Disaster Recovery as a Service Market — New Business Opportunities & Investment Research Report 2024

The global disaster recovery as a service market has a highly fragmented and an intensely competitive vendor landscape, featuring a number of heavy-weight legacy disaster recovery companies and a vast number of pure-play DRaaS start-up ventures, observes Transparency Market Research in a recent report.

Robust growth opportunities in the global DRaaS market have compelled several traditional disaster recovery companies such as HP Company, SunGard Data Systems, and IBM Corp., to venture into the sector of cloud-based disaster recovery services in the past few years.

The global DRaaS market is chiefly driven due to the vast cost and flexibility related benefits of cloud-based disaster recovery solutions over traditional disaster recovery solutions. Moreover, other benefits such as faster data recovery, simplicity in testing, and automation work in favor of DRaaS solutions as compared to traditional disaster recovery plans.

The vast rise in worldwide enterprise spending on the development of internal IT infrastructures across a number of industry verticals is also key to the vast growth opportunities of the global DRaaS market.
Furthermore, growth of micro-, small-, and medium-sized enterprises (MSMEs) has increased the popularity of DRaaS as these solutions offer a viable cost-effective solution to achieve effective disaster recovery processes in a number of application sectors.

PDF Brochure For Future Advancements @  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3622 

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