The global disaster recovery as a service (DRaaS) market is anticipated to grow at a CAGR of 25% during the forecast period. The major factor driving the growth of the global disaster recovery as a service (DRaaS) market during the forecast period is the increasing cloud misconfigurations and the increasing adoption of cloud-based solutions across the globe. According to CheckPoint report 2020, there was a threat of 68% configuration error in the cloud platform which was followed by 58% of unauthorized cloud access and 52% unsecured interfaces as well as 50% account theft. Furthermore, as per the NETSCOUT Threat Intelligence report, in 2020, DDoS attacks became more prevalent with 4.83 million attacks in the first half of the year.
Browse the full report description of “Global Disaster Recovery as a Service (DRaaS) Market Size, Share & Trends Analysis Report by Deployment Model (Public Cloud, Private Cloud, and Hybrid Model), by Vertical (Government & Defense, BFSI, IT and Telecommunication, Healthcare, and Others) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/disaster-recovery-as-a-service-market-size
Moreover, the growing emergence of AI and ML in DRaaS solutions is boosting the growth of the market. Software solution vendors are investigating the development of innovative solutions backed up by cutting-edge technologies such as Artificial Intelligence (AI) and Machine Learning (ML). Additionally, the adoption of AI has increased, and incorporating AI in DRaaS can provide several benefits in protecting and recovering data. Furthermore, organizations are investing to avoid data losses as well as in robust recovery strategies which in turn is driving the growth of the global disaster recovery as a service (DRaaS) market during the forecast period.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Deployment Model
o By Vertical
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- IBM Corp., VMware Inc., Amazon Web Services Inc., NTT Communication Corp., and Microsoft Corp.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Disaster Recovery as a Service (DRaaS) Market Report by Segment
By Type
By Vertical
Global Disaster Recovery as a Service (DRaaS) Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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