Global Disaster Recovery Solutions Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global disaster recovery solutions market in its upcoming report titled, “Global Disaster Recovery Solutions Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global disaster recovery solutions market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global disaster recovery solutions market report has been segmented on the basis of service type, organization size, vertical, and region.

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Disaster recovery solutions helps enterprises to enable services such as data backup, data recovery in disaster situations, and data retrieval. It helps enterprises to store crucial data files during a sudden and unexpected system failures or natural calamities incidents such as tornados, floods, and hurricanes. Data is an integral part of any organization, to secure this data requires effective and efficient implementation of disaster recovery solutions.

The disaster recovery solutions are backed up by services, which helps enterprises for retrieval of data after any system failure incidents or disasters. Disaster recovery solution finds applications across various verticals such as healthcare, E-commerce, defense, and energy & power. Rising trend towards secure data storage and backup, complete automation, and effective data management driving growth of the global disaster recovery solutions market.

Increasing demand for disaster recovery solutions among various enterprises owing to rising virus and malware attacks, data safety concerns and increasing need to reduce operational cost expected to drive growth of the target market during next ten years.

High initial capital expenditure is expected to hinder growth of the global disaster recovery solutions market. Disaster recovery solutions requires large infrastructural space, thus making it profoundly uneconomical. The disaster recovery systems are slow and complex, also their complex configuration poses a significant threat to the growth of the global disaster recovery solutions market.

Disaster recovery solutions market is growing rapidly especially in developing countries such as China and India. Countries in the North America region such as the US and Canada are expected to witness huge market growth over next ten years, having witnessed numerous disasters incidents such as tornadoes and hurricanes. Occurrences of before-mentioned natural disasters have forced these countries to place more emphasis on reliable storage and backup solutions of critical operational data.

Global Disaster Recovery Solutions Market Segmentation:

Segmentation by service type:

• Data Protection
• Backup and Recovery
• Real-time Replication

Segmentation by organization size:

• Small and Medium Enterprises (SMEs)
• Large enterprises

Segmentation by vertical:

• Banking, Financial Services, and Insurance (BFSI)
• Government
• Healthcare
• IT and telecom
• Others

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa