Disaster-Recovery-as-a-Service

Disaster-Recovery-as-a-Service Market by Service Type (Backup And Recovery, Data Archiving, Real-Time Replication), Service Model (Hybrid Cloud, Private Cloud, Public Cloud), Organization Size, Vertical Industry, End User, Deployment Mode, Functionality - Global Forecast 2025-2030

SKU
MRR-FB6C9E793366
Region
Global
Publication Date
January 2025
Delivery
Immediate
2024
USD 1.30 billion
2025
USD 1.44 billion
2030
USD 2.33 billion
CAGR
10.14%
360iResearch Analyst Ketan Rohom
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The Disaster-Recovery-as-a-Service Market size was estimated at USD 1.30 billion in 2024 and expected to reach USD 1.44 billion in 2025, at a CAGR 10.14% to reach USD 2.33 billion by 2030.

Disaster-Recovery-as-a-Service Market
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Disaster-Recovery-as-a-Service (DRaaS) is a cloud computing and backup service model designed to protect data and applications from disruptions caused by natural disasters, human error, or cyberattacks. The service ensures business continuity by enabling rapid data recovery and systems restoration. As businesses increasingly rely on digital platforms, the necessity of DRaaS escalates, providing a crucial safety net for IT infrastructures. Applications of DRaaS span across industries such as healthcare, finance, retail, and government sectors which are heavily data-dependent and require stringent data protection measures. Key growth influencers include the rising incidences of cybercrimes, natural disasters, and the increased adoption of cloud computing technologies. Recent trends reveal an uptick in the adaptation of AI and machine learning for predictive analytics, enabling faster recovery times and improved data integrity. The surge in remote work models has also accelerated the adoption of flexible and scalable DRaaS solutions. However, market growth can be impeded by challenges such as inadequate bandwidth, concerns over data security, and compliance with regulatory standards. Additionally, high costs associated with implementing and maintaining robust DRaaS solutions can deter small and medium-sized enterprises. To capitalize on potential opportunities, businesses should focus on innovations like blockchain technology for enhanced data integrity and adopting hybrid cloud models to optimize resource allocation. Investing in automated disaster recovery solutions and strengthening partnerships with cloud service providers can also offer competitive advantages. Research into cost-effective models for small businesses and solutions that simplify the integration process for legacy systems can also present valuable innovation avenues. The DRaaS market is characterized by rapid technological evolution and significant competition among service providers aiming to deliver comprehensive, cost-effective, and scalable recovery solutions for a diverse clientele.

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Market Dynamics

The market dynamics represent an ever-changing landscape of the Disaster-Recovery-as-a-Service Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Digital transformation initiatives expand the scope of disaster recovery as a service solutions
    • Budget constraints in organizations fuel the demand for cost-effective disaster recovery services
    • Increased remote working trends prompt businesses to prioritize disaster recovery and data continuity
  • Market Restraints
    • Critical regulatory and compliance issues as constraints in the disaster-recovery-as-a-service sector
    • Major obstacles and constraints impacting the disaster-recovery-as-a-service industry expansion
    • Significant barriers hindering disaster recovery as a service from reaching its full potential
  • Market Opportunities
    • The increasing reliance on cloud computing presents untapped markets in disaster-recovery services
    • Continual digital transformation trends highlight the necessity for tailored disaster-recovery solutions
    • Natural disaster-prone areas need reliable and rapid response disaster-recovery service providers
  • Market Challenges
    • Navigating regulatory compliance: Challenges in meeting diverse global and local regulations
    • Tackling vendor lock-in issues: Difficulties in switching providers due to proprietary technologies
    • Building trust with end users: Overcoming skepticism regarding effectiveness and reliability of DRaaS

Market Segmentation Analysis

  • Service Type: Growing need to secure data from breaches and unauthorized access

    The Disaster-Recovery-as-a-Service (DRaaS) market encompasses various service types, including backup, data security, professional services, and real-time protection. Backup solutions ensure data recovery during disasters through periodic storage and retrieval from remote locations. Data security services are becoming highly important for businesses that emphasize safeguarding sensitive data during disaster recovery by employing encryption and secure transmission protocols. Professional services assist organizations with planning, consulting, training, and support for effective disaster preparedness. Real-time protection minimizes downtime through continuous monitoring and automatic failover mechanisms during disasters. In conclusion, the optimal DRaaS service type depends on organizational needs such as data sensitivity, in-house expertise, and infrastructure intricacy.

  • Cloud Type: Higher preferences for private cloud to gain maximum control over data security

    Hybrid cloud DRaaS solutions combine the flexibility of public clouds with the security and control of private clouds. This approach is ideal for organizations with strict compliance requirements, sensitive data concerns, or those looking to optimize costs by leveraging both on-premises infrastructure and public cloud resources. Private cloud DRaaS is suitable for organizations requiring complete control over their IT infrastructure owing to regulatory compliance or highly sensitive data management needs. By utilizing a dedicated environment solely for disaster recovery purposes within the organization's own data center or at a managed service provider's facility, businesses can minimize potential risks associated with shared resources in public clouds. Public cloud DRaaS offers the benefits of cost efficiency, rapid deployment, and virtually unlimited scalability by utilizing shared resources hosted by third-party providers. This option is ideal for small to medium-sized businesses (SMBs) or organizations with less stringent data privacy requirements.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Disaster-Recovery-as-a-Service Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

PESTLE Analysis

The PESTLE analysis offers a comprehensive tool for understanding and analyzing the external macro-environmental factors that impact businesses within the Disaster-Recovery-as-a-Service Market. This framework examines Political, Economic, Social, Technological, Legal, and Environmental factors, providing companies with insights into how these elements influence their operations and strategic decisions. By using PESTLE analysis, businesses can identify potential opportunities and threats in the market, adapt to changes in the external environment, and make informed decisions that align with current and future conditions. This analysis helps companies anticipate shifts in regulation, consumer behavior, technology, and economic conditions, allowing them to better navigate risks and capitalize on emerging trends.

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Disaster-Recovery-as-a-Service Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Disaster-Recovery-as-a-Service Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Recent Developments

  • Expedient Announces Partnership with Kyndryl to Deliver Disaster Recovery as a Service

    Expedient announced its strategic partnership with Kyndryl, the preem inent provider of IT infrastructure services globally. This collaboration is set to redefine disaster recovery solutions, fusing Expedient's unparalleled data center capabilities with Kyndryl’s top-tier cyber resilience services. This alliance is expected to broaden both entities' abilities to deliver fortified security and cyber resilience solutions, enabling organizations from all sectors to significantly enhance their defenses against data breaches and associated cyber threats. [Published On: September 26, 2023]

  • Verinext Launches Disaster-Recovery-as-a-Service (DRaaS) Delivered on HPE GreenLake

    Verinext Corp., an HPE platinum partner in North America, launches Disaster-Recovery-as-a-Service (DRaaS) managed services on the HPE greenLake edge-to-cloud platform. This DRaaS-managed service ensures secure, compliant, and flexible disaster recovery solutions with minimal data loss or downtime, securely stored in a fully managed private cloud, guaranteeing protection, compliance, and customer confidence regarding data location. [Published On: July 12, 2023]

  • N-able Announces Cove Data Protection with Disaster Recovery as a Service, Introducing Microsoft Azure Recovery Option

    N-able, Inc. has enhanced the continuity features of cove data protection by introducing standby image recovery in Microsoft Azure. This new feature contributes to smarter disaster-recovery-as-a-service (DRaaS), assisting managed service providers (MSPs) and IT professionals in delivering faster file-level restoration and flexible, cost-effective disaster recovery solutions to end users. By leveraging standby image recovery in Azure, users can experience the benefits of efficient and prompt disaster recovery services. [Published On: May 10, 2023]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Disaster-Recovery-as-a-Service Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Disaster-Recovery-as-a-Service Market, highlighting leading vendors and their innovative profiles. These include 11:11 Systems Inc, Acronis International GmbH, Amazon Web Services, Inc., Axcient, BIOS Middle East Group by ZainTech, Cable & Wireless Communications Limited, Cisco Systems, Inc., Citrix by Cloud Software Group, Inc., Daisy Corporate Services Holdings Limited, Databarracks Limited, Druva1, ESDS Software Solution Ltd., Google LLC by Alphabet Inc., Infrascale Inc., International Business Machines Corporation, InterVision Systems, LLC, Microsoft Corporation, N-able, Inc., Nippon Telegraph and Telephone Corporation, Nordia Infotech Pvt Ltd, OneNeck IT Solutions LLC by Telephone and Data Systems, Inc., Open Text Corporation, Oracle Corporation, RackWare, Inc., Recovery Point Systems, Inc., Secur-Serv, Sungard Availability Services LP, Tata Communications Ltd., Thrive Operations, TierPoint, LLC, Veoci Inc., VMware, Inc., and Xigent LLC.

Market Segmentation & Coverage

This research report categorizes the Disaster-Recovery-as-a-Service Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Service Type
    • Backup And Recovery
      • Consulting Services
      • Managed Services
      • Software Solutions
    • Data Archiving
      • Cold Storage
      • Nearline Storage
    • Real-Time Replication
      • Continuous Replication
      • Snapshot Based
  • Service Model
    • Hybrid Cloud
      • Custom Configurations
      • Integrated Solutions
    • Private Cloud
      • Dedicated Environment
      • Hosted Private
    • Public Cloud
      • Multi-Tenant Environment
      • Shared Infrastructure
  • Organization Size
    • Large Enterprises
      • Advanced Security
      • Enterprise Integration
    • Medium Enterprises
      • Compliance Requirements
      • Scalability Needs
    • Small Enterprises
      • Budget Constraints
      • Cloud Considerations
  • Vertical Industry
    • Banking, Financial Services, And Insurance (BFSI)
      • Data Sensitivity
      • Regulatory Compliance
    • Government And Public Sector
      • Citizen Services
      • Electronic Governance
    • Healthcare
      • eHealth Systems
      • Patient Data Handling
    • IT And Telecom
      • Infrastructure Expansion
      • Technical Compatibility
    • Retail And Consumer Goods
      • Omnichannel Demand
      • Personalization Analysis
  • End User
    • Chief Information Officers (CIOs)
      • Strategic Initiatives
      • Technology Budgets
    • Disaster Recovery Coordinators
      • Crisis Preparedness
      • Response Planning
    • IT Managers
      • Technical Expertise
      • Vendor Management
  • Deployment Mode
    • Cloud-Based
      • SLA Agreements
      • Subscription Models
    • Hybrid
      • Divided Workloads
      • Gradual Migration
    • On-Premise
      • Custom Deployments
      • Legacy Systems
  • Functionality
    • Application Recovery
      • Application Consistent Recovery
      • File Level Recovery
    • Data Recovery
      • Instant Recovery
      • Point-In-Time Recovery
    • System Recovery
      • Bare-Metal Recovery
      • Virtual Machine Recovery
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Disaster-Recovery-as-a-Service Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Disaster-Recovery-as-a-Service Market, by Service Type
  7. Disaster-Recovery-as-a-Service Market, by Service Model
  8. Disaster-Recovery-as-a-Service Market, by Organization Size
  9. Disaster-Recovery-as-a-Service Market, by Vertical Industry
  10. Disaster-Recovery-as-a-Service Market, by End User
  11. Disaster-Recovery-as-a-Service Market, by Deployment Mode
  12. Disaster-Recovery-as-a-Service Market, by Functionality
  13. Americas Disaster-Recovery-as-a-Service Market
  14. Asia-Pacific Disaster-Recovery-as-a-Service Market
  15. Europe, Middle East & Africa Disaster-Recovery-as-a-Service Market
  16. Competitive Landscape
Frequently Asked Questions
  1. How big is the Disaster-Recovery-as-a-Service Market?
    Ans. The Global Disaster-Recovery-as-a-Service Market size was estimated at USD 1.30 billion in 2024 and expected to reach USD 1.44 billion in 2025.
  2. What is the Disaster-Recovery-as-a-Service Market growth?
    Ans. The Global Disaster-Recovery-as-a-Service Market to grow USD 2.33 billion by 2030, at a CAGR of 10.14%
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    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
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