Disaster Recovery as a Service Market 2019 Global Analysis with Focus on Opportunities, Development Strategy, Future Plans, Competitive Landscape and Trends by Forecast 2023
(firmenpresse) - Market Highlights
The latest report published by Market Research Future (MRFR) reveals that the global Disaster Recovery as a Service (DRaaS) Market will surge at 44% CAGR during the forecast period (2017-2023). Towards 2023 end, the market is likely to surpass a valuation of USD 21 Bn. Disaster recovery as a service can be referred to as duplication and hosting of data on virtual or physical server by a third-party entity, which uses it in event of catastrophe.
Major factors driving the global disaster recovery as a service market include the rapid adoption of cloud-based solution and generation of high volume of real-time data for any event. Such technologies are being leveraged by DRaaS providers for delivering insights into catastrophic situation (manmade or natural). Providing credible, secure and scalable solution, DRaaS providers ensure that businesses remain active in the event of a disaster.
Segmentation:
MRFR listed renowned disaster recovery as a service provider. They are; IBM Corporation (U.S.), Amazon Web Services (U.S.), Sungard Availability Services (U.S.), Microsoft Corporation (U.S.), Treo Information Technology (Turkey), VMware Inc. (U.S.), Cisco Systems (U.S.), Cable & Wireless Communications (U.K.), HP Enterprises Company (U.S.), NTT Communications (Japan), and others.
Segmental Outlook
The global disaster recovery as a service market share is assessed by service type, service provider, deployment, and vertical. By service type, the market is segmented into backup, real time replication, data security, professional services, support & maintenance, training & consulting, and system integration. The professional segment is expected to thrive at the highest CAGR across the assessment period. The backup service segment is likely to gain traction for the DRaaS market owing to benefits of the technology, such as scalability and reliability. It is due to the increase in business requirements, such as support and maintenance, training and consultation, and system integration. By service provider, the market is segmented into a managed service provider, cloud service provider, telecom & communication service provider, and others. By deployment, the market is segmented into private cloud, hybrid cloud, and public cloud. By vertical, the market is segmented into BFSI, manufacturing, manufacturing, government, healthcare, retail, media, it & telecommunication, and others.
Regional Outlook
The regions covered in the report include North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA). North America is expected to spearhead the global disaster recovery as a service market. Technologically advanced countries in the region presents exciting opportunities. Moreover, investment in cloud-based solutions in the U.S. and Canada facilitates a faster adoption of advanced disaster recovery systems. Moreover, many prominent DRaaS providers are based in the region, which give North America an edge.
The market in APAC is projected to witness the highest growth rate during the forecast period. Increased adoption of DRaaS in countries such as India, Japan and China is supporting the market growth in the region. Europe is also expected to remain a key market for DRaaS over the next several years. In terms of adoption, countries such as Germany, France, the U.S. among others will remain at the forefront.
Unternehmensinformation / Kurzprofil:
Datum: 17.04.2020 - 06:51 Uhr
Sprache: Deutsch
News-ID 610755
Anzahl Zeichen: 3527
contact information:
Contact person: Ehtesham Peerzade
Town:
Pune
Phone: 16282580071
Kategorie:
Business News
Typ of Press Release: Financial
type of sending: send
Diese Pressemitteilung wurde bisher 258 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Disaster Recovery as a Service Market 2019 Global Analysis with Focus on Opportunities, Development Strategy, Future Plans, Competitive Landscape and Trends by Forecast 2023"
steht unter der journalistisch-redaktionellen Verantwortung von
Market Research Future (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
