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Disaster Recovery as a Service (DRaaS) Market

RA00147

Disaster Recovery as a Service (DRaaS) Market by Component (Solution, Service), Provider (Cloud Service Provider, Telecom & Communication Service Provider and Disaster Recovery Service Provider), Organization Size (Small and Medium Business and Large Enterprises), Vertical (BFSI, Education, Government, Healthcare, Manufacturing, Media & Entertainment, Telecommunication & IT, Retail and Wholesale, Transportation and Logistics): Global Opportunity Analysis and Industry Forecast, 2019-2026

RA00147

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Mar 2020

COVID-19

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industries.

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Impact of covid-19 on Disaster Recovery as a Service (DRaaS) Market

Global Disaster Recovery as a Service (DRaaS) Market Insights 2026:

Disaster Recovery as a Service (DRaaS) market was $3,332.2 million in 2018 and is predicted to grow at a CAGR of 40.6% during the forecast period. Asia-Pacific disaster recovery as a service market was $851.7 million by 2018 and is predicted to reach a revenue of $17,876.6 million by 2026. Cost effectiveness is predicted to be a major driving factor for the growth of disaster recovery as a service market.
Disaster recovery as a service is a backup service model, which uses the cloud services to protect the data and application from the disruption caused by disaster. This helps the company to recover from the loss of data caused due to any event, man-made or natural. It is a cloud-based solution, wherein one can access any system from any location provided with an internet connection. In case of any natural disasters, the DRaaS will help continuation of work by recovering the data within a few minutes and enable business from multiple locations with internet connectivity.

Cost effectiveness and greater flexibility is predicted to drive the Disaster Recovery as a Service Market

Disaster recovery as a service is gaining popularity among enterprises of all sizes, mainly due to its affordable pricing model. Most of the additional costs involved for storing the data in a cloud server is effectively eliminated by using disaster recovery as a service through a third-party service provider. This further eliminates the unwanted expenses for the company like the expenses for purchase or leasing server, network and storage equipment, owning a space for secondary data centers, monthly cost associated for cooling, power and bandwidth at the secondary data centers and many more. In addition, the rise in the need for backing up the data is predicted to drive the market in the forecast period. Disaster recovery as a service solution enables the company to recover the data within a few minutes depending on the server without any interruption in the business operation if any disaster occurs. 

Data Breach and security is considered to be the major restraints for the Disaster Recovery as a Service Market

Many companies are concerned about the data breach, as most of their data is stored in the cloud servers. Increasing cases of data breach and hacking are making the companies to improve their systems’ security in order to avoid these. As the DRaaS involves the third-party companies, there might be a threat of data breach, due to this many companies are not considering this as a viable option. This will act as a significant threat to the growth of DRaaS market during the coming years.

Disaster Recovery as a Service Market Segmentations, by Component:

Solution segment is predicted to have the dominant share during the forecast period, owing to the increasing adoption from the new players among large enterprises


Disaster Recovery as a Service Market Segmentations, by Component

Source: Research Dive Analysis

The solution segment in disaster recovery as a service market accounted for over $2,148.1 million in 2018 and is predicted to grow at a CAGR of 35.4% during the forecast period. The solution type is predicted to grow with the adoption of disaster recovery as a service in the enterprises at a faster rate. The solution component enables the enterprises to optimize the data and improve the efficiency of the storage system. Due to the above-mentioned reasons, the solution segment is predicted to give boost to the increasing adoption of DRaaS in the coming years.

The backup solution segment in the disaster recovery as a service market was accounted for $837.0 million in 2018 and is predicted to grow at a CAGR of 36.5% in the forecast period. The backup solution segment aims at storing the data in the form of backing up during failure or downtime. Restoring the data from the hard drive or any devices is expensive and time consuming. With the help of cloud services, one can back up the file in minutes depending upon the server usability. Backup solution segment helps in managing the files and getting the files restored automatically in real time which is predicted to give rise to the overall market in the forecast period.

The managed service segment was $389.9 million in 2018 and is predicted to grow at a CAGR of 51.4% in the forecast period. Managed service helps the organization to get rid of the burden in the data security and data protection which helps the organization to ensure the continuity of the business operational even in the disastrous circumstances. Therefore, the enterprises are opting for the managed service sector to overcome the challenges related to cost, technical expertise, infrastructure and many more which aids in boosting the managed service provider segment to grow in the forecast period.

Disaster Recovery as a Service Market, by Provider:

Cloud service provider is estimated have the highest share in the market over the forecast period


Disaster Recovery as a Service Market, by Provider

Source: Research Dive Analysis

Cloud service provider segment accounted for $1,934.5 million in 2018 and is predicted to grow with a CAGR of 38.2% in the forecast period. Cloud services providers are expected to witness a significant growth, owing to the growing customer base in the IT sector. The disaster recovery as a service solution helps the companies for data storage on cloud with the help of third parties rather than investing in the purchase of new infrastructure and software which increases their capital. Major companies offer the cloud based disaster recovery as a service, which helps in increasing the share of the overall market in the forecast period.

Disaster Recovery as a Service Market, by Organization Size:

Small and medium business is predicted to give boost to the overall market

Disaster Recovery as a Service Market, by Organization Size

Source: Research Dive Analysis

DRaaS market for small and medium businesses was $1,112.3 million in 2018 and is predicted to grow at a CAGR of 48.2% in the forecast period. Pay-as-you-go payment model, ease of use, less operational cost involved, and flexibility offerings are predicted to increase the demand for DRaaS.

Disaster Recovery as a Service Market, by Vertical:

Telecommunication and IT is predicted to be the most lucrative in the forecast period


Disaster Recovery as a Service Market, by Vertical

Disaster Recovery as a Service Market, by Region:

The Asia-Pacific region will have fantastic investment prospects for investors over the coming years


Disaster Recovery as a Service Market, by Region

Source: Research Dive Analysis

Asia-Pacific disaster recovery as a service market accounted for $851.7 million in 2018 and is predicted to grow at a CAGR of 46.2% in the forecast period. This regional market is predicted to grow, owing to the rising economy and huge investment done by the major companies. In addition, the governments’ initiative for securing data of the respective companies is predicted to boost the market in this region. North America disaster recovery as a service market accounted for over $1,046.3 million in 2018 and is predicted to grow at a CAGR of 34.0% in the forecast period. North America has the most dominant market share across the globe. The presence of large number of companies located in the region and high penetration rate in the telecommunication & IT and BFSI is predicted to be the major driving factor for the growth of
the regional market in the forecast period.

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Key Participants in the Disaster Recovery as a Service Market:

Key Participants in the Disaster Recovery as a Service Market

Source: Research Dive Analysis

The disaster recovery as a service market players include IBM Corporation, HP Development Company, L.P., Amazon Web Services, Inc., Cable & Wireless Communications Limited., TierPoint, LLC., Microsoft, VMware Inc., NTT Communications Corporation, and RACKSPACE US, INC., among others.
 

Aspect

Particulars

  Historical Market Estimations

  2018-2019

  Base Year for Market Estimation

  2018

  Forecast timeline for Market Projection

  2019-2026

  Geographical Scope

  North America, Europe, Asia-Pacific, LAMEA

  Segmentation by Component

  • Solution
    • Disaster Recovery Planning and Testing
    • Real-Time Replication
    • Backup Solution
    • Data Security and Compliance
  • Service
    • Consulting and System Integration
    • Support and Maintenance
    • Managed Services

  Segmentation by Provider

  • Cloud Service Provider
  • Telecom and Communication Service Provider
  • Disaster Recovery Service Provider

  Segmentation by Organization Size

  • Small and Medium Business
  • Large Enterprises

  Segmentation by Vertical

  • BFSI
  • Education
  • Government
  • Healthcare
  • Manufacturing
  • Media and Entertainment
  • Retail and Wholesale
  • Telecommunication and IT
  • Transportation and Logistics
  • Others

  Key Countries Covered

U.S., Canada, Mexico Germany, France, UK, Italy, Japan, China, India, South Korea, Australia, Latin America, Middle East, Africa

  Key Companies Profiled

  • IBM Corporation
  • HP Development Company, L.P.
  • Amazon Web Services, Inc.
  • Cable & Wireless Communications Limited.
  • TierPoint, LLC.
  • Microsoft
  • VMware Inc.
  • NTT Communications Corporation
  • RACKSPACE US, INC.

Source: Research Dive Analysis

1. Research Methodology

1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters

1.4.1. Assumptions
1.4.2. Forecast parameters

1.5. Data sources

1.5.1. Primary
1.5.2. Secondary

2. Executive Summary

2.1. 360° summary
2.2. Component trends

2.2.1. Solution trends
2.2.2. Service trends

2.3. Provider trends
2.4. Organization size trends
2.5. Vertical trends

3. Market overview

3.1. Market segmentation & definitions
3.2. Key takeaways

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Porter’s five forces analysis

3.3.1. Bargaining power of consumers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of new entrants
3.3.4. Threat of substitutes
3.3.5. Competitive rivalry in the market

3.4. Market dynamics

3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities

3.5. Technology landscape
3.6. Regulatory landscape
3.7. Patent landscape
3.8. Strategic overview

4. Disaster Recovery as a Service Market, by Component

4.1. Solution

4.1.1. Market size and forecast, by region, 2019-2026
4.1.2. Comparative market share analysis, 2019-2026
4.1.3. Disaster Recovery Planning and Testing

4.1.3.1. Market size and forecast, by region, 2019-2026
4.1.3.2. Comparative market share analysis, 2019-2026

4.1.4. Real-Time Replication

4.1.4.1. Market size and forecast, by region, 2019-2026
4.1.4.2. Comparative market share analysis, 2019-2026

4.1.5. Backup Solution

4.1.5.1. Market size and forecast, by region, 2019-2026
4.1.5.2. Comparative market share analysis, 2019-2026

4.1.6. Data Security and Compliance

4.1.6.1. Market size and forecast, by region, 2019-2026
4.1.6.2. Comparative market share analysis, 2019-2026

4.2. Service

4.2.1. Market size and forecast, by region, 2019-2026
4.2.2. Comparative market share analysis, 2019-2026
4.2.3. Consulting and System Integration

4.2.3.1. Market size and forecast, by region, 2019-2026
4.2.3.2. Comparative market share analysis, 2019-2026

4.2.4. Support and Maintenance

4.2.4.1. Market size and forecast, by region, 2019-2026
4.2.4.2. Comparative market share analysis, 2019-2026

4.2.5. Managed Services

4.2.5.1. Market size and forecast, by region, 2019-2026
4.2.5.2. Comparative market share analysis, 2019-2026

5. Disaster Recovery as a Service Market, by Provider

5.1. Cloud Service Provider

5.1.1. Market size and forecast, by region, 2019-2026
5.1.2. Comparative market share analysis, 2019-2026

5.2. Telecom and Communication Service Provider

5.2.1. Market size and forecast, by region, 2019-2026
5.2.2. Comparative market share analysis, 2019-2026

5.3. Disaster Recovery Service Provider

5.3.1. Market size and forecast, by region, 2019-2026
5.3.2. Comparative market share analysis, 2019-2026

6. Disaster Recovery as a Service Market, by Organization Size

6.1. Small and Medium Enterprises

6.1.1. Market size and forecast, by region, 2019-2026
6.1.2. Comparative market share analysis, 2019-2026

6.2. Large Enterprises

6.2.1. Market size and forecast, by region, 2019-2026
6.2.2. Comparative market share analysis, 2019-2026

7. Disaster Recovery as a Service Market, by Vertical

7.1. BFSI

7.1.1. Market size and forecast, by region, 2019-2026
7.1.2. Comparative market share analysis, 2019-2026

7.2. Education

7.2.1. Market size and forecast, by region, 2019-2026
7.2.2. Comparative market share analysis, 2019-2026

7.3. Government

7.3.1. Market size and forecast, by region, 2019-2026
7.3.2. Comparative market share analysis, 2019-2026

7.4. Healthcare

7.4.1. Market size and forecast, by region, 2019-2026
7.4.2. Comparative market share analysis, 2019-2026

7.5. Manufacturing

7.5.1. Market size and forecast, by region, 2019-2026
7.5.2. Comparative market share analysis, 2019-2026

7.6. Media and Entertainment

7.6.1. Market size and forecast, by region, 2019-2026
7.6.2. Comparative market share analysis, 2019-2026

7.7. Retail and Wholesale

7.7.1. Market size and forecast, by region, 2019-2026
7.7.2. Comparative market share analysis, 2019-2026

7.8. Telecommunication and IT

7.8.1. Market size and forecast, by region, 2019-2026
7.8.2. Comparative market share analysis, 2019-2026

7.9. Transport and Logistics

7.9.1. Market size and forecast, by region, 2019-2026
7.9.2. Comparative market share analysis, 2019-2026

7.10. Others

7.10.1. Market size and forecast, by region, 2019-2026
7.10.2. Comparative market share analysis, 2019-2026

8. Disaster Recovery as a Service Market, by Region

8.1. North Region

8.1.1. Market size and forecast, by component, 2019-2026
8.1.2. Market size and forecast, by provider, 2019-2026
8.1.3. Market size and forecast, by organization size, 2019-2026
8.1.4. Market size and forecast, by vertical, 2019-2026
8.1.5. Market size and forecast, by country, 2019-2026
8.1.6. Comparative market share analysis, 2019-2026

8.1.7. U.S

8.1.7.1. Market size and forecast, by component, 2019-2026
8.1.7.2. Market size and forecast, by provider, 2019-2026
8.1.7.3. Market size and forecast, by organization size, 2019-2026
8.1.7.4. Market size and forecast, by vertical, 2019-2026

8.1.8. Canada

8.1.8.1. Market size and forecast, by component, 2019-2026
8.1.8.2. Market size and forecast, by provider, 2019-2026
8.1.8.3. Market size and forecast, by organization size, 2019-2026
8.1.8.4. Market size and forecast, by vertical, 2019-2026

8.1.9. Mexico

1.1.1. Market size and forecast, by component, 2019-2026
1.1.2. Market size and forecast, by provider, 2019-2026
1.1.3. Market size and forecast, by organization size, 2019-2026
1.1.4. Market size and forecast, by vertical, 2019-2026

1.2. Europe

1.2.1. Market size and forecast, by component, 2019-2026
1.2.2. Market size and forecast, by provider, 2019-2026
1.2.3. Market size and forecast, by organization size, 2019-2026
1.2.4. Market size and forecast, by vertical, 2019-2026
1.2.5. Market size and forecast, by country, 2019-2026
1.2.6. Comparative market share analysis, 2019-2026

1.2.7. UK

1.2.7.1. Market size and forecast, by component, 2019-2026
1.2.7.2. Market size and forecast, by provider, 2019-2026
1.2.7.3. Market size and forecast, by organization size, 2019-2026
1.2.7.4. Market size and forecast, by vertical, 2019-2026
1.2.7.5. Comparative market share analysis, 2019-2026

1.2.8. Germany

1.2.8.1. Market size and forecast, by component, 2019-2026
1.2.8.2. Market size and forecast, by provider, 2019-2026
1.2.8.3. Market size and forecast, by organization size, 2019-2026
1.2.8.4. Market size and forecast, by vertical, 2019-2026
1.2.8.5. Comparative market share analysis, 2019-2026

1.2.9. France

1.2.9.1. Market size and forecast, by component, 2019-2026
1.2.9.2. Market size and forecast, by provider, 2019-2026
1.2.9.3. Market size and forecast, by organization size, 2019-2026
1.2.9.4. Market size and forecast, by vertical, 2019-2026
1.2.9.5. Comparative market share analysis, 2019-2026

1.2.10. Italy

1.2.10.1. Market size and forecast, by component, 2019-2026
1.2.10.2. Market size and forecast, by provider, 2019-2026
1.2.10.3. Market size and forecast, by organization size, 2019-2026
1.2.10.4. Market size and forecast, by vertical, 2019-2026
1.2.10.5. Comparative market share analysis, 2019-2026

1.2.11. Rest of Europe

1.2.11.1. Market size and forecast, by component, 2019-2026
1.2.11.2. Market size and forecast, by provider, 2019-2026
1.2.11.3. Market size and forecast, by organization size, 2019-2026
1.2.11.4. Market size and forecast, by vertical, 2019-2026
1.2.11.5. Comparative market share analysis, 2019-2026

1.3. Asia-Pacific

1.3.1. Market size and forecast, by component, 2019-2026
1.3.2. Market size and forecast, by provider, 2019-2026
1.3.3. Market size and forecast, by organization size, 2019-2026
1.3.4. Market size and forecast, by vertical, 2019-2026
1.3.5. Market size and forecast, by country, 2019-2026
1.3.6. Comparative market share analysis, 2019-2026

1.3.7. China

8.1.9.1. Market size and forecast, by component, 2019-2026
8.1.9.2. Market size and forecast, by provider, 2019-2026
8.1.9.3. Market size and forecast, by organization size, 2019-2026
8.1.9.4. Market size and forecast, by vertical, 2019-2026
8.1.9.5. Comparative market share analysis, 2019-2026

8.1.10. India

8.1.10.1. Market size and forecast, by component, 2019-2026
8.1.10.2. Market size and forecast, by provider, 2019-2026
8.1.10.3. Market size and forecast, by organization size, 2019-2026
8.1.10.4. Market size and forecast, by vertical, 2019-2026
8.1.10.5. Comparative market share analysis, 2019-2026

8.1.11. Japan

8.1.11.1. Market size and forecast, by component, 2019-2026
8.1.11.2. Market size and forecast, by provider, 2019-2026
8.1.11.3. Market size and forecast, by organization size, 2019-2026
8.1.11.4. Market size and forecast, by vertical, 2019-2026
8.1.11.5. Comparative market share analysis, 2019-2026

8.1.12. South Korea

8.1.12.1. Market size and forecast, by component, 2019-2026
8.1.12.2. Market size and forecast, by provider, 2019-2026
8.1.12.3. Market size and forecast, by organization size, 2019-2026
8.1.12.4. Market size and forecast, by vertical, 2019-2026
8.1.12.5. Comparative market share analysis, 2019-2026

8.1.13. Australia

8.1.13.1. Market size and forecast, by component, 2019-2026
8.1.13.2. Market size and forecast, by provider, 2019-2026
8.1.13.3. Market size and forecast, by organization size, 2019-2026
8.1.13.4. Market size and forecast, by vertical, 2019-2026
8.1.13.5. Comparative market share analysis, 2019-2026

8.1.14. Rest of Asia Pacific

8.1.14.1. Market size and forecast, by component, 2019-2026
8.1.14.2. Market size and forecast, by provider, 2019-2026
8.1.14.3. Market size and forecast, by organization size, 2019-2026
8.1.14.4. Market size and forecast, by vertical, 2019-2026
8.1.14.5. Comparative market share analysis, 2019-2026

1.4. LAMEA

1.4.1. Market size and forecast, by component, 2019-2026
1.4.2. Market size and forecast, by provider, 2019-2026
1.4.3. Market size and forecast, by organization size, 2019-2026
1.4.4. Market size and forecast, by vertical, 2019-2026
1.4.5. Market size and forecast, by country, 2019-2026
1.4.6. Comparative market share analysis, 2019-2026

1.4.7. Latin America

1.4.7.1. Market size and forecast, by component, 2019-2026
1.4.7.2. Market size and forecast, by provider, 2019-2026
1.4.7.3. Market size and forecast, by organization size, 2019-2026
1.4.7.4. Market size and forecast, by vertical, 2019-2026
1.4.7.5. Comparative market share analysis, 2019-2026

1.4.8. Middle East

1.4.8.1. Market size and forecast, by component, 2019-2026
1.4.8.2. Market size and forecast, by provider, 2019-2026
1.4.8.3. Market size and forecast, by organization size, 2019-2026
1.4.8.4. Market size and forecast, by vertical, 2019-2026
1.4.8.5. Comparative market share analysis, 2019-2026

1.4.9. Africa

1.4.9.1. Market size and forecast, by component, 2019-2026
1.4.9.2. Market size and forecast, by provider, 2019-2026
1.4.9.3. Market size and forecast, by organization size, 2019-2026
1.4.9.4. Market size and forecast, by vertical, 2019-2026
1.4.9.5. Comparative market share analysis, 2019-2026

2. Company profiles

2.1. IBM Corporation

2.1.1. Business overview
2.1.2. Financial performance
2.1.3. Product portfolio
2.1.4. Recent strategic moves & developments
2.1.5. SWOT analysis

2.2. HP Development Company, L.P.

2.2.1. Business overview
2.2.2. Financial performance
2.2.3. Product portfolio
2.2.4. Recent strategic moves & developments
2.2.5. SWOT analysis

2.3. Amazon Web Services, Inc.

2.3.1. Business overview
2.3.2. Financial performance
2.3.3. Product portfolio
2.3.4. Recent strategic moves & developments
2.3.5. SWOT analysis

2.4. Cable & Wireless Communications Limited.

2.4.1. Business overview
2.4.2. Financial performance
2.4.3. Product portfolio
2.4.4. Recent strategic moves & developments
2.4.5. SWOT analysis

2.5. TierPoint, LLC.

2.5.1. Business overview
2.5.2. Financial performance
2.5.3. Product portfolio
2.5.4. Recent strategic moves & developments
2.5.5. SWOT analysis

2.6. Microsoft

2.6.1. Business overview
2.6.2. Financial performance
2.6.3. Product portfolio
2.6.4. Recent strategic moves & developments
2.6.5. SWOT analysis

2.7. VMware Inc.

2.7.1. Business overview
2.7.2. Financial performance
2.7.3. Product portfolio
2.7.4. Recent strategic moves & developments
2.7.5. SWOT analysis

2.8. NTT Communications Corporation

2.8.1. Business overview
2.8.2. Financial performance
2.8.3. Product portfolio
2.8.4. Recent strategic moves & developments
2.8.5. SWOT analysis

2.9. RACKSPACE US, INC.

2.9.1. Business overview
2.9.2. Financial performance
2.9.3. Product portfolio
2.9.4. Recent strategic moves & developments
2.9.5. SWOT analysis

 

Rising Need for Backing Up Data to Escalate the Growth of Global Disaster Recovery as a Service Market

Disaster recovery as a service or DRaaS is a model of back-up service and cloud computing that makes use of cloud resources to protect data and applications from disaster’s disruption. DRaaS gives a total system backup to an organization, which enables them for continuing business in the event of system failure.

Research Dive report confirms that the global disaster recovery as a service market continues to evolve. The industry is driven by the SMBs (small and medium businesses) that are looking for solutions that unites disaster recovery with backup and data protection.

Advantages of DRaaS

  • As DRaaS is 100% cloud computing it is a multisite. The resources are replicated to various different sites to make sure there is a continuous backup in the event. 
  •  The recovery service can replicate any environment and does not favor one platform or vendor.
  •  Depending on the requirement of customers whether comprehensive or granular, an organization can lessen the costs with flexibility protection, if all the data does not require a backup.

Recent Developments in the DRaaS Market

There are numerous DRaaS providers all across the globe, and all with different tactics and skills for hosting and replicating servers and data. As per Research Dive blog, some DRaaS providers back up physical servers, while others focus on virtual servers. As DRaaS is a growing market, organizations look to third-party providers to deliver failover in the event of service disruptions or natural disasters.

The owners of auction houses and collision center, Auto Nation launched its individual precision parts line. In 2018, they announced a new disaster-recovery plan. This plan features a blend of as a service-based and colocation-based disaster recovery, with 25% applications targeted to recover from Amazon Web Services and 75% from a Denver colocation facility. Orchestrated by DRaaS provider Cohesity, the environment replicates and backs up virtual servers, data and applications to the AWS and the colocation facility. Recovery and failover are also managed by Cohesity.

According to a leading global technology research, more players are entering the market as interest grows in DRaaS. There are some applications and servers that can be easily ported to a cloud-based disaster recovery as a service environment. On the other hand, others might be resistant due to their high interdependency with other applications.

Potential Future of Disaster Recovery as a Service Market

Global market for disaster recovery as a service is anticipated to witness a progressive growth during the forecast period. The rise in the need for backing up the data is predicted to drive the market from 2019 to 2026. As a service solution, disaster service allows the companies to recover data within a few minutes depending on the server without any interruption. As most of the data is stored on the cloud servers, the companies are concerned about the data breach. Thus, data breach and security are considered as the major restraints for the growth of global disaster recovery as a service market.
Greater flexibility and affordable pricing model are some of the significant factors giving substantial uplift to the growth of the global market in the upcoming years. As per the Research Dive report statistics, the global market for disaster recovery as a service is likely to surpass $50,887.1 million by the end of 2026. Geographically, the Asia Pacific DRaaS market is likely to dominate the industry owing to the rising economy and huge investment done by the major companies in this region. Additionally, the report profiles top gaining players operating in the global market who are focusing more on R&D activities to increase their market size in the disaster recovery as a service industry across the globe.

 

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