MARKET OUTLOOK
According to Triton Market Research, the Disaster Recovery as a Service (DRaaS) market in the Middle East and Africa is anticipated to rise with a CAGR of 38.76% in the estimated years 2019-2027.
Saudi Arabia, Turkey, the UAE, South Africa and countries in rest of the Middle East & Africa together constitute the market for DRaaS in the MEA region.
Cloud Service Providers (CSPs) can offer numerous benefits such as in the efficiency and economies of scale to business owners with competitive predictable pricing. Furthermore, as the distraction in the hardware industry continues to look for stability, CSPs are progressively being seen as a steadier, foreseeable investment with a clear ROI.
Cloud-based disaster recovery services are more flexible and manageable than traditional disaster recovery services. In a traditional disaster recovery environment, the server at the disaster recovery site needs to have the same configuration and drivers as those of the servers deployed at the production site. This is difficult to maintain and is possible only if both are bought at the same time. Even if they are bought together, the configuration may not remain the same as any change in the production site has to be replicated at the disaster recovery site. Failure to maintain this leads to greater chances of outages. In the case of DRaaS, the differences between the primary and secondary sites are less likely, and this gives customers the flexibility to break free from the shackles of synchronization.
COMPETITIVE OUTLOOK
SAP SE, Rackspace Hosting, Inc., Geminare, Incorporated, Microsoft Corporation, VMware, Inc., Amazon.com, Inc., Sungard Availability Services (AS), Hewlett-Packard Company, Columbus Business Solution/Cable & Wireless Communications Plc, Cisco Systems, Inc., Jive, iland Internet Solutions Corporation, Zerto, Ltd., IBM Corporation are NTT Communications Corporation are the leading companies in the market.