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Home > Cloud Computing > Technavio published the Global Disaster Recovery-as-a-Service (DRaaS) Market 2018-2022 report

Technavio published the Global Disaster Recovery-as-a-Service (DRaaS) Market 2018-2022 report

According to the Technavio's global disaster recovery-as-a-service (DRaaS) report, the market will grow by $9.35 billion during 2018-2022 at a CAGR of close to 36% during the forecast period.

Erdem Yasar by Erdem Yasar
November 28, 2019
in Cloud Computing
2 min read
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Technavio published the Global Disaster Recovery-as-a-Service (DRaaS) Market 2018-2022 report
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According to the Technavio’s global disaster recovery-as-a-service (DRaaS) report, the market will grow by $9.35 billion during 2018-2022 at a CAGR of close to 36% during the forecast period.

Disaster Recovery-as-a-Service (DRaaS) improves the visibility and security of networks with a web-based control panel. It also provides continuity of business in case of an outage. Integrated data archiving, sophisticated metering, and ecosystem auditing are also among the features of DRaaS.

Technavio published the Global Disaster Recovery-as-a-Service (DRaaS) Market 2018-2022 report

Adoption of a DRaaS also reduces the need for secondary data centers. Thus, all these features and benefits are expected to boost the growth of the DRaaS market in the near future.

Table of Contents

  • Amazon
  • IBM
  • iland
  • Microsoft
  • Sungard Availability Services

Amazon

Cloud giant Amazon’s headquarter is in the US and operates under various segments such as Amazon Web Services, International, and North America. Amazon’s AWS cloud helps in the fast disaster recovery of IT systems.

IBM

IBM is also headquartered in the US offers Cognitive Solutions, Global Business Services, Technology Services, and Cloud Platforms, Systems, and Global Financing. IBM also offers IBM Resiliency DRaaS and IBM cloud virtualized server recovery.

iland

Like others, iland is also headquartered in the US and offers business segments such as Hosted Cloud, Backup, and Disaster Recovery. The company’s iland Secure DRaaS solution replicates workloads from virtual and physical infrastructure to the company’s advanced security cloud infrastructure.

Microsoft

Tech giant Microsoft offers products in business segments such as Productivity and Business Processes, Intelligent Cloud, More Personal Computing, Corporate and many others. Microsoft also offers the Azure Site Recovery solution, which minimizes application downtime during IT interruptions.

Sungard Availability Services

Sungard Availability Services’ headquarter is also located in the US. The company’s products are in the Cloud and Hosting Services, Disaster Recovery, Business Continuity, Data, and Disaster Recovery Centers, and Managed Application Cloud segments.

Source: Official website of Technavio

See more Cloud Computing News


Tags: Amazon Web ServicesIBMMicrosoftTechnavio
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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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