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Global Disaster Recovery as a Service (DRaaS) Market Expected to Grow at a Rate of 35% through 2026

Disaster Recovery as a Service (DRaaS) Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026

Global Disaster Recovery as a Service (DRaaS) Market Report 2022 – Global Market Size, Trends and Forecast 2022 – 2026

LONDON, GREATER LONDON, UK, May 4, 2022 / — According to the “Disaster Recovery as a service (DRaaS) Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026” published by The Business Research Company, the Disaster Recovery as a Service (DRaaS) Market the size is expected to grow from $5.79 billion in 2021 to $8.08 billion in 2022 at a compound annual growth rate (CAGR) of 39.5%. The change in growth trend of DRaaS Market is primarily due to companies stabilizing their production after meeting the demand which increased exponentially during the COVID-19 pandemic in 2021. The market is expected to reach 26, $73 billion in 2026 with a CAGR of 34.9%. . The increase in the need for backing up public and private data is driving the growth of the disaster recovery-as-a-service market.

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The DRaaS market is the sale of cloud-based disaster recovery as a service to protect applications and data from disruption caused by a disaster. DRaaS helps ensure business continuity in the event of system failure. Some features of these solutions are hybrid cloud availability monitoring, cross-cloud infrastructure management, and cross-platform health monitoring.

Global DRaaS Market Trends
Due to the increase in cyber threats, companies have started using AI and machine learning in DRaaS solutions to detect unusual threats and behaviors in advance. Predictive learning algorithms are being developed to differentiate between real and fake disaster recovery situations. These learning algorithms can perform proactive recoveries automatically, eliminating failures before they are detected.

Segments of the global DRaaS market
The global DRaaS market is segmented:
By type of service: backup and restore, real-time replication, data protection
By Application: Banking, Financial Services & Insurance (BFSI), Government, IT & Telecommunications, Media & Entertainment, Manufacturing & Logistics, Education
By deployment model: Premises-to-Cloud, Cloud-to-Cloud
By company size: large companies, small and medium-sized companies
Type of cloud: public, private, hybrid
By Geography: The global DRaaS market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Global Disaster Recovery-as-a-Service (DRaaS) Market Report 2022 is part of a series of new reports from The Business Research Company that provides an overview of the global Disaster Recovery-as-a-Service (DRaaS) market ( DRaaS), Disaster Recovery-as-a-Service (DRaaS) Market Analysis and Disaster Recovery-as-a-Service (DRaaS) Market Forecasts Market Size and Growth of Disaster Recovery-as-a-Service (DRaaS) Market Global Disaster Recovery as a Service (DRaaS) Market, Disaster Recovery as a Service (DRaaS) Market Share, Disaster Recovery as a Service (DRaaS) DRaaS) Market Segments and Geographies, Disaster Recovery as a Service (DRaaS) Market Players, Revenues, Disaster Recovery as a Service (DRaaS) Market Top Competitor Profiles and Market Shares. The Disaster Recovery as a Service (DRaaS) Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.

TBRC’s 2022 Global Disaster Recovery as a Service (DRaaS) Market Report includes insights into the following:

Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies

Major Market Players: Amazon Web Services, IBM Corporation, Cisco Systems Inc., Microsoft Corporation, Citrix Systems, iland Internet Solutions, Cable & Wireless Communications Limited, SunGard Availability Services, Infrascale Inc., Bluelock LLC, Dell, Recovery Point Systems, Acronis International GmbH, TierPoint LLC, Geminare Incorporated, VMWare Inc., Symantec Corporation, Commvault, DATORA, Disaster Recovery South Africa (PTY) Ltd., Message Labs Africa and Node Africa, HP Enterprises Company, Treo Information Technology, NTT Communications, Veeam® Software, Zerto, Windstream Communications and Verizon.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.

Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

And more.

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The Business Research Company has published over 1,000 industry reports covering over 2,500 market segments and 60 geographies. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. Reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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