Techno World Disaster-Recovery-as-a-Service-(DraaS)-Market
Disaster Recovery as a Service (DraaS) Market Headed for
Growth and Global Expansion by 2026
Disaster Recovery as a service (DRaaS) Market research provides
industry analysis by type, manufacturer, application along with key
factors influencing the growth of the market which include growth
drivers, restraints, opportunities and challenges, strategically
profile key players and comprehensively analyze their market share
and core competencies.
Disaster Recovery as a service (DRaaS) market refers to replication or hosting of virtual or
physical servers to a third party business location, which either includes backup appliances or
cloud, for enabling data and information recovery in case of any natural or manmade calamity.
Significant number of advantages over the conventional disaster recovery, such as elimination of
downtime, reduction in IT costs and resources is expected to present major traction to the
industry growth.
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Requirement to fix first and run later is eliminated owing to adoption DRaaS, is
expected to prominent factor propelling the market growth
Mitigation and preparedness in emergence of a calamity is of significant importance, as
corporate data is considered as high value asset in this data driven world. According to our
research findings, digital information accounts for over 50% of the company’s total business
value exceeding the software and IT infrastructure costs. Loss of consumer information, company
and brand reputation, additional data recovery and other IT costs, and long business downtimes
are among the major factors that can negatively impact the business propagation. Capacity of
DRaaS to overcome these drawbacks is anticipated to be the major factor that will contribute to