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

North America 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, Compliance and Certification, and Region: Statistics | 2019-2032

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: CCT15464  | Publication: July 2024  |  US$925  |  

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

North America Cloud Disaster Recovery as a Service Market

  • In 2023, the cloud disaster recovery as a service market size in North America hit US$ 5.68 Billion, representing a 13.4% year-on-year growth.
  • Among the various segments, the managed draas segment dominated with a market value of US$ 2.93 Billion in the same year.
  • Regionally, it was noteworthy that the cloud disaster recovery as a service market in the United States led in terms of revenue generation, with a considerable amount of US$ 5.29 Billion in 2023.
  • Among the diverse end users, BFSI was the largest end-user vertical in terms of spending in the North American cloud DRaaS industry in 2023.

North America 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

 

North America Cloud Disaster Recovery as a Service Industry: Regional Coverage

 

Countries

North America

US

Canada

Mexico
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