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The disaster recovery-as-a-service (DRaaS) market size is forecast to increase by USD 171.39 billion, at a CAGR of 70.7% between 2023 and 2028. Disaster Recovery-as-a-Service (DRaaS) is a third-party solution that enables businesses to replicate and host their physical and virtual servers for quick failover during disasters, such as natural calamities or power outages. The market is witnessing significant growth due to several factors. Firstly, the increasing need for business continuity and disaster recovery solutions is driving market growth. Secondly, advancements in replication technologies and hosting capabilities are making DRaaS more manageable and protective. Thirdly, the adoption of artificial intelligence (AI) in disaster recovery is gaining traction, providing more efficient and automated recovery processes. Lastly, the availability of open-source disaster recovery tools is offering cost-effective solutions for businesses. These trends are expected to continue shaping the market in the coming years.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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