North America Disaster Recovery As A Service Market Forecast 2022-2030

North America Disaster Recovery As A Service Market Forecast 2022-2030

KEY FINDINGS

The North America Disaster Recovery as a Service market growth is set to record a CAGR of 23.63% during the forecast period, 2022-2030. The rising awareness of cloud computing and the presence of eminent IT firms offer growth opportunities for Disaster as a Recovery Service (DRaaS) in the region. However, bandwidth concerns hinder market growth since data replication bandwidth utilization is a concern since the technology is continuous.

MARKET INSIGHTS

The United States and Canada are evaluated for the North America Disaster Recovery as a Service market growth assessment. Canada has a strong indigenous technology sector. The country’s Information and Communications Technology (ICT) sector entails more than 43,200 companies, as per the International Trade Administration, United States Department of Commerce. Of these, the most come under computer and software services industries. In addition, the sector primarily entails small companies. At the same time, the large companies with more than 500 individuals account for around 100 firms, including foreign multinational corporations’ subsidiaries. Accordingly, the escalating threat of cyberattacks is forcing companies to explore new defenses. Moreover, the use of the public cloud is increasing at a rapid pace, along with the growing adoption of cloud services, which are estimated to fuel DRaaS market growth in Canada.

COMPETITIVE INSIGHTS

Some of the eminent firms in the market include SAP SE, Recovery Point Systems Inc, Cisco Systems Inc, Amazon Web Services Inc, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments