Quick Summary:
In an ever-evolving digital world, protecting business data and ensuring a successful recovery following a disaster is more critical than ever. Our market report on the massive expansion in the Disaster Recovery as a Service (DRaaS) Types market provides in-depth analysis and crucial insight into this growing sector, forecasted to reach US$26.7 billion by 2030.
This report not only highlights key trends in the backup & recovery segment, predicted to record a 26.4% CAGR but also presents a comprehensive data protection analysis, projected to grow at a 12.9% CAGR over the next eight years. It provides business leaders with the valuable knowledge and foresight to navigate the post-pandemic recovery, making it an essential tool for those invested in, or looking to enter the DRaaS types market.
Global competition and competitor percentage market shares are covered, including major players like Amazon Web Services and Microsoft Corporation. Interactive peer-to-peer collaborative bespoke updates, access to our digital archives and Research Platform, and complimentary updates for one year make this report a comprehensive and invaluable resource for all business executives.
Global Disaster Recovery as a Service (DRaaS) Types Market to Reach $26.7 Billion by 2030
The global market for Disaster Recovery as a Service (DRaaS) Types estimated at US$5.6 Billion in the year 2022, is projected to reach a revised size of US$26.7 Billion by 2030, growing at a CAGR of 21.6% over the analysis period 2022-2030. Backup & Recovery, one of the segments analyzed in the report, is projected to record a 26.4% CAGR and reach US$18 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Data Protection segment is readjusted to a revised 12.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 20.3% CAGR
The Disaster Recovery as a Service (DRaaS) Types market in the U.S. is estimated at US$1.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.4 Billion by the year 2030 trailing a CAGR of 20.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20.1% and 17.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.9% CAGR.Select Competitors (Total 13 Featured) -
- Acxiom Corporation
- Amazon Web Services, Inc.
- Axcient
- CA Technologies, Inc.
- CenturyLink, Inc.
- Datto, Inc.
- Equifax, Inc.
- Hewlett-Packard Development Company LP
- IBM Corporation
- iland Internet Solutions
- Microsoft Corporation
- Rackspace
- Verizon Communications, Inc.
- Vmware, Inc.
- Windstream Communications
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Disaster Recovery as a Service (DRaaS) Types?
What is the growth rate of the Global Market for Disaster Recovery as a Service (DRaaS) Types?
What is the forecasted size of the Global Market for Disaster Recovery as a Service (DRaaS) Types?
Who are the key companies in the Global Market for Disaster Recovery as a Service (DRaaS) Types?
| Report Attribute | Details |
|---|---|
| No. of Pages | 182 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 5.6 Billion |
| Forecasted Market Value ( USD | $ 26.7 Billion |
| Compound Annual Growth Rate | 21.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Acxiom Corporation
- Amazon Web Services, Inc.
- Axcient
- CA Technologies, Inc.
- CenturyLink, Inc.
- Datto, Inc.
- Equifax, Inc.
- Hewlett-Packard Development Company LP
- IBM Corporation
- iland Internet Solutions
- Microsoft Corporation
- Rackspace
- Verizon Communications, Inc.
- Vmware, Inc.
- Windstream Communications
