According to study, “Global Disaster Recovery as a Service (DRaaS) Market Size study, by Deployment Mode (Premises-To-Cloud, Cloud-to-Cloud), by Enterprise Size (Small Organizations, Large Organizations), by Vertical (Government, Retail, Communication and Technology, Healthcare, BFSI, Others) and Regional Forecasts 2018-2025” the key companies operating in the global Disaster Recovery as a Service (DRaaS) market areVeeam Software, Amazon Web Services Inc., Bluelock Privacy, IBM Corporation, Zerto, Accenture, Seagate Technology LLC, SUNGARD, Terremark Worldwide, Commvault, All-Steam.net, Microsoft Corp., CenturyLink, Rackspace Hosting Inc., Hewlett-Packard Development Company L.P., iLand Internet Solutions Corporation, Recovery Point Systems Inc., Sungard Availability Services LP, Bluelock LLC, Expedient Holdings USA LLC, TierPoint LLC, C and W Business Ltd., BIOS Middle East Group.
DRaaS orDisaster Recovery as a Service is the replication of virtual or physical servers by a third-party to offer failover in the occurrence of a data failure either naturally or manually. It ensures continuity of industry operations in case of an outage. Through a web-based control panel, it improves security & visibility of networks and servers with real-time activity and system health monitoring & reporting. DRaaS solutionprovides full control and support manual & automatic failure. The key features are included ecosystem auditing, hybrid cloud availability monitoring, integrated data archiving, cross-platform health monitoring, cross-cloud infrastructure management, and sophisticated metering.
Based on service type, DRaaSmarket is segmented into real-time replication, data protection, backup and recovery and professional services. Professional services include support & maintenance and training, education and consulting. Based on service provider, market is segmented into telecom & communication service provider, managed service provider, cloud service provider and others. Based on organization size, market is segmented into large enterprises and small & medium enterprises (SMEs).Based on solution, market is segmented into real time replication, testing data security and compliance, disaster as a recovery planning, and backup solution. Based on deployment model, market is segmented into private cloud, public cloud and hybrid cloud. In addition, based on vertical, market is segmented into healthcare & life-sciences, consumer goods & retail, Banking, Financial Service and Insurance (BFSI), government & public sector, telecommunication & IT, media & entertainment, manufacturing and others.
The DRaaSmarket is driven by rise in benefits of fast recovery & cost effectiveness, followed by increase in adoption rate among SMEs and growth in flexibility & automation capabilities. However, high network bandwidth requirement and rise in complexity of deployment & setting terms may impact the market. Moreover, rise in trend of managed services and growth in adoption of hybrid disaster recovery are key opportunities for market.
Based on geography, the North-American region leads the DRaaSmarket owing to growth in adoption of disaster recovery as a service (DRaaS) and rise in solutions in small, mid-sized and large companies in the region. The Asian-Pacific region is expected to be the fastest growing during the forecast period, due to growth in new opportunities emerging in countries such as Mexico, Brazil, and Argentina. In upcoming years, it is predicted that future of the market will be bright on account of growth in applications through cloud-based disaster recovery and rise in awareness towards virtualization technologies during the forecast period.
For more information on the research report, refer to below link:
Global Disaster Recovery as a Service (DRaaS) Market
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