Disaster Recovery as a Service Market Research Report
Growth opportunities in the Disaster Recovery as a Service
Market look promising over the next six years. This is mainly due to the
escalated functionality of the growing number of small and medium-sized enterprises
and higher agility.
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Market
Disaster Recovery as a Service Market Dynamics
(including market size, share, trends, forecast, growth, forecast, and industry
analysis)
Key
Drivers
The prominent drivers supplementing the growth of the global
disaster
recovery as a service market are the increasing preference of various firms
to emigrate their IT infrastructure to the cloud, contrive IT operations, and
business continuance expansion. Also, it provides an organization with full
system back-up, which entitles the persistence of business in the event of
system failure or downtime. Additionally, computing applications are gaining
prominence among organizations owing to which companies are largely investing
in IT infrastructure. The improved serviceability of the accelerating number of
small and medium-sized enterprises is strengthening the market size.
Additionally, it imparts massive adaptability and activeness to the
organizations that rely on services for a huge portion of their income. These
factors together promote market growth.
Furthermore, the widespread outbreak of the coronavirus
pandemic persuaded businesses to acquire the work from home culture to ensure
the safety of their employees and to maintain operational effectiveness, which
has bolstered the demand for cloud-based solutions. This has supported
enterprises to improve their IT infrastructure, and SMEs are seeking options to
extend their business continuity to survive in the industry during the lockdown
period. All this has together supplemented the disaster recovery as a service
market share.
End-Use
Industry Segment Drivers
On the basis of the end-use industry, IT &
telecommunication is projected to witness a higher CAGR over the forecast
period. This is primarily attributed to the growing endorsement of cloud
services, which offers SMEs various advantages to protect them from specific
disasters. Cloud-based disaster recovery solutions are encountered in several
applications, like the inherent benefit of productivity and flexibility.
Moreover, it leads to quick recovery of data and achieves the recovery targets,
which further propel the market growth.
Disaster
Recovery as a Service Market’s leading Manufacturers:
·
Acronis International GmbH
·
InterVision Systems, LLC
·
Amazon Web Services, Inc.
·
Recovery Point
·
IBM
·
Infrascale Inc.
·
TierPoint, LLC
·
Iland
·
VMware, Inc
·
Microsoft
Disaster Recovery as a Service Market Segmentation:
Segmentation by Service Type
·
Real-Time Replication
·
Backup & Restore
·
Data Protection
Segmentation by Deployment Model
·
Public Cloud
·
Private Cloud
Segmentation by End-Use Industry
·
BFSI
·
IT & Telecommunication
·
Government & Public Sector
·
Retail & Consumer Goods
·
Manufacturing
·
Others
Segmentation by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
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