U.S. Federal Business Continuity/Disaster Recovery IT Market to Reach $5 Bln in 2015

April 2, 2011 - PRLog -- 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%.

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.

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.

http://www.marketresearchmedia.com/2011/03/30/business-co...

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Market Research Analyst is a panel of experts with extensive experience in custom and syndicated market research as well as strategic consulting across numerous technology-driven markets.