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Report overview
The global Disaster Recovery Services market was valued at US$ 9988.6 million in 2022 and is projected to reach US$ 40210 million by 2029, at a CAGR of 22.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Disaster recovery is the process of resuming normal operations following a disaster by regaining access to data, hardware, software, networking equipment, power and connectivity.
This report aims to provide a comprehensive presentation of the global market for Disaster Recovery Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Disaster Recovery Services. This report contains market size and forecasts of Disaster Recovery Services in global, including the following market information:
According to the Segmentation of types, all the market of Disaster Recovery Services can be divided as follows: Backup and Restore, Real-time Replication, Data Protection, Hosting Services and Others.The first kind need to mention is Backup and Restore, it holds a comparatively larger share in global market, which accounts for about 40% in 2019.
Disaster Recovery Services main application area is BFSI. In 2019, this sector hold a market share of about 27%. Then followed by IT which account for nearly 25%.
Microsoft, IBM, Vmware, AWS, Carbonite are the key players in the global Disaster Recovery Services market. Top 5 took up more than 33% of the global market in 2019.
From the view of region, North America have a larger consumption market share in 2019 which account for about 41% volume share. Europe hold a market value share about 27%.
We surveyed the Disaster Recovery Services 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 Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Disaster Recovery Services Market Segment Percentages, by Type, 2022 (%)
Global Disaster Recovery Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Disaster Recovery Services Market Segment Percentages, by Application, 2022 (%)
Global Disaster Recovery Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Disaster Recovery Services Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Disaster Recovery Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Disaster Recovery Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: