Data Protection as a Service (DPaaS) Market

Industry Overview

The Global DPaaS Market size was valued at USD 11.8 billion in 2023 and is expected to grow at a CAGR of 26.8% from 2025 to 2030. The market is projected to reach USD 86.15 billion by 2030.

Data Protection as a Service (DPaaS) is a cloud-based technology that is ever-growing and developing. It helps in backing up or storing data, recovering them when needed, and accessing and managing them easily. It is mainly a more organized and effective data management solution that helps business organizations handle large amounts of data and protect them from leaking. DPaaS is an indispensable tool today for data protection and safety because the amount of data generated every day by organizations is huge. This has resulted in a significant surge in the demand for and adoption of such effective and convenient solutions. These cloud-based solutions effectively help protect sensitive data from being stolen by hackers or from any other cyber threats. 

Also, the new concept of working from home and remote working has also influenced its high demand and adoption to protect and prevent data from ransomware and other phishing attacks. As a result, the global DPaaS market is expected to grow at a rapid rate during the forecast period.

Data Protection as a Service (DPaaS) Market Segment

Insight by Service

According to the service type, the global DPaaS market is divided into three major categories namely, Storage as a Service (SaaS), backup as a service (BaaS), and Disaster Recovery as a Service (DRaaS).

Out of these three segments, it is the DRaaS segment that is expected to grow at the highest rate during the forecast period. This is mainly due to the growing demand in users for data privacy and protection as well as for the remote hardware setup. 

It is also attributed to the diverse range of benefits it offers to different business organizations including offering the best recovery solutions. All these fuel the growth of this segment in particular as well as the global DPaaS market as a whole.

Insight by Deployment

According to the deployment type, which is mainly cloud-based, the global DPaaS market is divided into public, private, and hybrid cloud segments. Out of these three segments, the hybrid cloud segment is expected to grow at a much higher rate than the other two segments. This is primarily because of the benefits it provides, such as flexibility, practicality, sustainability, and cost-effectiveness in managing a given workload, over and above providing higher data privacy and improved security.

Most importantly, this type of solution helps small organizations and Small and Medium-sized Enterprises (SMEs) to manage and support all their business operations most effectively. This results in higher adoption of such solutions in this specific segment, which will, in turn, propel the growth of the global DPaaS market during the forecast period. 

Insight by Organisation Size

The global DPaaS market can also be divided according to the size of the organization namely, small and medium-sized businesses and large enterprises. Out of these segments, is the small and medium-sized business segment that is expected to grow at a faster rate during the forecast period. This is because there is a higher demand for cloud-based solutions and their usage in this particular sector since they usually do not have the appropriate IT infrastructure to share or store large volumes of data. These solutions are not only cost-effective alternatives but are also most effective in protecting data and ensuring its proper management.

Some other notable factors that are driving the adoption rate of these solutions among SMEs are the rise in the possibilities and threat of data theft, the growing demand for more active backup services, and the growing need for data preservation in the long term.

Insight by End-User

According to the end-users, the global DPaaS market can be divided into IT, telecom, power, energy, utilities, banking, finance, manufacturing, insurance, retail, healthcare, government,and public sector. Out of all these sectors, the telecom and IT segment is expected to grow at a faster rate during the forecast period. This is due to the rising demand for data backup, privacy, security, and compliance in this specific industry vertical. DPaaS solutions enable this sector to allow businesses to access data safely and quickly, which, in turn, offers higher scalability.

Global Data Protection as a Service (DPaaS) Market Report Coverage

Market Trend

There are several significant trends noticed in the global DPaaS market over the past couple of years. This is helping in shaping this specific landscape. One significant trend is the growing adoption of hybrid cloud solutions by several businesses. In addition,AI is also used in data analytics and protection. There are several other technologies used as well in DPaaS solutions, such as blockchain technology. These help in reducing the cost of operation, increasing the level of performance and analyzing and managing large volumes of data most effectively.

Businesses do not need to invest unnecessarily in costly infrastructure for data protection and storage. This saves a considerable amount of money not needing any hardware, software, or professional IT personnel for data management. It offers higher scalability and flexibility as businesses can use more or less of the services according to their current data management needs and protection requirements. So can align their capabilities in terms of data protection according to their changing needs.

The security systems are made more robust now to ensure the stored data is well protected from unauthorized access, hacking, and theft, thereby ensuring compliance with the set standards and regulations for data privacy according to the General Data Protection Regulation (GDPR) or the California Consumer Privacy Act (CCPA).

More and more tasks regarding data protection are now outsourced to efficient providers which simplifies data management. With the time and money saved, organizations can now focus on other important areas to develop their core competencies without needing to put too much effort into the technical aspects of data protection as this is managed by professionals.

The disaster recovery abilities of the DPaaS solutions allow business continuity enabling the organizations to recover and restore data to resume their operations quickly after a disaster such as system failure or data loss.

Data Protection as a Service (DPaaS) Market Industry Ecosystem

The ecosystem of the global DPaaS market consists of service providers, vendors, and end-users, each having different roles to play and compositions. For example, the vendors offer DPaaS solutions including data backup, disaster recovery, and data archiving solutions. On the other hand, the service providers offer useful cloud-based services that enable businesses to store data more safely and securely.

The end-users typically comprise small, medium-sized, and large enterprises across different industry verticals, such as BFSI, healthcare, IT, telecom, and more.

Data Protection as a Service (DPaaS) Market Challenges

The global DPaaS market however faces some challenges that may deter its growth to some extent. One such significant challenge is the lack of awareness among organizations about the benefits that these cloud-based solutions may offer. Another notable setback is the high cost involved in the implementation of these solutions as well as the complexities in the ever-changing regulations for data privacy and protection.

However, during the forecast period, the challenges will be eliminated as the vendors will focus more on educating the consumers about the benefits of these solutions and designing more cost-effective solutions that will comply with the latest regulations for data protection.

Data Protection as a Service (DPaaS) Market Geographical Overview

Geographically, the largest contributor to the global DPaaS market is North America, and is expected that it will continue generating the highest revenue in the forecast period. This is mainly the large number of cloud computing and IT sectors in this region, which is expected to grow even more during the forecast period. Another significant aspect that fuels the growth of the DPaaS market in this region is the rapid development of the Internet of Things (IoT) technology.

However, the APAC region will also witness a faster growth rate during the said period due to the increased investments by the governments in these regions in cloud services and infrastructure. This is done mainly to keep up with the growing popularity of cloud computing in this region and the growing demand for data center deployments.

Meanwhile, the APAC market is projected to experience the fastest growth rate over the forecast period owing to the region's rising government spending on cloud services. The increasing popularity of cloud computing and the growth of data center deployments are other factors driving the expansion of the DPaaS market in this region. Therefore, the APAC region presents significant opportunities for DPaaS vendors to expand their operations and increase their market share.

Key Players covered in the Report

The DPaaS market is highly competitive, with several players operating in the market. Some of the key market players include IBM Corporation, Microsoft Corporation, Amazon Web Services, Inc., Dell Technologies, Inc., and Commvault Systems, Inc. These players are focusing on developing innovative solutions that offer enhanced security, scalability, and flexibility to their customers.

Recent Devlopments by Key Players 

Commvault has launched metallic which is a salesforce backup, recovery & sandbox seeding unlimited storage, providing customers with dedicated protection for their salesforce cloud data, expanding on capabilities to offer sandbox masking and seeding, rapid recovery tools, extended retention, data isolation and more. It also safeguards data from corruption, deletion and ransomware attacks.

The Data Protection as a Service (DPaaS) Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

• By Service
  • Backup as a Service (BaaS)
  • Disaster Recovery as a Service (DRaaS)
  • Storage as a Service (STaaS)
• By Deployment
  • Public Cloud
  • Private Cloud
  • Hybrid Cloud
• By Organization Size
  • Small and Medium Enterprises
  • Large Enterprises
• By End-User
  • Telecom & IT
  • Retail
  • Manufacturing
  • Government and Public Sector
  • BFSI
  • Energy and Utilities
  • Others

Region Covered in the Report

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries

Source: VynZ Research

Source: VynZ Research

1.    Research Overview

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Service
                1.2.2.    By Deployment
                1.2.3.     By Organisation Size
                1.2.4.     By End User
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Research Methodology
                1.5.1.    Data Sources
                        1.5.1.1.    Primary Research
                        1.5.1.2.    Secondary Research
                1.5.2.    Methodology
                        1.5.2.1.    Data Exploration
                        1.5.2.2.    Forecast Parameters
                        1.5.2.3.    Data Validation
                        1.5.2.4.    Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030

5.    Market Segmentation Estimate and Forecast

        5.1.    By Service Type
                5.1.1.    Backup as a Service (BaaS) 
                        5.1.1.1.    Market Definition
                        5.1.1.2.    Market Estimation and Forecast to 2030
                5.1.2.     Disaster Recovery as a Service (DRaaS)
                        5.1.2.1.    Market Definition
                        5.1.2.2.    Market Estimation and Forecast to 2030
                5.1.3.     Storage as a Service (STaaS)
                        5.1.3.1.    Market Definition
                        5.1.3.2.    Market Estimation and Forecast to 2030

        5.2.    By Deployment Type
                5.2.1.    Public Cloud
                        5.2.1.1.    Market Definition
                        5.2.1.2.    Market Estimation and Forecast to 2030
                5.2.2.    Private Cloud
                        5.2.2.1.    Market Definition
                        5.2.2.2.    Market Estimation and Forecast to 2030
                5.2.3.    Hybrid Cloud
                        5.2.3.1.    Market Definition
                        5.2.3.2.    Market Estimation and Forecast to 2030

        5.3.    By Organisation Size
                5.3.1.    Small and Medium Enterprises
                        5.3.1.1.    Market Definition
                        5.3.1.2.    Market Estimation and Forecast to 2030
                5.3.2.    Large Enterprises
                        5.3.2.1.    Market Definition
                        5.3.2.2.    Market Estimation and Forecast to 2030

        5.4.    By End User
                5.4.1.    Telecom and IT
                        5.4.1.1.    Market Definition
                        5.4.1.2.    Market Estimation and Forecast to 2030
                5.4.2.    Retail
                        5.4.2.1.    Market Definition
                        5.4.2.2.    Market Estimation and Forecast to 2030
                5.4.3.    Manufacturing
                        5.4.3.1.    Market Definition
                        5.4.3.2.    Market Estimation and Forecast to 2030
                5.4.4.    Government and Public Sector
                        5.4.4.1.    Market Definition
                        5.4.4.2.    Market Estimation and Forecast to 2030
                5.4.5.    BFSI
                        5.4.5.1.    Market Definition
                        5.4.5.2.    Market Estimation and Forecast to 2030
                5.4.6.    Healthcare
                        5.4.6.1.    Market Definition
                        5.4.6.2.    Market Estimation and Forecast to 2030
                5.4.7.    Energy and Utilities
                        5.4.7.1.    Market Definition
                        5.4.7.2.    Market Estimation and Forecast to 2030
                5.4.8.    Others
                        5.4.8.1.    Market Definition
                        5.4.8.2.    Market Estimation and Forecast to 2030

6.    North America Market Estimate and Forecast

        6.1.    By Service 
        6.2.    By Deployment
        6.3     By Organisation Size
        6.4     By End User 
        6.5.    By Country
                6.5.1.    U.S. Market Estimate and Forecast
                6.5.2.    Canada Market Estimate and Forecast
                6.5.3.    Mexico Market Estimate and Forecast
7.    Europe Market Estimate and Forecast
        7.1.    By Service
        7.2.    By Deployment     
        7.3.    By Organisation Size
        7.4.    By End User
        7.5.    By Country
                7.5.1.    Germany Market Estimate and Forecast
                7.5.2.    France Market Estimate and Forecast
                7.5.3.    U.K. Market Estimate and Forecast
                7.5.4.    Italy Market Estimate and Forecast
                7.5.5.    Spain Market Estimate and Forecast
                7.5.6.    Russia Market Estimate and Forecast
                7.5.7.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Service
        8.2.    By Deployment
        8.3.    By Organisation Size
        8.4.    By End User
        8.5.    By Country 
                8.5.1.    China Market Estimate and Forecast
                8.5.2.    Japan Market Estimate and Forecast
                8.5.3.    India Market Estimate and Forecast
                8.5.4.    South Korea Market Estimate and Forecast
                8.5.5.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Service
        9.2.    By Deployment
        9.3.   By Organisation Size
        9.4.    By End User
        9.5.    By Country
                9.5.1.    Brazil Market Estimate and Forecast
                9.5.2.    Saudi Arabia Market Estimate and Forecast
                9.5.3.    South Africa Market Estimate and Forecast
                9.5.4.    U.A.E. Market Estimate and Forecast
                9.5.5.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    IBM Corporation
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Microsoft Corporation
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    Amazon Web Services, Inc.
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    Dell Technologies, Inc.
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    Commvault Systems, Inc.
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Data Protection as a Service Market Size, By Service, 2018 - 2023 (USD Billion)
Table 5 Global Data Protection as a Service Market Size, By Service, 2025 - 2030 (USD Billion)
Table 6 Global Data Protection as a Service Market Size, By Deployment ,2018 - 2023 (USD Billion)
Table 7 Global Data Protection as a Service Market Size, By Deployment,2025 - 2030 (USD Billion)
Table 8 Global Data Protection as a Service Market Size, By Organisation Size, 2018 - 2023 (USD Billion)
Table 9 Global Data Protection as a Service Market Size, By Organisation Size, 2025 - 2030 (USD Billion)
Table 10 Global Data Protection as a Service Market Size, By End User, 2018 - 2023 (USD Billion)
Table 11 Global Data Protection as a Service Market Size, By End User, 2025 - 2030 (USD Billion)
Table 12 Global Data Protection as a Service Market Size, By Region, 2018 - 2023 (USD Billion)
Table 13 Global Data Protection as a Service Market Size, By Region, 2025 - 2030 (USD Billion)
Table 14 North America Data Protection as a Service, By Service Type, 2018 - 2023 (USD Billion)
Table 15 North America Data Protection as a Service Market Size, By Service, 2025 - 2030 (USD Billion)
Table 16 North America Data Protection as a Service Market Size, By Deployment, 2018 - 2023 (USD Billion)
Table 17 North America Data Protection as a Service Market Size, By Deployment, 2025 - 2030 (USD Billion)
Table 18 North America Data Protection as a Service Market Size, By Organisation Size, 2018 - 2023 (USD Billion)
Table 19 North America Protection as a Service Market Size, By Organisation Size, 2025 - 2030 (USD Billion)
Table 20 North America Data Protection as a Service Market Size, By End User, 2018 - 2023 (USD Billion)
Table 21 North America Data Protection as a Service Market Size, By End User, 2025 - 2030 (USD Billion)
Table 22 North America Data Protection as a Service Market Size, By Region, 2018 - 2023 (USD Billion)
Table 23 North America Data Protection as a Service Market Size, By Region, 2025 - 2030 (USD Billion)
Table 24 Europe Data Protection as a Service Market Size, By Service, 2018 - 2023 (USD Billion)
Table 25 Europe Data Protection as a Service Market Size, By Service, 2025 - 2030 (USD Billion)
Table 26 Europe Data Protection as a Service Market Size, By Deployment, 2018 - 2023 (USD Billion)
Table 27 Europe Data Protection as a Service Market Size, By Deployment, 2025 - 2030 (USD Billion)
Table 28 Europe Data Protection as a Service Market Size, By Organisation Size, 2018 - 2023 (USD Billion)
Table 29 Europe Data Protection as a Service Market Size, By Organisation Size, 2025 - 2030 (USD Billion)
Table 30 Europe Data Protection as a Service Market Size, By End User, 2018 - 2023 (USD Billion)
Table 31 Europe Data Protection as a Service Market Size, By End User, 2025 - 2030 (USD Billion)
Table 32 Europe Data Protection as a Service Market Size, By Region, 2018 - 2023 (USD Billion)
Table 33 Europe Data Protection as a Service Market Size, By Region, 2025 - 2030 (USD Billion)
Table 34 Asia-Pacific Data Protection as a Service Market Size, By Service Type, 2018 - 2023 (USD Billion)
Table 35 Asia-Pacific Data Protection as a Service Market Size, By Service, 2025 - 2030 (USD Billion)
Table 36 Asia-Pacific Data Protection as a Service Market Size, By Deployment, 2018 - 2023 (USD Billion)
Table 37 Asia-Pacific Data Protection as a Service Market Size, By Deployment, 2025 - 2030 (USD Billion)
Table 38 Asia-Pacific Data Protection as a Service Market Size, By Organisation Size, 2018 - 2023 (USD Billion)
Table 39 Asia-Pacific Data Protection as a Service Market Size, By Organisation Size, 2025 - 2030 (USD Billion)
Table 40 Asia-Pacific Data Protection as a Service Market Size, By End User, 2018 - 2023 (USD Billion)
Table 41 Asia-Pacific Data Protection as a Service Market Size, By End User, 2025 - 2030 (USD Billion)
Table 42 Asia-Pacific Data Protection as a Service Market Size, By Region, 2018 - 2023 (USD Billion)
Table 43 Asia-Pacific Data Protection as a Service Market Size, By Region, 2025 - 2030 (USD Billion)
Table 44 RoW Data Protection as a Service Market Size, By Service, 2018 - 2023 (USD Billion)
Table 45 RoW Data Protection as a Service Market Size, By Service, 2025 - 2030 (USD Billion)
Table 46 RoW Data Protection as a Service Market Size, By Deployment, 2018 - 2023 (USD Billion)
Table 47 RoW Data Protection as a Service Market Size, By Deployment, 2025 - 2030 (USD Billion)
Table 48 RoW Data Protection as a Service Market Size, By Organisation Size, 2018 - 2023 (USD Billion)
Table 49 RoW Data Protection as a Service Market Size, By Organisation Size, 2025 - 2030 (USD Billion)
Table 50 RoW Data Protection as a Service Market Size, By End User, 2018 - 2023 (USD Billion)
Table 51 RoW Data Protection as a Service Market Size, By End User, 2025 - 2030 (USD Billion)
Table 52 RoW Data Protection as a Service Market Size, By Region, 2018 - 2023 (USD Billion)
Table 53 RoW Data Protection as a Service Market Size, By Region, 2025 - 2030 (USD Billion)
Table 54 Snapshot – IBM Corporation
Table 55 Snapshot – Microsoft Corporation
Table 56 Snapshot – Amazon Web Services
Table 57 Snapshot – Dell Technologies, Inc.
Table 58 Snapshot – Commvault Systems, Inc.

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Data Protection as a Service Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Data Protection as a Service Market Highlight
Figure 12 Global Data Protection as a Service Market Size, By Service, 2018 - 2030 (USD Billion)
Figure 13 Global Data Protection as a Service Market Size, By Deployment, 2018 - 2030 (USD Billion)
Figure 14 Global Data Protection as a Service Market Size, By Organisation Size, 2018 - 2030 (USD Billion)
Figure 15 Global Data Protection as a Service Market Size, By End User, 2018 - 2030 (USD Billion)
Figure 16 Global Data Protection as a Service Market Size, By Region, 2018 - 2030 (USD Billion)
Figure 17 North America Data Protection as a Service Market Highlight
Figure 18 North America Data Protection as a Service Market Size, By Service, 2018 - 2030 (USD Billion)
Figure 19 North America Data Protection as a Service Market Size, By Deployment, 2018 - 2030 (USD Billion)
Figure 20 North America Data Protection as a Service Market Size, By Organisation Size, 2018 - 2030 (USD Billion)
Figure 21 North America Data Protection as a Service Market Size, By End User, 2018 - 2030 (USD Billion)
Figure 22 North America Data Protection as a Service Market Size, By Region, 2018 - 2030 (USD Billion)
Figure 23 Europe Data Protection as a Service Market Highlight
Figure 24 Europe Data Protection as a Service Market Size, By Service, 2018 - 2030 (USD Billion)
Figure 25 Europe Data Protection as a Service Market Size, By Deployment, 2018 - 2030 (USD Billion)
Figure 26 Europe Data Protection as a Service Market Size, By Organisation Size, 2018 - 2030 (USD Billion)
Figure 27 Europe Data Protection as a Service Market Size, By End User, 2018 - 2030 (USD Billion)
Figure 28 Europe Data Protection as a Service Market Size, By Region, 2018 - 2030 (USD Billion)
Figure 29 Asia-Pacific Data Protection as a Service Market Highlight
Figure 30 Asia-Pacific Data Protection as a Service Market Size, By Service, 2018 - 2030 (USD Billion)
Figure 31 Asia-Pacific Data Protection as a Service Market Size, By Deployment, 2018 - 2030 (USD Billion)
Figure 32 Asia-Pacific Data Protection as a Service Market Size, By Organisation Size, 2018 - 2030 (USD Billion)
Figure 33 Asia-Pacific l Data Protection as a Service Market Size, By End User, 2018 - 2030 (USD Billion)
Figure 34 Asia-Pacific Data Protection as a Service Market Size, By Region, 2018 - 2030 (USD Billion)
Figure 35 RoW Data Protection as a Service Market Highlight
Figure 36 RoW Data Protection as a Service Market Size, By Service, 2018 - 2030 (USD Billion)
Figure 37 RoW Data Protection as a Service Market Size, By Deployment, 2018 - 2030 (USD Billion)
Figure 38 RoW Data Protection as a Service Market Size, By Organisation Size, 2018 - 2030 (USD Billion)
Figure 39 RoW Data Protection as a Service Market Size, By End User, 2018 - 2030 (USD Billion)
Figure 40 RoW Data Protection as a Service Market Size, By Region, 2018 - 2030 (USD Billion)