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Global Disaster Recovery as a service (DRaaS) Market Report 2022 : Size, Share, Growth Rate, Business Module, Product Scope And Expansion 2031 | Amazon Web Services; IBM Corporation; Cisco SystemsInc.; Microsoft Corporation; Citrix Systems
Disaster Recovery as a service (DRaaS) Market
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The global disaster recovery as a service (DRaaS) market report by the business research company identifies rise in need for backing up public and private data drives the growth of the disaster recovery as a service market. There is 2.5 quintillion bytes of data created every day and a major factor contributing to the loss of this data is unplanned downtime of systems which further results in the shutdown of various companies. The potential losses and damage due to the system downtimes are huge and hence there is a need for backup services. These backup services would insure companies of any unforeseen disasters and hence drive the growth of the DRaaS market. For instance, according to invenio IT study, less than 10% of the companies survive a disaster without a disaster recovery plan. These companies include not only small players in the market but also major players such as FedEx and Nissan, who require backup services for their survival.
The global disaster recovery as a service (DRaaS) market is expected to grow from $5.79 billion in 2021 to $8.08 billion in 2022 at a compound annual growth rate (CAGR) of 39.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The disaster recovery as a service (DRaaS) market is expected to reach $26.73 billion in 2026 at a CAGR of 34.9%.
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The regions covered in the disaster recovery as a service (DRaaS) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the disaster recovery as a service (DRaaS)market are Amazon Web Services; IBM Corporation; Cisco SystemsInc.; Microsoft Corporation; Citrix Systems; iland Internet Solutions; Cable & Wireless Communications Limited; SunGard Availability Services; InfrascaleInc.; Bluelock; LLC; Dell; Recovery Point Systems; Acronis International GmbH; TierPoint; LLC; Geminare Incorporated; VMWareInc.; Symantec Corporation; Commvault.; DATORA; Disaster Recovery South Africa (PTY) Ltd.; Message Labs Africa and Node Africa; HP Enterprises Company; Treo Information Technology; NTT Communications; Veeam® Software; Zerto; Windstream Communications and Verizon.
The global Disaster recovery as a service (DRaaS) market is segmented -
1) By Service Type: Backup & Recovery, Real-Time Replication, Data Protection
2) By Application: Banking, Financial services and insurance (BFSI), Government, IT and Telecom, Media And Entertainment, Manufacturing And Logistics, Education
3) By Deployment Model: Premises-to-Cloud, Cloud-to-Cloud
4) By Size of Enterprise: Large Enterprises, Small & Medium Enterprises
5) Cloud Type: Public, Private, Hybrid
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The Disaster recovery as a service (DRaaS) Market Report Contents Include
1. Executive Summary
2. Disaster recovery as a service (DRaaS) Market Characteristics
3. Disaster recovery as a service (DRaaS) Market Trends And Strategies
4. Disaster Recovery as a service (DRaaS) Market - Macro Economic Scenario
5. Disaster recovery as a service (DRaaS) Market Size And Growth
.........
26. Africa Disaster Recovery as a service (DRaaS) Market
27. Disaster Recovery as a service (DRaaS) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Disaster recovery as a service (DRaaS) Market
29. Disaster recovery as a service (DRaaS) Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the disaster recovery as a service (DRaaS) market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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