Press release
Covid-19 Update: Global 2020-2023 Disaster Recovery As A Service (Draas) Market Segmentation, Analysis By Recent Trends, Development And Growth By Regions
The Business Research Company offers "Disaster Recovery As A Service (DRaaS) Global Market Report 2020-30: COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global disaster recovery as a service (draas) market is expected to grow from $4.4 billion in 2019 to $6.1 billion in 2020 at a compound annual growth rate (CAGR) of 38.8%. The growth of this market is mainly due to increasing preferences of organizations for cloud bases services backup. The market is then expected to recover and grow at a CAGR of 38.8% from 2021 and reach $16.3 billion in 2023.
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The disaster recovery as a service (DRaaS) market consists of sales of cloud based disaster recovery as a services for protecting applications and data from the disruption caused due to dis
aster. DRaaS helps in business continuity in any event of system failure.
The rise in need for backing up public and private data drives the growth of the disaster recovery as a service market. There is 2.5 quintillion bytes of data created every day and a major factor contributing to the loss of this data is unplanned downtime of systems which further results in the shutdown of various companies. The potential losses and damage due to the system downtimes are huge and hence there is a need for backup services.
Disaster Recovery As A Service (DRaaS) Market Segmentation:
By Service Type
1. Backup & Recovery,
2. Real-Time Replication,
3. Data Protection.
By Application
1. Banking,
2. Financial services and insurance (BFSI),
3. Government,
4. IT and telecom,
5. Media and entertainment,
6. Manufacturing and logistics,
7. Education.
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Few Points From Table Of Content
1. Executive Summary
2. Disaster Recovery As A Service (DRaaS) Market Characteristics
3. Disaster Recovery As A Service (DRaaS) Market Size And Growth
4. Disaster Recovery As A Service (DRaaS) Market Segmentation
5. Disaster Recovery As A Service (DRaaS) Market Regional And Country Analysis
……
25. Disaster Recovery As A Service (DRaaS) Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Disaster Recovery As A Service (DRaaS) Market
27. Disaster Recovery As A Service (DRaaS) Market Trends And Strategies
28. Disaster Recovery As A Service (DRaaS) Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the disaster recovery as a service (DRaaS) market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the disaster recovery as a service (DRaaS) market are Message Labs Africa and Node Africa, HP Enterprises Company, Treo Information Technology , NTT Communications , Veeam Software, Zerto, Windstream Communications, Verizon.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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