U.K. Disaster Recovery As A Service Market Size & Outlook
The disaster recovery as a service market in the UK is expected to reach a projected revenue of US$ 4,453.6 million by 2030. A compound annual growth rate of 24.7% is expected of the UK disaster recovery as a service market from 2024 to 2030.
UK disaster recovery as a service market highlights
The UK disaster recovery as a service market generated a revenue of USD 952.4 million in 2023 and is expected to reach USD 4,453.6 million by 2030.
The UK market is expected to grow at a CAGR of 24.7% 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 952.4 million
Market revenue in 2030
USD 4,453.6 million
Growth rate
24.7% (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, UK accounted for 6.9% 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 Europe, UK disaster recovery as a service market is projected to lead the regional market in terms of revenue in 2030.
France is the fastest growing regional market in Europe and is projected to reach USD 2,742.0 million by 2030.
The U.K. is undergoing a Brexit-related trend in which organizations are looking for DRaaS solutions that offer data sovereignty within the country's boundaries. It is especially critical considering post Brexit data rules.
There is a rising trend in the United Kingdom towards implementing DRaaS with smart city programs. It entails incorporating disaster recovery capabilities into important urban infrastructure, ensuring that critical services continue to operate during interruptions.
U.K. 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 U.K. 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.
The U.K. is undergoing a Brexit-related trend in which organizations are looking for DRaaS solutions that offer data sovereignty within the country's boundaries. It is especially critical considering post Brexit data rules.
There is a rising trend in the United Kingdom towards implementing DRaaS with smart city programs. It entails incorporating disaster recovery capabilities into important urban infrastructure, ensuring that critical services continue to operate during interruptions.
U.K. 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
U.K. Disaster Recovery As A Service Market Deployment Outlook (Revenue, USD Million , 2017-2030)
Public Cloud
Private Cloud
Hybrid Cloud
U.K. 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 U.K. Disaster Recovery As A Service Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.K. Disaster Recovery As A Service Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
U.K. Disaster Recovery As A Service Market, 2017-2030 (US$M)