Cloud Disaster Recovery Solution Market size is estimated to be USD 10.5 Billion in 2024 and is expected to reach USD 26.2 Billion by 2033 at a CAGR of 10.8% from 2026 to 2033.
In 2022, the global cloud disaster recovery solution market was valued at USD 15.75 billion, with projections indicating growth to USD 41.27 billion by 2024 and USD 111.12 billion by 2032, reflecting a compound annual growth rate (CAGR) of 13.18% from 2023 to 2032. This growth is driven by the increasing adoption of cloud services, the growing need for business continuity and disaster recovery plans, and the rising incidence of cyber threats and data breaches. Regionally, North America held the largest market share in 2023, accounting for nearly 40% of the global revenue. This dominance is attributed to robust government initiatives promoting data security and the presence of major cloud service providers. Europe follows, with steady growth supported by stringent data protection regulations and a focus on digital innovation. The Asia Pacific region is anticipated to experience the fastest growth, with a CAGR of 37.7% from 2024 to 2030, driven by rapid digitalization and increased IT investments in countries like China and India.
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Microsoft
IBM
AWS
Dell
Zetta
Quorum
Commvault
Vembu
Vology
Netguru
OVHcloud
kloudr
Buchanan Technologies
HyperBDR
Zerto
Carbonite
Druva
Veritas
VMware
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Cloud Disaster Recovery Solution Market
Public Cloud
Private Cloud
Hybrid Cloud
Backup as a Service (BaaS)
Disaster Recovery as a Service (DRaaS)
Data Archiving Service
Storage as a Service (STaaS)
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
Healthcare
IT and Telecom
Banking, Financial Services, and Insurance (BFSI)
Retail
Government
Manufacturing
Education
Consumer
Business
Government
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Cloud Disaster Recovery Solution Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Cloud Disaster Recovery Solution Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cloud Disaster Recovery Solution Market, By Type
6. Global Cloud Disaster Recovery Solution Market, By Application
7. Global Cloud Disaster Recovery Solution Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Cloud Disaster Recovery Solution Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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