Albany, NY -- (SBWire) -- 04/13/2015 --DRaaS refers to services that enable data backup, recovery, and retrieval to help in resuming business functions in the event of a disaster or service disruption. It is one of the fastest growing segments in the cloud-based recovery model. It helps enterprises record mission-critical data during the occurrence of natural calamities such as floods, tornados, and hurricanes, or a sudden and unforeseen system failure. As data are an integral part of business operations, securing them requires efficient and effective implementation of disaster recovery services. It also ensures the availability of IT infrastructure in the event of a disaster. DRaaS market in the US has gained a lot of traction after the occurrence of several natural disasters, including Hurricane Sandy that inflicted heavy losses on the Eastern Coast of the US.
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Market analysts forecast the DRaaS Market in the US to grow at a CAGR of 53.35 percent over the period 2014-2019.
Covered in this Report
DRaaS market in the US is segmented on the basis of end-users and the report also covers the major factors that cause disasters.
New report, DRaaS Market in US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape of DRaaS market in the US and its growth prospects over the coming years. The report also includes a discussion on the key vendors operating in this market.
Key Vendors
- CA Technologies
- Evault
- Geminare
- Hewlett Packard (HP)
- IBM
- Iland
- nScaled
- SunGard Data Systems
- Verizon Terremark
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Other Prominent Vendors
- Acxiom
- Amazon Web Services
- Axcient
- CenturyLink
- CommVault Systems
- Datto Backup
- Equinix
- Latisys
- Microsoft
- Rackspace
- Recovery Point Systems
- Verizon Communications
- VMware
- Windstream Communications
Market Driver
- Reduced Costs
- For a full, detailed list, view our report
Market Challenge
- Issues pertaining to Awareness, Cost, and Coverage of Disaster Recovery Plan
- For a full, detailed list, view our report
Market Trend
- Appliance-based DRaaS
- For a full, detailed list, view our report
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Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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