Disaster Recovery as a Service Market: An Array of Graphics and Analysis of Major Industry Segments

The global DRaaS (Disaster Recovery as a Service) market has a highly fragmented and an intensely competitive vendor landscape, featuring a number of heavy-weight legacy disaster recovery companies and a vast number of pure-play DRaaS start-up ventures, observes Transparency Market Research in a recent report. Robust growth opportunities in the global DRaaS market have compelled several traditional disaster recovery companies such as HP Company, SunGard Data Systems, and IBM Corp., to venture into the sector of cloud-based disaster recovery services in the past few years.

The market has thus become increasingly intense and companies are focusing on expansion across high-growth potential regional markets such as Asia Pacific to tap their vast pool of growth opportunities. With a number of small ventures grabbing significant chunk of opportunities in such regions, the number of strategic collaborations, mergers, and acquisitions is expected to rise in the near future.

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Transparency Market Research projects that in terms of revenue, the global DRaaS market, which valued at US$1.29 bn in 2015, will exhibit an exponential CAGR of 35.7% from 2016 to 2024, rising to an opportunity of US$21.55 bn by 2024.In terms of application, the global DRaaS market witnessed the most promising uptake in the government sector in 2015.

The government sector accounted for the dominant 18.3% of the global market’s revenue in the said year and, chiefly owing to the rising demand for implementing disaster recovery backup plans to avoid loss of information and transactions. The segment will continue to remain one of the key application areas of the global DRaaS market over the forecast period as well.

From a geographical standpoint, the DRaaS market in North America is the dominant regional market in terms of revenue, accounting for more than 34.0% in 2015. The region is also expected to retain its position as the leading revenue contributor over the forecast period. The market in Asia Pacific, however, is expected to supersede North America in terms of growth rate.

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The global DRaaS market is chiefly driven due to the vast cost and flexibility related benefits of cloud-based disaster recovery solutions over traditional disaster recovery solutions. Moreover, other benefits such as faster data recovery, simplicity in testing, and automation work in favor of DRaaS solutions as compared to traditional disaster recovery plans.

The vast rise in worldwide enterprise spending on the development of internal IT infrastructures across a number of industry verticals is also key to the vast growth opportunities of the global DRaaS market. Furthermore, growth of micro-, small-, and medium-sized enterprises (MSMEs) has increased the popularity of DRaaS as these solutions offer a viable cost-effective solution to achieve effective disaster recovery processes in a number of application sectors.

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Concerns associated with the compliance and security of critical business data, which disaster recovery systems unremarkably handle during the process of replicating of data onto public/private cloud are some of the key challenges that limit the consumer-base of DRaaS solutions across the globe. Complexities related to the deployment of DRaaS solutions also hinder the rate of adoption of DRaaS solutions across a number of application areas and small-scale enterprises.

This review of the global disaster recovery as a service (DRaaS) market is based on a recent Transparency Market Research report, titled “Disaster Recovery as a Service (DRaaS) Market (End User - BFSI, Retail and Ecommerce, Government, IT and Telecom, Media and Entertainment, Manufacturing and Logistics, and Education; Service Providers - Cloud, Managed, and Telecom and Communication; Cloud Type - Public, Private, and Hybrid; Company Size - Large, Mid-sized, and Small; Deployment Model - To Cloud DRaaS, In Cloud DRaaS, and From Cloud DRaaS; Service Type - Real-time Protection, Backup, Data Security (Professional Services)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”

Internet of Things Testing Market: Latest Trends and Forecast Analysis up to 2025

The Internet of things (IoT) represents a giant network of interconnected devices or things that are embedded in the existing internet infrastructure. These things can include a variety of objects such as electronics devices, vehicles, equipment, sensors, and consumer appliances. The concept may signify the sharing of data and information with people and animals connected to the infrastructure in near-real time. The proliferation of connected devices and the soaring popularity of IoT among enterprises in developed and developing nations have led to the pressing need for Internet of Things testing mechanisms. Developing an effective IoT testing mechanism foregrounds evaluating key aspects such as compatibility and usability of the interconnected devices, security of the network, the connectivity, and overall performance of the system. Furthermore, enterprises implementing IoT should take into account the integration of new devices and technologies with the existing network. A number

Low Power Display Market: Projection of Each Major Segment over the Forecast Period 2017 - 2025

Low power display technology is treated separately from our modern world. High resolution displays with low power are considered by many consumers to represent the low power display technology. The development in optoelectronics and nanotechnology has changed the low power display market . The low power display market consumes of less power than plasma technologies and cathode ray tube (CRT). Low-power features have become essential for liquid crystal displays (LCDs) due to environmental concerns. The technology that saves energy by decreasing the power consumption of the backlight unit in a display panel is considered in in low power display technology. A low refresh-rate technology was introduced in order to further minimize power consumption in the display panel. The low refresh-rate was achieved by employing oxide thin-film transistors (Ox-TFTs) with extremely low leakage currents. However, flicker may be visible due to the current leakage through the liquid crystal (LC

Noise Suppression Components Market: Granular View of The Market from Various End-Use Segments

Noise suppression refers to the methods of reducing and eliminating the effects of unwanted and undesirable sound effects and electrical disturbances which occurs when the level of signal carrier is greater than the noise level. Noise causes intrusion in many electrical devices. However, there are rules to suppress noise, because noise which does not affect a particular electrical device may affect some other electrical device. Further, an electronic device is known as ‘emission’ if it is itself the source of unwanted noise and it is referred to as immunity if the concerned electronic device is the victim of unwanted noise. Electromagnetic interference (EMI) and electromagnetic compatibility (EMC) has made the issue of noise suppression important. Some of the examples of noise suppression components are electromagnetic interference suppression filter which is an electronic component which provides electromagnetic noise suppression techniques for electronic goods. The function of the e

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