Press release
Disaster Recovery Services Market Projected to Record an Exponential Growth with Impressive CAGR globally by 2024 | Estimate the Key Players - Microsoft, Zerto, Arcserve, Carbonite, Zetta, Datto, IBM
Disaster Recovery Services Market
Global Disaster Recovery Services Market overview:
The report of global Disaster Recovery Services Market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.
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Disaster Recovery Services enables replication of data and application to ensure business continuity in the event of a disaster. With an increasing adoption rate of cloud-based solutions among Small and Medium-sized Enterprises, the Disaster Recovery Services Market is expected to grow rapidly. The base year considered for this study is 2016 and the forecast period considered is 2020-2024. Disaster Recovery involves a set of policies, tools and procedures to enable the recovery or continuation of vital technology infrastructure and systems following a natural or human-induced disaster. Disaster recovery focuses on the IT or technology systems supporting critical business functions, as opposed to business continuity, which involves keeping all essential aspects of a business functioning despite significant disruptive events. Disaster recovery can therefore be considered a subset of business continuity.
The Global Disaster Recovery Services Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Disaster Recovery Services Market is sub segmented into Cloud Based, On-Premises. Based on End Use Industry segment, the Disaster Recovery Services Market is sub segmented into Commercial, Industrial, Government.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Major companies with their market volumes and revenues are covered for each of the regions. The report also deals with market share by participants for the overall market and describes the competitive strategies adopted by these players. Disaster Recovery Services Market segmentation is also done on the basis of applications. Leading players of the industry have also been profiled with their recent developments and other strategic industry activities. A few top players in the industry are Microsoft, Zerto, Arcserve, Carbonite, Plan B, Quorum, Zetta, Datto, Inc, IBM, Acronis International GmbH, Iron Mountain Incorporated.
Key Questions Answered in this Report:
1 What will the market size be in 2023?
2 What are the key factors driving the Global Disaster Recovery Services Market?
3 What are the challenges to market growth?
4 Who are the key players in the Global Disaster Recovery Services Market?
5 What are the market opportunities and threats faced by the key players?
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Latest Industry Updates:
Microsoft:- Myntra, India's leading destination for fashion and lifestyle, has partnered with Microsoft to accelerate its digital transformation and offer an unmatched experience to its customers. Leveraging Microsoft Azure, Myntra is focused on innovation, speed and agility to strengthen its leadership position even further.
"As we accelerate our business and grow our value, the ability to scale our technology in a secure environment to accommodate this growth is critical," said Amar Nagaram, CEO, Myntra. "The Microsoft Azure platform provides our teams the ability to deliver innovative and personalized capabilities for our customers with speed supported by a strong depth of technology expertise from the Microsoft team."
Myntra has worked closely with Microsoft to migrate its platform - from supply chain management to inventory to site capabilities - to Azure for trusted, always-on, hyper-scale and cost-effective computing. These critical capabilities support its entire portfolio of 7,00,000 styles from more than 3,000 international and domestic brands available on its store. Myntra is now in a position to offer a seamless and personalized experience for customers as they shop across its portal both from their personal computers and mobile phones
Disaster Recovery Services Market: Region-wise Outlook
Asia Pacific was a prominent market for Disaster Recovery Servicess in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Disaster Recovery Services market in Asia Pacific.
There are several manufacturers of Disaster Recovery Servicess in Europe and North America. In North America, the demand for Disaster Recovery Servicess is primarily driven by the residential sector. Improved standards of living and rising usage of Disaster Recovery Servicess for flooring purpose are anticipated to drive the market in North America.
In Europe, the demand for Disaster Recovery Services is anticipated to be primarily from the commercial sector. Disaster Recovery Servicess are being employed widely for flooring in commercial complexes, which is estimated be a major factor that is likely to propelling the consistent expansion of the Disaster Recovery Services market in the region.
Demand for Disaster Recovery Servicess in Middle East & Africa is projected be primarily due to the utilization of Disaster Recovery Servicess in the construction industry. In recent years, there has been exceptional growth in the construction industry of UAE and Egypt which has driven the market of Disaster Recovery Servicess in the region of Middle East & Africa
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Table of Contents:
Global Disaster Recovery Services Market Report 2020
1 Disaster Recovery Services Definition
2 Global Disaster Recovery Services Market Major Player Share and Market Overview
3 Major Player Disaster Recovery Services Business Introduction
4 Global Disaster Recovery Services Market Segmentation (Region Level)
5 Global Disaster Recovery Services Market Segmentation (Product Type Level)
6 Global Disaster Recovery Services Market Segmentation (Industry Level)
7 Global Disaster Recovery Services Market Segmentation (Channel Level)
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