North America Disaster Recovery As A Service Market Size & Outlook
North America Disaster Recovery As A Service Market, 2017-2030 (US$M)
Global Market
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North America disaster recovery as a service market highlights
- The North America disaster recovery as a service market generated a revenue of USD 4,712.3 million in 2023.
- The market is expected to grow at a CAGR of 25.6% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 4,712.3 million |
| Market revenue in 2030 | USD 23,171.9 million |
| Growth rate | 25.6% (CAGR from 2023 to 2030) |
| Largest segment | Recovery & backup services |
| Fastest growing segment | Real-time Replication Services |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 34.1% of the global disaster recovery as a service market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 20,746.6 million by 2030.
One significant trend in North America, particularly in the United States and Canada, is using artificial intelligence (AI) and machine learning in DRaaS systems. AI algorithms are used by businesses to analyze historical data, forecast future crises, and automate recovery operations.
Another rising trend in DRaaS platforms is containerization and microservices architecture. It is especially noticeable in the United States and Canada, where firms break down applications into smaller, more manageable components.
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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 |
North 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 45.4% in 2023.
Horizon Databook has segmented the North 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.
One significant trend in North America, particularly in the United States and Canada, is using artificial intelligence (AI) and machine learning in DRaaS systems. AI algorithms are used by businesses to analyze historical data, forecast future crises, and automate recovery operations.
Another rising trend in DRaaS platforms is containerization and microservices architecture. It is especially noticeable in the United States and Canada, where firms break down applications into smaller, more manageable components.
- North 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
- North America Disaster Recovery As A Service Market Deployment Outlook (Revenue, USD Million , 2017-2030)
- Public Cloud
- Private Cloud
- Hybrid Cloud
- North 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 continent-level data and insights on the North America Disaster Recovery As A Service Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Disaster Recovery As A Service Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
North America Disaster Recovery As A Service Market, 2017-2030 (US$M)
North America disaster recovery as a service market statistics, by service type, 2017-2030 (US$M)
