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Disaster Recovery as a Service (DRaaS) Market Size, Company Revenue Share, Key Drivers & Trend Analysis, 2020–2028

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The global Disaster Recovery as a Service (DRaaS) market is forecast to reach USD 25.29 Billion by 2028, according to a new report by Reports and Data.

The global Disaster Recovery as a Service (DRaaS) market is forecast to reach USD 25.29 Billion by 2028, according to a new report by Reports and Data. Disaster recovery as a service (DRaaS) is a backup service and cloud computing model that uses the resources of the cloud to protect data and applications from the disruption caused by disaster. DRaaS provides an organization a backup system that permits business continuity in case of any system failure.

DRaaS is also known as business continuity as a service (BCaaS) and is offered with a business continuity plan (BCP) or disaster recovery plan (DRP). DRaaS ensures complete replication and backup of all cloud data while serving as a secondary infrastructure. It allows an organization to continue with daily business processes while the existing one undergoes repair. DRaaS permits these applications to run on virtual machines without any real disaster.

North America led the market with a share of 32.1% in the year 2026. The United States has been at the forefront as an early adopter for the latest technologies and software to manage customer care. The region dominated the global market owing to the high awareness and high demand for the implementation of the recovery-as-a-service providers.

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Further key findings from the report suggest

  • The backup and recovery segment dominated the service type segment, as it is cost-effective, secure, reliable, automated, and scalable solutions to enterprises and ensure the continuation of business in case of an event. The segment held a market share of 38.7% in the year 2018.
  • Small and medium-sized enterprises held a market share of 33.2% in the year 2026. Most of the SMEs are unable to afford the IT infrastructure needed to safeguard their data. They are quickly adopting the DRaaS cloud computing model to help ensure the safety of their data.
  • The emergence of public cloud has brought several advantages to both business and IT, including lower innovation costs, better usage of flexible capital expenditure and resources. They are true for crafting a disaster recovery strategy for the enterprise. Public cloud vendors like Microsoft Azure, Amazon, and Google Cloud offer DRaaS through partners and may also offer on their own.
  • The key advantage of cloud-based DRaaS is its capability to quickly failover applications, reconnect users via Remote Desktop Protocol (RDP) or VPN, and orchestrate failback to rebuild servers in the customer data center. Cloud Service Providers is forecasted to grow with a CAGR of 42.1% during the forecast period.
  • The market for Disaster as a Service (DRaaS) has witnessed maximum adoption from the BFSI segment. One of the advantages of DRaaS in the BFSI sector is that they don’t have to maintain their own data center. Customer relations are crucial and providing uninterrupted services gains loyal clientele. Preparedness in case of a disaster is crucial for the bank’s daily operations, brand loyalty, and retention.
  • The Asia Pacific is forecasted to grow with a CAGR of 42.2% during the forecast period. The emerging trend of startups and enterprises going digital is one of the driving factors of the market in the region. High growth in countries such as China and Japan are also propelling market growth.
  • Key participants Bluelock, IBM, lland, Microsoft, Infrascale, NTT Communications, Tierpoint, Amazon Web Services, Acronis, and Sungard AS, among others.

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Market Segmentation:

The global Disaster Recovery as a Service (DRaaS) market report covers a detailed analysis of the market segmentation to provide key insights into the scope of the market expansion. The global Disaster Recovery as a Service (DRaaS) market has been segregated on the basis of product types, applications, end-users, and key regions of the industry.

Service Type Outlook (Revenue: USD Billion; 2018-2028)

  • Backup and Recovery
  • Data Protection
  • Real-Time Replication
  • Professional Services

Service Provider Outlook (Revenue: USD Billion; 2018-2028)

  • Managed Service Providers
  • Cloud Service Providers
  • Telecommunications Service Providers
  • Others

Organization Size Outlook (Revenue: USD Billion; 2018-2028)

  • Small and Medium enterprises
  • Large Enterprises

Deployment Mode Outlook (Revenue: USD Billion; 2018-2028)

  • Private Cloud
  • Public Cloud
  • Hybrid Cloud

Industry Vertical Outlook (Revenue: USD Billion; 2018-2028)

  • BFSI
  • Media and Entertainment
  • Retail and Consumer Goods
  • Manufacturing
  • Healthcare
  • IT and Telecommunications
  • Government and Public Sector

Regional Analysis:

The regional bifurcation of the Disaster Recovery as a Service (DRaaS) market report is a comprehensive segment that covers a thorough analysis of the market dynamics and offers critical insights on import/export ratio, supply and demand dynamics, revenue share, market size, market share, industry analysis, production and consumption patterns, and the current and emerging trends of each region. The report also offers a country-wise analysis to confer a better understanding of the market.

The prominent geographical regions of the market include:

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Competitive Landscape:

The global Disaster Recovery as a Service (DRaaS) market report covers a comprehensive overview of the market’s competitive landscape, providing a detailed analysis of the company profile, product portfolio, market position, global network, revenue share, profit margins, technological and product advancements, and SWOT analysis of each player. The report also provides extensive insights into strategic business expansions such as mergers acquisitions, collaborations, corporate deals, distribution partnerships, and product launches, among others.

Key Highlights from the Report:

  • Detailed overview of the Disaster Recovery as a Service (DRaaS) market in the forecast years
  • Accurate estimation through in-depth analysis of key market trends and features
  • Extensive regional analysis and insights regarding the regions projected to exhibit lucrative growth
  • Comprehensive analysis of the competitive landscape
  • Study of the recent development and trends in the market

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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