Global Disaster Recovery-as-a-service (draas) Market 2024-2028

Global Disaster Recovery-as-a-service (draas) Market 2024-2028

Disaster Recovery-As-A-Service (DRaaS) Market 2024-2028

The disaster recovery-as-a-service (DRaaS) market is forecasted to grow by USD 171389.9 mn during 2023-2028, accelerating at a CAGR of 70.7% during the forecast period. The report on the disaster recovery-as-a-service (DRaaS) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by improvements in manageability and protection, increasing adoption of cloud-based disaster recovery solutions, and need to meet rto and rpo objectives of enterprises.

Technavio's disaster recovery-as-a-service (DRaaS) market is segmented as below:

By Deployment

• Public cloud
• Private cloud
• Hybrid cloud

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the adoption of ai for disaster recovery as one of the prime reasons driving the disaster recovery-as-a-service (DRaaS) market growth during the next few years. Also, introduction of data healing capabilities and adoption of disaster recovery-as-a-service (DRaaS) reducing enterprise need for secondary data centers will lead to sizable demand in the market.

The report on the disaster recovery-as-a-service (DRaaS) market covers the following areas:

• Disaster Recovery-As-A-Service (DRaaS) Market sizing
• Disaster Recovery-As-A-Service (DRaaS) Market forecast
• Disaster Recovery-As-A-Service (DRaaS) Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading disaster recovery-as-a-service (DRaaS) market vendors that include 11 11 Systems Inc., 2nd Watch Inc., Acronis International GmbH, Amazon.com Inc., Broadcom Inc., Cisco Systems Inc., Citrix Systems Inc., Commvault Systems Inc., Dell Technologies Inc., Fidelity National Information Services Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., InterVision Systems LLC, IPC Systems Inc., Liberty Latin America Ltd., Microsoft Corp., Nippon Telegraph and Telephone Corp., Oracle Corp., Rackspace Technology Inc., Recovery Point System, TierPoint LLC, and VMware Inc.. Also, the disaster recovery-as-a-service (DRaaS) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.