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Disaster Recovery as a Service Market: Global Industry Share, Growth, Trends, and Forecasts 2018–2025

(IT-NEWSWIRE.COM, April 23, 2018 ) Disasters are the consequences of events triggered either by machines or natural hazards on which humans have limited control. Years ago, natural disasters impacted on the society and businesses, these further the dent to overall economy of any region. The advancing technology has proved to avoid damage to an extent, events such as tsunami, floods, hurricanes, and earthquakes are some of the natural disasters which human kind have been tackling all these years. Disaster are not confined to natural activities alone, human or machine errors can also set the business to experience worst of the situations.

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Disaster Recovery Plan (DRP) is also known as Business Continuity Plan (BCP) or Business Process Contingency Plan (BPCP) these plans define how an enterprise should deal with likely disasters. DRP consists of the safety measures to be taken to reduce the impacts of a disaster which further enables the company to efficiently restart functions. Usually, DRP involves complete analysis of business processes and continuity needs, it may also include a significant focus on disaster prevention.

55% of the downtime caused due which the mid-sized and small enterprises are impacted is due to hardware failures, sometimes machines are also prone to commit mistakes as humans. Several stages of redundancy of systems such as power supplies, network controllers and hard drives it is assumed that majority of the risk is covered, but any malfunction in these systems can be easily detected with number of monitoring systems available today.

Modern hardware equipment are resistant to failures, most devices fall far short of a perfect track record. No one is immune to hard disk or internet connection failures. While it can be expensive for any company to eliminate single point of failure in overall infrastructure, companies adhering to disaster recovery which will avoid from business being impacted at a larger scale.

DRaaS adoption is increasing year on year and is being important aspect for all the computing enterprises due to their data dependency businesses, as devices, systems, and networks become more complex, leads to more probability of breakdown. The solutions and services provided for disaster recovery are through cloud to reduce the operational and capital expenses incurred.

DRaaS market is broadly segmented by solution, services, organization size, end-users and geography. The solution segmented further consist of disaster planning and testing, real-time replication, backup solutions, and data security and compliance. While some of the key services of DRaaS include consulting and system integration, support and maintenance, managed service. The market is also segmented by organization size such as small and medium business and large enterprises.

Global Disaster Recovery as a Service Market Players:

IBM Corporation
Hewlett-Packard Enterprise
Microsoft Corporation
Amazon Web Services, Inc.
VMWare, Inc.
Verizon Terremark
NTT Communication Corporation
Rackspace Hosting, Inc.
Sungard Availability Services
Iland Internet Solution Corporation
Complete Report is Available at http://www.reportsweb.com/disaster-recovery-as-a-service-draas-market-to-2025

Objectives of Disaster Recovery as a Service Market Report are as follows:

To provide overview of the global Disaster Recovery as a Service  market
• To analyze and forecast the global  Disaster Recovery as a Service   market on the basis of components, application, size and technology 
• To provide market size and forecast till 2025 for overall  Disaster Recovery as a Service   market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries
• To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
• To provide exhaustive PEST analysis for all five regions
• To profiles key  Disaster Recovery as a Service   players influencing the market along with their SWOT analysis and market strategies
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