Product Code: ETC4428625 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Disaster Recovery as a Service (DRAAS) market in India is experiencing steady growth as organizations recognize the importance of ensuring business continuity in the face of unforeseen disruptions. DRAAS solutions offer a cost-effective and efficient way to recover and restore data and applications in the event of disasters. With businesses becoming increasingly reliant on digital operations, DRAAS is crucial for minimizing downtime and data loss. The market is driven by a combination of regulatory compliance requirements, security concerns, and the need for data protection, making it a vital component of India IT landscape.
The Disaster Recovery as a Service (DRaaS) market in India is witnessing significant growth as organizations increasingly recognize the critical importance of disaster recovery planning. The growing awareness of potential business disruptions due to natural disasters, cyberattacks, and other unforeseen events has led businesses to invest in DRaaS solutions to ensure business continuity and data security. Additionally, regulatory compliance requirements, especially in industries like finance and healthcare, are compelling companies to implement robust disaster recovery strategies. The DRaaS market is also benefiting from the increasing adoption of cloud technologies, which offer scalable and cost-effective disaster recovery solutions.
The India cloud-based contact center market faces challenges in terms of data security and compliance with data protection regulations, particularly when handling sensitive customer information. Achieving high-quality voice and video communication experiences over the cloud can be a technical hurdle. Scalability and resource allocation to meet peak customer service demands are also crucial considerations for businesses.
The COVID-19 pandemic significantly impacted India Disaster Recovery as a Service (DRaaS) market. As businesses grappled with the sudden need for remote work solutions and data security, the demand for DRaaS services surged. The pandemic highlighted the importance of robust disaster recovery plans, which drove organizations to invest in DRaaS solutions. Companies increasingly recognized the need for data backup and recovery capabilities to ensure business continuity during these uncertain times. The DRaaS market witnessed increased adoption, as enterprises focused on minimizing downtime and data loss. However, the economic downturn led some smaller businesses to cut costs, impacting their ability to invest in DRaaS services. Overall, the pandemic accelerated the adoption of DRaaS in India, but the extent of its growth depended on the specific needs and financial circumstances of businesses.
The India market for Disaster Recovery as a Service (DRaaS) has seen substantial growth in recent years. Key players in this market include major IT service providers and cloud infrastructure companies, such as Tata Consultancy Services (TCS), Wipro, IBM, and AWS. These companies offer robust DRaaS solutions that cater to the diverse needs of India businesses. With the increasing importance of data protection and business continuity, the DRaaS market is expected to continue its expansion.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India DRaaS Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India DRaaS Market Revenues & Volume, 2021 & 2031F |
3.3 India DRaaS Market - Industry Life Cycle |
3.4 India DRaaS Market - Porter's Five Forces |
3.5 India DRaaS Market Revenues & Volume Share, By Service Type , 2021 & 2031F |
3.6 India DRaaS Market Revenues & Volume Share, By Deployment Mode , 2021 & 2031F |
3.7 India DRaaS Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.8 India DRaaS Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
4 India DRaaS Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India DRaaS Market Trends |
6 India DRaaS Market, By Types |
6.1 India DRaaS Market, By Service Type |
6.1.1 Overview and Analysis |
6.1.2 India DRaaS Market Revenues & Volume, By Service Type , 2021-2031F |
6.1.3 India DRaaS Market Revenues & Volume, By Backup & Restore, 2021-2031F |
6.1.4 India DRaaS Market Revenues & Volume, By Real-Time Replication, 2021-2031F |
6.1.5 India DRaaS Market Revenues & Volume, By Data Protection, 2021-2031F |
6.1.6 India DRaaS Market Revenues & Volume, By Professional Services, 2021-2031F |
6.2 India DRaaS Market, By Deployment Mode |
6.2.1 Overview and Analysis |
6.2.2 India DRaaS Market Revenues & Volume, By Public Cloud, 2021-2031F |
6.2.3 India DRaaS Market Revenues & Volume, By Private Cloud, 2021-2031F |
6.3 India DRaaS Market, By Organization Size |
6.3.1 Overview and Analysis |
6.3.2 India DRaaS Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.3.3 India DRaaS Market Revenues & Volume, By Small & Medium Sized Enterprises, 2021-2031F |
6.4 India DRaaS Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 India DRaaS Market Revenues & Volume, By Banking, Financial Services & Insurance, 2021-2031F |
6.4.3 India DRaaS Market Revenues & Volume, By Telecommunications, 2021-2031F |
6.4.4 India DRaaS Market Revenues & Volume, By IT & ITeS, 2021-2031F |
6.4.5 India DRaaS Market Revenues & Volume, By Government & Public Sector, 2021-2031F |
6.4.6 India DRaaS Market Revenues & Volume, By Retail & Consumer Goods, 2021-2031F |
6.4.7 India DRaaS Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.8 India DRaaS Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.4.9 India DRaaS Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
7 India DRaaS Market Import-Export Trade Statistics |
7.1 India DRaaS Market Export to Major Countries |
7.2 India DRaaS Market Imports from Major Countries |
8 India DRaaS Market Key Performance Indicators |
9 India DRaaS Market - Opportunity Assessment |
9.1 India DRaaS Market Opportunity Assessment, By Service Type , 2021 & 2031F |
9.2 India DRaaS Market Opportunity Assessment, By Deployment Mode , 2021 & 2031F |
9.3 India DRaaS Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.4 India DRaaS Market Opportunity Assessment, By Vertical , 2021 & 2031F |
10 India DRaaS Market - Competitive Landscape |
10.1 India DRaaS Market Revenue Share, By Companies, 2024 |
10.2 India DRaaS Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |