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The global Disaster Recovery as a Service (DRaaS) market is forecast to reach USD 57.19 Billion by 2026, according to a new report by Reports and Data.
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Disaster Recovery as a Service (DRaaS) Market To Reach USD 57.19 Billion By 2026 www.reportsanddata.com
Market Summary Market Size – USD 3.50 Billion in 2018, Market Growth - CAGR of 41.7%, Market Trends –Rapid adoption of cloud-based solutions. The global Disaster Recovery as a Service (DRaaS) market is forecast to reach USD 57.19 Billion by 2026, according to a new report by Reports and Data. Disaster recovery as a service (DRaaS) is a backup service and cloud computing model that uses the resources of the cloud to protect data and applications from the disruption caused by disaster. DRaaS provides an organization a backup system that permits business continuity in case of any system failure. Further key findings from the report suggest • The backup and recovery segment dominated the service type segment, as it is cost-effective, secure, reliable, automated, and scalable solutions to enterprises and ensure the continuation of business in case of an event. The segment held a market share of 38.7% in the year 2018. • Small and medium-sized enterprises held a market share of 33.2% in the year 2026. Most of the SMEs are unable to afford the IT infrastructure needed to safeguard their data. They are quickly adopting the DRaaS cloud computing model to help ensure the safety of their data. www.reportsanddata.com
Market Summary Key Players: Key participants Bluelock, IBM, lland, Microsoft, Infrascale, NTT Communications, Tierpoint, Amazon Web Services, Acronis, and Sungard AS, among others. Segmentation: Service Type Outlook (Revenue: USD Billion; 2016-2026) Backup and Recovery Data Protection Real-Time Replication Professional Services Service Provider Outlook (Revenue: USD Billion; 2016-2026) Managed Service Providers Cloud Service Providers Telecommunications Service Providers Others To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/2261
Market Summary Regional Outlook for Assessment Services Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Grab Your Report at an Impressive Discount! Please Click Here @ https://www.reportsanddata.com/discount-enquiry-form/2261 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
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