Disaster Recovery-as-a-Service Market to be Worth $31.6 Billion by 2030
Meticulous Research ® —a leading global market research company, published a research report titled, ‘ Disaster Recovery-as-a-Service Market by Operating Model (Managed DRaaS, Assisted DRaaS), Function, Organization Size, Sector (IT & Telecommunications, BFSI, Retail, Healthcare), and Geography - Global Forecast to 2030. ’ According to this latest publication from Meticulous Research ® , the Disaster Recovery-as-a-Service market is projected to reach $31.6 billion by 2030, at a CAGR of 20.5% from 2023-2030. The growth of the disaster recovery-as-a-service market is driven by the growing demand for data security and scalability, rising data breaches and ransomware attacks, and the growing adoption of disaster recovery-as-a-service in the BFSI sector. However, the complexity of deployment and setting terms restrains the growth of the disaster recovery-as-a-service market. Furthermore, the growing adoption of advanced technologies such as AI and machine learn...