Global Disaster Recovery as a Service (DRaaS) Market Growth (Status and Outlook) 2023-2029

Global Disaster Recovery as a Service (DRaaS) Market Growth (Status and Outlook) 2023-2029

Disaster Recovery as a Service (DRaaS) is the replication and hosting of physical or virtual servers by a third-party to provide failover in the event of a man-made or natural catastrophe.

LPI (LP Information)' newest research report, the “Disaster Recovery as a Service (DRaaS) Industry Forecast” looks at past sales and reviews total world Disaster Recovery as a Service (DRaaS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Disaster Recovery as a Service (DRaaS) sales for 2023 through 2029. With Disaster Recovery as a Service (DRaaS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Disaster Recovery as a Service (DRaaS) industry.

This Insight Report provides a comprehensive analysis of the global Disaster Recovery as a Service (DRaaS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Disaster Recovery as a Service (DRaaS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Disaster Recovery as a Service (DRaaS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Disaster Recovery as a Service (DRaaS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Disaster Recovery as a Service (DRaaS).

The global Disaster Recovery as a Service (DRaaS) market size is projected to grow from US$ 6415.6 million in 2022 to US$ 23940 million in 2029; it is expected to grow at a CAGR of 20.7% from 2023 to 2029.

Disaster recovery as a service market is dominated by the North America, and Western Europe region. North America has a wide presence of key disaster recovery as a service providers, as well as U.S. is considered as the high adopter of connected technology. Asia Pacific Excl. Japan as well as Japan region is expected to witness a significant growth in the disaster recovery as a service market. High growth of APEJ is attributed to the growing trend of business automation and the increasing number of cyber-attacks, is leading to high investment on disaster recovery as a service solutions by organizations based in the region. Eastern Europe and Latin America is expected to see a significant growth rate in the disaster recovery as a service market.

This report presents a comprehensive overview, market shares, and growth opportunities of Disaster Recovery as a Service (DRaaS) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Private Cloud
Public Cloud
Hybrid Cloud

Segmentation by application
BFSI
Consumer Goods and Retail
Government and Public Sector
IT and Telecom
Media and Entertainment
Manufacturing and Logistics
Healthcare and Life Sciences
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM
Microsoft
SunGard Availability Services
VMware Inc.
Cable & Wireless Communications
Amazon Web Services
Iland
Tierpoint
Infrascale
Bluelock
Recovery Point
NTT Communications
Acronis
Geminare
Zetta, Inc.
Asigra
Veritas
Quorum

Please note: The report will take approximately 2 business days to prepare and deliver.