DUBLIN--(BUSINESS WIRE)--The "Disaster Recovery as a Service Market by Service Type (Backup & Recovery, Real-Time Replication, Data Protection, and Professional Services), Service Provider, Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The DRaaS market is expected to grow from USD 2.19 billion in 2017 to USD 12.54 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 41.8% during the forecast period.
The DRaaS market is driven by factors, such as benefits of fast recovery, cost effectiveness, and greater flexibility, and automation capabilities and increasing adoption rate among Small and Medium-sized Enterprises (SMEs). However, the issue of adequate site separation between primary and backup site and compatibility concern of certain applications in the cloud environment may restrain the growth of DRaaS market.
North America is expected to hold the largest market share during the forecast period, as organizations are shifting toward cloud-based solutions and services with the increasing adoption of digital business strategies. Furthermore, organizations have invested heavily on advanced technologies to gain competitive advantage and improve business operations. The APAC region is in the initial growth phase; however, it is the fastest growing region in the global DRaaS market.
The key reasons for the high growth rate in APAC include the positive economic outlook in the region, increased spending on Information Technology (IT) infrastructure, and the tendency of DR services to address the operational issues.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Disaster Recovery as a Service Market Analysis, By Service Type
7 Disaster Recovery as a Service Market Analysis, By Service Provider
8 Disaster Recovery as a Service Market Analysis, By Organization Size
9 Disaster Recovery as a Service Market Analysis, By Deployment Model
10 Disaster Recovery as a Service Market Analysis, By Vertical
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
- Acronis International GmbH
- Amazon Web Services
- Bluelock LLC
- Cable & Wireless Communications Ltd
- Geminare Incorporated
- IBM Corporation
- Iland Internet Solutions
- Infrascale Inc.
- Microsoft Corporation
- Recovery Point Systems
- Sungard Availability Services
- Tierpoint LLC
For more information about this report visit https://www.researchandmarkets.com/research/394t88/disaster_recovery