The Disaster Recovery as a Service (DRaaS) market is predicted to grow at a CAGR of 54% over the period of 2014-2018. Disaster Recovery as a Service is in demand because it provides enterprises with huge flexibility in terms of accessing the data through any location.
A cloud-based DR also leads to lower TCO as there is zero capital expenditure and the costs are predictable. Cloud-based DR or Disaster Recovery as a Service (DRaaS) allows organizations to quickly speed up the recovery time cost-efficiently.