NEW YORK , May 18, 2022 /PRNewswire/ -- The disaster recovery-as-a-service (DRaaS) market size is expected to grow by USD 40.97 bn from 2020 to 2025, according to Technavio. The growth momentum of the market will accelerate at a CAGR of 44.65% during the forecast period. The market's growth will be driven by factors such as improvements in manageability and protection. However, factors such as the availability of open-source disaster recovery tools may challenge the market growth.
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The disaster recovery-as-a-service (DRaaS) market covers the following areas:
Disaster Recovery-as-a-Service (DRaaS) Market Sizing
Disaster Recovery-as-a-Service (DRaaS) Market Forecast
Disaster Recovery-as-a-Service (DRaaS) Market Analysis
Driver and Challenge
Improvements in manageability and protection are driving the global disaster recovery-as-a-service (DRaaS) market share growth. DRaaS helps in continuing business operations in case of an outage. In addition, it improves the security and visibility of networks and servers with real-time activity and system health monitoring and reporting. DRaaS solutions provide full control and support manual and automatic failure. They also provide customer information on the state of health of the entire IT estate. They protect businesses from the impact of unplanned server outages. Small and medium-sized enterprises need an extra data center of their own or should be able 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.
The availability of open-source disaster recovery tools will challenge the global disaster recovery-as-a-service (DRaaS) market share growth during the forecast period. These tools help in setting up a single master backup server to multiple backup hosts over the network. Such solutions can be downloaded and run on all platforms. They are increasing in popularity in developing countries such as China and India, as many enterprises are wary of hosting their data on the cloud. Most small-scale companies cannot afford high-priced on-premises and cloud-based recovery backup solutions. As a result, they use open-source disaster recovery tools that do not require capital investments.
Key Vendors and their Offerings
The disaster recovery-as-a-service (DRaaS) market report 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. The key offerings of some of these vendors are listed below:
- Amazon.com Inc. - The company offers CloudEndure under disaster recovery as a service.
- Broadcom Inc. - The company offers CA performance management under disaster recovery as a service.
- Cisco Systems Inc. - The company offers Cisco DRaaS reference architecture to provide disaster recovery services for enterprise customer data center physical and virtual servers to a service provider's Virtual Private Cloud (VPC).
- Dell Technologies Inc. - The company offers Cloud Disaster Recovery for disaster recovery as a service.
- iland Internet Solutions - The company offers disaster recovery as a service with Veenam and Zerto.
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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 | USD 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 |
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 future consumer dynamics, market condition analysis for forecast period, |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
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
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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