Disaster Recovery as a Service Market:
Disaster Recovery as a Service Market size is expected to reach US$ 84.07 Bn. by 2029, at a CAGR of 43.78% during the forecast period.
Disaster Recovery as a Service Market Report Overview:
With an increasing preference of cloud-based solutions in small and medium-sized enterprises (SMEs), DRaaS enables replication of data and application to confirm business continuity in the event of a disaster. The unplanned downtime is the major concern for the various companies around the globe. The potential losses and damage due to the system downtimes are huge. As per research, across the globe 2.5 quintillion bytes of data generated every day and a major reason for the loss of this data is unplanned downtime of systems which further led to the shutdown of several companies.
The research is based on forecasts from leading organizations and Disaster Recovery as a Service market statistics. It also includes sales growth figures, competitive landscape for the forecast period, and valuations of individual companies at the global, regional, and local levels.
Disaster Recovery as a Service Market Dynamics:
Disaster Recovery as a Service is expanding due to the urgent need to back up both public and private data. Many businesses around the world, including both small businesses and market leaders like Nissan and FedEx, depend on backup services to stay afloat.
Due to the fact that businesses often deal with sensitive information, many of them worry about data breaches since they don’t believe that third parties would protect their private information. This lack of confidence stops businesses from deploying DRaaS, which is a significant inhibitor to the growth of the DRaaS market.
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Disaster Recovery as a Service Market Report Scope and Research Methodology:
The bottom-up approach has been used to estimate the global and regional Disaster Recovery as a Service market size. Primary and secondary research methods have been used to gather the data for the Disaster Recovery as a Service market report. The report also includes a SWOT analysis and Porter’s five forces analysis, which helps to understand buyer-supplier relations and the strengths and weaknesses of the Disaster Recovery as a Service key competitors in the industry. The Disaster Recovery as a Service market report provides comprehensive coverage of import/export consumption, supply and demand, price, revenue generated, market share, market penetration, sales volume, and gross margins. The report also provides an in-depth analysis of each industry manufacturing site, capacity, production, market price, sales revenue, and market share.
Disaster Recovery as a Service Market Regional Analysis:
The report provides a comprehensive analysis of the Disaster Recovery as a Service market across all regions, including Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. It examines the primary geographic conditions of the market, including all segments. The report also provides the current state of the regional Disaster Recovery as a Service market in terms of market size and share.
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Disaster Recovery as a Service Market Segmentation:
The Managed Service Providers (MSPs) category of DRaaS providers is anticipated to expand at the highest CAGR of xx% because MSPs alleviate businesses of the responsibility of data protection and security while ensuring business continuity in the event of a disaster. They offer subscription-based remote management and monitoring of the end user’s IT infrastructure. As a result, businesses are using MSPs because of their specialized infrastructure, human resources, and industry certifications to overcome budgetary and technological obstacles.
Disaster Recovery as a Service Key Players:
• IBM Corporation
• Microsoft Corporation
• Sungard Availability Services
• Iland Internet Solutions
• Infrascale Inc.
• Bluelock Llc
• Recovery Point Systems
• Amazon Web Services
• Acronis International Gmbh
• Cable & Wireless Communications Ltd
• Tierpoint Llc
• Geminare Incorporated
• AWS
• Sunguard Availability Services
Key Questions answered in the Disaster Recovery as a Service Market Report are:
What are the Disaster Recovery as a Service market segments?
What is the expected Market size by the end of the forecast period?
What is the expected CAGR of the Disaster Recovery as a Service market during the forecast period?
Which region held the largest market share in the Disaster Recovery as a Service Market?
What are the factors driving the Disaster Recovery as a Service Market?
What factors are affecting the Disaster Recovery as a Service market growth?
Who are the key players in the Disaster Recovery as a Service industry?
Key offerings:
Market Overview
Market Share
Market Size
Forecast |2023-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation- A detailed analysis of each segment and their segments
Competitive Landscape – Leading key players and other prominent key players.
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