U.S. Disaster Recovery As A Service Market Size & Outlook
U.S. disaster recovery as a service market, 2017-2030 (US$M)
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U.S. disaster recovery as a service market highlights
- The U.S. disaster recovery as a service market generated a revenue of USD 3,531.5 million in 2023 and is expected to reach USD 15,308.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 23.3% 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 3,531.5 million |
| Market revenue in 2030 | USD 15,308.9 million |
| Growth rate | 23.3% (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, U.S. accounted for 25.6% 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 |
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U.S. 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 U.S. 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.
The U.S. is becoming increasingly concerned about ransomware assaults. One trend is adopting DRaaS solutions, specially created to counter ransomware attacks. These solutions frequently feature real-time threat detection, immutable backups, and automated recovery mechanisms to reduce data loss and disruption caused by ransomware events.
There is a noticeable trend in the U.S. towards merging DRaaS with edge computing infrastructure. Disaster recovery plans incorporate edge data centers and edge devices to quickly recover essential data and services closer to end users, decreasing latency and enhancing the user experience during outages.
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Target buyers of U.S. 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 U.S. disaster recovery as a service market , including forecasts for subscribers. This country databook contains high-level insights into U.S. disaster recovery as a service market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. disaster recovery as a service market size, by service type, 2017-2030 (US$M)
U.S. Disaster Recovery As A Service Market Outlook Share, 2023 & 2030 (US$M)
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