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3. Systems (US) and Recovery Point Systems (US) are leading players in Disaster Recovery as a Service (DRaaS) Market

The DRaaS market size is expected to grow from USD 10.7 billion in 2023 to USD 26.5 billion by 2028 at a compound annual growth rate (CAGR) of 19.8% during the forecast period. The DRaaS market has experienced remarkable growth in recent years, driven by a confluence of factors that underscore the paramount importance of data protection and business continuity for organizations across the globe. Moreover, DRaaS is a cloud-based solution that empowers businesses to recover their data and IT infrastructure swiftly and efficiently during a disaster or unexpected downtime, thereby minimizing disruptions and data loss.

The advancements in cutting-edge technologies, such as artificial intelligence (AI) and machine learning (ML), are poised to revolutionize DRaaS capabilities. These technologies can automate and optimize disaster recovery processes, making them more intelligent, efficient, and responsive to evolving threats and recovery requirements. Further, DRaaS providers have a substantial opportunity to expand their global footprint by offering services in regions where the need for robust disaster recovery solutions is growing. Organizations are investing in DRaaS to fortify their data protection measures and ensure seamless business continuity despite malicious cyber threats. DRaaS solutions offer robust data encryption and redundancy, bolstering overall security posture.

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Major vendors in this market are based in North America and Europe are AWS (US), Microsoft (US), IBM (US), VMware (US), Systems (US), Recovery Point Systems (US), InterVision Systems (US), TierPoint  (US), Infrascale (US), Zerto (US), Acronis (US), Axcient (US), C&W Business (US), Carbonite (US), Daisy (UK), Databarracks (UK), DARZ (Germany), Datto (US), DXC Technology (US), Evolve IP (US), Expedient (US), Flexential (US), Quorum (US), and Unitrends (US) are among a few leading players operating in the DRaaS market. These vendors can concentrate on forming new connections and partnerships. Key players have adopted various strategies such as new product launches, contracts, partnerships, and mergers & acquisitions to strengthen market dominance.

Recovery Point Systems

Recovery Point Systems is one of the top providers of IT secure and compliant infrastructure and business resilience services. The company’s services support a wide range of technology environments, ranging from the mainframe to the desktop. Recovery Point offers services and solutions in four major segments: cloud, hosting and colocation, and security. The company also provides a set of comprehensive solutions and services, such as compliant private, multitenant, hyperscale, hybrid cloud offerings, certified hosting infrastructure, and national network services. Moreover, it provides legacy and cloud-based business resilience services, such as IaaS, DRaaS, BaaS, and Business Process Resilience (BPR). It majorly operates in North America, with a prominent presence in the US. It focuses on continuous innovation, flexibility, and service excellence. With its diverse skill set, facilities, and technologies, Recovery Point addresses hybrid IT and business resilience requirements with a single, economical solution.

The company is a prominent player in the DRaaS market and offers unique services to enterprises across industry verticals. It provides managed application recovery and resilience program management via a single platform. Its DRaaS delivers easy recovery through orchestration, automation, and the rapid provisioning of end-to-end software-defined resilience solutions. Its disaster recovery solutions comprise DRaaS and traditional disaster recovery. Recovery Point’s DRaaS enables clients to meet their RTO/RPO requirements while offering fully managed options to reduce resource requirements and on-demand, non-intrusive recovery exercising. For instance, Recovery Point AIX High Availability (HA) Replication DRaaS uses Continuous Data Replication (CDP), cloud storage, and on-demand IBM Power Systems recovery infrastructure to minimize RTO and RPO for any size AIX workload. The company’s DRaaS solution also offers key features, such as solution visibility, workflow automation, and compliance support. It provides orchestrated cross-platform failover and failback to protect applications and business processes.

Systems

Systems is a managed infrastructure solutions provider; the company addresses the challenges of next-generation managed cloud, connectivity, and security requirements. Systems is a global enterprise providing cloud infrastructure and hosting solutions with data centers in North America, Europe, and Asia Pacific. The company operates its business through various offerings, including services, technical capabilities, security and compliance, and reporting and pricing. It is highly focused on delivering customer-centric solutions and services that are easy to adopt and secure, with combined customer support for better assistance. The company’s products and services include production hosting, backup, disaster recovery, managed security, and supporting services such as managed and migration services.

Systems is one of the niche players in the DRaaS market. It offers a strong portfolio of disaster recovery services. Its services portfolio comprises Systems Secure DRaaS, which includes integrations with Zerto and Veeam. These services fulfill RPO and RTO by offering unique security and compliance. The company’s Secure DRaaS enables customers to replicate IT workloads from virtual or physical environments to its advanced security cloud infrastructure. Systems DRaaS supports legacy systems, security and compliance, collaborative planning, and advanced documentation and reporting. It also offers iland Autopilot Managed Recovery to deliver a fully-managed DRaaS solution to meet specific business recovery objectives.

Related Reports:

Disaster Recovery as a Service (DRaaS) Market by Service Type (Backup & Restore, Real-Time Replication, Data Protection), Deployment Mode (Public Cloud, Private Cloud), Organization Size, Vertical and Region - Global Forecast to 2028

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]