Press release
Disaster Recovery as a Service Market Expected to Boom at 27.0% CAGR, Reaching USD 96.60 Billion by 2032
The disaster recovery as a service market size was valued at USD 11.27 billion in 2023. The market is projected to grow to USD 96.60 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 27.0% from 2024 to 2032.๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Disaster Recovery as a Service DRaaS is a service based on cloud technology that enables companies to store their data and IT infrastructure in an external cloud, utilizing a SaaS platform for managing disaster recovery. The main service types in disaster recovery as a service are backup and recovery, real-time replication, and data protection. Disaster recovery as a service makes use of public, private, and hybrid clouds, along with deployment methods such as on-premises to cloud and cloud to cloud.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ฉ๐๐จ๐ฆ๐ข๐ง๐ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/disaster-recover-service-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โ With the rise in cyber threats, especially ransomware attacks, organizations are starting to understand the vital importance of strong disaster recovery solutions.
โ DRaaS solutions offer great flexibility, enabling companies to adjust to fluctuating data volumes and business needs without the need to purchase new infrastructure. This versatility is especially beneficial for businesses facing expansion or changes in seasonal demand.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Because there are so many companies in the market, it is expected to be both competitive and fragmented. Here is the list of the leading companies operating in the disaster recovery as a service market:
โข 11:11 Systems, Inc.
โข Acronis International GmbH
โข Amazon Web Services, Inc.
โข Dell Technologies, Inc
โข IBM Corporation
โข Infrascale, Inc.
โข InterVision Systems, LLC
โข Microsoft Corporation
โข NTT Communications Corporation
โข Recovery Point Systems, Inc.
โข TierPoint, LLC
โข VMware, Inc.
โข Unitrends
โข Zerto
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.polarismarketresearch.com/industry-analysis/disaster-recover-service-market/inquire-before-buying
๐๐ข๐ฌ๐๐ฌ๐ญ๐๐ซ ๐๐๐๐จ๐ฏ๐๐ซ๐ฒ ๐๐ฌ ๐ ๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข The recovery and backup Services segment accounted for the largest market share in 2023, owing to data resilience, minimized downtime, and comprehensive data protection.
โข The BFSI segment held a significant market share in 2023, mainly due to the greater need for data security and compliance and the ability to offer uninterrupted services.
โข In 2023, the North American region accounted for the largest market and is expected to continue throughout the forecast period, owing to cybersecurity concerns, greater cloud adoption, and mandates for regulatory compliance.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The research report provides key insights into the regional market distribution. It covers all the current market trends and emerging business opportunities. An examination of the potential revenue sources across various regions and sub-regions has been offered in the research report. Also, the study predicts Disaster Recovery as a Service Market demand at the regional, country, and global levels. Other important factors, such as production capacity, supply and demand ratios, production, and industry growth rates, have been analyzed in the study. What's more, the study provides an analysis of the untapped regions with growth opportunities in the future.
The geographical analysis covers the following key regions:
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/disaster-recover-service-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The disaster recovery as a service market is mainly segmented based on end-use industry, service, deployment, and region. Based on the service analysis, in 2023, the recovery and backup services segment held the largest market share. These services ensure data is safe from cyber threats, hardware failures, and natural disasters. They also decrease the amount of time systems need to be operational by helping to quickly recover vital data and systems, which has a direct impact on productivity and revenue.
Moreover, according to the end-use industry analysis, in 2023, the BFSI segment accounted for a substantial market share. Adhering to regulations is simplified and also matches the increasing trend of remote work. DRaaS is crucial for the risk management and operational performance of the BFSI sector.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
5G Services Market: https://www.polarismarketresearch.com/industry-analysis/5g-services-market
Podcasting Market: https://www.polarismarketresearch.com/industry-analysis/podcasting-market
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Push to Talk Market: https://www.polarismarketresearch.com/industry-analysis/push-to-talk-market
๐๐จ๐ง๐ญ๐๐๐ญ:
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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