DRaaS Market Forecast
                     Market Highlights 
Disaster recovery service utilizes cloud computing and storage model to protect data loss during 
downtime or failures. The global disaster recovery as a service market, as per the analysis offered 
by Market Research Future (MRFR), is likely to reach a valuation of USD 21 Bn by 2023. The market 
is anticipated to thrive at 44% CAGR over the forecast period2017 to 2023. 
Increasing investments in the adoption of IT solutions is likely to motivate the growth trajectory of 
disaster recovery as a service market over the next couple of years. In addition, it helps in the 
decision-making process and enhances efficiency of the organization. This, in turn, is expected to 
lead the expansion of the disaster recovery as a service market in the forthcoming years. 
Segmentation: 
The segments of the DRaaS market forecast, on the basis of service type, are real-time replication, 
data security, backup, professional services, training & consulting, system integration, and support 
& maintenance.  
By service provider, the global disaster recovery as a service market has been segmented into cloud 
service provider, managed service provider, and telecom & communication service provider, and 
others.  
The segmental analysis of the disaster recovery as a service market, By Deployment, covers private, 
public, and hybrid. 
By vertical, the global disaster recovery as a service market has been segmented into BFSI, 
healthcare, manufacturing, retail, media, IT & telecommunication, governments, and others. 
Regional Assessment: 
The geographical analysis of the global disaster recovery as a service market is covered in this 
MRFR report on regional and country-level basis. The regional segments profiled in this assessment 
are - North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). North America 
is, at present, leading the global market place and is poised to maintain its prominence at the 
dominant position over the next couple of years. Technological innovations and its early adoption 
are expected to drive the growth of disaster recovery as a service market in the region over the next 
couple of years. In addition, the region is set to benefit from the presence of an advanced IT 
infrastructure. Product innovation being introduced by the key players based out of the region 
prognosticated to boost market growth in the region in the forthcoming years. 
Asia Pacific is anticipated to exhibit the fastest growth rate for disaster recovery as a service market 
across the forecast period. Increasing investments in the IT industry of the region is projected to 
lead the regional segment's growth over the next few years. Also, the rising adoption of 
technological developments is anticipated to propel expansion of the disaster recovery as a service 
market over the next few years. 
Competitive Dashboard: 
Amazon Web Services (U.S.), Microsoft Corporation (U.S.), IBM Corporation (U.S.), Sungard 
Availability Services (U.S.), Cable & Wireless Communications (U.K.), VMware Inc. (U.S.), Cisco 
Systems (U.S.), Treo Information Technology (Turkey), HP Enterprises Company (U.S.), and NTT 
Communications (Japan) are few of the noted players participating in the global disaster recovery 
as a service market. These participants are estimated to contribute substantially to the 
development of the global market over the next couple of years. Investments in technological 
advancements are anticipated to boost the competition in the disaster recovery as a service market 
in the years to come. In addition, the growth strategies such as mergers & acquisitions, 
partnerships, collaborations, agreements, etc. are projected to further intensify the competition in 
the global market place in the years to come. The market is characterized by the participation of 
international as well as regional players. In order to capitalize on the developmental opportunities, 
entry of new players is expected, which is set to fuse robust competition in the market over the 
review period.