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United States Disaster Recovery as a Service market, CAGR of 27.55%
UNITED STATES DISASTER RECOVERY AS A SERVICE MARKET
This marketis a pivotal sector within the country, encompassing major industry players such as Amazon Web Services Inc, Cisco Systems Inc, Kyndryl Holdings Inc, Microsoft Corporation, VMware Inc, and Zerto Ltd.
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DRAAS serves as a critical solution for businesses, ensuring continuity and resilience in the face of potential disasters or disruptions. With the increasing frequency and severity of cyber threats, natural disasters, and operational downtime, the demand for robust disaster recovery solutions has surged.
Leading companies like Amazon Web Services Inc and Microsoft Corporation specialize in cloud-based disaster recovery services, offering scalable solutions that enable businesses to swiftly recover their data and applications in case of disruptions.
Cisco Systems Inc and VMware Inc provide innovative technologies in networking and virtualization, integral components for reliable disaster recovery solutions, ensuring seamless operations even during disruptions.
Kyndryl Holdings Inc, as an independent entity from IBM, focuses on delivering comprehensive disaster recovery and business continuity services, addressing diverse business needs for risk mitigation and recovery planning.
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Zerto Ltd, a notable player in the market, offers disaster recovery solutions with continuous data protection, ensuring minimal downtime and data loss in the event of an outage.
The United States Disaster Recovery as a Service (DRAAS) market's projected CAGR of 27.55% underscores the increasing awareness and adoption of proactive disaster recovery strategies among businesses. This growth aligns with the nation's commitment to maintaining operational continuity and safeguarding data integrity.
In conclusion, the forecasted CAGR of 27.55% for the United States Disaster Recovery as a Service (DRAAS) market from 2022 to 2028 highlights a profound shift in how businesses approach continuity and resilience planning. The projected revenue of $17,708.40 million by 2028 underscores the burgeoning demand for robust disaster recovery solutions in an era defined by digital dependency and escalating risks.
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