The Disaster Recovery as a Service (DRaaS) Market size was valued at USD 9.12 billion in 2022 and is expected to grow to USD 41.62 billion by 2030 and grow at a CAGR of 20.9% over the forecast period of 2023-2030.
Disaster-recovery-as-a-service DRaaS is a cloud-based architecture that enables organizations to back up or restore critical data stored in a third-party cloud environment.The modern world is increasingly reliant on a linked, multi-cloud environment, with the cloud emerging as a crucial data security platform. many organizations are employing some form of data protection strategy leveraging cloud infrastructure. In most cases, data protection as a service (DPaaS) solutions are used to ensure the security of a certain application, data type, or compliance need. The increased risk of data loss due to natural disasters or machine failure is increasing demand for disaster-recovery-as-a-service (DRaaS) solutions.
-Market.png)
Get more information on Disaster Recovery as a Service (DRaaS) Market - Request Sample Report
Drivers
SMEs have a greater requirement for business continuity.
The increasing risk of data loss due to natural disasters or machine failure is increasing demand for disaster-recovery-as-a-service (DRaaS) solutions.
SMEs want cost-effective, adaptable, scalable, and automated disaster recovery services, which customized DRaaS solutions may provide. Traditional disaster recovery solutions, in comparison to disaster recovery as a service, necessitate a significant amount of time, technical personnel, and capital. This strategy allows businesses to pay just for what they use. Once recovery solutions are installed, DRaaS is simple to set up and allows employees to access data from remote locations. It is gaining popularity among SMEs since it meets criteria at a lower cost.
Restrains
Enterprises' reluctance to use cloud-based disaster recovery over traditional ways
Opportunities
Increasing investment in R&D for DRaaS Solutions and increasing demand for DRaaS.
Cloud usage is increasing as a result of the COVID-19 epidemic.
Challenges
Difficulty in obtaining cloud security and compliance
Enterprises that must engage with various providers and service-level agreements struggle to maintain and demonstrate compliance in cloud settings. Data security is a growing concern for businesses that store data in the cloud, as any disruption to data would have a severe impact on their operations. As a result, many businesses are cautious to employ cloud-based recovery solutions unless providers can guarantee multilayer cybersecurity with comprehensive testing and auditing services. The challenge for DRaaS solution vendors is to maintain high-security requirements while reducing downtime and recovery costs.
COVID-19 had a favorable impact on the market for disaster recovery as a service. This is primarily due to work-from-home policies set by some companies in order to protect their employees' lives and prevent the spread of the COVID-19 virus.
Because of the work-from-home paradigm, many organizations around the world have opted for cloud-based solutions, which has increased the demand for data backup, data recovery, and data protection. This paved the door for the catastrophe recovery-as-a-service industry, which has gained substantial traction as a result. The implementation of lockdown measures in some countries is boosting the adoption of cloud-based disaster recovery-as-a-service solutions to prevent data breaches.
The ongoing conflict between Russia and Ukraine has had a significant impact on various industries, including the Disaster Recovery as a Service (DRaaS) market. DRaaS is a cloud-based service that enables businesses to recover their data and systems in the event of a disaster. The market for DRaaS has been growing steadily in recent years, but the Russia-Ukraine war has caused some disruptions. One of the main effects of the conflict has been the availability of data centers in the region. Many data centers in Ukraine have been damaged or destroyed, and this has led to a shortage of DRaaS providers in the area. As a result, businesses that rely on DRaaS for their disaster recovery plans have had to look for alternative providers outside of the region. Another impact of the war has been on the cost of DRaaS services. With the shortage of providers in the region, the cost of DRaaS has increased significantly. This has made it more difficult for small and medium-sized businesses to afford these services, which could put them at risk in the event of a disaster.
The Impact of Recession
The current economic downturn has had a significant impact on the Disaster Recovery as a Service (DRaaS) market. As businesses struggle to stay afloat, many are cutting back on their IT budgets, including investments in disaster recovery solutions. This has led to a decrease in demand for DRaaS services, which has in turn affected the growth of the market.
However, it is important to note that the impact of the recession on the DRaaS market has not been uniform across all industries. Some sectors, such as healthcare and finance, have continued to invest in disaster recovery solutions due to the critical nature of their operations. Additionally, the shift towards remote work has increased the need for reliable and secure data backup and recovery solutions, which has helped to mitigate the overall impact of the recession on the DRaaS market.
The Disaster Recovery as a Service (DRaaS) Market is segmented into four types on the basis of By Deployment mode, By Service Type, By organization size, and By Vertical.
By Deployment Mode
Public
Private
By Service Type
Real-time Replication
Backup & Restore
Data Protection
Professional Services
By Organization Size
Large Enterprises
Small & Medium-Sized Enterprises
By Vertical
Banking, Financial Services & Insurance
Telecommunications
IT &ITeS
Government & Public Sector
Retail & Consumer Goods
Manufacturing
Energy & Utilities
Media & Entertainment
Healthcare & Life Sciences
Other Verticals
-Market(1).png)
Need any customization research/data on Disaster Recovery as a Service (DRaaS) Market - Enquiry Now
Because of the presence of globally leading organizations and prominent companies in the area, North America is expected to hold a significant proportion of the DRaaS market. The high need for data security and data recovery solutions for protecting critical and secret information is a significant supportive factor driving market expansion in North America. Furthermore, the growing number of small businesses and start-ups is likely to accelerate the DRaaS market.
Asia-Pacific is expected to emerge as the most promising area for the DRaaS market. Rapidly growing IT infrastructure is a primary driver of significant industry growth in Asian countries. Furthermore, government data protection regulations in China, Japan, and India are expected to increase the use of DRaaS services. Furthermore, frequent natural disasters in some Asian countries, such as Japan and India, are likely to promote significant service uptake. As a result, In the coming years the Asia-Pacific region's disaster-recovery-as-a-service (DRaaS) market is predicted to expand rapidly.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major players are Honeywell International Inc., Otava LLC., Cohesity, Inc, Amazon Web Services, Inc, IBM Corporation, VMware, Inc, RackWare LLC, Commvault Systems, Inc, Infrascale Inc., Veeam, STRATACORE, Rubrik, Inc., Stellar Information Technology Pvt. Ltd., Commvault Systems, Inc, Wipro Limited, Rockwell Collins, Lockheed Martin Corporation, Motorola Solutions, and Siemens AG, FirstLight, and others in the final report.
Druva, Inc. has modified its disaster recovery as a service (DRaaS) offering to provide better orchestration and automation. This improved approach significantly cuts the total cost of ownership by nearly 60%, In March 2019.
Infrascale Inc. has teamed with A.R. International Consulting, LLC to offer hybrid, cloud-based disaster recovery as a service (DRaaS) solutions to A.R. International Consulting, LLC customers. In addition, Infrascale Inc. has promised to provide a 15-minute recovery guarantee during an unanticipated outage occurrence, In June 2019.
| Report Attributes | Details |
| Market Size in 2022 | US$ 9.12 Bn |
| Market Size by 2030 | US$ 41.62 Bn |
| CAGR | CAGR of 20.9 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Deployment Mode (Public, Private) • By Service Type (Real-time Replication, Backup & Restore, Data Protection, Professional Services) • By Organization Size (Large Enterprises, Small & Medium-Sized Enterprises) • By Vertical (Banking, Financial Services & Insurance, Telecommunications, IT &ITeS, Government & Public Sector, Retail & Consumer Goods, Manufacturing, Energy & Utilities, Media & Entertainment, Healthcare & Life Sciences, Other Verticals) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Honeywell International Inc., Otava LLC., Cohesity, Inc, Amazon Web Services, Inc, IBM Corporation, VMware, Inc, RackWare LLC, Commvault Systems, Inc, Infrascale Inc., Veeam, STRATACORE, Rubrik, Inc., Stellar Information Technology Pvt. Ltd., Commvault Systems, Inc, Wipro Limited, Rockwell Collins, Lockheed Martin Corporation, Motorola Solutions, and Siemens AG, FirstLight |
| Key Drivers | • SMEs have a greater requirement for business continuity. • The increasing risk of data loss due to natural disasters or machine failure is increasing demand for disaster-recovery-as-a-service (DRaaS) solutions. |
| Market Opportunities | • Increasing investment in R&D for DRaaS Solutions and increasing demand for DRaaS. • Cloud usage is increasing as a result of the COVID-19 epidemic. |
The CAGR of the Disaster Recovery as a Service (DRaaS) Market for the forecast period 2022-2030 is 20.9 %.
The Disaster Recovery as a Service (DRaaS) Market is expected to grow to USD 41.62 billion by 2030.
The major worldwide key players in the Disaster Recovery as a Service (DRaaS) MarketareHoneywell International Inc., Otava LLC., Cohesity, Inc, Amazon Web Services, Inc, IBM Corporation, VMware, Inc, RackWare LLC, Commvault Systems, Inc, Infrascale Inc., Veeam, STRATACORE, Rubrik, Inc., Stellar Information Technology Pvt. Ltd., Commvault Systems, Inc, Wipro Limited, Rockwell Collins, Lockheed Martin Corporation, Motorola Solutions, and Siemens AG, FirstLight, and others in final report.
The forecast period for the Disaster Recovery as a Service (DRaaS) Market is 2022-2030.
Table of Contents
1.Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Russia-UkraineWar
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Disaster Recovery as a Service (DRaaS) Market Segmentation, By Deployment Mode
8.1 Public
8.2 Private
9. Disaster Recovery as a Service (DRaaS) Market Segmentation, By Service Type
9.1 Real-time Replication
9.2 Backup & Restore
9.3 Data Protection
9.4 Professional Services
10. Disaster Recovery as a Service (DRaaS) Market Segmentation, By Organization Size
10.1 Large Enterprises
10.2 Small & Medium-Sized Enterprises
11. Disaster Recovery as a Service (DRaaS) Market Segmentation, By Vertical
11.1 Banking, Financial Services & Insurance
11.2 Telecommunications
11.3 IT &ITeS
11.4 Government & Public Sector
11.5 Retail & Consumer Goods
11.6 Manufacturing
11.7 Energy & Utilities
11.8 Media & Entertainment
11.9 Healthcare & Life Sciences
11.10 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Disaster Recovery as a Service (DRaaS) Market by Country
12.2.2 North America Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.2.3 North America Disaster Recovery as a Service (DRaaS) Market By Service Type
12.2.4 North America Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.2.5 North America Disaster Recovery as a Service (DRaaS) Market By Vertical
12.2.6 USA
12.2.6.1 USA Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.2.6.2 USA Disaster Recovery as a Service (DRaaS) Market By Service Type
12.2.6.3 USA Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.2.6.4 USA Disaster Recovery as a Service (DRaaS) Market By Vertical
12.2.7 Canada
12.2.7.1 Canada Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.2.7.2 Canada Disaster Recovery as a Service (DRaaS) Market By Service Type
12.2.7.3 Canada Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.2.7.4 Canada Disaster Recovery as a Service (DRaaS) Market By Vertical
12.2.8 Mexico
12.2.8.1 Mexico Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.2.8.2 Mexico Disaster Recovery as a Service (DRaaS) Market By Service Type
12.2.8.3 Mexico Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.2.8.4 Mexico Disaster Recovery as a Service (DRaaS) Market By Vertical
12.3 Europe
12.3.1 Europe Disaster Recovery as a Service (DRaaS) Market by Country
12.3.2 Europe Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.3.3 Europe Disaster Recovery as a Service (DRaaS) Market By Service Type
12.3.4 Europe Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.3.5 Europe Disaster Recovery as a Service (DRaaS) Market By Vertical
12.3.6 Germany
12.3.6.1 Germany Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.3.6.2 Germany Disaster Recovery as a Service (DRaaS) Market By Service Type
12.3.6.3 Germany Disaster Recovery as a Service (DRaaS) Market ByOrganization Size
12.3.6.4 Germany Disaster Recovery as a Service (DRaaS) Market By Vertical
12.3.7 UK
12.3.7.1 UK Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.3.7.2 UK Disaster Recovery as a Service (DRaaS) Market By Service Type
12.3.7.3 UK Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.3.7.4 UK Disaster Recovery as a Service (DRaaS) Market By Vertical
12.3.8 France
12.3.8.1 France Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.3.8.2 France Disaster Recovery as a Service (DRaaS) Market By Service Type
12.3.8.3 France Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.3.8.4 France Disaster Recovery as a Service (DRaaS) Market By Vertical
12.3.9 Italy
12.3.9.1 Italy Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.3.9.2 Italy Disaster Recovery as a Service (DRaaS) Market By Service Type
12.3.9.3 Italy Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.3.9.4 Italy Disaster Recovery as a Service (DRaaS) Market By Vertical
12.3.10 Spain
12.3.10.1 Spain Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.3.10.2 Spain Disaster Recovery as a Service (DRaaS) Market By Service Type
12.3.10.3 Spain Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.3.10.4 Spain Disaster Recovery as a Service (DRaaS) Market By Vertical
12.3.11 The Netherlands
12.3.11.1 Netherlands Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.3.11.2 Netherlands Disaster Recovery as a Service (DRaaS) Market By Service Type
12.3.11.3 Netherlands Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.3.11.4 Netherlands Disaster Recovery as a Service (DRaaS) Market By Vertical
12.3.12 Rest of Europe
12.3.12.1 Rest of Europe Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.3.12.2 Rest of Europe Disaster Recovery as a Service (DRaaS) Market By Service Type
12.3.12.3 Rest of Europe Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.3.12.4 Rest of Europe Disaster Recovery as a Service (DRaaS) Market By Vertical
12.4 Asia-Pacific
12.4.1 Asia Pacific Disaster Recovery as a Service (DRaaS) Market by Country
12.4.2 Asia Pacific Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.4.3 Asia Pacific Disaster Recovery as a Service (DRaaS) Market By Service Type
12.4.4Asia Pacific Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.4.5Asia Pacific Disaster Recovery as a Service (DRaaS) Market By Vertical
12.4.6 Japan
12.4.6.1 Japan Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.4.6.2 Japan Disaster Recovery as a Service (DRaaS) Market By Service Type
12.4.6.3 Japan Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.4.6.4 Japan Disaster Recovery as a Service (DRaaS) Market By Vertical
12.4.7 South Korea
12.4.7.1 South Korea Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.4.7.2 South Korea Disaster Recovery as a Service (DRaaS) Market By Service Type
12.4.7.3 South Korea Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.4.7.4 South Korea Disaster Recovery as a Service (DRaaS) Market By Vertical
12.4.8 China
12.4.8.1 China Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.4.8.2 China Disaster Recovery as a Service (DRaaS) Market By Service Type
12.4.8.3 China Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.4.8.4 China Disaster Recovery as a Service (DRaaS) Market By Vertical
12.4.9 India
12.4.9.1 India Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.4.9.2 India Disaster Recovery as a Service (DRaaS) Market By Service Type
12.4.9.3 India Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.4.9.4 India Disaster Recovery as a Service (DRaaS) Market By Vertical
12.4.11 Australia
12.4.10.1 Australia Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.4.10.2 Australia Disaster Recovery as a Service (DRaaS) Market By Service Type
12.4.10.3 Australia Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.4.10.4 Australia Disaster Recovery as a Service (DRaaS) Market By Vertical
12.4.11 Rest of Asia-Pacific
12.4.11.1 APAC Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.4.11.2 APAC Disaster Recovery as a Service (DRaaS) Market By Service Type
12.4.11.3 APAC Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.4.11.4 APAC Disaster Recovery as a Service (DRaaS) Market By Vertical
12.5 The Middle East & Africa
12.5.1 The Middle East & Africa Disaster Recovery as a Service (DRaaS) Market by Country
12.5.2 The Middle East & Africa Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.5.3 The Middle East & Africa Disaster Recovery as a Service (DRaaS) Market By Service Type
12.5.4The Middle East & Africa Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.5.5 The Middle East & Africa Disaster Recovery as a Service (DRaaS) Market By Vertical
12.5.6 Israel
12.5.6.1 Israel Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.5.6.2 Israel Disaster Recovery as a Service (DRaaS) Market By Service Type
12.5.6.3 Israel Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.5.6.4 Israel Disaster Recovery as a Service (DRaaS) Market By Vertical
12.5.7 UAE
12.5.7.1 UAE Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.5.7.2 UAE Disaster Recovery as a Service (DRaaS) Market By Service Type
12.5.7.3 UAE Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.5.7.4 UAE Disaster Recovery as a Service (DRaaS) Market By Vertical
12.5.8South Africa
12.5.8.1 South Africa Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.5.8.2 South Africa Disaster Recovery as a Service (DRaaS) Market By Service Type
12.5.8.3 South Africa Disaster Recovery as a Service (DRaaS) Market ByOrganization Size
12.5.8.4 South Africa Disaster Recovery as a Service (DRaaS) Market By Vertical
12.5.9 Rest of Middle East & Africa
12.5.9.1 Rest of Middle East & Asia Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.5.9.2 Rest of Middle East & Asia Disaster Recovery as a Service (DRaaS) Market By Service Type
12.5.9.3 Rest of Middle East & Asia Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.5.9.4 Rest of Middle East & Asia Disaster Recovery as a Service (DRaaS) Market By Vertical
12.6 Latin America
12.6.1 Latin America Disaster Recovery as a Service (DRaaS) Market by Country
12.6.2 Latin America Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.6.3 Latin America Disaster Recovery as a Service (DRaaS) Market By Service Type
12.6.4 Latin America Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.6.5 Latin America Disaster Recovery as a Service (DRaaS) Market By Vertical
12.6.6 Brazil
12.6.6.1 Brazil Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.6.6.2 Brazil Africa Disaster Recovery as a Service (DRaaS) Market By Service Type
12.6.6.3 Brazil Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.6.6.4 Brazil Disaster Recovery as a Service (DRaaS) Market By Vertical
12.6.7 Argentina
12.6.7.1 Argentina Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.6.7.2 Argentina Disaster Recovery as a Service (DRaaS) Market By Service Type
12.6.7.3 Argentina Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.6.7.4 Argentina Disaster Recovery as a Service (DRaaS) Market By Vertical
12.6.8 Rest of Latin America
12.6.8.1 Rest of Latin America Disaster Recovery as a Service (DRaaS) Market By Deployment Mode
12.6.8.2 Rest of Latin America Disaster Recovery as a Service (DRaaS) Market By Service Type
12.6.8.3 Rest of Latin America Disaster Recovery as a Service (DRaaS) Market By Organization Size
12.6.8.4Rest of Latin America Disaster Recovery as a Service (DRaaS) Market By Vertical
13.Company Profile
13.1 Honeywell International Inc.
13.1.1 Market Overview
13.1.2 Financials
13.1.3 Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Otava LLC.
13.2.1 Market Overview
13.2.2 Financials
13.2.3 Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Cohesity, Inc.
13.3.1 Market Overview
13.3.2 Financials
13.3.3 Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Amazon Web Services, Inc.
13.4.1 Market Overview
13.4.2 Financials
13.4.3 Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 IBM Corporation.
13.5.1 Market Overview
13.5.2 Financials
13.5.3 Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 VMware, Inc.
13.6.1 Market Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 RackWare LLC
13.7.1 Market Overview
13.7.2 Financials
13.7.3 Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Commvault Systems, Inc.
13.8.1 Market Overview
13.8.2 Financials
13.8.3 Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Stellar Information Technology Pvt. Ltd.
13.9.1 Market Overview
13.9.2 Financials
13.9.3 Product/Services/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Wipro Limited.
13.10.1 Market Overview
13.10.2 Financials
13.10.3 Product/Services/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. USE Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The 5G Fixed Wireless Access (FWA) Market size was valued at USD 24.66 Bn in 2022 and is expected to reach USD 337.75 Bn by 2030, and grow at a CAGR of 38.7% over the forecast period 2023-2030.
The Virtual Data Room Market size was valued at US$ 1.92 billion in 2022 and is estimated to reach US$ 5.51 billion in 2030 with an emerging CAGR of 14.1% Over the Forecast Period of 2023-2030.
The Smart Enterprise Market size was USD 0.29 billion in 2022 and is expected to Reach USD 0.79 billion by 2030 and grow at a CAGR of 13.4% over the forecast period of 2023-2030.
Digital Signature Market Report Scope & Overview: Digital Signature Market size
The Enterprise Application Integration Market size was valued at USD 12.62 Bn in 2022 and is expected to reach USD 42.20 Bn by 2030, and grow at a CAGR of 16.28 % over the forecast period 2023-2030.
The Green Technology and Sustainability Market Size was valued at USD 16.48 Billion in 2023 and is expected to reach USD 69.92 Billion by 2031 and grow at a CAGR of 19.8% over the forecast period 2024-2031.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
