Disaster Recovery as a Service (DRaaS) Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2026
Disaster Recovery as a service (DRaaS) market refers to replication or hosting of virtual or physical servers to a third party business location, which either includes backup appliances or cloud, for enabling data and information recovery in case of any natural or manmade calamity. Significant number of advantages over the conventional disaster recovery, such as elimination of downtime, reduction in IT costs and resources is expected to present major traction to the industry growth. Download PDF Brochure Of This Research Report @ https://www.coherentmarketinsights.com/insight/request-pdf/624 Requirement to fix first and run later is eliminated owing to adoption DRaaS, is expected to prominent factor propelling the market growth Mitigation and preparedness in emergence of a calamity is of significant importance, as corporate data is considered as high value asset in this data driven world. According to our research findings, digital information accounts for over 50% of the company’s total business value exceeding the software and IT infrastructure costs. Loss of consumer information, company and brand reputation, additional data recovery and other IT costs, and long business downtimes are among the major factors that can negatively impact the business propagation. Capacity of DRaaS to overcome these drawbacks is anticipated to be the major factor that will contribute to the disaster recovery as a service market growth. Moreover, owing to the cloud operations, these offerings provide smooth functioning of businesses through virtualization of the whole infrastructure. This enables the concept of run first and fix later capability for business functioning, which will continue to be the major growth factor over the forecast period.