Posted in Disaster Recovery Software Market
Due to constant improvement in the data recovery and cloud as a preferred storage the market of Disaster Recovery Software is seeing the growth. The compatibility of Data Recovery Software with different cloud service provider will broaden the market for more advanced raw software’s with complete solution.
What are Disaster Recovery Software?
Disaster Recovery Software provides business continuity operation and recovery in terms of outage by natural or manmade. The main aim of the disaster recovery software is to recover and restore the data in virtual or physical environment to their pre-disaster state in minimal time and with hassle free. The loss of data can be recovered through Disaster Recovery Software as it re-installs the data and software in new machines and configure them with appropriate setting and preferences. It is widely compatible with storing the data in cloud environment.
What are the applications of Disaster Recovery Software?
The continuous increase in data generation is making the companies to look for data recovery software as the loss of data can affect the function of organization. To secure the data, organizations are opting for cloud based data recovery software from where the data can be recovered and restored. The application of Disaster Recovery Software are Public Sector, Health care, Business and others.
Market Research and Market Trends of Disaster Recovery Software:
- The unexpected event in the organization can cost the organization in terms of data loss and comprehensive information. The disaster recovery software enables the real time operational picture across the enterprise. The disaster recovery software is not similar to backup software as it re-install the data and software in different machine. Where as in backup software, it ensures that data is restored in a particular path so that it can be restored if data is lost. The disaster recovery software usually is incorporated in cloud storage as it make easier to extract the data from any server and can continuously stores the data automatically removing the barrier for manual storage.
- The Disaster recovery software provide the backup storage on premise or in cloud storage. The cloud storage provide services through Data Recovery as a Service (DRaaS) for replication and hosting of physical and virtual servers of third party such as Amazon web services, Google cloud, Microsoft Azure and IBM.
- One of the current trends in the Disaster Recovery Software are adoption of cloud services by enterprise customer, Merger and acquisitions of enterprises and data centric architecture will move from virtual centric to cloud. The enterprises are shifting their existing data backup to cloud provided by the cloud service vendors. As cloud service providers are providing many advantages than traditional backup storage with competitive predictable pricing thus reducing the cost of investment and procurement. The merger of disaster recovery software vendors with cloud service providers has affected the hardware backup industry as consumer are changing their base of storage. The availability of storage of data in cloud and disaster recovery software at single platform is making it trend among the enterprise customers as they can leverage the whole services at one platform. Thus reducing the chances of procurement of two different services with variable cost for each service.
Who are the Major Players in Disaster Recovery Software Market?
The companies referred in the market research report are Veritas, Zerto, Infosystems Organization and 10 other companies.
What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.
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Key Takeaways from this Report
- Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
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- Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
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