Disaster recovery as a Service, also known as DRaaS, is a cloud-based service which protects companies from losing their critical data at the time of an eventuality. It is a process in which physical or virtual servers are hosted and replicated by an outside entity in order to provide backup process, where functions of a system are assumed by secondary system components as primary components become inaccessible, in the case of any hazard. Disaster Recovery as a Service strives to reduce downtime as well as any disruptions caused to the client, customers and other stakeholders of a business in the event of disasters. Disaster Recovery Services solutions provide more than data recovery protection services as they can replicate various infrastructures and applications of business processes in the organization and ensure optimum continuity of operations of a business. DRaas, for data recovery, can be employed in every organization whether it is small, medium or large without having any requirement of necessary expertise to configure and monitor a disaster recovery plan.
Scope of the Report:This report studies the Disaster Recovery-as-a-Service (DRaaS) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Disaster Recovery-as-a-Service (DRaaS) market by product type and applications/end industries.
The global market for DRaaS is driven by the necessary requirement of backup services for organizationÕs data. Moreover, DRaaS is a fast recovery solution, cost effective and offers flexibility. It also offers automation capability service which enables optimum utilization of resources at low cost ensuring smooth flow of operations through its automated capabilities and enables scalable, reliable and secure solutions to the enterprises. The rate of implementation of these services in small and large enterprises alike is growing rapidly, thereby propelling the demand for these solutions. However, compatibility of specific applications in the cloud environment and dependence on DRaaS provider to implement the solution in the right manner and meet the desired objectives are some of the factors impeding the market growth.
Geographically, North America region presents good growth opportunities for DraaS solution providers on account of surge in adoption of new and emerging technologies and huge investments by the enterprises in cloud-based solutions.
The global Disaster Recovery-as-a-Service (DRaaS) market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Disaster Recovery-as-a-Service (DRaaS).
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers Veeam Software
Bluelock Privacy
Zerto
Windstream Communications
Amazon Web Services, Inc.
Verizon
Sungard Availability Services
Infrascale Inc.
IBM
Dell
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Premises-to-Cloud
Cloud-to-Cloud
Market Segment by Applications, can be divided into Government
Retail
Communication and Technology
Healthcare
BFSI
Manufacturing
Others
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
