Disaster Recovery Solution Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Increasing applications of cloud computing and growing awareness about the benefits offered by disaster recovery (DR) solutions are propelling the market. DR solutions offer benefits such as reduced costs, greater flexibility, reliability, faster recovery, and scalability of customers. With increasing awareness about the advantages of DR solutions and the growing adoption of cloud-based solutions, small and medium enterprises are expected to increasingly implement DR plans in their business continuity strategies.

MARKET DYNAMICS

Rising investments in disruptive cloud technologies and an increase in instances of natural and manmade disasters are expected to drive the market over the forecast period. Cyberattacks such as WannaCry and Locky ransomware that occurred in the past few years have negatively influenced businesses across various sectors and most businesses were unable to recover from losses incurred during the disruption of business operations. Thus, demand for DR has increased significantly, especially among small and medium enterprises (SMEs).

MARKET SCOPE

The "Global Disaster Recovery Solution Market Analysis to 2031" is a specialized and in-depth study of the disaster recovery solution market with a special focus on the global market trend analysis. The report aims to provide an overview of disaster recovery solution market with detailed market segmentation by type, deployment, enterprise size. The global disaster recovery solution market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading disaster recovery solution market player and offers key trends and opportunities in the disaster recovery solution market.

MARKET SEGMENTATION

The global disaster recovery solution market is segmented on the basis of type, deployment, enterprise size. On the basis of type, market is segmented as backup and recovery, data security, replication, professional service. On the basis of deployment, market is segmented as hybrid cloud, public cloud, private cloud. On the basis of enterprise size, market is segmented as large enterprise, small and medium enterprise. On the basis of end user, market is segmented as BFSI, government and public sector, healthcare, IT and telecommunication, manufacturing, retail, others

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global disaster recovery solution market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The disaster recovery solution market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting disaster recovery solution market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the disaster recovery solution market in these regions.

MARKET PLAYERS

The reports cover key developments in the disaster recovery solution market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from disaster recovery solution market are anticipated to lucrative growth opportunities in the future with the rising demand for disaster recovery solution market. Below mentioned is the list of few companies engaged in the disaster recovery solution market.

The report also includes the profiles of key disaster recovery solution market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   IBM Corporation
  
•   Unitrends
  
•   Sungard Availability Services
  
•   iland Internet Solutions
  
•   Microsoft Corporation
  
•   Commvault
  
•   Quest Software Inc
  
•   Cohesity, Inc
  
•   DP Solutions
  
•   Arcserve
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Disaster Recovery Solution Report Scope