Disaster Recovery as a Service (DRaaS) Market Size, Growth Opportunities And Forecast to 2028

Disaster-Recovery-as-a-Service (DRaaS) Market report published by Value Market Research, which studies the future outlook of the market. It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2022-2028.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the disaster-recovery-as-a-service (draas) market include Amazon Web Services, Axcient, Citrix, IBM, Microsoft, NTT Communication, Sunguard, Cable & Wireless Communication, TirePoint LLC, Bluelock LLC. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments. 

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Market Dynamics

More frequent incidences of data corruption and cyber-attacks are steering the growth of the global disaster-recovery-as-a-service (DRaaS) market. Millions of businesses worldwide face some disasters such as power outages, hardware failure, file corruption, human error, among others. Many disasters have the potential to wreak havoc on an IT organization. Major interruptions like website going down or losing all customer data will likely occur. A rise in the adoption of the cloud increased, the need for business continuity, and growing efforts towards mitigating the risk of cyber-attacks on data center further fuels market growth. The emergence of Machine Learning and Artificial Intelligence is anticipated to strengthen the disaster-recovery strategies of enterprises. However, low awareness about the DRaaS model's benefit and security concerns is hampering the market growth.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of disaster-recovery-as-a-service (draas) . The growth and trends of disaster-recovery-as-a-service (draas) industry provide a holistic approach to this study.

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Market Segmentation

This section of the Disaster-Recovery-as-a-Service (DRaaS) market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Service Type

• Real-time Replication
• Backup and Restore
• Data Protection

By Deployment Model

• Public Cloud
• Private Cloud

By Organization Size

• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises

By Verticals

• Banking, Financial Services, and Insurance (BFSI)
• Telecommunications
• IT and ITeS
• Government and Public Sector
• Retail and Consumer Goods
• Manufacturing
• Energy and Utilities
• Media and Entertainment
• Healthcare and Life Sciences
• Others

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the disaster-recovery-as-a-service (draas) market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

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