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(EuropeNewsWire.Net, August 09, 2018 ) According to research for markets, the ‘Disaster Recovery as a Service - Global Market Outlook (2017-2023)' is a professional and in-depth study & with a focus on the current state of the global industry.
The Global Disaster Recovery as a Service market is expected to grow from $1.64 billion in 2016 to reach $20.35 billion by 2023 with a CAGR of 43.3%.
Increasing adoption of cloud solutions in small and medium enterprises,
greater flexibility and automation capabilities and cost effectiveness are the some of the key factors propelling the market growth. However, a high network bandwidth requirement is one of the major factors restraining the market.
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By service type, backup and recovery segment provides benefits to enterprises such as security, reliability, profitability and in the event of disaster it helps the continuity of the business. Backup and Recovery are critical components of Disaster Recovery and they help enterprises in reducing their operational costs.
SOME OF THE KEY PLAYERS IN GLOBAL DISASTER RECOVERY AS A SERVICE MARKET INCLUDE
• Cisco Systems
• HP Enterprises Company
• Sungard Availability Services
• Cable & Wireless Communications
• Amazon Web Services
• NTT Communications
• Recovery Point
DEPLOYMENT MODELS COVERED:
• In Cloud DRaaS
• From Cloud DRaaS
• To Cloud DRaaS
CLOUD TYPES COVERED:
• Public Cloud
• Hybrid Cloud
• Private Cloud
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Geographically, North America is anticipated to witness the largest market share owing to adoption of digital business and a shift towards cloud based solutions and services. In addition, huge investments are being made by many organizations towards cutting- edge technologies in order to keep up with other competitors and improve business operations.
Service Types Covered: Data Protection, Backup and Recovery, Professional Services and Real-Time Replication
Organization Sizes Covered: Large Enterprises and Small and Medium-Sized Enterprises
Service Providers Covered: Managed Service Providers, Telecommunications Service Providers, Cloud Service Providers and Other Service Providers
Draas Type Covered:
• Assisted DRaaS
• Managed DRaaS
• Self Service DRaaS
End Users Covered: Healthcare and Life Science, Media and Entertainment, BFSI, Government and Public Sectors, Telecommunication and ITES , Consumer Good and Retail, Manufacturing & Logistics, Education and Other End Users
• North America
• Asia Pacific
• South America
• Middle East & Africa
WHAT OUR REPORT OFFERS:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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