Scale Enterprise 3) By End-User: BFSI, IT And Telecom, Government And Defense, Healthcare, Other End Users

The data acquisition (DAQ) system refers to a system that can measure and record physical or electrical properties to understand the system’s performance. DAQ systems are computer-based measurement systems that help in measuring an electrical or physical phenomenon such as current, voltage, pressure, temperature, or sound. These systems capture and store data from an actual system for further scientific and engineering review. The main types of data acquisition (DAQ) systems are peripheral component interconnect (PCI), LAN extensions for instrumentation (LXI)/ ethernet, VME extensions for instrumentation (VXI), PCI extensions for instrumentation (PXI), universal serial bus (USB), and standalone. The main components include hardware and software. They offer high-speed (>100 ks/s) and low-speed (<100 ks/s). The various applications include research and analysis, manufacturing and quality, asset condition monitoring, and design validation and repair that are used by aerospace and defense, energy and power, automotive and transportation, wireless communication and infrastructure, water and wastewater treatment, healthcare, and food and beverages. The data acquisition (DAQ) system market research report is one of a series of new reports from The Business Research Company that provides data acquisition (DAQ) system market statistics, including data acquisition (DAQ) system industry global market size, regional shares, competitors with a data acquisition (DAQ) system market share, detailed data acquisition (DAQ) system market segments, market trends and opportunities, and any further data you may need to thrive in the data acquisition (DAQ) system industry. This data acquisition (DAQ) system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global data acquisition (DAQ) system market size grew from $1.77 billion in 2022 to $1.9 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data acquisition (DAQ) system market size is expected to grow to $2.58 billion in 2027 at a CAGR of 7.9%. The increasing demand for automation is significantly driving the growth of the data acquisition (DAQ) system market. Automation refers to the application of technologies with minimal human intervention for producing and delivering goods and services. The majority of the industrial sectors are adopting automated technologies to cut back errors, reduce repetitive tasks, and lower processing costs. The increasing demand for automation in the industries is directly promoting the increased use of data acquisition (DAQ) systems. For instance, according to the Future of Jobs Survey 2020, World Economic Forum, an international non-governmental and lobbying organization, 50% of business leaders are planning to adopt automation of repetitive tasks and 85% of business leaders said that automation will give more time to focus on the important goals to the company. Therefore, the increase in demand for automation is driving the growth of the data acquisition (DAQ) system market. Product innovations are the key trends gaining popularity in the data acquisition (DAQ) system market. The market players are developing innovative products for their market growth strategy. For instance, in November 2021, METIS Cyberspace Technology SA, a US-based Data Acquisition for maritime industry company, launched Ship Connect, the next-generation automated data-acquisition system to enable the development of ship performance analytics and enhance data transfer and monitoring. The system optimizes network bandwidth and transfers the readings to the METIS cloud platform from vessel equipment, making them immediately available for analysis. In July 2021, Spectris plc, a UK-based company operating in high-tech instruments, test equipment, and software acquired Concurrent Real-Time, Inc for an undisclosed amount. Through this acquisition, Spectris plc aims to enhance and grow its market-leading simulator platform businesses and fully integrate hardware-in-the-loop (‘HiL’) technology. Concurrent Real-Time, Inc is a US-based provider of high-performance, real-time computational hardware and software solutions. Major players in the data acquisition (DAQ) system market are Siemens AG, National Instruments Corporation, Keysight Technologies, ABB, Fortive Corporation, Emerson Electric Co., General Electric, Schneider Electric, Honeywell, Agilent Technologies, Advantech Co. Ltd., Yokogawa Electric Corporation, Data Translation Inc., Campbell Scientific Inc., and Teledyne. North America was the largest region in the data acquisition (DAQ) system market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data acquisition (DAQ) system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the data acquisition (DAQ) system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The data acquisition system market includes revenues earned by entities by providing flight data acquisition services, structural dynamics test systems services, local electronic data capture systems services. The market value includes the value of related goods sold by the service provider or included within the service offering. The data acquisition system market also includes sales of sensor, computers, signal conditioning gear which are used in providing data acquisition system services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global data acquisition daq system market is segmented - 1) By Type: Peripheral Component Interconnect (PCI), LAN Extensions For Instrumentation (LXI)/ Ethernet, VME Extensions For Instrumentation (VXI), PCI Extensions For Instrumentation (PXI), Universal Serial Bus (USB), Standalone 2) By Component: Hardware, Software 3) By Speed: High-speed (>100 KS/S), Low-speed (<100 KS/S) 4) By Application: Research And Analysis, Manufacturing And Quality, Asset Condition Monitoring, Design Validation And Repair 5) By End User: Aerospace And Defense, Energy And Power, Automotive And Transportation, Wireless Communication And Infrastructure, Water And Wastewater Treatment, Healthcare, Food And Beverages

Storage & backup software is an application used to store data, make duplicate copies of the data to protect it, and make it recoverable in the event of loss, damage, or malware infection. The main types of storage and backup software are storage software and backup software. Backup software allows to backup files, folders, documents, software data, most data types in a computer or server. The software is deployed through cloud and on-premise mode by various end-users such as banking, financial services and insurance (BFSI), telecommunication, consumer goods and retail, media and entertainment, healthcare and life sciences, and government. The storage and backup software market research report is one of a series of new reports from The Business Research Company that provides storage and backup software market statistics, including storage and backup software industry global market size, regional shares, competitors with storage and backup software market share, detailed storage and backup software market segments, market trends and opportunities, and any further data you may need to thrive in the storage and backup software industry. This storage and backup software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global storage and backup software market size will grow from $18.02 billion in 2022 to $19.33 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global storage and backup software market size is expected to grow to $24.29 billion in 2027 at a CAGR of 5.9%. The growing volume of data and the awareness among organizations to backup and protect their data are expected to benefit the storage and backup software market in the forecast period. In addition, the growing adoption of cloud-based technologies, and the need for storage and protection across all enterprises are also driving the growth of the storage and backup software market. For example, it is estimated that more than 72% of global enterprises will shift to cloud storage from on-premise data centers by 2022. Rising concerns about data privacy and governance are expected to restrain market growth. Security concerns over protecting information regarding stakeholders and private data caused due to hacking, espionage and other security threats restrict the deployment of cloud storage and other software for storage and backup. These factors invariably limit the storage and backup software market. For example, industries such as BFSI, healthcare, retail, and others are unwilling to invest in the market due to security issues, thus restraining it to grow at its full potential. One of the latest trends in the storage and backup software market is the adoption of artificial intelligence (AI) based applications which can create, store and protect data. Artificial intelligence is an area of computer science which simulates human intelligence. AI based applications create information on their own and verify the source of information before composing bits of knowledge to a database. These applications can also refine database management policies, align data to database capabilities and assess metadata across organization storage infrastructure. For instance, Commvault, one of the major vendors in the field of storage and backup software, introduced a new kind of backup and recovery software, which works with AI. This software helps users to keep data backup and recovery more efficient and effective by analyzing their patterns and performance. In March 2020, Insight Partners, a US-based venture capital and private equity firm acquired Veeam Software for $5 billion. The acquisition enables Veeam to further drive its growth through support, invaluable resources, and expertise of Insight Partners. Veeam Software is an American provider of backup, disaster recovery and modern data protection software. Major players in the storage and backup software market are Dell Inc., HPE, Netapp, Hitachi, IBM, Huawei, International Business Machines Corporation, Toshiba Corporation, Pure Storage Inc., Nutanix Inc., Micron Technology, Tintri, Inc., Cloudian, Inc., Quantum Corporation, Samsung Electronics, Fujitsu Ltd., VMware, Inc., Nexenta Systems, Netgear Inc., Inspur, Oracle, Acronis, Commvault, CA Technologies. Asia-Pacific was the largest region in the storage and backup software market in 2022. North America was the second largest region of the global storage and backup software market. The regions covered in the global storage and backup software market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the storage and backup software market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The storage and backup software market includes revenues earned by entities by developing and distributing software, which provides users and programmers with a systematic way to create, retrieve, update and manage data. This software allows users to read, update and delete data, which can then be fetched directly and/or through programmatic access. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global storage and backup software market is segmented - 1) By Type: Storage Software, Backup Software 2) By End User: Banking, financial services & insurance (BFSI), Telecommunication, Consumer goods & retail, Media & entertainment, Healthcare & life sciences, Government 3) By Deployment: Cloud, On-premise