Dublin, Feb. 08, 2021 (GLOBE NEWSWIRE) -- The "Global Disaster Recovery as a Service Market By Service Type (Backup Services, Real-Time Replication Services, Others), By Provider, By Deployment Model, By Organization Size, By End User, By Company, By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Disaster Recovery As A Service Market is expected to grow at a CAGR of around 40% during the forecast period
Rising implementation of cloud-based solutions among small and medium-sized enterprises is one of the key factors due to which the market is anticipated to rev up during the forecast years.
Moreover, growing requirement to avoid loss of information and transactions is positively impacting the growth of the market during the forecast period. Furthermore, expanding IT infrastructure worldwide coupled with high flexibility and cost-effectiveness of DRaaS Solutions is expected to bolster the growth of the market over the next few years.
The Global Disaster Recovery As A Service Market is segmented based on service type, provider, deployment model, organization size, end-user, company, and region. Based on service type, the market can be categorized into backup services, real-time replication services, data security services & professional services.
Out of which, the backup services segment is expected to grow at the highest CAGR during the forecast period, which can be attributed to the fact that it provides secure, cost-effective, reliable, automated, and scalable solutions to the enterprises so that any business can maintain its continuity in the event of disaster.
In terms of provider, the market is fragmented into cloud service providers, managed service providers, telecom and communication services providers & others. Among them, the managed service providers segment is estimated to dominate the market in the next five years as it helps organizations to offload the burden of data protection and data security with help of its DRaaS services.
The major players operating in the disaster recovery as a service market are Amazon Web Services, IBM Corporation, Microsoft Corporation, SunGard Availability Services, VMware Inc., Cable & Wireless Communications, Cisco, HP Enterprises Company, Iland Internet Solutions, NTT Communications Corporation, TierPoint, LLC, Verizon Enterprise Solutions and others.
The key market players are adopting some competitive strategies such as mergers & acquisitions, partnership, agreements in order to expand their geographic reach and to increase their customer basis.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Disaster Recovery as a Service Market
4. Executive Summary
5. Voice of Customer
6. Global Disaster Recovery as a Service Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Service Type (Backup Services, Real-Time Replication Services, Data Security Services & Professional Services)
6.2.2. By Provider (Cloud Service Providers, Managed Service Providers, Telecom and Communication Services Providers & Others)
6.2.3. By Deployment Model (Public Cloud, Private Cloud & Hybrid Cloud)
6.2.4. By Organization Size (Large Enterprises Vs Small & Medium Enterprises)
6.2.5. By End User (BFSI, Consumer Good and Retail, Government and Public Sectors, Healthcare and Life Science, Manufacturing, Media and Entertainment, Telecommunication and ITES & Others)
6.2.6. By Company
6.2.7. By Region
6.3. Market Attractiveness Index
7. Asia-Pacific Disaster Recovery as a Service Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Service Type
7.2.2. By Deployment Model
7.2.3. By Organization Size
7.2.4. By End User
7.2.5. By Country
7.3. Asia-Pacific: Country Analysis
8. Europe Disaster Recovery as a Service Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Service Type
8.2.2. By Deployment Model
8.2.3. By Organization Size
8.2.4. By End User
8.2.5. By Country
8.3. Europe: Country Analysis
9. North America Disaster Recovery as a Service Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Service Type
9.2.2. By Deployment Model
9.2.3. By Organization Size
9.2.4. By End User
9.2.5. By Country
9.3. North America: Country Analysis
10. South America Disaster Recovery as a Service Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Service Type
10.2.2. By Deployment Model
10.2.3. By Organization Size
10.2.4. By End User
10.2.5. By Country
10.3. South America: Country Analysis
11. Middle East and Africa Disaster Recovery as a Service Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Service Type
11.2.2. By Deployment Model
11.2.3. By Organization Size
11.2.4. By End User
11.2.5. By Country
11.3. MEA: Country Analysis
12. Market Dynamics
13. Market Trends & Developments
14. Competitive Landscape
14.1. Amazon Web Services, Inc.
14.2. IBM Corporation
14.3. Microsoft Corporation
14.4. SunGard Availability Services LP
14.5. VMware Inc.
14.6. Cable & Wireless Communications Ltd.
14.7. Cisco Systems Inc.
14.8. HP Enterprises Company
14.9. Iland Internet Solutions Corp.
14.10. NTT Communications Corporation
14.11. TierPoint, LLC
14.12. Verizon Enterprise Solutions, LLC
15. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/mli0t4
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