Disaster Recovery as a Service Market Size, Share and Forecast Disaster Recovery as a Service (DRaaS) Market - Gl

Disaster Recovery as a Service (DRaaS) Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024
Global DRaaS Market: Overview
Disaster Recovery as a Service (DRaaS) is the duplication of physical or virtual servers by a third-
party to provide failover in the event of a man-made or natural data failure. Data has become one of
the primary concerns for organizations. In the present scenario, the world is running on the basis of
data, across all sectors. DRaaS is primary implemented to protect resources and data from disruption
in the event of disaster. DRaaS helps in business continuity for organizations as it provide a total
system backup caused by system failure. DRaaS is often offered in conjunction with a disaster
recovery plan.
DRaaS find its application in a number of industries including BFSI, Retail, Government and Education,
IT and Telecom, Media and Entertainment, Manufacturing and Logistics, among others. Among the
aforementioned segments, DRaaS is mainly used in the government sector. It hold the largest market
share among the segments. Based on the deployment model the DRaaS market is segmented into
To Cloud DRaaS, In Cloud DRaaS, and From Cloud DRaaS.
This 237-page report gives readers a comprehensive overview of the Disaster Recovery as a Service
(DRaaS) market. Browse through 48 data tables and 87 figures to unlock the hidden opportunities in
this market.
http://www.transparencymarketresearch.com/disaster-recovery-a-service-market.html
Global DRaaS Market: Trends and Opportunities
In terms of company size, the global DRaaS market is segregated into small companies, mid-sized
companies and large companies. Mid-sized companies held the largest market share in 2015, with the
increasing popularity of cloud based DRaaS, this market segment is forecast to grow at a significant
rate during the forecast period 2016 to 2024. Additionally the, global DRaaS market is divided into
cloud type which includes private cloud, public cloud and hybrid cloud. In terms of service providers,
the global DRaaS market is bifurcated into cloud service providers (CSP), managed service providers
(MSP) and telecom & communication service provider. Furthermore, the DRaaS market has the
following divisions on the basis of service type – Real Time Protection, Backup, and Professional
services.
DRaaS market has huge scope and opportunity in the emerging markets of Asia Pacific and Rest of
the world (RoW). Countries such as China, Japan, India and Brazil, among others are the major
DRaaS market falling under the Asia Pacific and RoW. Asia Pacific region is home to the world’s
important emerging economies - India and China.
The major drivers driving the global DRaaS market includes rise in adoption of virtualization
technologies, and increasing investments in disruptive cloud technologies, among others. As the cost