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Home | Search Global IT News: IT News & Press Release Distribution: Disaster Recovery as a Service Market worth 12.54 Billion USD by 2022 (IT-NEWSWIRE.COM, September 15, 2017 ) Backup and recovery service is expected to play a key role in the Disaster Recovery as a Service market The backup and recovery service type is expected to have the largest market share in the service type segment of the DRaaS market during the forecast period. The backup and recovery service plays a key role in the DRaaS market, as it provides cost-effective, automated, reliable, secure, and scalable solutions to enterprises ensuring business continuity in the event of disaster. Downlaod PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=962 Managed Service Providers (MSPs) segment is expected to grow at the highest rate during the forecast period Among DRaaS providers, the MSPs segment is expected to grow at the highest rate in the DRaaS market during the forecast period. MSPs offer DRaaS services to help organizations offload the burden of data protection and data security, and ensure business continuity in the event of a disaster. They offer remote management and monitoring of IT infrastructure of the end-user under a subscription model. Therefore, enterprises are opting for MSPs to overcome the challenges of budget constraints and lack of technical expertise, as MSPs have specialized human resources, infrastructure, and industry certifications. Request Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=962 Asia Pacific (APAC) is projected to grow at the highest CAGR North America is estimated to hold the largest market share in 2017, while APAC is projected to be the fastest growing region with the highest CAGR, due to the rapid data generation in many countries. The emergence of cloud technology and mandatory government regulations are expected to boost the growth of the cloud backup market in APAC. Major vendors providing DR services are Amazon Web Services (Washington, US), Cable & Wireless Communications Limited (London, UK), IBM Corporation (Armonk, New York, US), SunGard Availability Services (Pennsylvania, US), Microsoft Corporation (Washington, US), iland Internet Solutions (Texas, US), Infrascale, Inc. (California, US), Bluelock, LLC (Indiana, US), Recovery Point Systems (Maryland, US), Acronis International GmbH (Massachusetts, US), TierPoint, LLC (Missouri, US), and Geminare Incorporated (California, US). About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.  MarketsandMarkets Mr. Rohan 1-888-600-6441 sales@marketsandmarkets.com Source: EmailWire.Com Source: EmailWire.com

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