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Global Data Protection as a Service market to triple by 2031, driven by rising cyber threats and regulatory demands.

Market News
08 May 2026
Researchandmarkets.Com
View Source
Bullish
pluang ai news

The global Data Protection as a Service (DPaaS) market is projected to grow from $40.12 billion in 2025 to $134.38 billion by 2031, at a CAGR of 22.32%. This rapid expansion is fueled by increasing cyber threats like ransomware, evolving data privacy laws, and the shift to multi-cloud environments. DPaaS offers cloud-based backup, disaster recovery, and data governance solutions that help businesses safeguard critical data and comply with regulations such as GDPR. However, challenges like data sovereignty and complex international laws may slow adoption, especially for multinational firms. The integration of AI and machine learning is enhancing threat detection and recovery capabilities, positioning DPaaS as a vital tool for resilient data security in a complex digital landscape.

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Telo Genomics ends investor relations deal with Sheridan Adams after a transitional period.

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