Introduction and Evolution of DRaaS
While data backups to physical tape drives and cartridges have been widely
used since the 1980s, the rise of cloud computing in the 2000s saw DR shift
to the cloud. Since the 2010s , the concept of DRaaS has become widespread
as cloud technology matured and businesses recognized the potential of
these solutions for disaster recovery. DRaaS lets you use a third-party
provider and their hardware to back up your data and IT infrastructure as a
scalable, flexible and cost-effective alternative to traditional DR methods.
As the technology evolved, DRaaS providers began to offer more
sophisticated services, including continuous data protection, automated
failover and comprehensive recovery options.
DRaaS adoption has steadily increased in recent years, with the DRaaS
market expected to grow from $10.7 billion in 2023 to $26.5 billion by 2028
(MarketsandMarkets), at a compound annual growth rate (CAGR) of 19.8%.
Interestingly, not all large enterprises are sold on moving from traditional DR
methods to cloud-based solutions due to concerns regarding data security,
control and unauthorized access. To win their trust, DRaaS providers must
demonstrate their advanced security measures and ease of use.
On the other hand, small and medium-sized businesses (SMBs) have been
keen adopters of DRaaS. DRaaS allows them to access enterprise-grade
disaster recovery capabilities without the same upfront investment as on-
premises DR. DRaaS also lets SMBs scale resources to meet evolving needs
while maintaining efficient recovery processes.
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