Market Revenue Disaster Recovery as a Service Market Strategy

Disaster Recovery as a Service Market Strategy Framework,
Competitive Landscape, Vendor, Trends Till 2025
“Increasing level of competition among businesses has created a need to
ensure protection, mending, and backing up & recovery to prevent loss or theft
of vital data, and is a primary factor anticipated to drive the Disaster Recovery
as a Service (DRaaS) Market demand.”
Increasing level of competition among businesses has created a need to ensure protection, mending, and
backing up & recovery to prevent loss or theft of vital data, and is a primary factor anticipated to drive the
Disaster Recovery As A Service (Draas) Market demand. Faster recovery, greater flexibility and cost
effectiveness are also potential market drivers. DRaaS enables faster recovery of data by minimizing downtime.
Modern day technology does not employ any hardware component to execute the process due to the
integration with cloud services, thereby providing cost effective method. High flexibility is ensured as DRaaS
involves no hardware, staff or training for execution.
The solution solely works on cloud platform, which automates the operations efficiently. Potential services
offered by DRaaS include DR planning, testing, backup solutions, data compliance, real-time replication, data
security, system integration and consultation, maintenance and support. DRS can greatly provide financial
benefits through reduction in installation cost, buying, upgrading and maintenance of services and tools. The
industry is witnessing a paradigm shift with the adoption of cloud-based services that are flexible and scalable,
providing easy entry and per person access cost. Large-scale utilization of hybrid cloud DRaaS and increasing
usage among mobile service providers are expected to provide avenues for industry growth. The DRaaS market
is essentially bifurcated on two main parameters that are Recovery Point Objective (RPO) and Recovery Time
Objective (RTO). RTO calculates the amount of downtime a business can afford without any prominent loss and
RPO enables the system to figure out which recovery process would maneuver the process after predicting the
amount of downtime.
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