Global Business Continuity as a Service (BCaas) Market Overview:
Business continuity as a carrier is the act of partnering with a 3rd party firm to design, create, implement, and keep the resiliency application of the business. This managed continuity framework grants data-driven options to tackle the awesome threats your enterprise faces. It then brings mitigation techniques and sensible responses to tackle them. Business Continuity is a set of movements taken by way of an employer to make sure that integral enterprise features will continue to be reachable to customers, suppliers and the commercial enterprise itself. BCaaS yields a widespread return on funding with the aid of constructing a sound software basis from the start, casting off the errors, missteps, and confusion regularly encountered in growing a BCM program.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Growth Drivers
- Increasing Incidence of Cyberattacks
- Rising Demand for Business Continuity Service from Various Industries
Roadblocks
- Risk of Malware Attacks
- Data Privacy with Business Continuity Planning Software
Opportunities
- Growth in Anything-As-A-Service Technologies
Challenges
- Lack of Experienced Subject Matter Experts
- Compliance with Customer, Regulatory or Audit Requirements
- Inability to Monitor the Program
Competitive Landscape:
The key players of Business Continuity as a service market play a huge role in the Business Continuity as a service market growth. These key players know the value of Business Continuity as a service, and they have understood it properly, and they are always trying to make it grow more. The Business Continuity as a service market is expected to grow more in upcoming years.
Some of the key players profiled in the report are Virtual Corporation (United States), Bryghtpath (United States), Databarracks (United Kingdom), Buchanan (Canada), Redcentric (United Kingdom), IBM (United States), Deloitte (United Kingdom), Atlassian (Australia), StratoGrid (Canada) and DXC (United States). Additionally, following companies can also be profiled that are part of our coverage like Covenco 365 (United Kingdom), Ex Libris (Israel), Hypertec (Canada) and AT&T Business (United States). Analyst at AMA Research see United Kingdom Players to retain maximum share of Global Business Continuity as a Service (BCaas) market by 2027.
Considering Market by , the sub-segment i.e. will boost the Business Continuity as a Service (BCaas) market.In 2022, DXC Technology a main Fortune five hundred international technological know-how offerings provider, introduced a new advisory provider designed to aid Australian State Government companies in maximizing fee from all of their Oracle investments, along with on premise software, complicated multi-cloud options and multi-vendor environments.
What Can be Explored with the Business Continuity as a Service (BCaas) Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Business Continuity as a Service (BCaas) Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Business Continuity as a Service (BCaas)
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Business Continuity as a Service (BCaas) market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Business Continuity as a Service (BCaas) market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Business Continuity as a Service Provider, Government Regulations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.