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Growing Need to Back Up Data propels Global Disaster Recovery as a Service Market

10-11-2023 04:14 PM CET | IT, New Media & Software

Press release from: Inkwood Research

DISASTER RECOVERY AS A SERVICE MARKET

DISASTER RECOVERY AS A SERVICE MARKET

According to a new market research report launched by Inkwood Research, the Global Disaster Recovery as a Service Market is set to grow with a CAGR of 24.62% and generate a revenue of $69960.28 million during the forecast period of 2022 to 2030.

Browse 60 market data Tables and 49 figures spread over 200 Pages, along with an in-depth analysis of the Global Disaster Recovery as a Service Market by Organization Size, Deployment Mode, Service, Industry Vertical, & by Geography

Refer to the Report Summary Here: https://inkwoodresearch.com/reports/disaster-recovery-as-a-service-draas-market/

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Disaster Recovery as a Service Market Scenario

The growing adoption of cloud services among industry verticals like IT & Telecom and BFSI has raised the need for cost-effective and swifter data recovery solutions like Disaster Recovery as a Service (DRaaS). Also, IT infrastructure advancements, improved RPO, need for business continuity, rising regulatory compliance, and demand for protection are projected to drive the global Disaster Recovery as a Service market growth.

The rising need for backing up the data is among the major growth drivers of the global DRaaS market. DRaaS enables companies to recover data within a few minutes without any interruption depending on the server. Besides, DRaaS is a cloud computing and backup service model making use of cloud resources to protect data and applications from disaster disruption. Additionally, it provides a total system backup for organizations, facilitating business continuity in the event of system failure. However, the market growth is restrained by privacy concerns and cost constraints.

The Global Disaster Recovery as a Service Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Disaster Recovery as a Service Market by Organization Size, Deployment Mode, Service, Industry Vertical, & by Geography: https://inkwoodresearch.com/reports/disaster-recovery-as-a-service-draas-market/#request-free-sample

Market Segmentation

Market by Organization Size
• Large Organizations
• Small & Medium-Sized Organizations

Market by Deployment Mode
• Private Cloud
• Hybrid Cloud
• Public Cloud

Market by Service
• Real Time Replication Services
• Backup & Restore
• Data Security Services
• Professional Services

Market by Industry Vertical
• Government
• Banking & Financial Institutions
• IT and Telecommunications
• Manufacturing
• E-Commerce and Retail
• Healthcare
• Transportation & Logistics
• Other Industry Verticals

Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030

Companies Profiled
• VEEAM
• VMWARE INC
• AMAZON WEB SERVICES INC
• NTT DATA CORPORATION
• RECOVERY POINT SYSTEMS INC
• MICROSOFT CORPORATION
• KYNDRYL HOLDINGS INC
• SUNGARD AVAILABILITY SERVICES
• SAP SE
• 11:11 SYSTEMS
• ZERTO LTD
• CISCO SYSTEMS INC

Related Reports

GLOBAL CLOUD MIGRATION SERVICES MARKET - https://inkwoodresearch.com/reports/cloud-migration-services-market/

The global cloud migration services market is set to project a CAGR of 26.12% during 2021-2028.

GLOBAL HYBRID CLOUD MARKET - https://inkwoodresearch.com/reports/hybrid-cloud-market/

The global hybrid cloud market is expected to record a CAGR of 19.53% during the forecast period, 2019-2027.

Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

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