What Is the Disaster Recovery As A Service Market size?
According to 6Wresearch internal database and industry insights, the Disaster Recovery As A Service market was valued at USD 11.6 billion in 2024 and is projected to exceed USD 32.8 billion by 2031, growing at a CAGR of 12.3% during the forecast period.
This remarkable growth is being driven by the increasing reliance on cloud infrastructure, rising frequency of ransomware attacks, and the growing adoption of hybrid and remote work models, prompting enterprises to invest in scalable disaster recovery solutions.
Growth Factors of the Disaster Recovery As A Service Market
- Rising incidence of cyberattacks and data breaches across all industries
- Rapid shift to cloud-based infrastructure and virtualization
- Need for minimal downtime and high data availability in critical operations
- Increasing regulatory requirements for data protection and disaster preparedness
- Cost-effective and scalable recovery solutions appealing to SMEs
- Accelerated adoption of remote and hybrid work models
Disaster Recovery As A Service Market Trends
Disaster Recovery As A Service Market is undergoing dynamic transformation, with key trends such as AI-integrated recovery orchestration, automation-driven failover/failback systems, and increased demand for multi-cloud disaster recovery frameworks. Enterprises are increasingly prioritizing real-time replication and continuous data protection (CDP) to ensure business continuity. The integration of cyber resilience and business impact analysis within DRaaS offerings is also shaping how businesses strategize for disaster mitigation.
Emerging Developments in Disaster Recovery As A Service Market
Emerging developments in the Disaster Recovery As A Service Market include the rise of pay-as-you-go models, edge disaster recovery for decentralized systems, and advanced ransomware recovery features. Providers are embedding analytics, AI, and ML into DRaaS platforms to improve decision-making, predict outages, and optimize recovery time objectives (RTOs). Partnerships between DRaaS vendors and hyperscalers like AWS, Azure, and Google Cloud are further enhancing interoperability and global coverage.
Leading Companies in the Disaster Recovery As A Service Industry
- IBM Corporation
- Microsoft Corporation
- Amazon Web Services (AWS)
- Veeam Software
- VMware, Inc.
- Zerto (a Hewlett Packard Enterprise company)
- Acronis International GmbH
How big is the Disaster Recovery As A Service Market: FAQs
The Disaster Recovery As A Service market is forecast to surpass USD 32.8 billion by 2031.
Key drivers include rising cyber threats, demand for minimal downtime, and stringent data compliance regulations.
Leding companies include IBM Corporation, VMware, Inc., Microsoft Corporation, Amazon Web Services (AWS), and Veeam Software.
North America leads due to early cloud adoption, while Asia-Pacific is emerging rapidly owing to digital transformation.
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