United States DRaaS Market Report 2015-2019 - Market Leaning Towards Appliance-based DRaaS

Jul 06, 2015, 10:40 ET from Research and Markets

DUBLIN, June 29, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/php558/draas_market_in) has announced the addition of the "DRaaS Market in the US 2015-2019" report to their offering.

The analysts forecast the DRaaS Market in the US to grow at a CAGR of 53.35 percent over the period 2014-2019.

DRaaS refers to services that enable data backup, recovery, and retrieval to help in resuming business functions in the event of a disaster or service disruption. It is one of the fastest growing segments in the cloud-based recovery model. It helps enterprises record mission-critical data during the occurrence of natural calamities such as floods, tornados, and hurricanes, or a sudden and unforeseen system failure. As data are an integral part of business operations, securing them requires efficient and effective implementation of disaster recovery services. It also ensures the availability of IT infrastructure in the event of a disaster. DRaaS market in the US has gained a lot of traction after the occurrence of several natural disasters, including Hurricane Sandy that inflicted heavy losses on the Eastern Coast of the US.

Appliance-based DRaaS solutions are one of the key trends being witnessed in this market. Appliance-based DRaaS, which is increasingly being implemented, offers many advantages to large enterprises and SMEs compared to traditional DR solutions.

According to the report, DRaaS has an ability to economically protect all applications through cloud-based DR because of its reduced costs. Cloud-based DR solutions have emerged as an economical and optimal choice for enterprises.

Further, the report states that one of the major challenges in the market is the lack of awareness pertaining to the cost and coverage of DR plans. Many organizations have DR plans in place as per their requirement, but unawareness of the costs associated with disaster coverage plans is posing a problem. Additionally, some organizations fail to recover from a disaster because of the lack of wholly covered DR plans.

Key Vendors

  • CA Technologies
  • Evault
  • Geminare
  • Hewlett Packard (HP)
  • IBM
  • Iland
  • nScaled
  • SunGard Data Systems
  • Verizon Terremark

Other Prominent Vendors

  • Acxiom
  • Amazon Web Services
  • Axcient
  • CenturyLink
  • CommVault Systems
  • Datto Backup
  • Equinix
  • Latisys
  • Microsoft
  • Rackspace
  • Recovery Point Systems
  • Verizon Communications
  • VMware
  • Windstream Communications

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. Major Factors Causing Disasters
  8. Market Segmentation by End-users
  9. Buying Criteria
  10. Market Growth Drivers
  11. Drivers and their Impact
  12. Market Challenges
  13. Impact of Drivers and Challenges
  14. Market Trends
  15. Trends and their Impact
  16. Vendor Landscape
  17. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/php558/draas_market_in

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets