Disaster Recovery as a Service Market 41.8% CAGR led by North America to 2022

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Sep 14, 2017, 10:00 ET

PUNE, India, September 14, 2017 /PRNewswire/ --

ReportsnReports.com adds the DRaaS market report which is forecast to reach $12.54 billion by 2022 from $2.19 billion in 2017 at a CAGR of 41.8% during (2017-2022) driven by the benefits of fast recovery, cost effectiveness, and greater flexibility, and automation capabilities and increasing adoption rate among Small and Medium-sized Enterprises (SMEs).

Browse 67 Market Data Tables and 42 Figures spread through 157 Pages and in-depth TOC on "Disaster Recovery as a Service Market Global Forecast to 2022" http://www.reportsnreports.com/reports/226126-recovery-as-a-service-raas-market-disaster-recovery-as-a-service-draas-cloud-based-dr-and-business-continuity-worldwide-market-forecasts-and-analysis-2013-2018-.html .

The key DRaaS vendors profiled in the report are Amazon Web Services (Washington, US), Cable & Wireless Communications Limited (London, UK), IBM Corporation (Armonk, New York, US), SunGard Availability Services (Pennsylvania, US), Microsoft Corporation (Washington, US), iland Internet Solutions (Texas, US), Infrascale, Inc. (California, US), Bluelock, LLC (Indiana, US), Recovery Point Systems (Maryland, US), Acronis International GmbH (Massachusetts, US), TierPoint, LLC (Missouri, US), and Geminare Incorporated (California, US).

North America is expected to hold the largest DRaaS market share and Asia Pacific (APAC) to grow the fastest. 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.

Inquire for Discount on 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 research report at http://www.reportsnreports.com/contacts/discount.aspx?name=226126 .

The professional services segment is expected to grow at the highest rate during the forecast period as these services provide training, education, and consulting, support and maintenance services to end-users. These services enable enterprises to choose the best possible solution and services depending upon the business requirements and deliver cost-effective and backup support for technical queries to prevent any downtime.

The DRaaS market has been segmented on the basis of service types, service providers, deployment models, organization size, verticals, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overviews, products and services, key strategies, new product launches, partnerships, agreements and collaborations, business expansions, and competitive landscape associated with the DRaaS market.

Request a Sample Copy of this Report at http://www.reportsnreports.com/contacts/requestsample.aspx?name=226126 .

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (27%), Tier 2 (48%) and Tier 3 (25%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (44%), Director Level (40%), and Others (16%) from various key organizations operating in the Disaster Recovery as a Service Market. The primary interviews were conducted worldwide covering regions such as North America (32%), Europe (26%), Asia-Pacific (20%), Latin America (10%), Middle East and Africa (12%).

This report segments the DRaaS market comprehensively and provides the closest approximations of the revenue numbers for the overall market and subsegments across different verticals and regions. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities. This report will help stakeholders to better understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes new product launches, partnerships, agreements & collaborations, mergers & acquisitions, and expansions.

Another research titled Cybersecurity Market Global Forecast to 2022 says, the global cybersecurity market to grow from $137.85 billion in 2017 to $231.94 billion by 2022, at a CAGR of 11.0%. Strict directives for data privacy driving the growth of the cybersecurity market. Network security is estimated to have the largest market size in 2017. BFSI vertical is expected to have the highest growth rate during the forecast period. APAC is expected to have the highest growth rate during the forecast period. Companies such as IBM Corporation (US), Hewlett Packard Enterprise (US), McAfee LLC (US), Trend Micro, Inc. (Japan), Symantec Corporation (US), Check Point Software Technologies Ltd. (Israel), Cisco Systems, Inc. (US), Palo Alto Networks, Inc. (US), Juniper Networks, Inc. (US), Fortinet, Inc. (US), FireEye, Inc. (US), Sophos Ltd. (UK), Rapid7, Inc. (US), EMC RSA (US), LogRhythm, Inc. (US), Optiv Security Inc. (US), Webroot, Inc. (US), CyberArk Software Ltd. (US), Qualys, Inc. (US), F-Secure (Finland), Trustwave Holdings, Inc. (US), Proofpoint, Inc. (US), Splunk, Inc. (US), Kaspersky Lab (Russia), Imperva, Inc. (US) have been profiled in this 177 pages research report available at http://www.reportsnreports.com/reports/279932-cyber-security-market-iam-encryption-dlp-risk-and-compliance-management-ids-ips-utm-firewall-antivirus-antimalware-svm-siem-disaster-recovery-ddos-mitigation-web-filtering-security-services-global-advancements-forecasts-analysis-2014-2019-.html .

Explore more reports on IT & Telecommunication Market at http://www.reportsnreports.com/market-research/information-technology/ .

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