India Disaster Recovery As A Service Market Size & Outlook
India disaster recovery as a service market, 2017-2030 (US$M)
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India disaster recovery as a service market highlights
- The India disaster recovery as a service market generated a revenue of USD 592.6 million in 2023 and is expected to reach USD 4,807.6 million by 2030.
- The India market is expected to grow at a CAGR of 34.9% 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 592.6 million |
| Market revenue in 2030 | USD 4,807.6 million |
| Growth rate | 34.9% (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, India accounted for 4.3% 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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India 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 India 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.
One key development in India's DRaaS business is alignment with the government's Digital India ambitions. The Indian government is aggressively encouraging digitalization and data security, driving the use of DRaaS solutions. These solutions are frequently selected to fulfill regulatory criteria and comply with the larger national vision for digitization and data protection.
This tendency emphasizes the government's role in shaping India's catastrophe recovery environment. India is seeing a significant increase in DRaaS use among small and medium-sized organizations (SMEs). SMEs understand the need for scalable, flexible, cost-effective disaster recovery solutions.
This trend is critical for ensuring business continuity among smaller firms and represents India's requirements and goals. India's data privacy rules are driving the trend of data sovereignty and compliance within DRaaS systems.
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Target buyers of India 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 India disaster recovery as a service market , including forecasts for subscribers. This country databook contains high-level insights into India disaster recovery as a service market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India disaster recovery as a service market size, by service type, 2017-2030 (US$M)
India Disaster Recovery As A Service Market Outlook Share, 2023 & 2030 (US$M)
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