Disaster recovery as a Service, also known as DRaaS, is a cloud-based service which protects companies from losing their critical data at the time of an eventuality. It is a process in which physical or virtual servers are hosted and replicated by an outside entity in order to provide backup process, where functions of a system are assumed by secondary system components as primary components become inaccessible, in the case of any hazard. Disaster Recovery as a Service strives to reduce downtime as well as any disruptions caused to the client, customers and other stakeholders of a business in the event of disasters. Disaster Recovery Services solutions provide more than data recovery protection services as they can replicate various infrastructures and applications of business processes in the organization and ensure optimum continuity of operations of a business. DRaas, for data recovery, can be employed in every organization whether it is small, medium or large without having any requirement of necessary expertise to configure and monitor a disaster recovery plan.
This report contains market size and forecasts of Disaster Recovery-as-a-Service (DRaaS) in Global, including the following market information:
Global Disaster Recovery-as-a-Service (DRaaS) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Disaster Recovery-as-a-Service (DRaaS) market was valued at 6131.1 million in 2021 and is projected to reach US$ 12190 million by 2028, at a CAGR of 10.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Premises-to-Cloud Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Disaster Recovery-as-a-Service (DRaaS) include Prosoft, Seagate US, KLDiscovery Ontrack, DriveSavers, Gillware, SalvageData, Dell, Lenovo and Secure Data, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Disaster Recovery-as-a-Service (DRaaS) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Disaster Recovery-as-a-Service (DRaaS) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Disaster Recovery-as-a-Service (DRaaS) Market Segment Percentages, by Type, 2021 (%)
Premises-to-Cloud
Cloud-to-Cloud
Global Disaster Recovery-as-a-Service (DRaaS) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Disaster Recovery-as-a-Service (DRaaS) Market Segment Percentages, by Application, 2021 (%)
Government
Retail
Communication and Technology
Healthcare
BFSI
Manufacturing
Others
Global Disaster Recovery-as-a-Service (DRaaS) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Disaster Recovery-as-a-Service (DRaaS) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Disaster Recovery-as-a-Service (DRaaS) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Disaster Recovery-as-a-Service (DRaaS) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Prosoft
Seagate US
KLDiscovery Ontrack
DriveSavers
Gillware
SalvageData
Dell
Lenovo
Secure Data
WeRecoverData
Disk Doctors
Stellar Information Technology
Datarecovery
Data Recovery Group
Advanced Data Recovery
Intelli Recovery
The Data Recovery Geeks
ACS Forensics
Datlabs