Disaster Recovery as a Service (DRaaS) Market
Disaster Recovery as a Service (DRaaS) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Disaster Recovery as a Service (DRaaS) Market Size and Growth
The Disaster Recovery as a Service (DRaaS) market is experiencing significant growth, driven by increasing data protection needs and regulatory compliance. The global market size is projected to reach approximately $18 billion by 2026, reflecting a compound annual growth rate (CAGR) of around 25%. Demand for scalable, cost-efficient solutions is fueling expansion.
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Companies Covered
(Covid 19 Impact Covered)
◍ IBM
◍ Microsoft
◍ SunGard Availability Services
◍ VMware Inc.
◍ Cable & Wireless Communications
◍ Amazon Web Services
◍ Iland
◍ Tierpoint
◍ Infrascale
◍ Bluelock
◍ Recovery Point
◍ NTT Communications
◍ Acronis
◍ Geminare
◍ Zetta, Inc.
◍ Asigra
◍ Veritas
◍ Quorum
The DRaaS market features key players like IBM, Microsoft, and AWS, offering tailored solutions to enhance business continuity. These companies leverage cloud infrastructure, automation, and security to support disaster recovery. Their innovations and partnerships drive market growth.
Sales revenue highlights:
- IBM: ~$57 billion
- Microsoft: ~$198 billion
- AWS: ~$80 billion
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Market Segmentation
By Application
◍ Consumer Goods and Retail
◍ Government and Public Sector
By Product
◍ Private Cloud
Public Cloud
Hybrid Cloud ◍ BFSI
◍ IT and Telecom
◍ Media and Entertainment
◍ Manufacturing and Logistics
◍ Healthcare and Life Sciences
◍ Others
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Market Growth
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$ X Billion USD
