Disaster Recovery Solutions Market, By Service Type (Data Protection, Backup and Recovery, and Real-time Replication), By Organization Size (Small and Medium Enterprises (SMEs) and Large Enterprises), By Vertical (Banking, Financial Services, and Insurance (BFSI), Government, Healthcare, IT and Telecom, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) - Trends, Analysis, and Forecast till 2029

Report Code: PMI64619 | Publish Date: May 2023 | No. of Pages: 168

Global Disaster Recovery Solutions Market Overview

Introduction:

Calamity recovery solutions aid businesses in restoring data in the case of a system malfunction or disaster. Data and applications are protected from many types of catastrophes using the cloud's resources by the DRaaS paradigm for cloud computing and backup services. A company can maintain operations in the event of a system failure or outage because to the comprehensive system backup it offers. Disaster recovery as a service speeds up the process of bringing back apps to production because data does not need to be restored over the internet. Small and medium-sized businesses may benefit from DRaaS if they lack the skills to create, implement, and evaluate an effective disaster recovery plan. Disaster Recovery Solutions Market size accounted for US$ 4.44 billion in 2020 and is estimated to be US$ 104.15 billion by 2030 and is anticipated to register a CAGR of 36.7%.

Global Disaster Recovery Solutions Market Dynamics

The disaster recovery solutions help enterprises for retrieval of data in case of any system failure incidents or disasters. Growing demand for disaster recovery solutions among various enterprises owing to rising data safety concerns, increasing virus and malware attacks, and need to reduce operational cost are expected to drive growth of the target market over the forecast period. According to data published by OpenCirrus organization in 2017, 65% of data center traffic is cloud based, and this is likely to reach 83% by 2019. However, high initial capital expenditure is anticipated to restrain growth of the global disaster recovery solutions market. Nevertheless, growing adoption of cloud-based solutions and increasing awareness about the benefits of implementing such solutions are expected to create lucrative growth opportunities for the global market over the forecast period.

Global Disaster Recovery Solutions Market Segmentation

Source: Prophecy Market Insights

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The Global Disaster Recovery Solutions Market is segmented based on service type, organization size, vertical and region.

On the basis of Service type, the Global Disaster Recovery Solutions Market is segmented into Data Protection, Backup and Recovery, and Real-time Replication. On the basis of organization size, the Global Disaster Recovery Solutions Market is segmented into Small and Medium Enterprises (SMEs) and Large Enterprises. On the basis of vertical, the Global Disaster Recovery Solutions Market is segmented into Banking, Financial Services, and Insurance (BFSI), Government, Healthcare, IT and Telecom, and Others.  

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the Global Disaster Recovery Solutions Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is anticipated to expand at the highest CAGR over the forecast period.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

20220– 2030

Market representation

Revenue in USD Billion & CAGR from 2020 to 2030

Market Segmentation

By Service Type - Data Protection, Backup and Recovery, and Real-time Replication

By Organization Size - Small and Medium Enterprises (SMEs) and Large Enterprises. 

By Vertical - Banking, Financial Services, and Insurance (BFSI), Government, Healthcare, IT and Telecom, and Others.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Disaster Recovery Solutions Market report based on device, contain, deployment and region:

Global Disaster Recovery Solutions Market, By Service Type 

  • Data Protection
  • Backup and Recovery
  • Real-time Replication

Global Disaster Recovery Solutions Market, By Organization Size

  • Small and Medium Enterprises (SMEs)
  • Large Enterprises

Global Disaster Recovery Solutions Market, By Vertical

  • Banking
  • Financial Services
  • Insurance (BFSI)
  • Government
  • Healthcare
  • IT and Telecom
  • Others

Global Disaster Recovery Solutions Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Disaster Recovery Solutions Market Key Players

The key players operating the Global Disaster Recovery Solutions Market includes International Business Machines Corporation, Microsoft Corporation, Sungard Availability Services, iland Internet Solutions Corporation, Infrascale Inc., Bluelock, LLC, Recovery Point Systems, Inc., Amazon Web Services, Inc., Acronis International GmbH, and TierPoint, LLC.

Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in August2022, Telstra touts proposed restructures ‘transparency’ and ‘flexibility’, in its newly released plan brochure, Telstra said the restructuring would create better transparency of its assets across its customer and infrastructure businesses, which would "allow management to increase efficiency and effectiveness".

Global Disaster Recovery Solutions Market Company Profile

  • International Business Machines Corporation *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Microsoft Corporation
  • Sungard Availability Services
  • iland Internet Solutions Corporation
  • Infrascale Inc.
  • Bluelock, LLC
  • Recovery Point Systems, Inc.
  • Amazon Web Services, Inc.
  • Acronis International GmbH
  • TierPoint, LLC.

“*” marked represents similar segmentation in other categories in the respective section

Global Disaster Recovery Solutions Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
    • PORTER’s
    • Investment Outlook
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Disaster Recovery Solutions Strategies
      • Key Questions this Study will Answer
        • By Service Type (Data Protection, Backup and Recovery, and Real-time Replication),
        • By Organization Size (Small and Medium Enterprises (SMEs) and Large Enterprises),
        • By Vertical (Banking, Financial Services, and Insurance (BFSI), Government, Healthcare, IT and Telecom, and Others),
        • By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa)
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Regional Trends
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Regional Analysis
    • Regional Revenue Analysis
    • Regional By segment Analysis
    • Reasons for regional growth
    • Key Player of particular region
    • Countries Include in the report:
      • North America (U.S., Canada)
      • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
      • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
      • Latin America (Brazil, Mexico, Rest of Latin America)
      • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
    • Competitive Overview
    • Competitive Benchmarking
    • Market Share Analysis
    • Key Developments In The Global Disaster Recovery Solutions Market
    • Key Developments: Mergers & Acquisitions
    • Key Developments: Collaboration
    • Key Developments: Contracts & Agreements
    • Key Developments: Expansion
    • Key Developments: Product Developments
  2. Company Profiles
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • SWOT Analysis
  • International Business Machines Corporation, Microsoft Corporation, Sungard Availability Services, iland Internet Solutions Corporation, Infrascale Inc., Bluelock, LLC, Recovery Point Systems, Inc., Amazon Web Services, Inc., Acronis International GmbH, and TierPoint, LLC.
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Global Disaster Recovery Solutions Market report segments the market on the based on the service type, organization size, vertical and region.

The target market is predicted to increase throughout the forecast period, driven by rising demand for disaster recovery solutions across various companies due to rising data security concerns, increasing virus and malware attacks, and the desire to minimise operational costs.

Asia Pacific is anticipated to expand at the highest CAGR over the forecast period.

The leading players operating in the global Disaster Recovery Solutions market include International Business Machines Corporation, Microsoft Corporation, Sungard Availability Services, iland Internet Solutions Corporation, Infrascale Inc., Bluelock, LLC, Recovery Point Systems, Inc., Amazon Web Services, Inc., Acronis International GmbH, and TierPoint, LLC.