- Market to grow at 11.18 CAGR percent for 2012-2016
According to the latest research findings by the independent London-based global research firm TechNavio, Hewlett-Packard is a key player in the Global Disaster Recovery Services Market. The findings are for the forecast period 2012-2016.
As per research findings, Hewlett-Packard has an overall market share of more than 30 percent followed by IBM, SunGuard, Verizon and Phoenix in the Global Disaster Recovery Services Market. Several other players like Equinix, GMO Internet, Latisys, Recovery Point Systems will dominate about 15-17 percent of this market during the forecast period.
Speaking on this occasion, one of the senior analysts and co-author of this report said, “Several factors are aiding the growth of this market. The increasing number of natural calamities is not only resulting in large numbers of casualties, but also affecting businesses, due to loss of data, causing huge monetary losses. The need to fulfill customer expectations is creating the need for implementation of disaster recovery services by various companies. As such, rising awareness about this market will aid the growth of this market at 11.18 CAGR percent during the forecast period.”
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Disaster Recovery Services Market 2012-2016 please send an e-mail to media@TechNavio.com.
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global Disaster Recovery Services Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.
Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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