openPR Logo
Press release

Disaster Recovery as a Service Market Expected to Boom at 27.0% CAGR, Reaching USD 96.60 Billion by 2032

09-16-2024 08:22 AM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Disaster Recovery as a Service Market

Disaster Recovery as a Service Market

The disaster recovery as a service market size was valued at USD 11.27 billion in 2023. The market is projected to grow to USD 96.60 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 27.0% from 2024 to 2032.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:

Disaster Recovery as a Service DRaaS is a service based on cloud technology that enables companies to store their data and IT infrastructure in an external cloud, utilizing a SaaS platform for managing disaster recovery. The main service types in disaster recovery as a service are backup and recovery, real-time replication, and data protection. Disaster recovery as a service makes use of public, private, and hybrid clouds, along with deployment methods such as on-premises to cloud and cloud to cloud.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฐ๐ข๐ญ๐ก ๐€๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‹๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐”๐ฉ๐œ๐จ๐ฆ๐ข๐ง๐  ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/disaster-recover-service-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

โ— With the rise in cyber threats, especially ransomware attacks, organizations are starting to understand the vital importance of strong disaster recovery solutions.
โ— DRaaS solutions offer great flexibility, enabling companies to adjust to fluctuating data volumes and business needs without the need to purchase new infrastructure. This versatility is especially beneficial for businesses facing expansion or changes in seasonal demand.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Because there are so many companies in the market, it is expected to be both competitive and fragmented. Here is the list of the leading companies operating in the disaster recovery as a service market:

โ€ข 11:11 Systems, Inc.
โ€ข Acronis International GmbH
โ€ข Amazon Web Services, Inc.
โ€ข Dell Technologies, Inc
โ€ข IBM Corporation
โ€ข Infrascale, Inc.
โ€ข InterVision Systems, LLC
โ€ข Microsoft Corporation
โ€ข NTT Communications Corporation
โ€ข Recovery Point Systems, Inc.
โ€ข TierPoint, LLC
โ€ข VMware, Inc.
โ€ข Unitrends
โ€ข Zerto

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž: https://www.polarismarketresearch.com/industry-analysis/disaster-recover-service-market/inquire-before-buying

๐ƒ๐ข๐ฌ๐š๐ฌ๐ญ๐ž๐ซ ๐‘๐ž๐œ๐จ๐ฏ๐ž๐ซ๐ฒ ๐š๐ฌ ๐š ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข The recovery and backup Services segment accounted for the largest market share in 2023, owing to data resilience, minimized downtime, and comprehensive data protection.
โ€ข The BFSI segment held a significant market share in 2023, mainly due to the greater need for data security and compliance and the ability to offer uninterrupted services.
โ€ข In 2023, the North American region accounted for the largest market and is expected to continue throughout the forecast period, owing to cybersecurity concerns, greater cloud adoption, and mandates for regulatory compliance.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

The research report provides key insights into the regional market distribution. It covers all the current market trends and emerging business opportunities. An examination of the potential revenue sources across various regions and sub-regions has been offered in the research report. Also, the study predicts Disaster Recovery as a Service Market demand at the regional, country, and global levels. Other important factors, such as production capacity, supply and demand ratios, production, and industry growth rates, have been analyzed in the study. What's more, the study provides an analysis of the untapped regions with growth opportunities in the future.

The geographical analysis covers the following key regions:
โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/disaster-recover-service-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The disaster recovery as a service market is mainly segmented based on end-use industry, service, deployment, and region. Based on the service analysis, in 2023, the recovery and backup services segment held the largest market share. These services ensure data is safe from cyber threats, hardware failures, and natural disasters. They also decrease the amount of time systems need to be operational by helping to quickly recover vital data and systems, which has a direct impact on productivity and revenue.

Moreover, according to the end-use industry analysis, in 2023, the BFSI segment accounted for a substantial market share. Adhering to regulations is simplified and also matches the increasing trend of remote work. DRaaS is crucial for the risk management and operational performance of the BFSI sector.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

5G Services Market: https://www.polarismarketresearch.com/industry-analysis/5g-services-market

Podcasting Market: https://www.polarismarketresearch.com/industry-analysis/podcasting-market

Media Monitoring Tools Market: https://www.polarismarketresearch.com/industry-analysis/media-monitoring-tools-market

Contact Center Software Market: https://www.polarismarketresearch.com/industry-analysis/contact-center-software-market

Push to Talk Market: https://www.polarismarketresearch.com/industry-analysis/push-to-talk-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Disaster Recovery as a Service Market Expected to Boom at 27.0% CAGR, Reaching USD 96.60 Billion by 2032 here

News-ID: 3655903 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Global Demand Drives Automotive Aramid Fiber Market to USD 1,620.99 Million by 2034 at 6.4% CAGR | Huvis Corporation, Teijin Limited, Kermel S.A.
Global Demand Drives Automotive Aramid Fiber Market to USD 1,620.99 Million by 2 โ€ฆ
The quantitative market research report published by Polaris Market Research on Automotive Aramid Fiber Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, Automotive Aramid Fiber Market size, financial data, and projected future growth. All theโ€ฆ
Interventional Oncology Market Projected to Reach USD 5.91 Billion by 2034, Growing at a CAGR of 8.4% from 2026 to 2034
Interventional Oncology Market Projected to Reach USD 5.91 Billion by 2034, Grow โ€ฆ
Market Size and Share: The global interventional oncology market is estimated to be valued at approximately USD 2.87 billion in 2025 and is expected to witness steady growth from 2026 to 2034, registering a CAGR of 8.4% during the forecast period. Polaris Market Research has introduced the latest market research report titled Interventional Oncology Market that highlights the major revenue stream for the forecast period. The report contains clear, reliable, and thoroughโ€ฆ
Electric Submersible Pump for Oil & Gas Market Poised for Rapid Growth: Comprehensive SWOT Analysis & Forecast 2026-2034
Electric Submersible Pump for Oil & Gas Market Poised for Rapid Growth: Comprehe โ€ฆ
The quantitative market research report published by Polaris Market Research on Electric Submersible Pump for Oil & Gas Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, Electric Submersible Pump for Oil & Gas Market size,โ€ฆ
Ferrite Magnet Market Growing Trends and Demands Analysis Forecast 2026 to 2034 | MagCraft Industries, XHMAG Inc., Stanford Magnets
Ferrite Magnet Market Growing Trends and Demands Analysis Forecast 2026 to 2034 โ€ฆ
Market Size and Share: The global ferrite magnet market, valued at approximately USD 10.61 billion in 2025, is expected to grow steadily at a CAGR of 5.4% from 2026 to 2034. Polaris Market Research has introduced the latest market research report titled Ferrite Magnet Market that highlights the major revenue stream for the forecast period. The report contains clear, reliable, and thorough market data and information that will undoubtedly help businesses toโ€ฆ

All 5 Releases


More Releases for Disaster

IBN Tech's Business Continuity Disaster Recovery Solutions Provide Advanced Disa โ€ฆ
IBN Technologies delivers advanced business continuity and disaster recovery services designed to minimize downtime, protect critical assets, and ensure operational resilience. With multi-cloud data backup, automated recovery orchestration, and ISO 22301-aligned continuity planning, IBN helps organizations recover swiftly from disruptions while maintaining compliance and business stability. In a time where data is the key to success, unplanned outages and disruptions may quickly destroy businesses. Business continuity disaster recovery [https://www.ibntech.com/business-continuity-disaster-recovery-services/], or BCDR,โ€ฆ
Disaster Management Apps Market to Witness Huge Growth by 2033| Disaster Alert, โ€ฆ
HTF MI recently introduced Global Disaster Management Apps Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market size (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Major Companies in Disaster Management Apps Market are: Everbridge, AtHoc, Rave Mobile Safety, Disaster Alert, FEMA App, Guardian App, Red Cross, AlertMedia,โ€ฆ
Help After Disaster, Inc. Announces Strategic Partnership with BetterHelp to Enh โ€ฆ
Image: https://www.globalnewslines.com/uploads/2024/12/1734898661.jpg Spartanburg - Dec 23, 2024 - Help After Disaster, Inc., a non-profit organization dedicated to providing hot meals to survivors, volunteers, and first responders during disasters, is proud to announce a strategic partnership with BetterHelp. This collaboration aims to expand support for disaster-affected communities and amplify recovery efforts nationwide. Image: https://www.globalnewslines.com/uploads/2024/12/7523528b73e324c396b31b148ca8a5fd.jpg Through this partnership, BetterHelp will provide 3 months of mental health therapy to disaster victims, helping Help After Disaster deliverโ€ฆ
Empowering Disaster Preparedness: Arkpax's Impact at Office Disaster Prevention โ€ฆ
Arkpax, a leading provider of portable power [https://arkpax.com/] solutions, stole the spotlight as it made its debut at the 20th Office Disaster Prevention EXPO held at Tokyo Bigsight from May 8th to May 10th, 2024. This marked a significant milestone for Arkpax as it entered the disaster prevention-themed exhibition in Japan for the first time, showcasing its commitment to expanding its presence in this sector. During the expo, Arkpax demonstrated theโ€ฆ
Precious Pairs: Global Disaster Relief Campaign
Precious Pairs, a non-profit organization based in San Francisco, has announced its active engagement in global emergency disaster relief efforts. Founded recently, the organization is dedicating its resources to provide immediate support in response to natural disasters around the world, a mission that is both urgent and capital-intensive. Given the resource-heavy nature of emergency disaster relief, Precious Pairs is reaching out for support. Contributions are vital for procuring supplies, managing logistics,โ€ฆ
Disaster Recovery Solution Market: The role of technology innovation in accelera โ€ฆ
Various companies are reconsidering their plans for backup and recovery of important business applications and data over the past few years owing to increasing occurrences of planned, manmade disasters. For instance, malicious attacks such as WannaCry and Locky ransomware in 2017 led to the loss of thousands of encrypted files and systems. The government and private sectors incurred considerable financial losses owing to these attacks. Get Reports Sample with Regional Inputsโ€ฆ