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Disaster Recovery as a Service (DRAAS) Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2031 | Sungard Availability Services, Recovery Point, TierPoint, LLC, InterVision, Acronis International GmbH
Disaster Recovery as a Service (DRAAS) Market 2024-2031 Forecast: Unveiling Opportunities and GrowthGlobal Disaster Recovery as a Service (DRAAS) Market is an exploration report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. These bits of knowledge offered in the Disaster Recovery as a Service (DRAAS) Market report would benefit request players to define systems for the future and gain a solid situation in the worldwide market request development. Other than this, the specialists have profoundly contemplated distinctive geological regions and introduced a serious situation to help new rivals, driving business sector players and fiscal backers to decide arising economies.
According to Insider Market Research, the Disaster Recovery as a Service (DRAAS) Market size is estimated to increase by USD 24.6 Billion at a CAGR of 23.9% from 2024 to 2031. Currently, the market value is pegged at USD 6.5 Billion.
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Key Players in the Disaster Recovery as a Service (DRAAS) market:
Sungard Availability Services, Recovery Point, TierPoint, LLC, InterVision, Acronis International GmbH, IBM, VMware, Inc., Infrascale, Amazon Web Services, Inc, Microsoft Corporation.
Market Leaders & Development Strategies:
TierPoint, a well-known provider of high-density infrastructure for firms developing artificial intelligence (AI) tools and apps, has signed a long-term deal with CoreWeave, a specialist cloud provider that caters to large-scale, GPU-accelerated workloads.
On June 12, 2024, Acronis, a global pioneer in cybersecurity and data protection, introduced Acronis Advanced Security + XDR, the newest addition to its complete security solution portfolio.
Market Drivers:
Increasing Incidences of Natural Disasters
Cost Efficiency and Scalability
Rise in Data Breaches and Cyber Attacks
Market Restraints:
Concerns Over Data Security and Privacy
Dependency on Internet Connectivity
Market Opportunities:
Integration with Cloud Computing
Emerging Markets and SMEs
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Market Segmentation & Coverage:
This research report categorizes the Disaster Recovery as a Service (DRAAS) Market to forecast the revenues and analyze trends in each of the following sub-markets:
Based on Operating Model: The market is segmented into Managed DRaaS, Assisted DRaaS, Self-Service DRaaS.
Based on Service Type: The market is segmented into Real-time Replication, Backup & Restore, Data Protection, Others.
Based on Deployment Type: The market is segmented into Public Cloud, Private Cloud.
Based on Organisation Type: The market is segmented into Large Enterprise, Small & Medium-Sized Enterprises.
Based on End User Industry: The market is segmented into Banking, Financial Services, and Insurance (BFSI), IT & Telecommunication, Government & Public Sector, Healthcare, Retail & Consumer Goods, Media & Entertainment, Others.
Disaster Recovery as a Service (DRAAS) Market Regional Analysis:
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Disaster Recovery as a Service (DRAAS) in these regions, covering
North America (USA, Canada and Mexico)
Europe (UK, Germany, France and the Rest of Europe)
Asia Pacific (China, Japan, India, and the Rest of the Asia Pacific region)
South America (Brazil, Argentina and the Rest of South America)
Middle East and Africa (GCC and Rest of the Middle East and Africa)
** Note - This report sample includes:
Scope For 2025
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Insider Market Research
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
•Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
Key takeaways from the Disaster Recovery as a Service (DRAAS) Market report:
• Detailed consideration of Disaster Recovery as a Service (DRAAS) industry-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
• In-depth study of industry strategies for growth of the Disaster Recovery as a Service (DRAAS) market-leading players.
• Disaster Recovery as a Service (DRAAS) market latest innovations and major procedures.
• Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market.
• Conclusive study about the growth conspiracy of Disaster Recovery as a Service (DRAAS) market for forthcoming years.
Direct Contact:
Greta Richards
Business Development Manager
Insider Market Research
+1 614 385 1709
Email: greta@insidermarketresearch.com
Website: https://www.insidermarketresearch.com/
About Us:
Insider Market Research, we are dedicated to providing you with the comprehensive insights and detailed analyses you need to leverage the power of data and marketing, ensuring your business stays ahead of the curve.
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