“According to the research report published by Polaris Market Research, the Global Disaster Recovery As A Service (Draas) Market Size Is Expected To Reach USD 23.3 Billion By 2027, at a CAGR of 23.4% during the forecast period.”
The latest study released by Polaris Market Research titled Disaster Recovery as a Service Market: By Size, Latest Trends, Share, Huge Growth, Segments, Analysis and Forecast, 2032 evaluates market size, trend, and forecast. The report deeps dive into market data by covering key business segments and wide scope geographies.
The report delivers significant research data and proof to be a ready-to-access and self-analyzed study for managers, analysts, industry experts, and other key people, assisting them in making crucial business decisions. The report comprises qualitative and quantitative information on the Disaster Recovery as a Service Market that provides historical data and growth forecast. It covers recent developments, technologies, and the changing investment structure of the market. The report is showcased with self-explained tables and charts in a presentable format.
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The research defines the market size of Disaster Recovery as a Service Market with respect to various segments & countries by historical years and prospects. Other key elements assembled in this report includes market share of Disaster Recovery as a Service Market, current and future industry trends, growth pattern, business segments, dynamics, competitive landscape, and key countries. Mainly, the report focuses on the most dynamic information of the market.
Segments Covered in The Report
The segments and sub-section of the market are shown by product/service type, major applications/end-users, key players, and regions. Each market segment of Disaster Recovery as a Service Market and its sub-segments are examined, analyzed, and presented in this research report. This segmentation analysis aims to help market participants gain insight into influential categories to concentrate on increasing revenue.
Competitive Landscape
For the competitive landscape, the report also enlisted key players in the Disaster Recovery as a Service Market industry in terms of their market share and concentration ratio. The leading companies are described in detail so that readers can gain a better idea of their competitors and their competitive situation. Also, their company profile with separate SWOT Analysis, product/services specification, headquarters, downstream buyers, and upstream suppliers have been included in this report. Further, important strategies acquired by the major players, such as mergers & acquisitions, recent investments, and key development activity, are further highlighted in this Disaster Recovery as a Service Market report.
Top Key Players:
- Amazon Web Services (AWS)
- Cosentry
- VMware Inc.
- International Business Machines (IBM) Corporation
- Microsoft Corporation
- Rackspace Hosting Inc.
- Verizon Terremark
- iland Internet Solutions Corporation
- NTT Communications Corporation
- Cable & Wireless Communications Limited
- Hewlett-Packard (HP)
- SunGard Availability Services
- TierPoint LLC.
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Segment Highlight
- The players including International Business Machines (IBM) Corporation, Microsoft Corporation, and Rackspace Hosting, Inc. together held a significant market share in 2019 owing to their dominance in the DRaaS market
- North America region is dominating the global disaster as a service market, holding almost one third of the market share throughout the forecast period. The presence of key players and the dynamic business environment, and increasing adoption by small- and large-scale enterprises to enhance productivity and data safety
- The back-up recovery segment is estimated to hold a major share in the global disaster as a service market, as the majority of the organizations are well aware of cybersecurity and crucial data theft. The back-up market held a significant share in 2019. Real time application market is expected to expand at highest CAGR during the forecast period
- Based on provider, the managed service providers segment is projected to constitute almost half of the market in 2027. Managed providers are responsible for managing and monitoring IT systems on behalf of their clients.
Hampering Factors and Challenges:
The report also highlights in-depth statistics about the crucial elements, including drivers & restraining factors that help evaluate the future growth outlook of Disaster Recovery as a Service Market industry. It lists the growth opportunities available across this business vertical. Significant trends and factors driving or inhibiting the growth opportunities in Disaster Recovery as a Service Market for stakeholders are incorporated by identifying the high-growth segments. The study strategically examines individual growth trend and their contribution to the market.
What Does the Report Include?
- The report presents the estimated size of the global Disaster Recovery as a Service Market at the end of the forecast period. The report also examines current market sizes with forecast analysis.
- The report analyzes the growth rate, valuation, current trends in the industry, and the future potential of key regions.
- The report offers a comprehensive view of the market based on geographic scope, segmentation, and key player financial performance.
- The report contains precise and useful details about factors affecting the growth of the market.
- The report evaluates the leading manufacturers of the global Disaster Recovery as a Service Market, which consists of its competitive landscape, Peer Group Analysis, & company profile
- For the forecast period, the study examines the growth rate, market size, and valuation.
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Key Questions Answered with This Study
- What makes the market feasible for long-term investment?
- What geographic region would have better demand for products/services?
- What opportunity emerging territory would offer to established and new entrants in the market?
- How influencing factors driving the demand for Disaster Recovery as a Service Market in the next few years?
- What is the impact analysis of various factors in the market growth?
- What strategies of major players help them acquire share in a mature market?
- What are the recent trends in the regional market?
- What will be the market-based future possibilities, development patterns, and Disaster Recovery as a Service Market elements?
Browse market data Tables and Figures and in-depth TOC on Disaster Recovery as a Service Market Forecast Report (2023-2032) @ https://www.polarismarketresearch.com/industry-analysis/disaster-recover-service-market
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