DRaaS Market to Gain Significant Revenue in the Period of 2028
                     Disaster recovery as a service is a cloud computing service model helping organizations to 
back up their data and IT infrastructure. DRaaS offers networking functions, computing and 
storage. As DRaaS provides fast, easy and cost-effective scalability, its demand among IT 
sector and BFSI increases. Also, cloud-based segment of DRaaS provides more secured and 
encrypted data.   
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DRaaS is segmented into  various service types such as backup & recovery, real-time 
replication, data protection, professional, and others. Again, DRaaS is categorized based on 
different deployment models such as public cloud, and private cloud. Along with that, DRaaS 
is used in various end-use industries such as BFSI, IT, government, healthcare, etc. 
Furthermore, increasing investment in BFSI industry may boost the market for DRaaS. Along 
with that, increasing demand for the cloud-based DRaaS solutions to secure important data 
and provide  improved data and scalability is anticipated to grow  huge market for  DRaaS 
throughout the world. 
  
For DRaaS, various players from several regions are investing significantly in deploying the 
advanced technology. North America region shows the higher and earlier adoption of DRaaS 
across the world. Specifically, players from advanced technology development sector are 
investing huge amount to increase their customer base in global DRaaS market. 
Along with that many players are focusing on mergers and acquisitions strategy to strengthen 
their position in the global market. In addition, rising adoption of new technology in every 
region creates the market for DRaaS. Major key players in the DRaaS market include 
Microsoft Corporation, IBM Corporation, AWS, VMware, iLand Internet Solution 
Corporation, Recovery Point Systems Inc., Bluelock LLC, Sungard Availability Services, 
Axcient, Quorum, and others. 
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