Press release
Disaster Recovery As A Service Recent and Future Scenario by Growth, Sales Revenue, and Comprehensive Research till 2025
Disaster Recovery As A Service Market Overview and ForecastGlobal Disaster Recovery As A Service market study incorporates the effect of the lockdowns on business and unexpected changes in the cost structure. Primary sources are industry experts in key and related industries, preferred suppliers, manufacturers, distributors, service providers, technology developers, standards and certification organizations of enterprises, and organizations associated with all sectors of this industry value chain. Statistical data is presented in the form of figures which illustrate the breakdown of primaries conducted during the research study on the basis of company type, designation, and region.
The global disaster recovery as a service market was valued at USD 1.70 billion in 2016 and is projected to reach 38.91 billion by 2025, growing at a CAGR of 41.6% from 2017 to 2025.
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Disaster Recovery As A Service Market Definition
Disaster Recovery as a Service (DRaaS) is a cloud computing solution developed to provide backup storage to a variety of multinational corporations and organizations in response to disasters that may pose the risk of misplacement of confidential data stored on websites and other databases. As more businesses evolve their IT infrastructures with the help of cloud-based solutions, the demand for DRaaS solutions will continue to grow. It also highlighted the need for a disaster recovery solution to prevent system downtime, where ransomware attacks can increase significantly during a pandemic, causing significant losses to organizations.
Competitive Landscape :
1. Microsoft
2. IBM
3. Sunguard
4. Infrascale
5. Recovery Point
6. AWS
7. Cable and Wireless Communication
8. Geminare
9. Iland
10. Bluelock
11. NTT Communications
12. Acronics
Industry Segmentation:
On the basis of Product Type:
Overview, Backup and Recovery, Data Protection, Real-Time Replication, Professional Services, Training, Education, and Consulting, Support and Maintenance
On the basis of Application:
Telecommunication and IT,Media & Entertainment,Government Organization,Manufacturing,Banking & Financial Institutions,Customer Goods and Retail,Healthcare,Transportation & Logistics,Others
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In the Disaster Recovery As A Service Market report, we analyze the global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Oceania], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Benefits of the Report:
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network
• Provision of market value (USD Billion) data for each segment and sub-segment
• The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the industry.
• The information related to COVID-19 prevalence and how it has integrated or dissimilated the Disaster Recovery As A Service market.
• Provides insight into the market through Value Chain
Frequently Asked Questions on Disaster Recovery As A Service Market:
Which end-user is likely to play a vital role in the development of the Disaster Recovery As A Service market?
Which are the current and upcoming trends impacting the growth of the industry over the globe?
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Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun.
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