Company, organizations, and markets news

Market research reports distributor 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

Want news and features emailed to you?

Signup to our free newsletters and never miss a story.

A website you can trust

The entire Continuity Central website is scanned daily by Sucuri to ensure that no malware exists within the site. This means that you can browse with complete confidence.

Business continuity?

Business continuity can be defined as 'the processes, procedures, decisions and activities to ensure that an organization can continue to function through an operational interruption'. Read more about the basics of business continuity here.

Get the latest news and information sent to you by email

Continuity Central provides a number of free newsletters which are distributed by email. To subscribe click here.