U.S. Federal Business Continuity/Disaster Recovery IT Market to Reach $5 Bln in 2015
Market Research Media forecasts that the US Federal IT market for business continuity and disaster recovery solutions will reach $5 billion in 2015, growing in 2012-2015 at a CAGR of around 14%.
SAN FRANCISCO, CA, April 02, 2011
Market Research Media Ltd announces new report on business continuity/disaster recovery market.From the ever eminent threats of terror attacks, electricity blackouts and hurricanes to recent waves of cyber attacks, the U.S government networks are facing a wide variety of threats to operational stability. As technology solutions became more vital to sustain operational stability of the government's critical infrastructure, the Federal business continuity/disaster recovery spending grows to meet old and new challenges. A sense of uncertainty about cyber security among U.S. Federal IT policymakers will contribute to growth in the business continuity/disaster recovery segment.
Market Research Media forecasts that the US Federal IT market for business continuity and disaster recovery solutions will reach $5 billion in 2015, growing in 2012-2015 at a CAGR of around 14%.
Recent research report U.S. Federal IT Business Continuity and Disaster Recovery Market Forecast 2012-2015 highlights the following trends:
- Wide adoption of cloud and virtualization technologies with integrated BC/DR functions;
- Putting in place the dynamic organizational model for continuous risk assesment and contingency planning;
- Adoption of cost-effective backup and data protection technologies without compromising risk parameters;
- Shortening recovery time;
- Improving BC/DR interoperability of the government IT systems and the national critical IT infrastructure.
- No matter how advance cloud technology is, the on-premise backup solutions are here to stay.
The report provides:
- Four-year detailed U.S. Federal IT Business Continuity and Disaster Recovery forecast for the period 2012-2015;
- Agency-by-agency detailed BC/DR forecasts for both defense and civilian sectors;
- BC/DR market segmentation by software hardware and services;
- BC/DR services market segmentation by cloud services (SaaS, HaaS), support and maintenance, personnel training and BC/DR planning.
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