New Trends Disaster Recovery As A Service (DRAAS) Market with Worldwide Industry Analysis to 2027
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<strong>Disaster</strong> <strong>Recovery</strong> <strong>As</strong> A <strong>Service</strong> (<strong>DRAAS</strong>) <strong>Market</strong><br />
April 2017<br />
Report Id : REP-GB-3351<br />
Status : Ongoing<br />
Category : Electronics, Semiconduc<strong>to</strong>rs, and ICT<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved
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In-depth secondary research is used <strong>to</strong><br />
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<strong>Disaster</strong> <strong>Recovery</strong> <strong>As</strong> A <strong>Service</strong> (<strong>DRAAS</strong>) <strong>Market</strong><br />
In the recent past, digital information has emerged as one of the most valuable asset for any business.<br />
Protection of data from various disasters has become crucial practice, as damage of data can result in<strong>to</strong><br />
severe business and financial losses. Enterprises from various industries are investing significantly in<br />
different solution <strong>to</strong> ensure that their data is correct, accurate, and not corrupted. <strong>Disaster</strong> <strong>Recovery</strong> as a<br />
<strong>Service</strong> enables business <strong>to</strong> duplicate its physical or virtual servers through cloud services provided by<br />
third-party vendor <strong>to</strong> evade data losses caused by human or natural failure. Developing own disaster<br />
recovery strategy can be expensive, complex, and time-consuming, thus there exist a high demand for<br />
disaster recovery as a service solutions. Moreover, <strong>to</strong> meet the demand and expectation, vendors are<br />
introducing active protection and assurance technologies which consist of au<strong>to</strong>mated data healing<br />
capabilities as a measure against cyber-attacks.<br />
<strong>Disaster</strong> <strong>Recovery</strong> as a <strong>Service</strong> <strong>Market</strong>: Drivers and Restraints<br />
Fac<strong>to</strong>rs such as increase in adoption of industrial au<strong>to</strong>mation and virtualization are thereby driving the<br />
market for disaster recovery as a service. In addition <strong>to</strong> this, cost effectiveness and flexibility offered by<br />
disaster recovery as a service solutions, as well as growing trends of managed services of among<br />
enterprises is expected <strong>to</strong> further accelerated demand for disaster recovery as a service during the<br />
forecast period. On the other hand, high network bandwidth requirements, as well as lack of compliance<br />
and security may act as a restraint for the disaster recovery as a service market.<br />
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<strong>Disaster</strong> <strong>Recovery</strong> <strong>As</strong> A <strong>Service</strong> (<strong>DRAAS</strong>) <strong>Market</strong><br />
<strong>Disaster</strong> <strong>Recovery</strong> as a <strong>Service</strong> <strong>Market</strong>: Segmentation<br />
<strong>Disaster</strong> recovery as a service market can be segmented on the basis of type of services, cloud type, end users,<br />
verticals and regions. On the basis of type of services the disaster recovery as a service market can be<br />
segmented in<strong>to</strong> real-time protection, backup, data security, professional services, and others. The disaster<br />
recovery as a service market by end user can be segments as SMEs and large enterprises. Whereas, the cloud<br />
segment in the disaster recovery as a service market may includeprivate cloud, public cloud and hybrid cloud.<br />
On the basis of vertical the market may be classified in<strong>to</strong> retail, healthcare, BFSI, transportation, media and<br />
entertainment, government, and others. Regionally, <strong>Disaster</strong> recovery as a service market can be segmented<br />
in<strong>to</strong> North America, Latin America, Eastern Europe, Western Europe, <strong>As</strong>ia Pacific excluding Japan, Japan, and<br />
Middle East and Africa.<br />
<strong>Disaster</strong> <strong>Recovery</strong> as a <strong>Service</strong> <strong>Market</strong>: Regional Outlook<br />
<strong>Disaster</strong> recovery as a service market is dominated by the North America, and Western Europe region. North<br />
America has a wide presence of key disaster recovery as a service providers, as well as U.S. is considered as the<br />
high adopter of connected technology. <strong>As</strong>ia Pacific Excl. Japan as well as Japan region is expected <strong>to</strong> witness a<br />
significant growth in the disaster recovery as a service market. High growth of APEJ is attributed <strong>to</strong> the growing<br />
trend of business au<strong>to</strong>mation and the increasing number of cyber-attacks, is leading <strong>to</strong> high investment on<br />
disaster recovery as a service solutions by organizations based in the region. Eastern Europe and Latin America is<br />
expected <strong>to</strong> see a significant growth rate in the disaster recovery as a service market.<br />
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<strong>Disaster</strong> <strong>Recovery</strong> <strong>As</strong> A <strong>Service</strong> (<strong>DRAAS</strong>) <strong>Market</strong><br />
<strong>Disaster</strong> recovery as a service <strong>Market</strong>: Competition Landscape<br />
Among the key players involved in disaster recovery as a service market, companies such as International<br />
Business Machines Corporation, Amazon Web <strong>Service</strong>s, Vmware, Inc., Microsoft Corporation and Cisco<br />
Systems, Inc., among others are focusing on organic as well as inorganic strategies <strong>to</strong> strengthen their<br />
position in the disaster recovery as a service market. For instance, in Oc<strong>to</strong>ber 2016, IBM Corp. acquired<br />
Sanovi Technologies Corp. <strong>to</strong> expand its disaster recovery services for hybrid cloud. On the other hand, in<br />
2014, Microsoft Corporation acquired InMage Systems Inc., aiming at providing disaster recovery<br />
solutions along <strong>with</strong> Azure – a cloud computing platform for enterprises.<br />
Full Report <strong>Analysis</strong>@ http://www.futuremarketinsights.com/reports/disaster-recovery-as-a-servicedraas-market<br />
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