South Africa Disaster Recovery As A Service Market Size & Outlook
South Africa disaster recovery as a service market, 2017-2030 (US$M)
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South Africa disaster recovery as a service market highlights
- The South Africa disaster recovery as a service market generated a revenue of USD 313.8 million in 2023 and is expected to reach USD 1,718.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 27.5% 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 313.8 million |
| Market revenue in 2030 | USD 1,718.3 million |
| Growth rate | 27.5% (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, South Africa accounted for 2.3% 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 Middle East & Africa, Saudi Arabia disaster recovery as a service market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 3,218.4 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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South Africa 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 45.38% in 2023. Horizon Databook has segmented the South Africa 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.
Data recovery services in the IT and communication sector in South Africa play a crucial role in helping businesses and individuals retrieve lost or corrupted data. These services are in high demand due to the reliance on digital data and the potential for data loss through various causes, such as hardware failures, software issues, accidental deletion, and cyberattacks.
Additionally, South Africa is experiencing rapid digitalization across various industries, including IT and communication. This digital transformation has led to an increased reliance on data, making data recovery services essential.
As the IT and communication sectors in South Africa continue to evolve and expand, the demand for data recovery services is expected to grow. Organizations are recognizing the importance of protecting their digital assets and ensuring quick data recovery in case of unexpected data loss.
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Target buyers of South Africa 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 South Africa disaster recovery as a service market , including forecasts for subscribers. This country databook contains high-level insights into South Africa disaster recovery as a service market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa disaster recovery as a service market size, by service type, 2017-2030 (US$M)
South Africa Disaster Recovery As A Service Market Outlook Share, 2023 & 2030 (US$M)
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