The global
disaster recovery-as-a-service (DRaaS) market since 2015 and the market
is poised to grow by USD 9.35 billion during 2018-2022 at a CAGR of close to
36% during the forecast period.
The market is driven by improved manageability and protection. In
addition, the adoption of DRaaS reduces the need for enterprises to invest in
secondary data centers. This is anticipated to further boost the growth of the
disaster recovery-as-a-service (DRaaS) market.
DRaaS not only improves the visibility and security of networks through
a web-based control panel but also ensures continuity of business operations in
case of an outage. It provides complete support and control during manual and
automatic failure. In addition, it also provides customers information on the
state of the IT facility. DRaas offers various features such as integrated data
archiving, sophisticated metering, and ecosystem auditing. Thus, the improved
manageability and protection offered by DRaaS is expected to drive market
growth during the forecast period.
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Major Five Disaster Recovery-as-a-Service (DRaaS) Market Companies:
Amazon.com
Amazon.com is headquartered in the US and operates the business under
various segments such as Amazon Web Services, International, and North America.
The company offers AWS cloud, which helps in fast disaster recovery of IT
systems.
IBM
IBM is headquartered in the US and offers products through the following
business units: Cognitive Solutions, Global Business Services, Technology
Services and Cloud Platforms, Systems, and Global Financing. The company offers
various services such as IBM Resiliency DRaaS and IBM cloud virtualized server
recovery.
iland
iland is headquartered in the US and operates under various business
segments, namely Hosted Cloud, Backup, and Disaster Recovery. The company
offers the iland Secure DRaaS solution, which replicates workloads from a
virtual and physical infrastructure to the company's advanced security cloud
infrastructure.
Microsoft
Microsoft is headquartered in the US and offers products through the
following business segments: Productivity and Business Processes, Intelligent
Cloud, More Personal Computing, and Corporate and Others. The company offers
the Azure Site Recovery solution, which minimizes application downtime during
IT interruptions.
Sungard Availability Services
Sungard Availability Services is headquartered in the US and offers
products through the following business segments: Cloud and Hosting Services,
Disaster Recovery and Business Continuity, Data and Disaster Recovery Centers,
and Managed Application Cloud.
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