The Global Disaster Recovery as a Service (DRaaS) Market Scenario 2020-2027

It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the disaster-recovery-as-a-service (draas) market include Amazon Web Services, Axcient, Citrix, IBM, Microsoft, NTT Communication, Sunguard, Cable & Wireless Communication, TirePoint LLC, Bluelock LLC.

Get more information on "Global Disaster-Recovery-as-a-Service (DRaaS) Market Research Report"by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/disaster-recovery-as-a-service-draas-market/download-sampleMarket Dynamics More frequent incidences of data corruption and cyber-attacks are steering the growth of the global disaster-recovery-as-a-service (DRaaS) market.

Millions of businesses worldwide face some disasters such as power outages, hardware failure, file corruption, human error, among others.

Major interruptions like website going down or losing all customer data will likely occur.

The emergence of Machine Learning and Artificial Intelligence is anticipated to strengthen the disaster-recovery strategies of enterprises.

In the present scenario, the world is running on the basis of data, across all sectors.

DRaaS helps in business continuity for organizations as it provide a total system backup caused by system failure.

DRaaS is often offered in conjunction with a disaster recovery plan.DRaaS find its application in a number of industries including BFSI, Retail, Government and Education, IT and Telecom, Media and Entertainment, Manufacturing and Logistics, among others.

Among the aforementioned segments, DRaaS is mainly used in the government sector.

Based on the deployment model the DRaaS market is segmented into To Cloud DRaaS, In Cloud DRaaS, and From Cloud DRaaS w In terms of company size, the global DRaaS market is segregated into small companies, mid-sized companies and large companies.

In terms of service providers, the global DRaaS market is bifurcated into cloud service providers (CSP), managed service providers (MSP) and telecom & communication service provider.

According to research report"Disaster Recovery as a Service Market by Service Type (Backup & Recovery, Real-Time Replication, Data Protection, and Professional Services), Service Provider, Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2022",published by MarketsandMarkets, global Disaster Recovery as a Service (DRaaS) market size is expected to grow from USD 2.19 Billion in 2017 to USD 12.54 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 41.8% during the forecast period.

The demand for DRaaS is majorly driven by increased flexibility and automation capabilities.

With the increase in the adoption rate of cloud-based solutions among Small and Medium-sized Enterprises (SMEs), the market is expected to grow rapidly.Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=962Browse 68 Market Data Tables and 33 Figures spread through 136 Pages and in-depth TOC on "Disaster Recovery as a Service Market - Global Forecast to 2022"Backup and recovery service is expected to play a key role in the Disaster Recovery as a Service marketThe backup and recovery service type is expected to have the largest market share in the service type segment of the DRaaS market during the forecast period.

The backup and recovery service plays a key role in the market, as it provides cost-effective, automated, reliable, secure, and scalable solutions to enterprises ensuring business continuity in the event of disaster.Managed Service Providers (MSPs) segment is expected to grow at the highest rate during the forecast periodAmong DRaaS providers, the MSPs segment is expected to grow at the highest rate in the Disaster Recovery as a Service Market (DRaaS) market during the forecast period.

MSPs offer DRaaS services to help organizations offload the burden of data protection and data security, and ensure business continuity in the event of a disaster.

Therefore, enterprises are opting for MSPs to overcome the challenges of budget constraints and lack of technical expertise, as MSPs have specialized human resources, infrastructure, and industry certifications.Speak to Our Expert Analyst:  https://www.marketsandmarkets.com/RequestNewVersion.asp?id=962Asia Pacific (APAC) is projected to grow at the highest CAGRNorth America is estimated to hold the largest market share in 2017, while APAC is projected to be the fastest growing region with the highest CAGR, due to the rapid data generation in many countries.

Download Free Sample Report @ https://www.millioninsights.com/industry-reports/disaster-recovery-as-a-service-draas-market/request-sample Potential services offered by DRaaS include DR planning, testing, backup solutions, data compliance, real-time replication, data security, system integration and consultation, maintenance and support.

Employing cloud services largely reduces cost, frees up the in-system resources and speeds up the recovery process of the system.

The industry is majorly segmented in categories such as solutions, which include real-time replication, cloud service provider, disaster recovery service provider, data security & compliance and planning & testing.

On the basis of service, the market is segmented in to consulting & system integration, managed service and support and maintenance.

High-end organizations incorporate this service in order capture better recovery mechanism and save upfront investments.

Major challenge faced by the industry includes platform dependent cloud services and non-existence of disaster recovery program among small and medium-scale businesses.

The global disaster recovery as a service (DRaas) market size is expected to reach USD 23.3 billion by 2027 according to a new study by Polaris Market Research.

The report “Global Disaster Recovery as a Service (DRaaS) Market Share, Size, Trends, Industry Analysis Report, By Solution (Backup & Recovery, Real-time Replication, Data Protection, Professional); By Service Provider; By Deployment Model (Public, Private, Hybrid Cloud); By Vertical; By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The demand for DRaaS market solutions is increasing rapidly as enterprises are moving toward cloud-based disaster recovery module.

Based on service provider, the disaster as a service market is further bifurcated into cloud providers, managed providers, telecom and communication providers, and others.

Based on vertical, the disaster as a service market is further bifurcated into BFSI, consumer goods & retail, government & public sector, healthcare & life sciences, manufacturing, media & entertainment, telecommunication & ITES, and others.

Segment HighlightThe players including International Business Machines (IBM) Corporation, Microsoft Corporation, and Rackspace Hosting, Inc. together held a significant market share in 2019 owing to their dominance in the DRaaS marketNorth America region is dominating the global disaster as a service market, holding almost one third of the market share throughout the forecast period.

Increasing level of competition among businesses has created a need to ensure protection, mending, and backing up & recovery to prevent loss or theft of vital data, and is a primary factor anticipated to drive the Disaster Recovery as a Service (DRaaS) Market demand.

The solution solely works on cloud platform, which automates the operations efficiently.

Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/disaster-recovery-as-a-service-draas-market/request-sample The key driving factors responsible for the growth of Disaster Recovery as a Service market : Potential services offered by DRaaS include DR planning, testing, backup solutions, data compliance, real-time replication, data security, system integration and consultation, maintenance and support.

Large-scale utilization of hybrid cloud DRaaS and increasing usage among mobile service providers are expected to provide avenues for industry growth.

The DRaaS market is essentially bifurcated on two main parameters that are Recovery Point Objective (RPO) and Recovery Time Objective (RTO).

Disaster management on cloud platform must incorporate networking, testing and failovers to guarantee business continuity in the scenario of any man made or natural disaster.

Global Disaster Recovery as a Service Market Report, published by Accurize Market Research, forecast that the global market is expected to reach $36.7 Billion by 2026, growing at a CAGR of 34.6% from 2019 to 2026.

In terms of growth, Asia-Pacific is anticipated to attain the fastest compound annual growth rate (CAGR) during 2019 – 2026.Request Sample:https://www.accurizemarketresearch.com/report/disaster-recovery-as-a-service-market/sample-requestMarket Introduction and Market Dynamics DRaaS functions as a cloud computing and backup service model and provides an organization with a complete system backup.

Still, high network bandwidth requirements and lack of security may limit the market growth in the coming years.

Furthermore, improved manageability and protection and growing awareness towards virtualization technologies and the rising trend of managed services are expected to open attractive business opportunities for the market in the future years.

Additionally, the untapped market in emerging economies and the growing application would provide several growth opportunities in forecasted years.

Regional Segmentation and Crisp AnalysisThe global DRaaS market has been segmented by geography into North America, Europe, Asia-Pacific, and RoW.

Disaster Recovery As A Service (DRaaS) Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.

The chapter on the impact – both negative and positive – of COVID-19 on the disaster recovery as a service (DRaaS) industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.

This includes revised market numbers according to the effects of the coronavirus and the expected disaster recovery as a service (DRaaS) market growth numbers 2021-2030.View Complete Report:https://www.thebusinessresearchcompany.com/report/disaster-recovery-as-a-service-draas-global-market-reportThe Disaster Recovery As A Service (DRaaS) Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global disaster recovery as a service (DRaaS) market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030.

The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.The Disaster Recovery As A Service (DRaaS) Global Market Report 2021 covers disaster recovery as a service (DRaaS) market drivers, disaster recovery as a service (DRaaS) market trends, disaster recovery as a service (DRaaS) market growth rate, disaster recovery as a service (DRaaS) market major players, player-adopted strategies in the market, and disaster recovery as a service (DRaaS) market size.The global disaster recovery as a service (DRaaS) market is expected to grow from $5.19 billion in 2020 to $6.35 billion in 2021 at a compound annual growth rate (CAGR) of 22.4%.

The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.

The DRaaS market is expected to reach $21.2 billion in 2025 at a CAGR of 35.2%.Request For The Sample Now:https://www.thebusinessresearchcompany.com/sample.aspx?id=2459=smpThe report covers the disaster recovery as a service (DRaaS) market segments-1) By Service Type: Backup & Recovery, Real-Time Replication, Data Protection2) By Application: Banking, Financial Services And Insurance (BFSI), Government, IT And Telecom, Media And Entertainment, Manufacturing And Logistics, Education3) By Deployment Model: Premises-To-Cloud, Cloud-To-Cloud4) By Size Of Enterprise: Large Enterprises, Small & Medium Enterprises5) Cloud Type: Public, Private, HybridAbout The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research.

Network-as-a-service (NaaS) is the network transport connectivity used for delivering network services virtually over the internet on a metered service (pay-per-use).

In NaaS model, the networking operators offer network resources such as optical switches, IP networks, BoD Domains, and routers.

Furthermore, NaaS aids in providing efficient network bandwidth, effective flexibility of the network over consumption, and positive impact on resource-centric processes such a network monitoring and trouble management.

Moreover, annual global cloud IP traffic is estimated to reach 14.1 ZB (Zeta Byte) by the end of 2020, from 3.9 ZB in 2015.

Information Technology (IT) and telecommunication segment is expected to account for the largest market share over the forecast period

IT and telecommunication segment is expected to be dominant in the market over the forecast period, due to increasing deployment of cloud computing services.

According to IMARC Group’s latest report, titled “Disaster Recovery as a Service (DRaaS) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global disaster recovery as a service market to grow at a CAGR of 18.40% during 2021-2026.We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.

It helps in recovering data centers and virtual servers in case of a natural or man-made disaster.

The backup is usually made on public, private, or hybrid cloud storage.

DRaaS finds extensive applications across diverse industries as it protects confidential information and ensures smoother business operations by reducing downtime and disruptions.Get Sample Report with Detail COVID-19 Impact Analysis - https://www.imarcgroup.com/disaster-recovery-as-service-market/requestsampleMarket TrendsRapid digitization, along with the rising adoption of cloud-based services across various sectors, has augmented the global market for DRaaS.

The growing penetration of DRaaS to escalate the data recovery process with minimal complexities is also bolstering the market growth.

Additionally, the rising awareness towards the recovery benefits of DRaaS has propagated its utilization across small- and medium-sized enterprises.

Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports The Disaster Recovery As A Service (DRaaS) Global Market Report 2020-30 by The Business Research Company describes and explains the global disaster recovery as a service (DRaaS) market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030.

The Disaster Recovery As A Service (DRaaS) Global Market Report 2021 covers disaster recovery as a service (DRaaS) market drivers, disaster recovery as a service (DRaaS) market trends, disaster recovery as a service (DRaaS) market segments, disaster recovery as a service (DRaaS) market growth rate, disaster recovery as a service (DRaaS) market major players, and disaster recovery as a service (DRaaS) market size.

View Complete Report:https://www.thebusinessresearchcompany.com/report/disaster-recovery-as-a-service-draas-global-market-report The disaster recovery as a service (DRaaS) market report provides an in-depth analysis of the impact of COVID-19 on the global disaster recovery as a service (DRaaS)industry, along with revised market numbers due to the effects of the coronavirus and the expected disaster recovery as a service (DRaaS) market growth number 2021-2030.

Disaster Recovery As A Service (DRaaS) Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.

The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.

The chapter also covers markets which have been positively affected by the pandemic.