Global Disaster Recovery as a Service Market to reach a market size of $15.2 billion by 2022

According to a new report Global Disaster Recovery as a Service Market (2016–2022), published by KBV Research, the global Disaster Recovery as a Service market is expected to attain a market size of $ 15.2 billion by 2022, growing at a CAGR of 44.7% during the forecast period.

Global Disaster Recovery as a Service Market Revenue Trend, 2012–2022 ( In USD Million)

As a disruptive type of cloud computing, Disaster Recovery as a Service in the constantly changing social, political, and technological situation, is more than merely retrieval, but is actually migration into a platform that provides long-term durability. Essential advantages of Disaster Recovery as a Service are driving the adoption, globally. Considering the broadly documented natural calamities in the recent times, organizations notion about cloud dependent disaster restoration at the corporate board level has changed from that relating to an ‘option’ to that of a ‘necessity’. The industry is estimated to take advantage of the increasing investment strategies in disruptive cloud technologies. Together with the economic downturn deteriorating institutional rigidity and companies considering fundamentally distinct strategies to value creation, would complement the market for Disaster Recovery as a Service.

Global Disaster Recovery as a Service Market Growth Trend, 2013–2022

Based on Type, the global Disaster Recovery as a Service market is bifurcated into Backup Solutions, Real-Time Replication, Data Security and Professional Services segment. In 2015, Backup Solutions segment dominated the Global Disaster Recovery as a Service market by Service Type. The segment has generated revenue of USD 491.3 million in 2015. However, Professional Services is expected to witness highest CAGR of 49.1% during the forecast period (2016–2022).

Global Disaster Recovery as a Service Market Revenue Share by Region– 2015 (in %)

In 2015, Cloud Service Providers dominated the Global Disaster Recovery as a Service market by Provider Type. The segment is expected to reach USD 5,307.9 million by 2022. However, Managed Service providers would witness highest CAGR of 51.0% during the forecast period (2016–2022). The two types of organizations including Large Enterprises and Small & Medium Businesses are highlighted in the Global Disaster Recovery as a Service Market by Organization Size. In 2015, Large Enterprises dominated the Global Disaster Recovery as a Service Market by Organization Size.

Global Disaster Recovery as a Service Market Revenue Share by Service Type — 2015 (in %)

The different verticals highlighted in the Disaster Recovery as a Service market are government, BFSI, Retail, IT & Telecom, Healthcare, Education, Manufacturing, Media & Entertainment, Transportation and others. In 2015, BFSI segment dominated the Global Disaster Recovery as a Service market by vertical. The segment has generated revenue of USD 236.9 million in 2015. However, Media & Entertainment segment would witness highest CAGR of 47.8% during the forecast period (2016–2022).

Global Disaster Recovery as a Service Market Revenue Share by Provider Type– 2015 (in %)

The North America region contributed the largest revenue share to the market worldwide due to early adoption of technology, followed by Europe region. The Asia-Pacific region is seeking promising potential and would grow at a CAGR of 34.4% during 2016–2022. In North America, US dominated the North America Disaster Recovery as a Service Market. The Country has registered revenue of $ 2.6 billion in 2015. The Canada market is expected to grow at the fastest growth rate of 29.7% CAGR during the forecast period.

Global Disaster Recovery as a Service Market Revenue Share by Vertical — 2015 (in %)

The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the global Disaster Recovery as a Service market have been discussed in the report along with the elaborated company profiles IBM Corporation, Microsoft Corporation, Google, Inc., HP Enterprise Company, Amazon.com, Inc., Verizon Communications, Inc., Barracuda Networks, Inc. and Cisco Systems, Inc.

Global Disaster Recovery as a Service Market Segmentation

By Service Type

  • Backup Solutions
  • Real-Time Replication
  • Data Security
  • Professional Services

By Provider Type

  • Cloud Service Providers
  • Telecom and Communication Service Providers
  • Managed Service Providers

By Organization Size

  • Large Enterprises
  • Small and Medium Businesses (SMBS)

By Vertical

  • Banking, Financial Services, and Insurance (BFSI)
  • Retail and Wholesale
  • Telecommunication and IT
  • Healthcare
  • Media and Entertainment
  • Government
  • Education
  • Manufacturing
  • Transportation and Logistics
  • Others

BY Geography

  • North America Disaster Recovery as a Service Market
  • S. Disaster Recovery as a Service Market
  • Canada Disaster Recovery as a Service Market
  • Mexico Disaster Recovery as a Service Market
  • Rest of North America Disaster Recovery as a Service Market
  • Europe Disaster Recovery as a Service Market
  • Germany Disaster Recovery as a Service Market
  • K. Disaster Recovery as a Service Market
  • France Disaster Recovery as a Service Market
  • Russia Disaster Recovery as a Service Market
  • Spain Disaster Recovery as a Service Market
  • Italy Disaster Recovery as a Service Market
  • Rest of Europe Disaster Recovery as a Service Market
  • Asia-Pacific Disaster Recovery as a Service Market
  • China Disaster Recovery as a Service Market
  • Japan Disaster Recovery as a Service Market
  • India Disaster Recovery as a Service Market
  • South Korea Disaster Recovery as a Service Market
  • Singapore Disaster Recovery as a Service Market
  • Malaysia Disaster Recovery as a Service Market
  • Rest of Asia-Pacific Disaster Recovery as a Service Market
  • LAMEA Disaster Recovery as a Service Market
  • Brazil Disaster Recovery as a Service Market
  • Argentina Disaster Recovery as a Service Market
  • UAE Disaster Recovery as a Service Market
  • Saudi Arabia Disaster Recovery as a Service Market
  • South Africa Disaster Recovery as a Service Market
  • Nigeria Disaster Recovery as a Service Market
  • Rest of LAMEA Disaster Recovery as a Service Market

Companies Profiled

  • IBM Corporation
  • Microsoft Corporation
  • Google Inc.
  • HP Enterprise Company
  • com, Inc.
  • Verizon Communications, Inc.
  • Barracuda Networks, Inc.
  • Cisco Systems, Inc.

Unique Offerings from KBV Research

  • Exhaustive coverage of Disaster Recovery as a Service Market
  • Highest number of market tables and figures
  • Unique “Market Research & Analytics Tool” to provide instant comparative analysis within the report
  • Subscription based model available
  • Free of cost quarterly updates
  • Free of cost automatic PDF report generation
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Check out the report here — http://www.marketresearchandstatistics.com/ad/global-disaster-recovery-as-a-service-market/

Related Reports:

North America Disaster Recovery as a Service Market (2016–2022)

Europe Disaster Recovery as a Service Market (2016–2022)

Asia Pacific Disaster Recovery as a Service Market (2016–2022)

LAMEA Disaster Recovery as a Service Market (2016–2022)