Canada Disaster Recovery As A Service Market Size & Outlook
Canada disaster recovery as a service market, 2017-2030 (US$M)
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Canada disaster recovery as a service market highlights
- The Canada disaster recovery as a service market generated a revenue of USD 1,180.9 million in 2023 and is expected to reach USD 7,863.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 31.1% 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 1,180.9 million |
| Market revenue in 2030 | USD 7,863.0 million |
| Growth rate | 31.1% (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, Canada accounted for 8.5% 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 North America, U.S. disaster recovery as a service market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 7,863.0 million by 2030.
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Disaster Recovery As A Service Market Scope
Disaster Recovery As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 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 Canada 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.
Environmental sustainability is a key theme in Canada. DRaaS providers increasingly focus on green data centers, renewable energy sources, and energy-efficient technologies to combine disaster recovery efforts with environmentally responsible practices.
Businesses in Canada are increasingly choosing hybrid cloud DRaaS solutions to achieve a compromise between on-premises control and cloud scalability. Due to the increase in remote work, Canadian businesses now prioritize DRaaS solutions that guarantee remote workers have access to vital data and apps.
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Target buyers of Canada disaster recovery as a service market databook
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Our clientele includes a mix of disaster recovery as a service market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada disaster recovery as a service market , including forecasts for subscribers. This country databook contains high-level insights into Canada disaster recovery as a service market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada disaster recovery as a service market size, by service type, 2017-2030 (US$M)
Canada Disaster Recovery As A Service Market Outlook Share, 2023 & 2030 (US$M)
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