According the report, Rising Adoption of Cloud-Based Application across the Information Technology Sector across the world is one of the primary growth factors for the market. The benefit regarding Cost-Effective of Disaster Recovery as a Service
is also expected to contribute significantly to the Disaster Recovery as a Service market. Overall, applications of Disaster Recovery as a Service, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Disaster Recovery as a Service market identified that the demand is rising in many different parts of the world as "Increasing Adoption of Hybrid DR across the world and Emerging Market in China and India". One of the challenges that industry facing is "Issue related to Difficulty in Achieving Security and Compliance"
The Vertical, such as Banking, Financial Services, and Insurance (BFSI), is boosting the Disaster Recovery as a Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Organization Size, such as Small and Medium Enterprises (SMES), is boosting the Disaster Recovery as a Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Service Provider, such as Cloud Service Providers (CSPS), is boosting the Disaster Recovery as a Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Deployment Model, such as Public Cloud, is boosting the Disaster Recovery as a Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Service Type, such as Backup and Recovery, is boosting the Disaster Recovery as a Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Disaster Recovery as a Service market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Disaster Recovery as a Service market and other related sub-markets covered in the study.
o Key & emerging players in the Disaster Recovery as a Service market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Disaster Recovery as a Service market size is calculated using market estimation process, the Disaster Recovery as a Service market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Disaster Recovery as a Service market size has been validated using both top-down and bottom-up approaches.