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Publication: July 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: CCT15487 
  Pages: 400+  

Global Cloud Disaster Recovery and Backup Market Size and Forecast by Type, Deployment Model, Industry, Organization Size, and Region: Statistics | 2019-2032

Report Format: PDF DataSheet |   Pages: 400+  

 July 2024  | 

Cloud Disaster Recovery and Backup Market Growth and Performance

Key Takeaways:

  • In 2023, the global cloud disaster recovery and backup market size reached US$ 33.21 Billion, witnessing a YoY growth of 21.6%.
  • The market is projected to experience a significant upsurge in market revenue, reaching US$ 138.02 Billion by the end of 2032.
  • In terms of growth, the global cloud disaster recovery and backup market is anticipated to expand at a CAGR of 16.8% between 2024 and 2032.
  • The cloud backup as a service market segment is projected to experience a significant upsurge in market revenue, reaching US$ 74.97 Billion by the end of 2032.
  • The cloud disaster recovery and backup market is expected to witness an absolute dollar opportunity of US$ 104.81 Billion between 2024 and 2032.
  • Among the diverse regions within this market, North America cloud disaster recovery and backup market took the lead, reaching a market value of US$ 17.48 Billion in 2023.
  • The fastest growing market among regions is Latin America, experiencing a CAGR of 27.5% between 2024 and 2032.
  • While all the leading countries are still important, US ruled as the leading market in the global cloud disaster recovery and backup industry in 2023.
  • Among the diverse end users, IT and telecom was the largest end-user vertical in terms of spending in the market in 2023.
  • The global cloud disaster recovery and backup market is mainly driven by increasing data volume, growing cybersecurity threats, the widespread adoption of cloud services

Cloud Disaster Recovery and Backup Market Scope

Analysis Period

2019-2032

  

Actual Data

2019-2023

  

Base Year

2024

  

Estimated Year

2024

  

CAGR Period

2024-2032

  
 

Research Scope

  

Type

Cloud Disaster Recovery as a Service (DRaaS) Market

  

Cloud Backup as a Service Market

  

Deployment Model

Public Clou

  

Private Clou

  

Hybrid Clou

  

Industry

IT and Telecom

  

Media and Entertainment

  

Energy and Power

  

Transportation and Logistics

  

Healthcare

  

BFSI

  

Retail

  

Manufacturing

  

Public Sector

  

Other

  

Organization Size

Large Enterprise

  

Mid Enterprise

  

Small Enterprise

  

Companies Covered

Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform (GCP), IBM Cloud, Oracle Cloud, Dell Technologies, Veeam Software, Acronis, Commvault, Zert

  
 
 
 
 

Cloud Disaster Recovery And Backup Industry: Regional Coverage

 

Regional Scope

North America

U

Canad

Mexic

Western Europe

U

German

Franc

Ital

Spai

Benelu

Nordic

Rest of Western Europ

Eastern Europe

Russi

Polan

Rest of Eastern Europ

Asia Pacific

Japa

Australi

Chin

South Kore

Indi

Malaysi

Hong Kon

Indonesi

New Zealan

Singapor

Thailan

Vietna

Philippine

Taiwa

Rest of Asia Pacifi

Latin America

Brazi

Per

Colombi

Chil

Rest of Latin Americ

MEA

Israe

South Afric

Saudi Arabi

UA

Qata

Kuwai

Oma

Bahrai

Nigeri

Keny

Turke

Rest of ME
 

Sub-Regions

ASEAN

Indonesi

Malaysi

Philippine

Thailan

 

 

 

 

 

Vietna

 

 

 

 

 

Rest of Asia Pacifi

 

 

 

 

BRICS

Brazi

Russi

Indi

Chin

South Afric

GCC

Saudi Arabi

UA

Qata

Kuwai

Oma

Bahrai


*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]