Global Disaster Recovery as a Service Market

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Global Disaster Recovery as a Service Market2018
2026

• Published By
• Accurize Market Research

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Global Disaster Recovery as a Service (DRaaS)
Market is Estimated to Reach 36.7 Billion By
2026, Says Accurize Market Research

• Global Disaster Recovery as a Service Market
  Report, published by Accurize Market Research,
  forecast that the global market is expected to
  reach 36.7 Billion by 2026, growing at a CAGR of
  34.6 from 2019 to 2026.
• North America dominated the global disaster
  recovery as a service market with around
  one-third of the global market share in 2018 and
  anticipated to hold the major market share until
  2026.
• In terms of growth, Asia-Pacific is anticipated
  to attain the fastest compound annual growth rate
  (CAGR) during 2019 2026.
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Market Introduction and Market Dynamics

• DRaaS functions as a cloud computing and backup
  service model and provides an organization with a
  complete system backup.
• DRaaS solutions offer full control and support
  during manual and automatic failure with improved
  security and visibility of networks and servers
  with real-time activity.
• Legislation of stringent disaster recovery
  regulations and the growing adoption of
  cloud-based services is fueling the market for
  DRaaS.
• Moreover, growth in the IT sector with a surge in
  demand for commoditized IT services has also
  supported the market growth. Still, high network
  bandwidth requirements and lack of security may
  limit the market growth in the coming years.
• Furthermore, improved manageability and
  protection and growing awareness towards
  virtualization technologies and the rising trend
  of managed services are expected to open
  attractive business opportunities for the market
  in the future years.
• Additionally, the untapped market in emerging
  economies and the growing application would
  provide several growth opportunities in
  forecasted years.

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Market Segmentation and Crisp Analysis

• The global disaster recovery as a service market
  has been segmented into service type,
  application, service providers, cloud type,
  deployment model, and company size.
• By service type, the market is categorized into
  data security, real-time protection, backup, and
  professional services.
• The application segment included government, IT
  telecom, media entertainment, education, retail
  and e-commerce, manufacturing logistics, BFSI,
  and others.
• The service providers segment includes cloud
  service provider (CSP), telecom communication
  service provider, and managed service provider
  (MSP).
• By cloud type, the market is segmented into the
  public cloud, private cloud, and hybrid cloud.
  The deployment model segment is further divided
  into cloud DRaaS, to cloud DRaaS, and from cloud
  DRaaS.
• By company size segment, the market is bifurcated
  into small companies, mid-sized companies, and
  large companies.

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Regional Segmentation and Crisp Analysis

• The global DRaaS market has been segmented by
  geography into North America, Europe,
  Asia-Pacific, and RoW. The U.S., Mexico, and
  Canada are covered under North America wherein
  Europe covers the UK, Italy, France, Germany, and
  others.
• Asia-Pacific covers China, India, Japan, and
  others. The rest of the world covers South
  America, the Middle East, and Africa. Among
  various geographical regions, North America
  dominated the global disaster recovery as a
  service market accounting for the largest market
  share of around 34 in 2018 and projected to
  continue its dominance during the forecast period
  2019 2026.
• The deployment of DRaaS by public and government
  sectors in countries such as the U.S. will be
  fueling the market for DRaaS in North America.
  Europe generated the second highest revenue
  share, driven by technological advancement and
  growing deployment of DRaaS across various
  application areas, in UL, Germany and other
  countries.
• The region accounted for round one-third of the
  global market revenue in the year 2018. In terms
  of growth, Asia-Pacific is expected to attain the
  fastest CAGR during the forecast period
  2019-2026.

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Manufacturers Competitive Analysis

• The disaster recovery as a services market is
  moderately competitive as the market consists of
  several dominant players who are using economies
  of scale to gain competition and increase their
  global market share.
• The top players are operating in the market are
  frequently investing in research development
  and are planning to increase their presence in
  the untapped emerging economies.
• The few dominant players accounts for the
  majority of the market share.
• Major companies operating in the global DRaaS
  market are Cisco Systems, Inc., Symantec
  Corporation, IBM Corp., VMWare, Inc., HP
  Enterprises Company, Amazon Web Services,
  Microsoft Corporation, SunGard Availability
  Services, NTT Communications Corporation, and
  TierPoint, LLC, among others

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Scope of the Report

• The scope of the report covers an in-depth
  analysis of the market in terms of both
  qualitative and quantitative analysis across the
  segments as well as cross-sectional analysis of
  the segments including the geographies and its
  countries.
• Key companies operating in this market and their
  company profile along with the market share
  analysis and competitive scenario is also the
  part of the report. Furthermore, different
  industries client information has been provided
  in the report which is very important for the
  manufacturers.
• Manufacturers data, including revenue, shipment,
  revenue share, shipment share, and gross profit
  have been also included, which provide a better
  understanding of the market competition.
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  ation

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  market to achieve a specific forecast of the
  market.

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Our Expertise

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