marketreportsupdates (3)

1
Disaster Recovery as a Service (DRaaS) Market To
Reach USD 57.19 Billion By 2026
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2
Market Size USD 3.50 Billion in 2018, Market
Growth - CAGR of 41.7, Market Trends Rapid
adoption of cloud-based solutions.
Market Summary
The global Disaster Recovery as a Service (DRaaS)
market is forecast to reach USD 57.19 Billion by
2026, according to a new report by Reports and
Data. Disaster recovery as a service (DRaaS) is a
backup service and cloud computing model that
uses the resources of the cloud to protect data
and applications from the disruption caused by
disaster. DRaaS provides an organization a backup
system that permits business continuity in case
of any system failure.

• Further key findings from the report suggest
• The backup and recovery segment dominated the
  service type segment, as it is cost-effective,
  secure, reliable, automated, and scalable
  solutions to enterprises and ensure the
  continuation of business in case of an event. The
  segment held a market share of 38.7 in the year
  2018.
• Small and medium-sized enterprises held a market
  share of 33.2 in the year 2026. Most of the SMEs
  are unable to afford the IT infrastructure needed
  to safeguard their data. They are quickly
  adopting the DRaaS cloud computing model to help
  ensure the safety of their data.

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Market Summary
Key Players
Key participants Bluelock, IBM, lland, Microsoft,
Infrascale, NTT Communications, Tierpoint, Amazon
Web Services, Acronis, and Sungard AS, among
others.
Segmentation
Service Type Outlook (Revenue USD Billion
2016-2026) Backup and Recovery Data
Protection Real-Time Replication Professional
Services Service Provider Outlook (Revenue USD
Billion 2016-2026) Managed Service
Providers Cloud Service Providers Telecommunicatio
ns Service Providers Others
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Market Summary

• Regional Outlook for Assessment Services Market
  analyses the following geographies
• North America (United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and
  Southeast Asia)
• South America (Brazil, Argentina, Colombia, etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt,
  Nigeria, and South Africa)

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The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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expertise.
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