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The global disaster recovery as a service market size reached USD 10.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 89.8 Billion by 2033, exhibiting a growth rate (CAGR) of 25.24% during 2025-2033. The increasing amount of data generated by businesses, rising cost of disruptions, and the growing adoption of cloud-based solutions in SMEs to manage business data efficiently are some of the major factors propelling the market.
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Disaster Recovery as a Service Market size was valued at USD 11673.57 Million in 2024 and is projected to reach USD 50597.19 Million by 2031, growing at a CAGR of 20.12% from 2024 to 2031.
Key Market Drivers: Increasing Adoption of Cloud Services: The increasing adoption of cloud services across sectors is a crucial driver for the Disaster Recovery as a Service (DRaaS) Market. Organizations are rapidly moving their IT infrastructure, apps, and data to the cloud to benefit from its scalability, flexibility, and cost-effectiveness. As enterprises increasingly rely on cloud-based environments, the requirement for dependable disaster recovery solutions to secure important data and ensure business continuity grows. DRaaS solutions enable enterprises to replicate and restore data and applications in the cloud, providing an efficient and scalable method for disaster recovery. Rising Cybersecurity Threats: The increasing frequency and sophistication of cyber threats, like as ransomware attacks, data breaches, and distributed denial-of-service (DDoS) attacks, is boosting the need for effective disaster recovery solutions. Organizations are increasingly recognizing the necessity of taking proactive steps to safeguard their data and systems from cyber threats and ensuring quick recovery in the event of an attack. DRaaS solutions include data encryption, continuous data replication, and automated failover, allowing enterprises to reduce the impact of cyber assaults and downtime. Focus on Business Continuity and Resilience: Organizations are increasingly prioritizing business continuity and resilience in order to assure ongoing operations and consumer trust. Downtime can have serious financial and reputational consequences for businesses, making efficient disaster recovery solutions critical. DRaaS solutions enable enterprises to minimize downtime, limit data loss, and recover fast from disturbances, improving business continuity and resilience. As businesses attempt to secure their operations and remain competitive, the demand for DRaaS solutions is projected to increase. Increasing Frequency of Natural Disasters: Natural catastrophes are becoming more frequent and severe, prompting organizations to improve their disaster recovery capabilities. Natural catastrophes can disrupt corporate operations, damage infrastructure, and cause data loss or downtime, underscoring the importance of robust disaster recovery solutions. DRaaS solutions enable enterprises to replicate data and applications to geographically scattered sites, increasing data resilience and allowing for speedy recovery in the case of a natural disaster.
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The Disaster Recovery As A Service Market is Segmented by Service Type (Fully Managed, Assisted, and More), Deployment Model (Public Cloud, Private Cloud, and More), Service Component (Backup and Recovery, Real-Time Replication, and More), Organization Size (Large Enterprises, Small and Medium Enterprises), End-User Vertical (BFSI, IT and Telecom, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).
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Disaster Recovery-As-A-Service Market Size 2024-2028
The disaster recovery-as-a-service (DRaaS) market size is forecast to increase by USD 171.39 billion at a CAGR of 70.7% between 2023 and 2028.
Disaster Recovery-as-a-Service (DRaaS) is a third-party solution that enables businesses to replicate and host their physical and virtual servers for quick failover during disasters, such as natural calamities or power outages. The market is witnessing significant growth due to several factors. Firstly, the increasing need for business continuity and disaster recovery solutions is driving market growth. Secondly, advancements in replication technologies and hosting capabilities are making DRaaS more manageable and protective. Thirdly, the adoption of artificial intelligence (AI) and Machine Learning (ML) in disaster recovery is gaining traction, providing more efficient and automated recovery processes. Lastly, the availability of open-source disaster recovery tools is offering cost-effective solutions for businesses.
What will be the Size of the Market During the Forecast Period?
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Disaster Recovery as a Service (DRaaS) refers to a third-party solution that enables businesses to replicate their on-premise IT infrastructure to a remote company's physical or virtual servers. This solution is designed to help organizations mitigate the impact of various disruptions, including natural disasters, power outages, and other unexpected events. DRaaS utilizes replication technology to maintain a duplicate of a company's computing resources in a secure, globally distributed architecture. In the event of a disaster, this duplicate infrastructure can be activated, allowing businesses to continue their operations with minimal downtime.
In addition, physical servers and virtual machines can both be replicated and failover to the DRaaS provider's remote data center. This flexibility enables businesses to choose the best solution for their specific needs, whether they prefer the control and customization of physical servers or the ease and scalability of virtual servers. DRaaS is an essential component of business continuity planning, as it helps organizations prepare for the worst-case scenario. By partnering with a DRaaS provider, businesses can ensure they have a reliable and efficient disaster recovery solution in place, without the need for extensive on-premise infrastructure or the high costs associated with traditional disaster recovery methods.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Deployment
Public cloud
Private cloud
Hybrid cloud
Geography
North America
US
Europe
Germany
UK
APAC
China
India
South America
Middle East and Africa
By Deployment Insights
The public cloud segment is estimated to witness significant growth during the forecast period.
In today's business landscape, organizations seek reliable IT solutions for their mission-critical operations. One such service gaining popularity is Disaster Recovery-as-a-Service (DRaaS), offered by third-party providers like Amazon Web Services (AWS). DRaaS allows businesses to replicate their physical and virtual servers to a hosting environment, ensuring business continuity during natural disasters or power outages. Public cloud-based DRaaS offers several benefits. Firstly, it is a cost-effective solution as organizations pay only for the resources they consume, eliminating the need for capital expenditures. Secondly, it provides customizable disaster recovery solutions that adapt to evolving business requirements. With DRaaS, businesses can easily scale resources on demand, ensuring business continuity without compromising on efficiency.
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The public cloud segment was valued at USD 2.58 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 33% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Disaster Recovery-as-a-Service (DRaaS) is a significant segment in the North American market, given the region's high adoption of cloud computing and substantial data generation. Enterprises in North America are at the forefront of utilizing cloud services, making it a global leader in data production and consumption. The vast volume of data generated in this region necessitates DRaaS
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The Disaster Recovery As A Service Market size is expected to reach a valuation of USD 73335.6 million in 2033 growing at a CAGR of 23.20%. The research report classifies market by share, trend, demand and based on segmentation by Type, Application and Regional Outlook.
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The disaster recovery-as-a-service market is estimated to be valued at US$ 23.4 billion in 2024. The snail mucin skincare market is predicted to rise at a CAGR of 24.8% from 2024 to 2034. The global disaster recovery-as-a-service market is anticipated to reach US$ 214.3 billion by 2034.
| Attributes | Key Insights |
|---|---|
| Estimated Market Size in 2024 | US$ 23.4 billion |
| Projected Market Value in 2034 | US$ 214.3 billion |
| Value-based CAGR from 2024 to 2034 | 24.8% |
2019 to 2023 Historical Analysis vs. 2024 to 2034 Market Forecast Projections
| Historical CAGR (2019 to 2023) | 22.6% |
|---|---|
| Forecasted CAGR (2024 to 2034) | 24.8% |
Country-wise Analysis
| Countries | Forecast CAGRs from 2024 to 2034 |
|---|---|
| The United States | 21.60% |
| Germany | 20.20% |
| Japan | 19.50% |
| China | 25.30% |
| Australia | 28.30% |
Category-wise Insights
| Category | Market Share |
|---|---|
| Data Protection Service | 28.2% |
| Telecommunication Service Provider | 36.2% |
Report Scope
| Attributes | Details |
|---|---|
| Estimated Market Size in 2024 | US$ 23.4 billion |
| Projected Market Valuation in 2034 | US$ 214.3 billion |
| Value-based CAGR 2024 to 2034 | 24.80% |
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2019 to 2023 |
| Market Analysis | Value in US$ million |
| Key Regions Covered |
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| Key Market Segments Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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According to our latest research, the global Disaster Recovery as a Service (DRaaS) market size reached USD 11.2 billion in 2024, reflecting the sectorÂ’s rapid expansion due to increasing cyber threats and the growing need for robust business continuity strategies. The market is projected to grow at a CAGR of 22.8% during the forecast period, reaching a staggering USD 85.5 billion by 2033. This remarkable growth trajectory is primarily driven by the rising frequency of data breaches, natural disasters, and the critical demand for uninterrupted business operations across all industry verticals. As per our comprehensive analysis, organizations worldwide are prioritizing DRaaS adoption to fortify their IT infrastructure and ensure swift recovery from unplanned disruptions.
Several key growth factors are propelling the Disaster Recovery as a Service (DRaaS) market to new heights. First, the intensification of cyberattacks, including ransomware and sophisticated malware, has compelled enterprises to seek advanced data protection and recovery solutions. With digital transformation accelerating across sectors, businesses are increasingly vulnerable to data loss and operational downtime, making DRaaS an indispensable component of their IT strategy. Additionally, regulatory requirements concerning data integrity and business continuity, especially in highly regulated industries like BFSI and healthcare, are further stimulating demand. Organizations are now investing heavily in DRaaS to comply with stringent guidelines and to mitigate the risk of financial and reputational damage resulting from data unavailability.
Another significant driver is the widespread adoption of cloud computing, which has fundamentally transformed disaster recovery models. Traditional disaster recovery methods, often characterized by high costs and complex infrastructure, are being rapidly replaced by agile, scalable, and cost-effective DRaaS solutions. The flexibility offered by cloud-based disaster recovery allows businesses to tailor their recovery plans based on evolving needs, while also enabling seamless scalability and reduced capital expenditure. Furthermore, the integration of automation and artificial intelligence in DRaaS platforms is enhancing recovery speed and accuracy, providing organizations with near-instantaneous failover capabilities and minimizing manual intervention during crises.
Moreover, the proliferation of remote work and distributed IT environments is amplifying the necessity for robust, cloud-native disaster recovery solutions. As organizations expand their digital footprint and embrace hybrid workplace models, ensuring consistent data protection across geographically dispersed locations has become paramount. DRaaS not only offers centralized management and monitoring but also supports multi-cloud and hybrid cloud environments, thereby aligning with the evolving IT architectures of modern enterprises. This shift is particularly pronounced among small and medium enterprises (SMEs), which are leveraging DRaaS to access enterprise-grade disaster recovery capabilities without the need for substantial upfront investments in physical infrastructure.
In the realm of Disaster Recovery Solutions, businesses are increasingly seeking comprehensive strategies that encompass both prevention and rapid response to unforeseen events. These solutions are designed to ensure that organizations can quickly restore their operations and data integrity following a disruptive incident, thereby minimizing downtime and financial losses. As the digital landscape evolves, the complexity and frequency of threats such as cyberattacks and natural disasters have heightened the need for robust disaster recovery frameworks. By integrating advanced technologies and best practices, Disaster Recovery Solutions provide a critical safety net, enabling businesses to maintain continuity and safeguard their reputation in the face of adversity.
From a regional perspective, North America continues to dominate the DRaaS market, accounting for the largest revenue share in 2024, followed closely by Europe and Asia Pacific. The regionÂ’s leadership can be attributed to its advanced technological landscape, early adoption of cloud-based services, and the presence of major DRa
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Disaster Recovery As a Service Market is projected to reach USD 107.50 billion by 2033, growing at a CAGR of 25.56% from 2025-2033.
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Disaster Recovery As A Service Market is estimated to grow at 28.3% CAGR to surpass USD 134.8 Billion by 2034
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DRaaS Market was valued USD 5,126 Million in 2020 and projected to grow at a remarkable 23.7% CAGR during the forecast period till 2028
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Disaster Recovery-as-a-Service Market by Operating Model (Managed DRaaS, Assisted DRaaS), Function, Organization Size, Sector (IT & Telecommunications, BFSI, Retail, Healthcare), and Geography - Global Forecast to 2032
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Global Disaster Recovery as a Service Market was valued at USD 17.10 Billion in 2024 and is anticipated to project steady growth in the forecast period with a CAGR of 19.90% to reach USD 50.81 Billion in 2030.
| Pages | 181 |
| Market Size | 2024 USD 17.10 Billion |
| Forecast Market Size | USD 50.81 Billion |
| CAGR | 19.90% |
| Fastest Growing Segment | Private Cloud |
| Largest Market | North America |
| Key Players | ['11:11 Systems, Inc.', 'Microsoft Corporation', 'Recovery Point Systems Inc.', 'TierPoint, LLC', 'IBM Corporation', 'Broadcom Inc.', 'Rubrik, Inc.', 'RackWare, LLC'] |
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The global Disaster Recovery-as-a-Service (DRaaS) market size is set to experience a robust growth journey, expected to escalate from USD 4.9 billion in 2023 to an impressive USD 20.4 billion by 2032, reflecting a Compound Annual Growth Rate (CAGR) of 17.1%. This significant growth is primarily driven by the increasing adoption of cloud-based services and the rising need for data protection and recovery solutions among various enterprises. The market's expansion is also fueled by stringent regulatory requirements and growing concerns over the potential financial losses and reputation damage due to data breaches and system downtimes.
One of the primary growth factors for the DRaaS market is the burgeoning reliance on cloud computing and virtualization. As businesses increasingly migrate their critical operations to cloud platforms, the need for robust disaster recovery solutions becomes imperative. DRaaS offers a cost-effective, scalable, and efficient means to ensure business continuity in the face of unforeseen disasters, making it an attractive choice for enterprises worldwide. Additionally, the flexibility provided by DRaaS in terms of deployment options – whether on public, private, or hybrid clouds – further propels its adoption across different industry verticals.
Another significant growth accelerator is the rising number of cyber threats and the growing complexity of ransomware attacks. In an era where cyberattacks are becoming more sophisticated and frequent, organizations are prioritizing data protection and recovery strategies. DRaaS solutions offer enhanced security features and rapid recovery capabilities that can mitigate the adverse impacts of cyber incidents, thereby safeguarding sensitive data and maintaining operational continuity. This heightened focus on cybersecurity is expected to drive the demand for DRaaS solutions across various sectors, particularly in industries handling sensitive information such as BFSI and healthcare.
Additionally, the increasing regulatory mandates and compliance requirements across different regions play a crucial role in the growth of the DRaaS market. Governments and regulatory bodies are imposing stricter norms on data protection and disaster recovery planning, compelling enterprises to adopt comprehensive DRaaS solutions. Compliance with such regulations not only ensures legal and financial stability but also enhances the overall resilience of businesses. Consequently, organizations are investing in advanced DRaaS services to align with regulatory standards and safeguard their operations against potential disruptions.
Disaster Recovery Solutions have become a cornerstone in the strategic planning of modern enterprises. As businesses face an increasing array of potential disruptions, from natural disasters to cyber threats, the need for a comprehensive disaster recovery strategy is more critical than ever. These solutions encompass a range of services designed to ensure data integrity and operational continuity, even in the face of significant challenges. By implementing robust disaster recovery solutions, organizations can safeguard their critical data, minimize downtime, and maintain customer trust. This proactive approach not only protects against immediate threats but also enhances long-term business resilience, positioning companies to thrive in an unpredictable environment.
Regionally, North America holds a dominant position in the DRaaS market due to the early adoption of advanced technologies and the presence of key market players. The regionÂ’s robust IT infrastructure and high awareness regarding data security contribute significantly to its market leadership. Meanwhile, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period, driven by the rapid digital transformation of businesses and the increasing adoption of cloud services. The burgeoning SME sector in countries like India and China is also expected to significantly contribute to the marketÂ’s expansion in this region.
The DRaaS market is segmented based on service types into Backup and Recovery, Real-Time Replication, Data Protection, and Professional Services. The Backup and Recovery segment holds a substantial market share owing to its crucial role in ensuring data availability and integrity post any disaster. With the increasing volume of data generated by organizations, the need for
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According to our latest research, the Cloud Disaster Recovery-as-a-Service (DRaaS) market size was valued at USD 12.4 billion in 2024 globally. The market is witnessing robust expansion, driven by the imperative need for business continuity and data protection in an increasingly digital world. The sector is expected to grow at a CAGR of 22.6% from 2025 to 2033, reaching a forecasted market size of USD 87.5 billion by 2033. This remarkable growth trajectory is underpinned by rising cyber threats, the proliferation of cloud computing, and the increasing adoption of hybrid IT environments across industries. As per our comprehensive analysis, organizations are prioritizing disaster recovery solutions to safeguard against data loss, operational downtime, and regulatory non-compliance, fueling the sustained growth of the DRaaS market.
One of the primary growth factors for the Cloud Disaster Recovery-as-a-Service (DRaaS) market is the escalating incidence of ransomware attacks and other cyber threats targeting enterprises of all sizes. In today’s digital-first economy, data has become a critical asset, and the consequences of data loss or prolonged downtime can be catastrophic, both financially and reputationally. Organizations are increasingly recognizing the limitations of traditional disaster recovery methods, which are often costly, complex, and resource-intensive. As a result, there is a marked shift towards cloud-based DRaaS solutions that offer automated, scalable, and cost-efficient recovery processes. The flexibility to restore operations rapidly from remote locations, coupled with the ability to comply with stringent data protection regulations, is further accelerating the adoption of DRaaS across sectors such as BFSI, healthcare, and government.
Another significant driver of the Cloud DRaaS market is the rapid adoption of cloud computing and the migration of critical workloads to cloud environments. Enterprises are embracing digital transformation initiatives to enhance agility, reduce IT overheads, and gain a competitive edge. In this context, DRaaS emerges as a pivotal enabler, allowing organizations to leverage the scalability, reliability, and global reach of cloud infrastructure for disaster recovery purposes. The proliferation of hybrid and multi-cloud strategies is also creating new opportunities for DRaaS providers to offer tailored solutions that seamlessly integrate with diverse IT landscapes. Moreover, advancements in automation, artificial intelligence, and orchestration technologies are making DRaaS platforms more intelligent, efficient, and user-friendly, further propelling market growth.
The growing emphasis on regulatory compliance and data sovereignty is also shaping the evolution of the Cloud Disaster Recovery-as-a-Service market. Industries such as finance, healthcare, and government are subject to rigorous data protection and privacy mandates, necessitating robust disaster recovery frameworks. DRaaS providers are responding by offering region-specific data storage, encryption, and audit capabilities to help clients meet compliance requirements. Additionally, the increasing frequency of natural disasters and geopolitical uncertainties is prompting organizations to revisit their business continuity strategies, with DRaaS emerging as a vital component of risk mitigation. The convergence of these factors is expected to sustain the momentum of the DRaaS market well into the next decade.
From a regional perspective, North America currently dominates the Cloud DRaaS market, accounting for the largest share in 2024, owing to the high concentration of technology-driven enterprises, early adoption of cloud technologies, and a well-established ecosystem of DRaaS providers. Europe follows closely, driven by stringent data protection regulations such as GDPR and a growing awareness of cyber resilience. The Asia Pacific region is anticipated to witness the fastest growth over the forecast period, fueled by rapid digitalization, expanding cloud infrastructure, and increasing investments in cybersecurity across emerging economies like China, India, and Southeast Asia. Latin America and the Middle East & Africa are also poised for steady growth, as organizations in these regions accelerate their digital transformation journeys and seek robust disaster recovery solutions to navigate evolving threats and regulatory landscapes.
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The global disaster recovery as a service (DRaaS) market is forecast to reach USD 25.29 Billion by 2034 DRaaS ensures the duplication of all the applications and cloud data while acting as a secondary infrastructure.
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According to our latest research, the Global Disaster Recovery as a Service (DRaaS) market size was valued at $10.2 billion in 2024 and is projected to reach $35.7 billion by 2033, expanding at a robust CAGR of 14.8% during the forecast period of 2025 to 2033. This impressive market growth is primarily driven by the escalating frequency and sophistication of cyber-attacks, coupled with the rising adoption of cloud-based solutions across enterprises of all sizes. As organizations increasingly prioritize business continuity and data protection in the face of evolving threats and regulatory requirements, DRaaS is rapidly emerging as a mission-critical component of modern IT infrastructure, enabling swift recovery and minimizing downtime.
North America currently dominates the Disaster Recovery as a Service (DRaaS) market, accounting for the largest share of global revenue, with estimates suggesting the region contributes over 38% of total market value. The region's leadership is attributed to its mature IT ecosystem, high digitalization rates, and stringent regulatory frameworks that mandate robust disaster recovery protocols, especially in sectors such as BFSI and healthcare. Furthermore, the presence of major DRaaS providers and early adoption of advanced cloud technologies have enabled North American enterprises to seamlessly integrate disaster recovery solutions into their operations. Ongoing investments in cyber-resilience and the proliferation of hybrid and multi-cloud environments further reinforce the region's preeminence in the global DRaaS landscape.
Asia Pacific is expected to register the fastest growth in the DRaaS market, projected to expand at a CAGR exceeding 17.5% through 2033. This rapid growth is underpinned by accelerated digital transformation initiatives, increasing cloud adoption among SMEs, and heightened awareness of cyber threats across emerging economies such as India, China, and Southeast Asia. Governmental policies promoting data localization and business continuity, coupled with significant investments from global cloud service providers, are catalyzing market expansion in the region. Additionally, the surge in remote work and e-commerce activities post-pandemic has amplified the demand for resilient, scalable disaster recovery solutions, positioning Asia Pacific as a key growth engine for the global DRaaS market.
Emerging markets in Latin America, the Middle East, and Africa are also witnessing a steady uptick in DRaaS adoption, albeit at a more gradual pace due to infrastructural and economic constraints. While these regions present substantial long-term potential, challenges such as limited IT budgets, inconsistent regulatory enforcement, and a shortage of skilled cybersecurity professionals hinder widespread deployment. Nonetheless, increasing cyber-attack incidents, growing digital economies, and targeted government initiatives to enhance cyber-resilience are expected to drive incremental demand for DRaaS offerings. Localized service delivery models and partnerships with regional cloud providers are further helping to bridge adoption gaps and foster market growth in these emerging economies.
| Attributes | Details |
| Report Title | Disaster Recovery as a Service Market Research Report 2033 |
| By Service Type | Backup & Recovery, Real-Time Replication, Data Protection, Others |
| By Deployment Mode | Public Cloud, Private Cloud, Hybrid Cloud |
| By Organization Size | Small and Medium Enterprises, Large Enterprises |
| By End-User | BFSI, IT & Telecommunications, Healthcare, Government, Retail, Manufacturing, Others |
| Regions Covered | Nort |
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The Asia Pacific Disaster Recovery as a Service Market would witness market growth of 26.4% CAGR during the forecast period (2024-2031). The China market dominated the Asia Pacific Disaster Recovery As A Service Market by Country in 2023, and would continue to be a dominant market till 2031; there
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The Disaster Recovery-as-a-Service market report offers a thorough competitive analysis, mapping key players’ strategies, market share, and business models. It provides insights into competitor dynamics, helping companies align their strategies with the current market landscape and future trends.
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2023 |
| REGIONS COVERED | North America, Europe, APAC, South America, MEA |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2024 | 13.33(USD Billion) |
| MARKET SIZE 2025 | 14.36(USD Billion) |
| MARKET SIZE 2035 | 30.0(USD Billion) |
| SEGMENTS COVERED | Service Type, Deployment Type, End User, Recovery Point Objective, Regional |
| COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
| KEY MARKET DYNAMICS | Cloud adoption increase, Regulatory compliance, Increasing cyber threats, Business continuity planning, Technological advancements |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Acronis, Cisco Systems, Infrascale, Asigra, Dell Technologies, Microsoft, VMware, Datto, Carbonite, Veritas Technologies, Zerto, Unitrends, Amazon Web Services, IBM, Interop Technologies, Barracuda Networks, Oracle |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| KEY MARKET OPPORTUNITIES | Cloud-based solutions adoption, Rising cybersecurity threats mitigation, Regulatory compliance requirements increase, Enhancement in data recovery technologies, Growing demand from SMEs |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 7.7% (2025 - 2035) |
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The Disaster Recovery as a Service (DRaaS) market is experiencing robust growth, driven by increasing reliance on cloud computing, the growing need for business continuity, and the rising frequency of cyberattacks and natural disasters. The market is projected to reach a substantial size, exhibiting a significant Compound Annual Growth Rate (CAGR). While precise figures for market size and CAGR are not provided, a reasonable estimation, based on industry reports and trends, would place the 2025 market size at approximately $15 billion USD, with a CAGR of 15% projected for the period 2025-2033. This implies a considerable expansion of the market in the coming years. The strong CAGR is fueled by several factors including the increasing adoption of hybrid and multi-cloud strategies, the demand for enhanced data security and regulatory compliance, and the cost-effectiveness of DRaaS compared to on-premises solutions. Organizations of all sizes are increasingly recognizing the importance of robust disaster recovery plans, leading to higher adoption rates of DRaaS solutions. The competitive landscape of the DRaaS market is highly dynamic, with a mix of established players like VMware, Microsoft, and IBM, alongside specialized DRaaS providers such as Unitrends, Zerto, and Datto. Differentiation strategies focus on features such as ease of use, integration with existing IT infrastructure, recovery time objectives (RTOs) and recovery point objectives (RPOs), and the level of support offered. Ongoing innovation in areas such as automation, artificial intelligence (AI), and machine learning is shaping the future of DRaaS, further enhancing its capabilities and appeal. The market is expected to see continued consolidation, with larger players potentially acquiring smaller firms to expand their market share and service offerings. The increasing demand for resilient and secure cloud-based disaster recovery solutions points towards a bright future for the DRaaS sector.
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The global disaster recovery as a service market size reached USD 10.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 89.8 Billion by 2033, exhibiting a growth rate (CAGR) of 25.24% during 2025-2033. The increasing amount of data generated by businesses, rising cost of disruptions, and the growing adoption of cloud-based solutions in SMEs to manage business data efficiently are some of the major factors propelling the market.