Mexico - Latin America Disaster Recovery As A Service Market Size & Outlook
Mexico - Latin America Disaster Recovery As A Service Market, 2017-2030 (US$M)
Global Market
Related Markets
Mexico disaster recovery as a service market highlights
- The Mexico disaster recovery as a service market generated a revenue of USD 294.4 million in 2023 and is expected to reach USD 1,042.8 million by 2030.
- The Mexico market is expected to grow at a CAGR of 19.8% 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 294.4 million |
| Market revenue in 2030 | USD 1,042.8 million |
| Growth rate | 19.8% (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, Mexico accounted for 2.1% 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 Latin America, Brazil disaster recovery as a service market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,727.6 million by 2030.
Mexico is susceptible to earthquakes, hurricanes, floods, and other natural disasters. Disaster recovery services provide protection against data loss and system downtime caused by these events. Additionally, With the rising threat of cyberattacks, including ransomware and data breaches, having a robust disaster recovery plan is essential to recover data and operations swiftly.
Cloud computing is gaining popularity in Mexico as companies of various sizes seek to lower their IT expenses and enhance operational flexibility. Disaster Recovery-as-a-Service (DRaaS) seamlessly integrates with cloud-based setups, enabling organizations to store and recover their data and IT systems within the cloud.
Additionally, Mexico is among Latin America's most frequently targeted countries for cyberattacks. In 2021, the nation witnessed a substantial surge in cyberattacks, particularly ransomware incidents. DRaaS can be pivotal in shielding businesses from ransomware threats by furnishing a secure cloud-based backup platform for their data.
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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 |
Mexico - Latin America 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 45.38% in 2023.
Horizon Databook has segmented the Mexico - Latin America 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.
Mexico is susceptible to earthquakes, hurricanes, floods, and other natural disasters. Disaster recovery services provide protection against data loss and system downtime caused by these events. Additionally, With the rising threat of cyberattacks, including ransomware and data breaches, having a robust disaster recovery plan is essential to recover data and operations swiftly.
Cloud computing is gaining popularity in Mexico as companies of various sizes seek to lower their IT expenses and enhance operational flexibility. Disaster Recovery-as-a-Service (DRaaS) seamlessly integrates with cloud-based setups, enabling organizations to store and recover their data and IT systems within the cloud.
Additionally, Mexico is among Latin America's most frequently targeted countries for cyberattacks. In 2021, the nation witnessed a substantial surge in cyberattacks, particularly ransomware incidents. DRaaS can be pivotal in shielding businesses from ransomware threats by furnishing a secure cloud-based backup platform for their data.
- Mexico - Latin America 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
- Mexico - Latin America Disaster Recovery As A Service Market Deployment Outlook (Revenue, USD Million , 2017-2030)
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Mexico - Latin America 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 Mexico - Latin America Disaster Recovery As A Service Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - Latin America Disaster Recovery As A Service Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - Latin America Disaster Recovery As A Service Market, 2017-2030 (US$M)
Mexico disaster recovery as a service market statistics, by service type, 2017-2030 (US$M)
