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South Korea Cloud Disaster Recovery and Backup Market Size | 2019-2032

South Korea Cloud Disaster Recovery and Backup Market Analysis, Size, and Forecast by Type, Deployment Model, Industry, and Organization Size: 2019-2032

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: CCT15530  | Publication: July 2024  |  US$545  |  

South Korea Cloud Disaster Recovery and Backup Market Growth and Performance

South Korea Cloud Disaster Recovery and Backup Market

  • It's evident that the South Korea cloud disaster recovery and backup market is on track to reach an impressive US$ 1.60 Billion in revenue by 2032.
  • This growth trajectory is underpinned by an expected Compound Annual Growth Rate (CAGR) of 14.2% from 2024 to 2032, as forecasted by DataCube Research.
  • When analysing the dynamics within South Korean cloud disaster recovery and backup market landscape, it becomes apparent that the cloud backup as a service market segment carries significant potential. Projections suggest that by 2032, this segment will assert its dominance, boasting a market value of US$ 899.6 Million.
  • Looking ahead, industry experts are optimistic about the future of the healthcare sector. Throughout the forecast period, this sector is anticipated to undergo the most rapid expansion in terms of revenue generation, with a 15.4% CAGR.

South Korea Cloud Disaster Recovery and Backup Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Type

Cloud Disaster Recovery as a Service Market

Cloud Backup as a Service Market

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
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