Global Disaster Recovery as a Service (DRaaS) Growth, Trends, Industry Analysis and Forecast to 2025 |The Insight Partners

The “Global Disaster Recovery as a Service (DRaaS) Market report categories the global market by Services, Applications, End-users and Geography” report provides a detailed overview of the major factors impacting the global market with the market share analysis and revenues of various sub segments.

Disasters are the consequences of events triggered either by machines or natural hazards on which humans have limited control. Years ago, natural disasters impacted on the society and businesses, these further the dent to overall economy of any region. The advancing technology has proved to avoid damage to an extent, events such as tsunami, floods, hurricanes, and earthquakes are some of the natural disasters which human kind have been tackling all these years. Disaster are not confined to natural activities alone, human or machine errors can also set the business to experience worst of the situations.

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Though natural disasters are inevitable, technologies such as monitoring systems, alert systems and others can keep the society much updated with disasters that are possible to happen. Apart from alerts only there are systems which help enterprises to automatically recover or backup the important data which avoids minimal damage to the business. While natural disasters account some share of the risk, other disasters such as hardware failure, human error, software failure holds the major share of any business breakdown.

55% of the downtime caused due which the mid-sized and small enterprises are impacted is due to hardware failures, sometimes machines are also prone to commit mistakes as humans. Several stages of redundancy of systems such as power supplies, network controllers and hard drives it is assumed that majority of the risk is covered, but any malfunction in these systems can be easily detected with number of monitoring systems available today.

Modern hardware equipment are resistant to failures, most devices fall far short of a perfect track record. No one is immune to hard disk or internet connection failures. While it can be expensive for any company to eliminate single point of failure in overall infrastructure, companies adhering to disaster recovery which will avoid from business being impacted at a larger scale.

Disaster Recovery Plan (DRP) is also known as Business Continuity Plan (BCP) or Business Process Contingency Plan (BPCP) these plans define how an enterprise should deal with likely disasters. DRP consists of the safety measures to be taken to reduce the impacts of a disaster which further enables the company to efficiently restart functions. Usually, DRP involves complete analysis of business processes and continuity needs, it may also include a significant focus on disaster prevention.

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DRaaS adoption is increasing year on year and is being important aspect for all the computing enterprises due to their data dependency businesses, as devices, systems, and networks become more complex, leads to more probability of breakdown. The solutions and services provided for disaster recovery are through cloud to reduce the operational and capital expenses incurred.

Segmentations Covered in the Disaster Recovery as a Service (DRaaS) Market
• Solution : Disaster Planning and Testing, Real-Time Replication, Backup Solutions, Data Security and Compliance
• Services : Consulting and System Integration, Support and Maintenance, Managed Service
• End-users : BFSI, Telecommunication and IT, Retail and Wholesale, Healthcare, Entertainment, Government, Education, Manufacturing
• Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)

Some of the leading players in Disaster Recovery as a Service (DRaaS) Market Report
• Honeywell International Inc.
• Lockheed Martin Corporation
• Motorola Solutions
• Rockwell Collins
• Siemens AG.
• Iridium Communication
• Telecommunication Systems

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Reason to buy
• Highlights widely used product offerings thereby allowing organizations to gain revenues by focusing majorly on select products
• The key findings and recommendations highlight crucial progressive industry trends in the Disaster Recovery as a Service (DRaaS) market, thereby allowing players across the value chain to develop effective long term strategies
• Get reliable information about the strategies manufacturers in this market use to drive revenue
• Gain insights into the competitive landscape, to strengthen market competitiveness and positioning
• Highlights key business priorities in order to assist companies to realign their business strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as the those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
• Examine the current and future impact of the five forces namely: bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants and degree of competition

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About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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