Global Disaster Recovery-as-a-Service (DRaaS) Market Growth (Status and Outlook) 2024-2030

Global Disaster Recovery-as-a-Service (DRaaS) Market Growth (Status and Outlook) 2024-2030

Disaster recovery as a Service, also known as DRaaS, is a cloud-based service which protects companies from losing their critical data at the time of an eventuality. It is a process in which physical or virtual servers are hosted and replicated by an outside entity in order to provide backup process, where functions of a system are assumed by secondary system components as primary components become inaccessible, in the case of any hazard. Disaster Recovery as a Service strives to reduce downtime as well as any disruptions caused to the client, customers and other stakeholders of a business in the event of disasters. Disaster Recovery Services solutions provide more than data recovery protection services as they can replicate various infrastructures and applications of business processes in the organization and ensure optimum continuity of operations of a business. DRaas, for data recovery, can be employed in every organization whether it is small, medium or large without having any requirement of necessary expertise to configure and monitor a disaster recovery plan.

The global Disaster Recovery-as-a-Service (DRaaS) market size is projected to grow from US$ 5829 million in 2023 to US$ 12240 million in 2030; it is expected to grow at a CAGR of 11.2% from 2024 to 2030.

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 2023, providing a comprehensive analysis by region and market sector of projected Disaster Recovery-as-a-Service (DRaaS) sales for 2024 through 2030. 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).

United States market for Disaster Recovery-as-a-Service (DRaaS) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Disaster Recovery-as-a-Service (DRaaS) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Disaster Recovery-as-a-Service (DRaaS) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Disaster Recovery-as-a-Service (DRaaS) players cover Prosoft, Seagate US, KLDiscovery Ontrack, DriveSavers and Gillware, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

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.

Segmentation by type
Premises-to-Cloud
Cloud-to-Cloud

Segmentation by application
Government
Retail
Communication and Technology
Healthcare
BFSI
Manufacturing
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.
Prosoft
Seagate US
KLDiscovery Ontrack
DriveSavers
Gillware
SalvageData
Dell
Lenovo
Secure Data
WeRecoverData
Disk Doctors
Stellar Information Technology
Datarecovery
Data Recovery Group
Advanced Data Recovery
Intelli Recovery
The Data Recovery Geeks
ACS Forensics
Datlabs

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