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Research Reports

Disaster Recovery as a Service (DRaaS) Market: Choosing The Right Options For Your Business/Product

Global Banking And Finance 1 News

United States/WA: Market Will Boom In Near Future

Report Pages:[130 Pages] 

The Competitive Area of the Disaster Recovery as a Service (DRaaS) Market is Defined by Key Players Like:–Acronis International, Amazon Web Services, Cisco Systems, Microsoft Corporation, IBM Corporation, Sungard Availability Services, VMWare, Hewlett Packard Enterprise, iland Internet Solutions, and NTT Communications Corporation, among few others.

Disaster Recovery as a Service (DRaaS) has become more popular over the years as businesses have begun to realize just how easy it is to restore their business up to normal after a massive data loss or attack of some kind. The problem many people run into, though, is that unless they already possess a highly specialized skill set in terms of both IT and telecommunications, they find it difficult to find an appropriate provider that will deliver on their claims of Disaster Recovery as a Service (DRaaS), especially if they are relatively new to the IT business or field.

Currently, there has been an increasing incidence rate of malicious cybercrimes, across the globe, which is enhancing the requirement of data recovery in various governmental, nonprofit, and private organizations, and creating demand in the Disaster Recovery as a Service (DRaaS) market. For instance, according to the National Crime Records Bureau (NCRB) of India, in 2019 there were around 44546 cybercrime incidents in the region. Moreover, authoritarian bodies worldwide are issuing stringent measures related to data protection and regulation, which has the proximity to augment the growth of the Disaster Recovery as a Service (DRaaS) market on a global scale.

If the business is relatively new to IT and/or telecommunications, it might be wise to consult the local county office to see the Disaster Recovery as a Service (DRaaS), that they offer. In most cases, the local county office has already done much of the work in terms of establishing the business’s IT backbone. Once the Disaster Recovery as a Service (DRaaS) is running accurately the individual can then consider moving on to finding better Disaster Recovery as a Services (DRaaS), which can be done very easily online by checking out a few of the larger companies in this field that will be more than happy to assist. If the individual is careful, they should find Disaster Recovery as a Service (DRaaS) as simple as buying a CD or flash drive, installing it on their computer, and then making use of its software to back it up and restore the system. However, the lack of efficient and skilled expertise in the market can negatively influence the growth of the Disaster Recovery as a Service (DRaaS) market.

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Owing to the high incidence rate of cybercrimes in the U.S., the demand for efficient recovery systems is increasing significantly and is creating a huge demand in the Disaster Recovery as a Service (DRaaS) market. According to the Federal Bureau of Investigation (FBI), in 2020 there were around 1001 cases of cybercrimes registered in the U.S. The increasing requirement of data recovery has led to some significant industrial developments in the Disaster Recovery as a Service (DRaaS) market. For instance, in March 2019, Druva Inc enhanced its Disaster Recovery as a Service (DRaaS) solution, aiming to offer better automation and orchestration. Likewise in June 2019, Infrascale Inc., and A.R. International Consulting LLC, introduced a cloud-based and hybrid Disaster Recovery as a Service (DRaaS).


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