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The Global Disaster Recovery-as-a-Service (DRaaS) Market is expected to grow by $ 57.76 bn during 2022-2026, accelerating at a CAGR of 44.36% during the forecast period

·3-min read

Global Disaster Recovery-as-a-Service (DRaaS) Market 2022-2026 The analyst has been monitoring the disaster recovery-as-a-service (DRaaS) market and it is poised to grow by $ 57.

New York, Sept. 06, 2022 (GLOBE NEWSWIRE) -- announces the release of the report "Global Disaster Recovery-as-a-Service (DRaaS) Market 2022-2026" -
76 bn during 2022-2026, accelerating at a CAGR of 44.36% during the forecast period. Our report on the disaster recovery-as-a-service (DRaaS) market provides a holistic analysis, market size and forecast, trends, growth drivers, challenges, and vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global 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 the need to meet the RTO and RPO objectives of enterprises.
The disaster recovery-as-a-service (DRaaS) market analysis includes the deployment segment and geographic landscape.

The 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
• 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, the introduction of data healing capabilities and the adoption of DRaaS reducing enterprise need for secondary data centers will lead to sizable demand in the market.

The analyst 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. Our 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

This 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, Broadcom Inc., Cisco Systems Inc., Citrix Systems Inc., Commvault Systems Inc., Dell 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 Inc., TierPoint LLC, VMware Inc., and 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 analyst 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 research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report:

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