Disaster Recovery as a Service Market Outlook 2027 By Service Type, Size, Share, Trends, Growth, Technology
According to TechSci Research, Global disaster recovery as a service market is expected to grow at an impressive CAGR of during the forecast period. Rising implementation of cloud-based solutions among small and medium-sized enterprises is one of the key factors due to which the market is anticipated to rev up during the forecast years. Moreover, growing requirement to avoid loss of information and transactions is positively impacting the growth of market during the forecast period. Furthermore, expanding IT infrastructure worldwide coupled with high flexibility and cost-effectiveness of DRaaS Solutions is expected to bolster the growth of market over the next few years.
The global disaster recovery as a service market is segmented based on service type, provider, deployment model, organization size, end user, company, and region. Based on service type, the market can be categorized into backup services, real-time replication services, data security services & professional services. Out of which, the backup services segment is expected to grow at the highest CAGR during the forecast period, which can be attributed to the fact that it provides secure, cost-effective, reliable, automated, and scalable solutions to the enterprises so that any business can maintain its continuity in the event of disaster.
In terms of provider, the market is fragmented into cloud service providers, managed service providers, telecom and communication services providers & others. Among them, the managed service providers segment is estimated to dominate the market in the next five years as it helps organizations to offload the burden of data protection and data security with help of its DRaaS services.
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The major players operating in the disaster recovery as a service market are Amazon Web Services, IBM Corporation, Microsoft Corporation, SunGard Availability Services, VMware Inc., Cable & Wireless Communications, Cisco, HP Enterprises Company, Iland Internet Solutions, NTT Communications Corporation, TierPoint, LLC, Verizon Enterprise Solutions and others. The key market players are adopting some competitive strategies such as mergers & acquisitions, partnership, agreements in order to expand their geographic reach and to increase their customer basis.
- To analyze and estimate the market size of global disaster recovery as a service market from 2017 to 2020.
- To estimate and forecast the market size of global disaster recovery as a service market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global disaster recovery as a service market based on service type, provider, deployment model, organization size, end user, company and regional distribution.
- To identify dominant region or segment in the global disaster recovery as a service market.
- To identify drivers and challenges for global disaster recovery as a service market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global disaster recovery as a service market.
- To conduct pricing analysis for global disaster recovery as a service market.
- To identify and analyze the profile of leading players operating in global disaster recovery as a service market.
- To identify key sustainable strategies adopted by market players in global disaster recovery as a service market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the hospitals/clinics which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers and presence of all major players across the globe.
TechSci Research calculated the market size of global disaster recovery as a service market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Disaster recovery as a service provider
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to disaster recovery as a service
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Service Type · Provider · Deployment Model · Organization Size · End User |
Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
Country Scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt |
Key Companies Profiled | Amazon Web Services, IBM Corporation, Microsoft Corporation, SunGard Availability Services, VMware Inc., Cable & Wireless Communications, Cisco, HP Enterprises Company, Iland Internet Solutions, NTT Communications Corporation, TierPoint, LLC, Verizon Enterprise Solutions. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, global disaster recovery as a service market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Disaster Recovery as a Service Market, By Service Type:
- Backup Services
- Real-Time Replication Services
- Data Security Services & Professional Services
- Global Disaster Recovery as a Service Market, By Provider:
- Cloud Service Providers
- Managed Service Providers
- Telecom and Communication Services Providers
- Others
- Global Disaster Recovery as a Service Market, By Deployment Model:
- Public Cloud
- Private Cloud & Hybrid Cloud
- Global Disaster Recovery as a Service Market, By Organization Size:
- Large Enterprises
- Small & Medium Enterprises
- Global Disaster Recovery as a Service Market, By End User:
- BFSI
- Consumer Good and Retail
- Government and Public Sectors
- Healthcare and Life Science
- Manufacturing
- Media and Entertainment
- Telecommunication and ITES
- Others
- Global Disaster Recovery as a Service Market, By Region:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global disaster recovery as a service market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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