Disaster Recovery as a Service (DRaaS) is the replication and hosting of physical or virtual servers by a third-party to provide failover in the event of a man-made or natural catastrophe.
Disaster recovery as a service market is dominated by the North America, and Western Europe region. North America has a wide presence of key disaster recovery as a service provider, as well as U.S. is considered as the high adopter of connected technology. Asia Pacific Excl. Japan as well as Japan region is expected to witness a significant growth in the disaster recovery as a service market. High growth of APEJ is attributed to the growing trend of business automation and the increasing number of cyber-attacks, is leading to high investment on disaster recovery as a service solution by organizations based in the region. Eastern Europe and Latin America is expected to see a significant growth rate in the disaster recovery as a service market.
The global Disaster Recovery as a Service (DRaaS) market size is projected to reach US$ 3257.7 million by 2027, from US$ 2608.6 million in 2020, at a CAGR of 23% during 2021-2027.
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The following players are covered in this report:
- NTT Communications
- Acronis
- Geminare
- Zetta, Inc.
- Asigra
- Veritas
- Quorum
Disaster Recovery as a Service (DRaaS) Breakdown Data by Type
- Private Cloud
- Public Cloud
- Hybrid Cloud
Disaster Recovery as a Service (DRaaS) Breakdown Data by Application
- BFSI
- Consumer Goods and Retail
- Government and Public Sector
- IT and Telecom
- Media and Entertainment
- Manufacturing and Logistics
- Healthcare and Life Sciences
- Others
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Scope of the Report
The research study analyzes the global Disaster Recovery As A Service industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Disaster Recovery As A Service Market Report
1. What was the Disaster Recovery As A Service Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Disaster Recovery As A Service Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Disaster Recovery As A Service Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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