Market research reports distributor SandlerResearch.org has released a new report that looks at the disaster recovery as a service (DRaaS) market. ‘DRaaS Market in the US 2015-2019’ forecasts that the DRaaS market in the US will grow at a CAGR of 53.35 percent over the period 2014-2019.
DRaaS is one of the fastest growing segments in the cloud-based recovery model and appliance-based DRaaS solutions is one of the key trends being witnessed in the market. Appliance-based DRaaS, which is increasingly being implemented, offers many advantages to large enterprises and SMEs compared to traditional DR solutions.
According to the report, DRaaS has an ability to economically protect all applications through cloud-based DR because of its reduced costs. Cloud-based DR solutions have emerged as an economical and an optimal choice for enterprises.
Highlights of the report:
- Key market drivers: reduced costs, stringent regulatory requirements and pressure from partners and business agility and flexibility.
- Key market trends: Appliance-based DRaaS, Hybrid Cloud Deployment Model for DRaaS and BYOD.
The report recognizes the following companies as the key players in the DRaaS Market in the US: CA Technologies, EVault Inc. (Seagate Company), Geminare Inc., Hewlett Packard (HP) Corp., International Business Machines (IBM) Corp., iland, nScaled Inc., SunGard Data Systems Inc. and Verizon Communications.
Other Prominent Vendors in the market are: Acxiom, Amazon Web Services, Axcient, CenturyLink, CommVault Systems, Datto Backup, Equinix, Latisys, Microsoft, Rackspace, Recovery Point Systems, Unitrends, Verizon Communications, VMware and Windstream Communications.
Order a Copy of Report at http://www.sandlerresearch.org/purchase?rname=34775.