Press release
Disaster Recovery as a Service Market to 2022 – Growing Steady at 41.8% CAGR and Projected to Reach US$ 12.54 Billion
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The Disaster Recovery as a Service Market is expected to grow from US$ 2.19 Billion in 2017 to US$ 12.54 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 41.8% during the forecast period. The DRaaS market is driven by factors, such as benefits of fast recovery, cost effectiveness, and greater flexibility, and automation capabilities and increasing adoption rate among Small and Medium-sized Enterprises (SMEs)
Top Key Players in the “Disaster Recovery as a Service Market” include are
• Amazon Web Services (Washington, US)
• Cable & Wireless Communications Limited (London, UK)
• IBM Corporation (Armonk, New York, US)
• SunGard Availability Services (Pennsylvania, US)
• Microsoft Corporation (Washington, US)
• iland Internet Solutions (Texas, US)
• Infrascale, Inc. (California, US)
• Bluelock, LLC (Indiana, US)
• Recovery Point Systems (Maryland, US)
• Acronis International GmbH (Massachusetts, US)
• TierPoint, LLC (Missouri, US)
• Geminare Incorporated (California, US)
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North America is expected to hold the largest market share during the forecast period, as organizations are shifting toward cloud-based solutions and services with the increasing adoption of digital business strategies. Further more, organizations have invested heavily on advanced technologies to gain competitive advantage and improve business operations. The APAC region is in the initial growth phase; however, it is the fastest growing region in the global DRaaS market.
The Study Objectives of this report are:
• To forecast the market size of the 5 main regional segments: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
• To analyze subsegments with respect to individual growth trends, prospects, and contribution to the total market
• To provide a detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
• To analyze the opportunities in the market for stakeholders and to provide details of competitive landscape for major players
Access Complete report on Disaster Recovery as a Service Market spread across 157 Pages, profiling 12 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=226126 .
Target Audience for Disaster Recovery as a Service Market:
• Cloud vendors
• Disaster Recovery as a Service solution providers
• Application design and development service providers
• System integrators/migration service providers
• Consultancy firms/advisory firms
• Training and education service providers
• Data integration service providers
• Data quality service providers
• Managed service providers
Research Coverage:
The Disaster Recovery as a Service Market has been segmented on the basis of service types, service providers, deployment models, organization size, verticals, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overviews, products and services, key strategies, new product launches, partnerships, agreements and collaborations, business expansions, and competitive landscape associated with the DRaaS market.
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Contact:
Mr. Vishal
Call +1 888 391 5441
Tower B5, Office 101,
Magarpatta City SEZ,
Pune-411013, India
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