DUBLIN--(BUSINESS WIRE)--The "Disaster Recovery as a Service (DRaaS) Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
Disaster recovery as a service (DRaaS) market is projected to grow at a CAGR of 17.29% during the forecast period to reach a market size of US$3,294.361 million in 2023 from US$1,265.158 million in 2017.
Disaster recovery as a Service 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.
The global market for DRaaS is driven by the necessary requirement of backup services for organization's 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.
Companies Mentioned
- Veeam Software
- Bluelock Privacy
- Zerto
- Windstream Communications
- Amazon Web Services, Inc.
- Verizon
- Sungard Availability Services
- Infrascale Inc.
- IBM
- Dell
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Disaster Recovery as a Service Market Forecast by Deployment Model
6. Global Disaster Recovery as a Service Market Forecast by Enterprise Size
7. Global Disaster Recovery as a Service Market Forecast by Vertical
8. Global Disaster Recovery as a Service Market Forecast by Geography
9. Competitive Intelligence
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/c2jlfq/disaster_recovery?w=4