China Disaster Recovery As A Service Market Size & Outlook
China disaster recovery as a service market, 2017-2030 (US$M)
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China disaster recovery as a service market highlights
- The China disaster recovery as a service market generated a revenue of USD 1,124.0 million in 2023 and is expected to reach USD 6,323.1 million by 2030.
- The China market is expected to grow at a CAGR of 28% 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 1,124.0 million |
| Market revenue in 2030 | USD 6,323.1 million |
| Growth rate | 28% (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, China accounted for 8.1% 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 Asia Pacific, China disaster recovery as a service market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,842.8 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 |
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China 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 45.39% in 2023. Horizon Databook has segmented the China 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.
China is seeing an increase in the adoption of hybrid cloud DRaaS solutions. Businesses are attempting to strike a compromise between the necessity for data redundancy and availability and the flexibility and scalability of cloud infrastructure.
The demand for a robust disaster recovery approach that includes on-premises and cloud-based solutions is reflected in this trend. Chinese organizations are at the forefront of incorporating artificial intelligence (AI) and machine learning into their DRaaS plans for predictive analysis and automation.
This approach entails using artificial intelligence algorithms to anticipate probable catastrophic scenarios, optimize resource allocation, and automate recovery operations. It highlights the country's dedication to remaining ahead of the technological curve and improving disaster recovery readiness through advanced analytics and automation.
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Target buyers of China 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 China disaster recovery as a service market , including forecasts for subscribers. This country databook contains high-level insights into China disaster recovery as a service market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China disaster recovery as a service market size, by service type, 2017-2030 (US$M)
China Disaster Recovery As A Service Market Outlook Share, 2023 & 2030 (US$M)
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