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Report
Disaster Recovery as a Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-10-15 I 145 Pages I IMARC Group
Market Overview:
The global disaster recovery as a service market size reached US$ 6.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 29.1 Billion by 2028, exhibiting a growth rate (CAGR) of 27.61% during 2023-2028.
DRaaS refers to a third-party cloud computing and backup service model that replicates and recovers virtual servers and data centers in case of a natural or man-made emergency. The backup is usually made on a public, cloud, virtual private cloud (VPC) or hybrid environment to secure sensitive information of the organization. It offers complete support and control over the network during failures and ensures business continuity by minimizing downtime and disruptions. Owing to these benefits, it finds extensive applications across the banking, financial services and insurance (BFSI), healthcare, manufacturing, information technology (IT) and telecommunication industries.
The emerging trend of digitization, along with the increasing adoption of cloud-based services across industries, is one of the key factors driving the growth of the market. There is widespread utilization of DRaaS solutions that eliminates the need for a secondary recovery site and offers faster data recovery with minimal complexities. Furthermore, increasing awareness regarding cloud-based backup, along with recovery benefits among both small- and medium-sized organizations, is also providing a boost to the market growth. These organizations frequently use DRaaS to test and execute an effective disaster recovery plan. Additionally, several technological advancements, such as the introduction of intelligent data replication, virtual machine inventory and automated testing, are also favoring the market growth. These advancements enable users to be aware of application changes and run automated tests in protected virtual environments. Other factors, including the rising instances of cyber-attacks and extensive research and development (R&D) activities, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global disaster recovery as a service market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on service type, service provider, deployment model, end-user and vertical.
Breakup by Service Type:
Backup and Recovery Services
Real-time Replication Services
Data Protection Services
Professional Services
Training, Education, and Consulting Services
Support and Maintenance Services
Breakup by Service Provider:
Cloud Service Providers
Managed Service Providers
Telecom and Communication Service Providers
Others
Breakup by Deployment Model:
Public Cloud
Private Cloud
Hybrid Cloud
Breakup by End-User:
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
Breakup by Vertical:
BFSI
IT
Government
Healthcare
Manufacturing
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Amazon Web Services, Bluelock LLC, C and W Business Ltd, Geminare Incorporated, IBM Corporation, iLand Internet Solutions Corporation, Infrascale Inc., Microsoft Corporation, Recovery Point Systems Inc., Sungard Availability Services LP, TierPoint LLC, etc.
Key Questions Answered in This Report
1. What was the size of the global disaster recovery as a service market in 2022?
2. What is the expected growth rate of the global disaster recovery as a service market during 2023-2028?
3. What are the key factors driving the global disaster recovery as a service market?
4. What has been the impact of COVID-19 on the global disaster recovery as a service market?
5. What is the breakup of the global disaster recovery as a service market based on the service type?
6. What is the breakup of the global disaster recovery as a service market based on the service provider?
7. What is the breakup of the global disaster recovery as a service market based on deployment model?
8. What is the breakup of the global disaster recovery as a service market based on the end user?
9. What is the breakup of the global disaster recovery as a service market based on the vertical?
10. What are the key regions in the global disaster recovery as a service market?
11. Who are the key players/companies in the global disaster recovery as a service market?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Disaster Recovery as a Service Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Service Type
6.1Backup and Recovery Services
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Real-time Replication Services
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Data Protection Services
6.3.1 Market Trends
6.3.2 Market Forecast
6.4Professional Services
6.4.1 Market Trends
6.4.2 Major Types
6.4.2.1 Training, Education, and Consulting Services
6.4.2.2 Support and Maintenance Services
6.4.3 Market Forecast
7 Market Breakup by Service Provider
7.1Cloud Service Providers
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Managed Service Providers
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Telecom and Communication Service Providers
7.3.1 Market Trends
7.3.2 Market Forecast
7.4Others
7.4.1 Market Trends
7.4.2 Market Forecast
8Market Breakup by Deployment Model
8.1Public Cloud
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Private Cloud
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Hybrid Cloud
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by End-User
9.1Large Enterprises
9.1.1 Market Trends
9.1.2 Market Forecast
9.2Small and Medium-sized Enterprises (SMEs)
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Vertical
10.1BFSI
10.1.1 Market Trends
10.1.2 Market Forecast
10.2IT
10.2.1 Market Trends
10.2.2 Market Forecast
10.3Government
10.3.1 Market Trends
10.3.2 Market Forecast
10.4Healthcare
10.4.1 Market Trends
10.4.2 Market Forecast
10.5Manufacturing
10.5.1 Market Trends
10.5.2 Market Forecast
10.6Others
10.6.1 Market Trends
10.6.2 Market Forecast
11 Market Breakup by Region
11.1North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2Asia Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1Overview
12.2Strengths
12.3Weaknesses
12.4Opportunities
12.5Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1Overview
14.2Bargaining Power of Buyers
14.3Bargaining Power of Suppliers
14.4Degree of Competition
14.5Threat of New Entrants
14.6Threat of Substitutes
15 Competitive Landscape
15.1Market Structure
15.2Key Players
15.3Profiles of Key Players
15.3.1Amazon Web Services
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2Bluelock LLC
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3C and W Business Ltd.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4Geminare Incorporated
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5IBM Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6iLand Internet Solutions Corporation
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7Infrascale Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8Microsoft Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9Recovery Point Systems Inc.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10Sungard Availability Services LP
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11TierPoint LLC
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
Figure 1: Global: Disaster Recovery as a Service Market: Major Drivers and Challenges
Figure 2: Global: Disaster Recovery as a Service Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Disaster Recovery as a Service Market: Breakup by Service Type (in %), 2022
Figure 4: Global: Disaster Recovery as a Service Market: Breakup by Service Provider (in %), 2022
Figure 5: Global: Disaster Recovery as a Service Market: Breakup by Deployment Model (in %), 2022
Figure 6: Global: Disaster Recovery as a Service Market: Breakup by End-User (in %), 2022
Figure 7: Global: Disaster Recovery as a Service Market: Breakup by Vertical (in %), 2022
Figure 8: Global: Disaster Recovery as a Service Market: Breakup by Region (in %), 2022
Figure 9: Global: Disaster Recovery as a Service Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 10: Global: Disaster Recovery as a Service (Backup and Recovery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Disaster Recovery as a Service (Backup and Recovery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Disaster Recovery as a Service (Real-time Replication) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Disaster Recovery as a Service (Real-time Replication) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Disaster Recovery as a Service (Data Protection) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Disaster Recovery as a Service (Data Protection) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Disaster Recovery as a Service (Professional Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Disaster Recovery as a Service (Professional Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Disaster Recovery as a Service (Cloud Service Providers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Disaster Recovery as a Service (Cloud Service Providers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Disaster Recovery as a Service (Managed Service Providers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Disaster Recovery as a Service (Managed Service Providers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Disaster Recovery as a Service (Telecom and Communication Service Providers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Disaster Recovery as a Service (Telecom and Communication Service Providers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Disaster Recovery as a Service (Other Service Providers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Disaster Recovery as a Service (Other Service Providers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Disaster Recovery as a Service (Public Cloud) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Disaster Recovery as a Service (Public Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Disaster Recovery as a Service (Private Cloud) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Disaster Recovery as a Service (Private Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Disaster Recovery as a Service (Hybrid Cloud) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Disaster Recovery as a Service (Hybrid Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Disaster Recovery as a Service (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Disaster Recovery as a Service (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Disaster Recovery as a Service (Small and Medium-sized Enterprises - SMEs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Disaster Recovery as a Service (Small and Medium-sized Enterprises - SMEs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Disaster Recovery as a Service (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Disaster Recovery as a Service (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Disaster Recovery as a Service (IT) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Disaster Recovery as a Service (IT) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Disaster Recovery as a Service (Government) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Disaster Recovery as a Service (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Disaster Recovery as a Service (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Disaster Recovery as a Service (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: Disaster Recovery as a Service (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Disaster Recovery as a Service (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Global: Disaster Recovery as a Service (Other Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Global: Disaster Recovery as a Service (Other Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: North America: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: North America: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: United States: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: United States: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Canada: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Canada: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Asia Pacific: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Asia Pacific: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: China: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: China: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Japan: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Japan: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: India: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: India: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: South Korea: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: South Korea: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Australia: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Australia: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Indonesia: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Indonesia: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Europe: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Europe: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Germany: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Germany: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: France: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: France: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: United Kingdom: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: United Kingdom: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Italy: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Italy: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Spain: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Spain: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Russia: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Russia: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Latin America: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Latin America: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Brazil: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Brazil: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Mexico: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Mexico: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Others: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 93: Others: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Middle East and Africa: Disaster Recovery as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 95: Middle East and Africa: Disaster Recovery as a Service Market: Breakup by Country (in %), 2022
Figure 96: Middle East and Africa: Disaster Recovery as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 97: Global: Disaster Recovery as a Service Industry: SWOT Analysis
Figure 98: Global: Disaster Recovery as a Service Industry: Value Chain Analysis
Figure 99: Global: Disaster Recovery as a Service Industry: Porters Five Forces Analysis
Table 1: Global: Disaster Recovery as a Service Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Disaster Recovery as a Service Market Forecast: Breakup by Service Type (in Million US$), 2023-2028
Table 3: Global: Disaster Recovery as a Service Market Forecast: Breakup by Service Provider (in Million US$), 2023-2028
Table 4: Global: Disaster Recovery as a Service Market Forecast: Breakup by Deployment Model (in Million US$), 2023-2028
Table 5: Global: Disaster Recovery as a Service Market Forecast: Breakup by End-User (in Million US$), 2023-2028
Table 6: Global: Disaster Recovery as a Service Market Forecast: Breakup by Vertical (in Million US$), 2023-2028
Table 7: Global: Disaster Recovery as a Service Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Disaster Recovery as a Service Market: Competitive Structure
Table 9: Global: Disaster Recovery as a Service Market: Key Players
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