Disaster Recovery as a Service (DRaaS) Market Report: Latest Development, Trends and Forecast 2025

The global disaster recovery as a service market grew at a CAGR of around 30% during 2014-2019. Looking forward, the market is expected to continue its moderate growth during the next five years., according to a new report by IMARC Group. Disaster Recovery as a Service (DRaaS) is a third-party cloud computing and backup service model. It helps in recovering virtual servers and data centers in case of a natural or man-made disaster. The backup is generally made on public, private, or hybrid cloud storage. It is widely used across diverse industries as it protects confidential information and ensures smoother business operations by reducing downtime and disruptions.

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Market Trends

Rapid digitization coupled with the rising adoption of cloud-based services across various sectors has augmented the market growth. Moreover, the growing popularity of DRaaS for mitigating the need for secondary recovery tools further drives the service demand. The increasing penetration of DRaaS to accelerate the data recovery process with minimal complexities is also driving the market growth. The rising awareness towards widespread applications and recovery benefits of DRaaS has propagated its utilization across small- and medium-sized organizations. Various technological advancements, such as the advent of intelligent data replication, virtual machine inventory, and automated testing, are also catalyzing the market growth. Furthermore, the growing incidences of cyber-attacks and extensive R&D activities are expected to burgeon the demand for DRaaS.

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