Protection of data from various disasters has become a crucial practice over the period. Disaster recovery as a service (DRaaS) helps securing business/organizational data from any losses occurring from natural or human failure. Increasing focus on disaster recovery backup plans has led private business as well as government organizations to consider DRaaS as a viable solution over traditional disaster recovery plans. DRaaS is designed specifically to enable organizations to create a total data backup that ensures business continuation in case of system failure. It is a third-party service that uses on-premise as well as cloud resources of the client organizations to replicate applications and vital data.

With growing digital transformation, data has become the most vital corporate asset in private as well as government organizations. Due to increasing importance of data, related recovery services have demonstrated immense growth over the period of time. Apart from digitalization, industrial automation and virtualization have come into existence thereby driving the demand for related data maintenance services. With continually increasing volume of data coupled with concerns related to its maintenance, the demand for DRaaS is bound to remain strong over the forecast period. Moreover, due to growing need for disaster recovery owing to bring your own device (BYOD) adversity, disruptive form of cloud storage have spurred the adoption of DRaaS since last few years.

North America leads the overall DRaaS market worldwide with the U.S. holding the largest share in overall DRaaS market. High threat of data loss coupled with substantial expenditure over recovery management systems are the prime factors driving the DRaaS market growth here. With highly competitive DRaaS market in North America, leading players are acquiring new vendors to expand the reach and ensure competitive position in the market.

For instance, in 2018, Veeam Software acquired N2W Software, Inc., a disaster recovery and enterprise backup provider for Amazon Web Services (AWS). The acquisition ensures business continuity for AWS workloads and expands the reach of Veeam Software. Further, with expanding IT sector in the region, Asia Pacific is accounted to emerge as the fastest growing market over the forecast period.

Market Dynamics

DRIVERS

• Need to lower TCO, save time, and allow IT teams to shift focus to higher-value tasks                               
• Increased need for data security and scalability
• Rise in DRaaS utilization to mitigate the risk of cyberattacks on data centers
• Increased need for business continuity across SMEs

         
RESTRAINTS

• Concerns over dependency on service providers
• Reluctance of enterprises toward the adoption of cloud-based DR over traditional methods

OPPORTUNITIES

• Rise in the adoption of cloud due to the COVID-19 pandemic
• Emergence of AI and ML in DRaaS solutions to strengthen the DR strategies of enterprises

CHALLENGES

• Difficulty in achieving security and compliance in cloud environments
• Potential performance issues with applications running in the cloud and bandwidth challenges

Key players identified in disaster recovery as a service (DRaaS) market include but are not limited to: 

Microsoft, IBM Corporation, VMware, Inc., Amazon Web Self-Service, Inc., Acronis International GmbH, iland, Sungard Availability Self-Service LP, Axcient, Unitrends, Infrascale, Inc., Cloudian, Nutanix, Carbonite, Inc., phoenixNAP, Recovery Point Systems, Inc. and Others.

Recent Developments:

• May 2025: Broadcom, a leading provider of semiconductor and infrastructure software solutions, entered into an agreement to acquire VMware. The combined solutions would enable customers, including leaders in all industry verticals, greater choice, and flexibility to build, run, manage, connect, and protect applications at scale across diversified, distributed environments.
• January 2025: iland was acquired by 11:11 Systems, a managed infrastructure solutions provider. 11:11 would leverage iland’s Secure Cloud Console natively, combining deep-layered security, predictive analytics, and compliance to deliver visibility and ease of management across all its cloud services.
• June 2020: Microsoft partnered with Wipro and Citrix. The partnership was intended to enable customers to continue their businesses in the work-from-home scenario. The companies aimed to offer a combined solution that enables the fast and easy deployment of secure and reliable digital workspaces.
• January 2020: Recovery Point launched a new low-cost object storage solution, z/Archive, using Transparent Cloud Tiering from IBM. It allows clients to create point-in-time snapshots of data on their systems and then copy and store that data in the RPS cloud.
• December 2019: IBM collaborated with Hitit to expand its footprint in travel and hospitality industry verticals with its on-premises data center for resiliency and DR solutions. Under this partnership, IBM designed a hybrid cloud strategy planned to guarantee the continuous availability of critical applications and uninterrupted services for Hitit’s clients, including 27 major airlines in 19 countries, travel agencies, and ground handling companies.

Historical & Forecast Period

This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Disaster Recovery As A Service (DRaaS) market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Disaster Recovery As A Service (DRaaS) market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Disaster Recovery As A Service (DRaaS) market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2033.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Disaster Recovery As A Service (DRaaS) market?
• Which is the largest regional market for Disaster Recovery As A Service (DRaaS) market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Disaster Recovery As A Service (DRaaS) market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Disaster Recovery As A Service (DRaaS) market worldwide?