Market Overview:
The global disaster recovery services market is expected to grow from USD 9.02 billion in 2018 to USD 21.01 billion by 2030, at a CAGR of 11.5% during the forecast period. The growth of this market can be attributed to the increasing demand for cloud-based disaster recovery services and the growing need for business continuity and data protection solutions. The backup and restore segment is expected to hold the largest share of the global disaster recovery services market in 2018.
Product Definition:
Disaster Recovery Services, often referred to as DRaaS, is a cloud-based service that enables businesses to quickly recover from a disaster. Disaster can be anything from a natural disaster like a hurricane or tornado, to man-made disasters like a cyber attack.
The importance of Disaster Recovery Services cannot be overstated. When your business is hit with a disaster, you need to be able to quickly and easily get back up and running. With DRaaS, you can do just that. The cloud-based service allows you to access your data and applications from anywhere in the world so you can continue doing business even when your physical location is not operational.
Backup and Restore:
Backup and restore is a process of saving current data from one or more devices to another device, so that in case of any problem with the first device, the user can easily recover lost data. The term backup is generally used for offline process whereas restore refers to online process.
The global backup and restore market size was valued at USD 6,500 million in 2016 which is anticipated to grow at a CAGR of XX% over the forecast period.
Real-time Replication:
Real-time replication is a technique used to keep database consistency in a distributed environment. It's an effective solution for ensuring data integrity and availability. In the event of a disaster, real-time replication can be used to quickly restore the database at another site. The technology was developed as part of the Google Wave project, which was intended for providing real-time communication services; however, it wound up being incorporated into Google Docs and spread across various other products and services within Google Inc.
Application Insights:
The application segment is segregated into BFSI, IT, government, healthcare, industrial & manufacturing and others. The BFSI sector accounted for the largest market share in 2017 owing to the high importance of data preservation and continuous business operations during a disaster. The IT segment is anticipated to register a significant growth rate over the forecast period due to increasing demand from emerging economies such as India and China.
The growing digitalization across various industries such as banking, financial services and insurance (BFSI) are expected to drive the need for DR solutions in this sector over the forecast period. Moreover, technological advancements that enable real-time collaboration between different systems are further driving adoption of DR solutions among large enterprises or organizations with robust cloud infrastructure.
Regional Analysis:
The Asia Pacific region accounted for the highest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing IT infrastructure spending, rising demand for disaster recovery solutions, and improving internet connectivity in emerging economies of India and China. Moreover, growing awareness regarding data security among consumers is driving regional market growth.
North America also held a significant market share in 2017 owing to early adoption of technologies by various organizations across industries including healthcare & life sciences, BFSI sector etc., which has resulted into high demand from end users for DR services during emergencies. Furthermore, presence of major technology players such as IBM Corporation; Hewlett Packard Enterprise Development LP; Dell EMC Inc.; CA Technologies; Cisco Systems Inc.; Nutanix Systems LLC; VMWare vSphere Ltd.; Scale Computing Inc.
Growth Factors:
- Increasing awareness about the benefits of disaster recovery services among businesses of all sizes.
- The increasing number of cloud-based disaster recovery services providers.
- The growing demand for data center colocation and managed hosting services, which are often used in conjunction with disaster recovery services.
- The increasing number of cyberattacks and data breaches, which has led to a heightened awareness among businesses about the need for reliable and robust disaster recovery solutions.
- The growing popularity of big data and analytics, which is driving organizations to invest in more sophisticated and comprehensive disaster recovery solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Disaster Recovery Services Market Research Report
By Type
Backup and Restore, Real-time Replication, Data Protection, Hosting Services, Others
By Application
BFSI, IT, Government, Healthcare, Industrial & Manufacturing, Others
By Companies
Microsoft, Iland, Sungard, IBM, Vmware, AWS, Zerto, Arcserve, Carbonite, Ekco, Quorum, Datto, Acronis, Recovery Point, TierPoint, Expedient, InterVision, Unitrends, Flexential, Webair, PhoenixNAP, BIOS ME, Infrascale
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Disaster Recovery Services Market Report Segments:
The global Disaster Recovery Services market is segmented on the basis of:
Types
Backup and Restore, Real-time Replication, Data Protection, Hosting Services, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, IT, Government, Healthcare, Industrial & Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Microsoft
- Iland
- Sungard
- IBM
- Vmware
- AWS
- Zerto
- Arcserve
- Carbonite
- Ekco
- Quorum
- Datto
- Acronis
- Recovery Point
- TierPoint
- Expedient
- InterVision
- Unitrends
- Flexential
- Webair
- PhoenixNAP
- BIOS ME
- Infrascale
Highlights of The Disaster Recovery Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Backup and Restore
- Real-time Replication
- Data Protection
- Hosting Services
- Others
- By Application:
- BFSI
- IT
- Government
- Healthcare
- Industrial & Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Disaster Recovery Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Disaster recovery services are a type of insurance that help businesses and individuals recover from unexpected events, such as natural disasters or computer failures. Disaster recovery services can include everything from temporary office space to technical support.
Some of the key players operating in the disaster recovery services market are Microsoft, Iland, Sungard, IBM, Vmware, AWS, Zerto, Arcserve, Carbonite, Ekco, Quorum, Datto, Acronis, Recovery Point, TierPoint, Expedient, InterVision, Unitrends, Flexential, Webair, PhoenixNAP, BIOS ME, Infrascale.
The disaster recovery services market is expected to grow at a compound annual growth rate of 11.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Disaster Recovery Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Disaster Recovery Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Disaster Recovery Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Disaster Recovery Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Disaster Recovery Services Market Size & Forecast, 2020-2028
4.5.1 Disaster Recovery Services Market Size and Y-o-Y Growth
4.5.2 Disaster Recovery Services Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Backup and Restore
5.2.2 Real-time Replication
5.2.3 Data Protection
5.2.4 Hosting Services
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 IT
6.2.3 Government
6.2.4 Healthcare
6.2.5 Industrial & Manufacturing
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Disaster Recovery Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Disaster Recovery Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Backup and Restore
9.6.2 Real-time Replication
9.6.3 Data Protection
9.6.4 Hosting Services
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 IT
9.10.3 Government
9.10.4 Healthcare
9.10.5 Industrial & Manufacturing
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Backup and Restore
10.6.2 Real-time Replication
10.6.3 Data Protection
10.6.4 Hosting Services
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 IT
10.10.3 Government
10.10.4 Healthcare
10.10.5 Industrial & Manufacturing
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Backup and Restore
11.6.2 Real-time Replication
11.6.3 Data Protection
11.6.4 Hosting Services
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 IT
11.10.3 Government
11.10.4 Healthcare
11.10.5 Industrial & Manufacturing
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Backup and Restore
12.6.2 Real-time Replication
12.6.3 Data Protection
12.6.4 Hosting Services
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 IT
12.10.3 Government
12.10.4 Healthcare
12.10.5 Industrial & Manufacturing
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Backup and Restore
13.6.2 Real-time Replication
13.6.3 Data Protection
13.6.4 Hosting Services
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 IT
13.10.3 Government
13.10.4 Healthcare
13.10.5 Industrial & Manufacturing
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Disaster Recovery Services Market: Competitive Dashboard
14.2 Global Disaster Recovery Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microsoft
14.3.2 Iland
14.3.3 Sungard
14.3.4 IBM
14.3.5 Vmware
14.3.6 AWS
14.3.7 Zerto
14.3.8 Arcserve
14.3.9 Carbonite
14.3.10 Ekco
14.3.11 Quorum
14.3.12 Datto
14.3.13 Acronis
14.3.14 Recovery Point
14.3.15 TierPoint
14.3.16 Expedient
14.3.17 InterVision
14.3.18 Unitrends
14.3.19 Flexential
14.3.20 Webair
14.3.21 PhoenixNAP
14.3.22 BIOS ME
14.3.23 Infrascale
