Disaster Recovery as a Service Market - IT Spending Across Verticals Has Driven the Growth of DRaaS

DRaaS helps the Information Technology (IT) and Information Technology enabled services (ITes) industry to address many of its challenges such as the downtime of system and 24x7x365 service delivery to its customers/clients.


Albany, NY -- (SBWIRE) -- 03/17/2016 -- This report aims to provide comprehensive strategic analysis of the global Disaster Recovery as a Service (DRaaS) market along with the market size and growth forecast for the period from 2012 to 2022. The key factors driving the growth of DRaaS market include benefits such as– greater flexibility, faster recovery, cost effective, automated and simpler to test. Increase in worldwide enterprise IT spending across verticals has driven the growth of DRaaS market. In addition, growth of micro, small and medium enterprises (MSMES) have led to the immense popularity of DRaaS. DRaaS have offered a viable solution to achieve effective and efficient disaster recovery in various application sectors.

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This research study on the global DRaaS market provides a detailed analysis of types of deployment model wherein enterprises can opt for DRaaS solution as per their requirement. The report offers an in-depth analysis of various factors such as market drivers, restraints, and growth opportunities affecting the market dynamics. These factors enable the analysis of various trends that would affect the market during the forecast period from 2014 to 2022. The report includes a comprehensive coverage of underlying economical and geographical factors influencing the DRaaS market. The market share analysis of key service providers and platform vendors in the DRaaS market throws light on the prevalent competition in this market.

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Based on the type of company, the DRaaS market has been segmented into small, mid-sized and large companies. Based on factors such as cost of implementation, optimum DR requirement, yearly budget allocation, and type of security of data, customers/companies choose a best-fit solution to address their requirements. Based on product type, the DRaaS market has been classified into software and hardware components.

The report aims to provide a comprehensive cross-sectional analysis of the DRaaS market across geographies including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa (MEA).

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The report also provides a competitive landscape of the DRaaS market and identifies various business strategies adopted by the leading players. In addition, the report provides a detailed cost analysis of traditional disaster recovery service versus cloud based DRaaS. There is also mention of downtime cost analysis of all the three types of companies. The company profiles section of the report provides an overview of the companies operating in the market, strategies deployed by them to gain competitive advantage, annual revenue generated for past financial year, and recent developments. The companies profiled in this report include NTT Communications, Columbus Business Solutions, IBM Corp., HP Co., Geminare, Inc., VMWare, Inc., EMC Corp., Cisco Systems, Inc., QuorumLabs, Inc., SunGard Data Systems, NetApp, Inc., Databarracks Ltd., Windstream Communications, Verizon Communication, Inc., Amazon.com, Inc., and Rackscale s.r.o.

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