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Disaster Recovery-as-a-Service Market by Deployment and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 129
  • SKU: IRTNTR43407
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The disaster recovery-as-a-service (DRaaS) market share is expected to increase by USD 40.97 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 44.65%.

This disaster recovery-as-a-service (DRaaS) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The disaster recovery-as-a-service (DRaaS) market report also offers information on several market vendors, including Amazon.com Inc., Broadcom Inc., Cisco Systems Inc., Dell Technologies Inc., iland Internet Solutions, International Business Machines Corp., Microsoft Corp., NTT Communications Corp., Oracle Corp., and Sungard Availability Services LP among others. Furthermore, this report extensively covers disaster recovery-as-a-service (DRaaS) market segmentation by deployment (public cloud, private cloud, and hybrid cloud) and geography (North America, Europe, APAC, South America, and MEA).

What will the Disaster Recovery-as-a-Service (DRaaS) Market Size be During the Forecast Period?

Disaster Recovery-as-a-Service Market Size

Download the Free Report Sample to Unlock the Disaster Recovery-as-a-Service (DRaaS) Market Size for the Forecast Period and Other Important Statistics

 

Disaster Recovery-as-a-Service (DRaaS) Market: Key Drivers, Trends, and Challenges

The improvements in manageability and protection is notably driving the disaster recovery-as-a-service (DRaaS) market growth, although factors such as availability of open-source disaster recovery tools may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the disaster recovery-as-a-service (DRaaS) industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Disaster Recovery-as-a-Service (DRaaS) Market Driver

The improvements in manageability and protection is a major factor driving the global disaster recovery-as-a-service (DRaaS) market share growth. DRaaS ensures continuity of business operations in case of an outage. Through a web-based control panel, it improves the security and visibility of networks and servers with real-time activity and system health monitoring and reporting. DRaaS solutions offer full control and support manual and automatic failure. Additionally, they also provide customer information on the state of health of the entire IT estate. Application and data are saved through real-time, bandwidth-efficient continuous replication over an encrypted virtual private network (VPN) tunnel. This protects businesses from the impact of unplanned server outages. Small and medium-sized enterprises need an extra data center of their own or should have enough budget to afford a secondary hot site for managing backup in critical situations. Moreover, these replicated data centers should meet the RPO and RTO objectives, and the backup should be done quickly. Therefore, improved manageability and data protection from DRaaS vendors allow businesses to focus on their core competencies and aid in the growth of the market.

Key Disaster Recovery-as-a-Service (DRaaS) Market Trend

The adoption of AI for disaster recovery is another factor supporting the global disaster recovery-as-a-service (DRaaS) market share growth. With constantly evolving technologies that are intended to ease human effort intellectually and physically, the growth of AI and its subset machine learning will drive the economic growth of all countries, especially developed economies, in the future. Although AI is still in the testing phase, its impact on labor productivity will increase during the forecast period. As DRaaS solutions manage corporate data and applications, DRaaS providers are focusing on automatically performing tasks that require human intelligence with the help of AI and machine learning. For instance, UNITRENDS, a company that provides backup services, offers solutions such as Unitrends Backup software and Recovery Series backup appliances that deploy AI and machine learning to identify ransomware in advance and offer features such as post-mortem identification and recovery and enable deflection. Due to technological innovations, Technavio expects the market to continue to grow significantly during the forecast period.

Key Disaster Recovery-as-a-Service (DRaaS) Market Challenge

The availability of open-source disaster recovery tools will be a major challenge for the global disaster recovery-as-a-service (DRaaS) market share growth during the forecast period. The availability of open-source disaster recovery tools is a challenge for the growth of the global DRaaS market. Such tools enable the setting up of a single master backup server to multiple backup hosts over the network. Open-source solutions can be downloaded and run on all platforms. The popularity of such solutions is growing in developing countries such as China and India, as enterprises are still wary of hosting their data on the cloud. Most small-scale companies cannot afford to invest in expensive on-premises and cloud-based recovery backup solutions. Consequently, they use open-source disaster recovery tools that do not require capital investments. In addition, small companies that do not have a high load of tasks can use open-source solutions. Essentially, due to such obstacles, the market growth will continue to be hindered.

This disaster recovery-as-a-service (DRaaS) market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global disaster recovery-as-a-service (DRaaS) market as part of the global IT consulting and other services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the disaster recovery-as-a-service (DRaaS) market during the forecast period.

Who are the Major Disaster Recovery-as-a-Service (DRaaS) Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Amazon.com Inc.
  • Broadcom Inc.
  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • iland Internet Solutions
  • International Business Machines Corp.
  • Microsoft Corp.
  • NTT Communications Corp.
  • Oracle Corp.
  • Sungard Availability Services LP

 

This statistical study of the disaster recovery-as-a-service (DRaaS) market encompasses successful business strategies deployed by the key vendors. The disaster recovery-as-a-service (DRaaS) market is fragmented and the vendors are deploying growth strategies such as organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Amazon.com Inc.- The company offers CloudEndure under disaster recovery as a service.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The disaster recovery-as-a-service (DRaaS) market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Disaster Recovery-as-a-Service (DRaaS) Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the disaster recovery-as-a-service (DRaaS) market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of global IT consulting and other services market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

 

Which are the Key Regions for Disaster Recovery-as-a-Service (DRaaS) Market?

Disaster Recovery-as-a-Service Market Market segmentation by region

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30% of the market's growth will originate from North America during the forecast period. US is the key market for disaster recovery-as-a-service (DRaaS) market in North America. Market growth in this region will be slower than the growth of the market in all other regions.

The increasing adoption of advanced technologies, such as artificial intelligence (AI), machine learning (ML), virtualization, and cloud computing will facilitate the disaster recovery-as-a-service (DRaaS) market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

 

What are the Revenue-generating Deployment Segments in the Disaster Recovery-as-a-Service (DRaaS) Market?

Disaster Recovery-as-a-Service Market Segmentation

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The disaster recovery-as-a-service (DRaaS) market share growth by the public cloud segment will be significant during the forecast period. Organizations are working on cost-cutting without compromising on business efficiency, and public cloud-based DRaaS provides this option by creating a mirrored environment as resources can be scaled on demand. Public cloud-based DRaaS can virtually fit any form of IT environment and reduce enterprises' data center investments and the cost of data recovery. 

Besides the above-mentioned factors, the post COVID-19 impact has fast tracked the demand for disaster recovery-as-a-service. The outbreak of COVID-19 propelled market growth in North America in 2020. It led to sudden nationwide lockdowns, which impacted the conventional office setup and data backup systems of several businesses due to disrupted IT infrastructure. The imposition of lockdown norms in various industries fueled digital engagement. The new business environment increased the adoption of DRaaS for data backup and recovery.  This report provides an accurate prediction of the contribution of all the segments to the growth of the disaster recovery-as-a-service (DRaaS) market size and actionable market insights on post COVID-19 impact on each segment.

 

Disaster Recovery-as-a-Service (DRaaS) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 44.65%

Market growth 2021-2025

$ 40.97 billion

Market structure

Fragmented

YoY growth (%)

42.11

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 30%

Key consumer countries

US, China, UK, India, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Amazon.com Inc., Broadcom Inc., Cisco Systems Inc., Dell Technologies Inc., iland Internet Solutions, International Business Machines Corp., Microsoft Corp., NTT Communications Corp., Oracle Corp., and Sungard Availability Services LP

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Disaster Recovery-as-a-Service (DRaaS) Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive disaster recovery-as-a-service (DRaaS) market growth during the next five years
  • Precise estimation of the disaster recovery-as-a-service (DRaaS) market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the disaster recovery-as-a-service (DRaaS) industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of disaster recovery-as-a-service (DRaaS) market vendors

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1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis: IT consulting and other services

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
    • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

  • 4.1 Five Forces Summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Deployment

  • 5.1 Market segments
    • Exhibit 15: Deployment - Market share 2020-2025 (%)
  • 5.2 Comparison by Deployment
    • Exhibit 16: Comparison by Deployment
  • 5.3 Public cloud - Market size and forecast 2020-2025
    • Exhibit 17: Public cloud - Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Public cloud - Year-over-year growth 2020-2025 (%)
  • 5.4 Private cloud - Market size and forecast 2020-2025
    • Exhibit 19: Private cloud - Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: Private cloud - Year-over-year growth 2020-2025 (%)
  • 5.5 Hybrid cloud - Market size and forecast 2020-2025
    • Exhibit 21: Hybrid cloud - Market size and forecast 2020-2025 ($ million)
    • Exhibit 22: Hybrid cloud - Year-over-year growth 2020-2025 (%)
  • 5.6 Market opportunity by Deployment
    • Exhibit 23: Market opportunity by Deployment

6 Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 25: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 26: Geographic comparison
  • 7.3 North America - Market size and forecast 2020-2025
    • Exhibit 27: North America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 28: North America - Year-over-year growth 2020-2025 (%)
  • 7.4 Europe - Market size and forecast 2020-2025
    • Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)
    • Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
  • 7.5 APAC - Market size and forecast 2020-2025
    • Exhibit 31: APAC - Market size and forecast 2020-2025 ($ million)
    • Exhibit 32: APAC - Year-over-year growth 2020-2025 (%)
  • 7.6 South America - Market size and forecast 2020-2025
    • Exhibit 33: South America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 34: South America - Year-over-year growth 2020-2025 (%)
  • 7.7 MEA - Market size and forecast 2020-2025
    • Exhibit 35: MEA - Market size and forecast 2020-2025 ($ million)
    • Exhibit 36: MEA - Year-over-year growth 2020-2025 (%)
  • 7.8 Key leading countries
    • Exhibit 37: Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 38: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
    • Exhibit 39: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Overview
    • Exhibit 40: Vendor landscape
  • 9.2 Landscape disruption
    • Exhibit 41: Landscape disruption
    • Exhibit 42: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 43: Vendors covered
  • 10.2 Market positioning of vendors
  • 10.3 Amazon.com Inc.
    • Exhibit 45: Amazon.com Inc. - Overview
    • Exhibit 46: Amazon.com Inc. - Business segments
    • Exhibit 47: Amazon.com Inc. – Key news
    • Exhibit 48: Amazon.com Inc. - Key offerings
    • Exhibit 49: Amazon.com Inc. - Segment focus
  • 10.4 Broadcom Inc.
    • Exhibit 50: Broadcom Inc. - Overview
    • Exhibit 51: Broadcom Inc. - Business segments
    • Exhibit 52: Broadcom Inc. – Key news
    • Exhibit 53: Broadcom Inc. - Key offerings
    • Exhibit 54: Broadcom Inc. - Segment focus
  • 10.5 Cisco Systems Inc.
    • Exhibit 55: Cisco Systems Inc. - Overview
    • Exhibit 56: Cisco Systems Inc. - Business segments
    • Exhibit 57: Cisco Systems Inc. – Key news
    • Exhibit 58: Cisco Systems Inc. - Key offerings
    • Exhibit 59: Cisco Systems Inc. - Segment focus
  • 10.6 Dell Technologies Inc.
    • Exhibit 60: Dell Technologies Inc. - Overview
    • Exhibit 61: Dell Technologies Inc. - Business segments
    • Exhibit 62: Dell Technologies Inc. – Key news
    • Exhibit 63: Dell Technologies Inc. - Key offerings
    • Exhibit 64: Dell Technologies Inc. - Segment focus
  • 10.7 iland Internet Solutions
    • Exhibit 65: iland Internet Solutions - Overview
    • Exhibit 66: iland Internet Solutions - Product and service
    • Exhibit 67: iland Internet Solutions – Key news
    • Exhibit 68: iland Internet Solutions - Key offerings
  • 10.8 International Business Machines Corp.
    • Exhibit 69: International Business Machines Corp. - Overview
    • Exhibit 70: International Business Machines Corp. - Business segments
    • Exhibit 71: International Business Machines Corp. – Key news
    • Exhibit 72: International Business Machines Corp. - Key offerings
    • Exhibit 73: International Business Machines Corp. - Segment focus
  • 10.9 Microsoft Corp.
    • Exhibit 74: Microsoft Corp. - Overview
    • Exhibit 75: Microsoft Corp. - Business segments
    • Exhibit 76: Microsoft Corp. – Key news
    • Exhibit 77: Microsoft Corp. - Key offerings
    • Exhibit 78: Microsoft Corp. - Segment focus
  • 10.10 NTT Communications Corp.
    • Exhibit 79: NTT Communications Corp. - Overview
    • Exhibit 80: NTT Communications Corp. - Business segments
    • Exhibit 81: NTT Communications Corp. – Key news
    • Exhibit 82: NTT Communications Corp. - Key offerings
    • Exhibit 83: NTT Communications Corp. - Segment focus
  • 10.11 Oracle Corp.
    • Exhibit 84: Oracle Corp. - Overview
    • Exhibit 85: Oracle Corp. - Business segments
    • Exhibit 86: Oracle Corp. - Key offerings
    • Exhibit 87: Oracle Corp. – Key news
    • Exhibit 88: Oracle Corp. - Segment focus
  • 10.12 Sungard Availability Services LP
    • Exhibit 89: Sungard Availability Services LP - Overview
    • Exhibit 90: Sungard Availability Services LP - Product and service
    • Exhibit 91: Sungard Availability Services LP – Key news
    • Exhibit 92: Sungard Availability Services LP - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
    • Exhibit 93: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 94: Research Methodology
    • Exhibit 95: Validation techniques employed for market sizing
    • Exhibit 96: Information sources
  • 11.4 List of abbreviations
    • Exhibit 97: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Disaster Recovery-as-a-Service (DRaaS) Market market growth will increase by $40.97 bn during 2021-2025.
The disaster recovery-as-a-service (draas) market market is expected to grow at a CAGR of 44.65% during 2021-2025.
Technavio has segmented the disaster recovery-as-a-service (draas) market market by deployment (public cloud, private cloud, and hybrid cloud) ,geography (North America, Europe, APAC, South America, and MEA) , and geographic (North America, Europe, APAC, South America, and MEA).
Amazon.com Inc., Broadcom Inc., Cisco Systems Inc., Dell Technologies Inc., iland Internet Solutions, International Business Machines Corp., Microsoft Corp., NTT Communications Corp., Oracle Corp., Sungard Availability Services LP are a few of the key vendors in the disaster recovery-as-a-service (draas) market market.
North America will register the highest growth rate of 30% among the other regions. Therefore, the disaster recovery-as-a-service (draas) market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the disaster recovery-as-a-service (draas) market market growth are:
  • Improvements in manageability and protection
  • Adoption of AI for disaster recovery
The disaster recovery-as-a-service (draas) market market vendors should focus on grabbing business opportunities from the public cloud segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

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