Disaster Recovery as a Service Market Size, Share, Development, Growth till 2020

Faster recovery of data, greater flexibility and cost effectiveness are the major drivers for the global disaster recovery as a service market.

Faster recovery of data, greater flexibility and cost effectiveness are the major drivers for the global disaster recovery as a service market. Some of the other factors driving the global disaster as a recovery market are low cost, virtualization, high level of automation, easy deployment, recovery and secure storage and backup and 24x7accessibility.

In case of any disaster resulting in interruption of services, disaster recovery as a service (DRaaS) delivers organizations with several cost efficient methods to replicate and recover data center infrastructure and analytical servers to the cloud environment. Disaster recovery (DR) as a service offers business stability through a range of administrative measures and their implementation by certifying accessibility of IT organization in case of any disaster. Disaster recovery as a service is the process of duplicating virtual servers to safeguard and back up data in the case of natural or man-made disasters. 

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On the basis of solutions, the global disaster recovery as a service (DRaaS) market can be categorized into real time replication, disaster as a recovery planning, testing data security and compliance, and backup solution. On the basis of organization size, the market can be segmented into, small and medium businesses and large enterprises. On the basis of providers, the global disaster recovery as a service market can be divided into cloud service provider, disaster as a service provider, and telecom and communications service provider. Based on services, the market can be segmented into support and maintenance, system integration, and managed services. On the basis of end-user industries , the global disaster recovery as a service market can be categorized into retail and wholesale, BFSI, education, transportation & logistics, government, healthcare, telecommunication and IT, media & entertainment, manufacturing, and others. Among the various end-user industries, the BFSI sector dominates the global disaster as a service market. Increased adoption of hybrid cloud disaster recovery as a service, and high application of disaster as a service among mobile service providers are the major opportunities that are expected boost the global disaster as a service market during the forecast period. North America leads the global disaster as a recovery market, due to increasing adoption of disaster recovery as a service (DRaaS), solutions in small, mid-sized and large companies. 

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There are several challenges which are hindering the adoption rate of disaster as a service among small and medium sized-businesses in the disaster recovery across the globe. Such challenges include platform dependent cloud-based applications and disaster recovery planning among the small and medium sized businesses.

Some of the competitors in the disaster recovery as a service market are Accenture, International Business Machines Corp., Seagate Technology LLC, Amazon Web Services, Inc., SUNGARD, Terremark Worldwide, All-Steam.net, Commvault, CenturyLink, Hewlett-Packard Development Company, L.P., Microsoft, VMware, Inc., and Rackspace Hosting Inc.

Report Coverage

Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis

Identifies the key drivers of growth and challenges of the key industry players.

Also, assesses the future impact of the propellants and restraints on the market

Uncovers potential demands in the market

Porter analysis identifies competitive forces within the market

Provides information on the historical and current market size and the future potential of the market

Provides sizes of key regional markets using yardsticks of processes, segments, products, end user and technology, etc (as applicable)

Highlights the competitive scenario of the market, major competitors, market share, benchmarking, investments and merger acquisitions

Provides profiles of major competitors of the market including details of their operations, product and services, recent developments and key financial metrics. 

Profiles provide better understanding of competition as well as the demands of the market

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