Global Disaster Recovery Services Market Report

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Apr 17, 2014, 02:46 ET

DUBLIN, April 17, 2014 /PRNewswire/ --

Dublin - Research and Markets (http://www.researchandmarkets.com/research/6fjhtf/global_disaster) has announced the addition of the "Global Disaster Recovery Services Market Report" report to their offering.

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The analysts forecast the Global Disaster Recovery Services market to grow at a CAGR of 11.18 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in the number of natural disasters in the past few years. The Global Disaster Recovery Services market has also been witnessing SMEs as the forerunners of hybrid cloud disaster recovery usage. However, the high initial investment could pose a challenge to the growth of this market.

The report, the Global Disaster Recovery Services Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and the APAC regions; it also covers the Global Disaster Recovery Services market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

With the increase in adoption of hybrid cloud, SMEs have found that applying this to disaster recovery brings huge benefits. Businesses for years now have been crippled by the challenges of using tape and disk backup. Thus small and medium-sized businesses are expected to increasingly embrace hybrid cloud disaster recovery in the forecast period.

Hybrid cloud disaster recovery is a combination of on-site hardware and software with cloud-based recovery. The adoption of hybrid cloud disaster recovery by businesses will eliminate the need for a secondary disaster recovery site. Moreover it will also reduce the expenses and complexities of managing and maintaining such a system.

According to the report, several factors are driving the growth of the Global Disaster Recovery Services market, one of which is the increasing number of natural disasters. According to a World Bank report, more than 160 countries have a quarter of their population staying in areas of high mortality risk, inferring thereby that any calamity in such areas could result in large numbers of casualties. Apart from lives, businesses can be affected in the event of loss of data. Hence, there is increasing demand for disaster recovery services and solutions.

Further, the report states that one of the major challenges faced by enterprises in the market is the high upfront cost required for the deployment of disaster recovery infrastructure. Organizations need to spend a large amount of money in order to have a foolproof recovery strategy.

Key Topics Covered:

01. Executive Summary

02. Scope of the Report

03. Market Research Methodology

04. List of Abbreviations

05. Introduction

06. Market Landscape

07. Market Segmentation by Applications

08. Market Segmentation by End-users

09. Geographical Segmentation

10. Key Leading Countries

11. Buying Criteria

12. Market Growth Drivers

13. Drivers and their Impact

14. Market Challenges

15. Impact of Drivers and Challenges

16. Market Trends

17. Trends and their Impact

18. Vendor Landscape

19. Key Vendor Analysis

20. Other Reports in this Series

Companies Mentioned: