Canada Disaster Recovery As A Service Market Size & Outlook
Canada Disaster Recovery As A Service Market, 2017-2030 (US$M)
Global Market
Related Markets
Canada disaster recovery as a service market highlights
- The Canada disaster recovery as a service market generated a revenue of USD 1,180.9 million in 2023 and is expected to reach USD 7,863.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 31.1% from 2024 to 2030.
- In terms of segment, recovery & backup services was the largest revenue generating service type in 2023.
- Real-time Replication Services is the most lucrative service type segment registering the fastest growth during the forecast period.
Disaster recovery as a service market data book summary
| Market revenue in 2023 | USD 1,180.9 million |
| Market revenue in 2030 | USD 7,863.0 million |
| Growth rate | 31.1% (CAGR from 2023 to 2030) |
| Largest segment | Recovery & backup services |
| Fastest growing segment | Real-time Replication Services |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Recovery & Backup Services, Data Protection Services, Real-time Replication Services, Professional Services |
| Key market players worldwide | Amazon.com Inc, International Business Machines Corp, Microsoft Corp, VMware, Acronis, InterVision Systems, Infrascale, Recovery Point, Sungard Availability Services, TierPoint |
Other key industry trends
- In terms of revenue, Canada accounted for 8.5% of the global disaster recovery as a service market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. disaster recovery as a service market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 7,863.0 million by 2030.
Environmental sustainability is a key theme in Canada. DRaaS providers increasingly focus on green data centers, renewable energy sources, and energy-efficient technologies to combine disaster recovery efforts with environmentally responsible practices.
Businesses in Canada are increasingly choosing hybrid cloud DRaaS solutions to achieve a compromise between on-premises control and cloud scalability. Due to the increase in remote work, Canadian businesses now prioritize DRaaS solutions that guarantee remote workers have access to vital data and apps.
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Disaster Recovery As A Service Market Scope
Disaster Recovery As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amazon.com Inc | View profile | 1,525,000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | www.amazon.com |
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| VMware | View profile | 10001+ | Palo Alto, California, United States, North America | www.vmware.com |
| Acronis | View profile | 1001-5000 | Schaffhausen, Schaffhausen, Switzerland, Europe | www.acronis.com/ |
| InterVision Systems | View profile | 101-250 | Santa Clara, California, United States, North America | www.intervision.com |
| Infrascale | View profile | 101-250 | Reston, Virginia, United States, North America | www.infrascale.com |
| Recovery Point | View profile | 101-250 | Gaithersburg, Maryland, United States, North America | www.recoverypoint.com/ |
| Sungard Availability Services | View profile | 1001-5000 | Wayne, Pennsylvania, United States, North America | www.sungardas.com |
| TierPoint | View profile | 501-1000 | St Louis, Missouri, United States, North America | www.tierpoint.com |
Canada Disaster Recovery As A Service Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Disaster Recovery As A Service Market Outlook will help companies and investors design strategic landscapes.
Recovery & Backup Services was the largest segment with a revenue share of 45.4% in 2023.
Horizon Databook has segmented the Canada disaster recovery as a service market based on recovery & backup services, data protection services, real-time replication services, professional services covering the revenue growth of each sub-segment from 2017 to 2030.
Environmental sustainability is a key theme in Canada. DRaaS providers increasingly focus on green data centers, renewable energy sources, and energy-efficient technologies to combine disaster recovery efforts with environmentally responsible practices.
Businesses in Canada are increasingly choosing hybrid cloud DRaaS solutions to achieve a compromise between on-premises control and cloud scalability. Due to the increase in remote work, Canadian businesses now prioritize DRaaS solutions that guarantee remote workers have access to vital data and apps.
- Canada Disaster Recovery As A Service Market Service Type Outlook (Revenue, USD Million , 2017-2030)
- Recovery & Backup Services
- Data Protection Services
- Real-time Replication Services
- Professional Services
- Canada Disaster Recovery As A Service Market Deployment Outlook (Revenue, USD Million , 2017-2030)
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Canada Disaster Recovery As A Service Market End Use Outlook (Revenue, USD Million , 2017-2030)
- BFSI
- IT & Telecommunication
- Retail & Consumer Goods
- Government
- Healthcare
- Media & Entertainment
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Disaster Recovery As A Service Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Disaster Recovery As A Service Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Canada Disaster Recovery As A Service Market, 2017-2030 (US$M)
Canada disaster recovery as a service market statistics, by service type, 2017-2030 (US$M)
