Disaster Recovery as a Service Market

Disaster Recovery as a Service Market by Services Types (Data Protection, Real-time Replication, and Backup & Restores), End-user Verticals (Healthcare, BFSI, Government, IT, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa)–Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021–2028

  • Report ID: ICT-SE-1902
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 3
  • No. Of Pages: 213
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The disaster recovery as a service market size is anticipated to expand at significant CAGR during forecast period 2021–2028. Growth of the market is attributed to rapid urbanization, increasing spending on advances technologies, and rising adoption of work from home model.

Disaster Recovery as a Service Market

In a third-party environment of cloud computing, the disaster recovery as a service is a cloud computing service system that creates backup of its IT infrastructure & data and provide all the DR orchestration, by giving permission to organization to regain functionality and access to IT sector in disaster time and after disaster. For business continuity the disaster recovery planning is important. The disaster recovery as a service comes under the cloud computing services.

The COVID-19 pandemic has disturbed many sectors on an exceptional ratio. However, disaster recovery as a service sector has emerged stronger from this incident. While many other sectors are finding it hard to run easily, the companies that selected disaster recovery as a service infrastructure are operating fine. Cloud-based database security assists in backup and trouble-free data storage because of its scalability. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Increase in use of disaster recovery as services in healthcare sector is projected to boost the market.
  • Rising usages of biometrics in smartphones is the major factor fueling the market.
  • Lack of awareness about the disaster recovery as a service is projected to restrict the market expansion during the forecast period.
  • High price of services is anticipated to hamper the market growth in the coming years.
  • R&D investment and technological advancement in disaster recovery as a service market is projected to offer lucrative opportunities for the market players

Scope of the Report

The report on the disaster recovery as a service market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Disaster Recovery as a Service Market–Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018-2019

Forecast Period

2021-2028

Segmentation

Services Types (Data Protection, Real-time Replication, and Backup & Restores), End-user Verticals (Healthcare, BFSI, Government, IT, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players covered in the Report

BIOS Middle East group; C & W Business Ltd.; IBM Corp.; Bluelock LLC; Microsoft Corp.; TierPoint LLC; iLand Internet Solutions Corp.; Sungard Availability Services LP; Expedient Holdings USA LLC; and Recovery Point Systems Inc.

Market Segment Insights

The backup & restores segment accounts for a key share of the market

Based on services types, the disaster recovery as a service market is fragmented into data protection, real-time replication, and backup & restores. The backup & restores segment accounts for a key share of the market. Growth of the market is attributed to rising industrialization and increasing technological advancement in disaster recovery as a service. However, the data protection segment is anticipated to expand at a rapid pace during the forecast period due to rapid expansion in development & research, wide range of applications in healthcare industry, and increasing per capita income.

Disaster Recovery as a Service Market

The IT segment is anticipated to hold significant market share

On the basis of end-user verticals, the market is divided into healthcare, BFSI, government, IT, and others. The IT segment accounts for a significant share of the market. Growth of the market is attributed to increasing demand for cloud-based solutions, increasing number of medium & small enterprises, and rising adoption of hybrid cloud system. The healthcare segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rising number of SMEs, rising investment by government & private sectors, and increasing population.

Disaster Recovery as a Service Market

North America is estimated to hold major market share

On the basis of region, the disaster recovery as a service market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is estimated to expand at a high CAGR during the forecast period due to factors such as presence of major market players and rapidly emerging economy. The market of North America is estimated to hold a major market share due to rapidly growing number of working people, increasing application through cloud-based disaster recovery, and fast recovery of data during & after disaster.

Disaster Recovery as a Service Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Disaster Recovery as a Service Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Disaster Recovery as a Service Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Disaster Recovery as a Service Market - Supply Chain
  4.5. Global Disaster Recovery as a Service Market Forecast
     4.5.1. Disaster Recovery as a Service Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Disaster Recovery as a Service Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Disaster Recovery as a Service Market Absolute $ Opportunity
5. Global Disaster Recovery as a Service Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Disaster Recovery as a Service Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Disaster Recovery as a Service Demand Share Forecast, 2019-2026
6. North America Disaster Recovery as a Service Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Disaster Recovery as a Service Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Disaster Recovery as a Service Demand Share Forecast, 2019-2026
7. Latin America Disaster Recovery as a Service Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Disaster Recovery as a Service Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Disaster Recovery as a Service Demand Share Forecast, 2019-2026
8. Europe Disaster Recovery as a Service Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Disaster Recovery as a Service Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Disaster Recovery as a Service Demand Share Forecast, 2019-2026
9. Asia Pacific Disaster Recovery as a Service Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Disaster Recovery as a Service Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Disaster Recovery as a Service Demand Share Forecast, 2019-2026
10. Middle East & Africa Disaster Recovery as a Service Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Disaster Recovery as a Service Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Disaster Recovery as a Service Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Disaster Recovery as a Service Market: Market Share Analysis
  11.2. Disaster Recovery as a Service Distributors and Customers
  11.3. Disaster Recovery as a Service Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. BIOS Middle East group C & W Business Ltd. IBM Corp. Bluelock LLC Microsoft Corp. TierPoint LLC

Segments Covered in the Report

The disaster recovery as a service market has been segmented on the basis of

Services Types

  • Data Protection
  • Real-time Replication
  • Backup & Restores

End-user Verticals

  • Healthcare
  • BFSI
  • Government
  • IT
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • BIOS Middle East group
  • C & W Business Ltd.
  • IBM Corp.
  • Bluelock LLC
  • Microsoft Corp.
  • TierPoint LLC
  • iLand Internet Solutions Corp.
  • Sungard Availability Services LP
  • Expedient Holdings USA LLC
  • Recovery Point Systems Inc.

Key players competing in the disaster recovery as a service market include BIOS Middle East group; C & W Business Ltd.; IBM Corp.; Bluelock LLC; Microsoft Corp.; TierPoint LLC; iLand Internet Solutions Corp.; Sungard Availability Services LP; Expedient Holdings USA LLC; and Recovery Point Systems Inc.

Some of these players are using several market strategies such as collaborations, acquisitions, partnerships, merger, product launches, and capacity expansion to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

Disaster Recovery as a Service Market

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