In this rapidly changing world of technology, disaster recovery as a service market is projected to show major growth prospects during the forecast period. The continuous developments and increasing technological advancements are major factors leading to rapid adoption of disaster recovery as service solutions. Major factor driving the disaster recovery as a service market is its flexibility and cost effectiveness. Due to increasing adoption of cloud based solutions by small and medium enterprises, the disaster recovery as a service market is expected to witness significant growth during the forecast period.
As compared to other regions, the disaster recovery as a service market in North America is expected to witness significant growth. North America is expected to hold the largest market share and dominate the market of the disaster recovery as a service market during the forecast period. U.S and Canada are anticipated to drive the growth of disaster recovery as a service market. This is owing to the early adoption of advanced and emerging technologies in that region. In addition to this, the region also has a well-established infrastructure and allows high penetration of devices, while the increasing investments in cloud based solutions is another reason for the growth of disaster recovery as a service market.
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Major Key Players
Amazon Web Services (U.S.),
IBM Corporation (U.S.),
Microsoft Corporation (U.S.),
Sungard Availability Services (U.S.),
VMware Inc. (U.S.),
Cable & Wireless Communications (U.K.),
Cisco Systems (U.S.),
HP Enterprises Company (U.S.),
Treo Information Technology (Turkey) and NTT Communications (Japan) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Market.
According to Market Research Future Analysis, Disaster Recovery As A Service Market has been valued at approx. USD 21 Billion by the end of forecast period with 44% of CAGR during forecast period 2017 to 2023.
Disaster recovery as a service market can be segmented on the basis of service type, service provider, deployment and vertical. The deployment segment is further bifurcated into private cloud, public cloud and hybrid cloud. The cloud based solutions are growing significantly and are very flexible and cost efficient. The service provider segment is classified into cloud service provider, managed service provider and IT and telecommunication service provider. Out of these, the managed service provider segment is expected to grow at the highest CAGR during the forecast period owing to the data protection and data security it offers. Managed service providers remotely manage the IT infrastructure of an enterprise and hence prove to be cost effective by providing a subscription model.
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 a SWOT analysis of the key vendors.
North America is estimated to account for the largest share of the market in 2017. North America has a wide presence of key disaster recovery as a service providers, as well as U.S. is considered as the high adopter of connected technology. Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in disaster recovery as a service market in North America attributes to the technical advancements and increasing investments in cloud based solutions in that region.
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- Technology investors
- Integrated device manufacturers (IDMs)
- Research/Consultancy firms
- Government agencies
- Software providers
- Cloud Service providers
- Professional Service providers
- Solution providers
- Integration service providers
TABLE OF CONTENTS
1 Market Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
LIST OF TABLES
Table 1 Disaster Recovery As A Service Market, By Service Type
Table 2 Disaster Recovery As A Service Market, By Service Provider
Table 3 Disaster Recovery As A Service Market, By Deployment
LIST OF FIGURES
Figure 1 Research Type
Figure 2 Disaster Recovery As A Service Market, By Service Type (%)
Figure 3 Disaster Recovery As A Service Market, By Service Provider (%)
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