The Global Disaster Recovery-as-a-Service Market Will Post a CAGR of More Than 50 percent through 2019: TechNavio

Renewable energy

 

London, 12 January 2015 – TechNavio, a tech-focused research firm, has published a new report on the Global Disaster Recovery-as-a-Service (DRaaS) Market, which is expected to grow at a CAGR of 52.05 percent from 2014-2019.

The latest report from TechNavio focuses on an increasing number of end-users who are adopting hybrid cloud DRaaS.

“Large organizations and SMEs are expected to embrace hybrid cloud disaster recovery during the forecast period,” says Faisal Ghaus, Vice President of TechNavio.

Adoption of hybrid cloud disaster recovery services by businesses eliminates the need for a secondary disaster recovery site, enhances traditional disaster recovery solutions and delivers disaster recovery solutions for remote offices. Hybrid cloud DRaaS will also help reduce expenses, retain data on premises for fast local recovery and protect physical and virtual operating systems and applications.

The report also highlights the emergence of virtualization in disaster recovery services. The rapid increase in the number of off-site workers and sales people working from their laptops has led to an increased demand for disaster recovery services. Virtualization of storage devices is expected to enhance the growth of this market in the coming years.

TechNavio currently has more than 3000 market research reports on a huge range of topics, including:

https://www.technavio.com/%3Cp%3E%3Cstrong%3EAbout%20TechNavio%3C/strong%…