Canada Cloud Disaster Recovery as a Service Market Size | 2019-2032

Canada Cloud Disaster Recovery as a Service (DRaaS) Market Size and Forecast by Service Model, Deployment Model, Industry, Organization Size, Use Case, Pricing Model, Recovery Time Objective (RTO), Recovery Point Objective (RPO), Service Provider Type, and Compliance and Certification: 2019-2032

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: CCT15462  | Publication: July 2024  |  US$925  |  

Canada Cloud Disaster Recovery as a Service (DRaaS) Market Growth and Performance

Canada Cloud Disaster Recovery as a Service Market


  • With a 16.8% year-over-year increase, the cloud disaster recovery as a service market size in Canada reached US$ 215.6 Million in 2023.
  • This projection indicates a compound annual growth rate of 20.0% during 2024 to 2032, the Canada cloud disaster recovery as a service market size reaching US$ 1.20 Billion by 2032.
  • In terms of spending, the managed draas segment is anticipated to generate the highest revenue in 2032.
  • Within the Canadian cloud DRaaS market, the BFSI sector is expected to dominate with a total revenue of US$ 244.4 Million by 2032.

Canada Cloud Disaster Recovery as a Service Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Service Model

Managed DRaaS

Self-Service DRaaS

Assisted DRaaS

Deployment Model

Public Cloud

Private Cloud

Hybrid Cloud

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises

Use Case

 Data Center Recovery

 Application Recovery

 Workload Mobility

 Virtual Machine Recovery

 File and Object Recovery

 Network Recovery

Pricing Model

Subscription-Based

Pay-As-You-Go

Usage-Based Billing

Recovery Time Objective (RTO)

Less than 1 Hour

1-4 Hours

4-12 Hours

More than 12 Hours

Recovery Point Objective (RPO)

Real-Time Recovery

Near Real-Time Recovery

Daily Recovery

Weekly Recovery

Service Provider Type

Cloud Service Providers

Managed Service Providers

Telecom Service Providers

Compliance and Certification

ISO 27001

HIPAA

SOC 2

GDPR

PCI DSS

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