Asia-pacific Disaster Recovery As A Service Market Forecast 2022-2030

Asia-pacific Disaster Recovery As A Service Market Forecast 2022-2030

KEY FINDINGS

The Asia-Pacific Disaster Recovery as a Service market growth is anticipated to progress at a CAGR of 27.15% during the forecast period, 2022-2030. Countries like South Korea, Singapore, India, and China, have small & medium enterprises concerned about IT processes and data discovery while deploying new solutions and technology for their existing systems. Also, the growing adoption of cloud services is projected to offer growth opportunities. However, the cost can challenge market growth.

MARKET INSIGHTS

Singapore, South Korea, India, Australia & New Zealand, Indonesia, Japan, China, and Rest of Asia-Pacific are assessed for the Asia-Pacific Disaster Recovery as a Service market growth evaluation. Japan ranks 16th out of the130 economies of the Network Readiness Index (NRI) 2021. Also, global cloud service providers (CSPs) are central to the country’s larger IT community with the thriving cloud computing marketing segment. In addition, the pandemic has surged the use of cloud-based services by the commercial and public sectors. Besides, several domestic firms utilize cloud technologies to accommodate the growing number of employees working from home. For instance, Hitachi partnered with VMware in June 2022 to offer secure cloud services.

In Singapore, the government announced a five-year plan to move most of its information technology (IT) systems from on-premises infrastructure to the commercial cloud platform to boost service delivery and improve services for residents and businesses. Accordingly, the Government Community Cloud (GCC) was created in 2019 to standardize the onboarding process and administrative activities for government agencies using the cloud. These included governance policy compliance, secure access, account & invoicing management, and workload management. Such factors boost the market growth in these countries.

COMPETITIVE INSIGHTS

Some of the leading market players include Microsoft Corporation, NTT Data Corporation, Recovery Point Systems Inc, Kyndryl Holdings Inc, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments