Disaster Recovery as a Service (DraaS) Market Share, Size and Forecast

The global Disaster Recovery as a Service (DraaS) Market size is 8.8 billion USD in 2022 and is projected to reach a CAGR of 22.9% from 2023-2030.

Disaster recovery as a service is a cloud computing service that is used to back up the data in an organization. The data will be stored by a third-party cloud computing service, and in this way, the organization doesn’t have to own all the data or handle all the management disaster recovery, instead of it they can rely on a service provider. This is a cost-effective process, and it gives faster data recovery with flexibility.