Market revenue in 2023 | USD 294.4 million |
Market revenue in 2030 | USD 1,042.8 million |
Growth rate | 19.8% (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 |
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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 45.38% in 2023. Horizon Databook has segmented the Mexico 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.
Mexico is susceptible to earthquakes, hurricanes, floods, and other natural disasters. Disaster recovery services provide protection against data loss and system downtime caused by these events. Additionally, With the rising threat of cyberattacks, including ransomware and data breaches, having a robust disaster recovery plan is essential to recover data and operations swiftly.
Cloud computing is gaining popularity in Mexico as companies of various sizes seek to lower their IT expenses and enhance operational flexibility. Disaster Recovery-as-a-Service (DRaaS) seamlessly integrates with cloud-based setups, enabling organizations to store and recover their data and IT systems within the cloud.
Additionally, Mexico is among Latin America's most frequently targeted countries for cyberattacks. In 2021, the nation witnessed a substantial surge in cyberattacks, particularly ransomware incidents. DRaaS can be pivotal in shielding businesses from ransomware threats by furnishing a secure cloud-based backup platform for their data.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico disaster recovery as a service market , including forecasts for subscribers. This country databook contains high-level insights into Mexico disaster recovery as a service market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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