LONDON--(BUSINESS WIRE)--Technavio has been monitoring the disaster recovery-as-a-service (DRaaS) market and it is poised to grow by USD 27.44 billion during 2020-2024, progressing at a CAGR of over 43% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions-
- Based on segmentation by deployment, which is the leading segment in the market?
- The public cloud based DRaaS is expected to be the leading segment based on deployment in the global market during the forecast period.
- What are the major trends in the market?
- Increasing adoption of cloud-based disaster recovery solutions is one of the major trends in the market.
- At what rate is the market projected to grow?
- Growing at a CAGR of over 43%, the incremental growth of the market is anticipated to be USD 27.44 billion.
- Who are the top players in the market?
- Amazon.com Inc., Broadcom Inc., Cisco Systems Inc., Dell Technologies Inc., iland Internet Solutions, International Business Machines Corp., Microsoft Corp., NTT Communications Corp., Oracle Corp., and Sungard Availability Services LP. are some of the major market participants.
- What are the key market drivers and challenges?
- Improved manageability and protection are one of the major factors driving the market. However, the instilling confidence within target customer group restraints the market growth.
- How big is the North America market?
- The North America region will contribute 31% of market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amazon.com Inc., Broadcom Inc., Cisco Systems Inc., Dell Technologies Inc., iland Internet Solutions, International Business Machines Corp., Microsoft Corp., NTT Communications Corp., Oracle Corp., and Sungard Availability Services LP. are some of the major market participants. The improved manageability and protection will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Disaster Recovery-as-a-Service (DRaaS) Market 2020-2024: Segmentation
Disaster Recovery-as-a-Service (DRaaS) Market is segmented as below:
-
Deployment
- Public Cloud
- Private Cloud
- Hybrid Cloud
-
Geography
- North America
- Europe
- APAC
- South America
- MEA
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Disaster Recovery-as-a-Service (DRaaS) Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The disaster recovery-as-a-service (DRaaS) market report covers the following areas:
- Disaster Recovery-as-a-Service (DRaaS) Market Size
- Disaster Recovery-as-a-Service (DRaaS) Market Trends
- Disaster Recovery-as-a-Service (DRaaS) Market Analysis
This study identifies increasing adoption of cloud-based disaster recovery solutions as one of the prime reasons driving the disaster recovery-as-a-service (DRaaS) market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Disaster Recovery-as-a-Service (DRaaS) Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist disaster recovery-as-a-service (DRaaS) market growth during the next five years
- Estimation of the disaster recovery-as-a-service (DRaaS) market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the disaster recovery-as-a-service (DRaaS) market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of disaster recovery-as-a-service (DRaaS) market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Deployment
- Market segments
- Comparison by Deployment
- Public cloud - Market size and forecast 2019-2024
- Private cloud - Market size and forecast 2019-2024
- Hybrid cloud - Market size and forecast 2019-2024
- Market opportunity by Deployment
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Amazon.com Inc.
- Broadcom Inc.
- Cisco Systems Inc.
- Dell Technologies Inc.
- iland Internet Solutions
- International Business Machines Corp.
- Microsoft Corp.
- NTT Communications Corp.
- Oracle Corp.
- Sungard Availability Services LP
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
-
List of abbreviations
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