Global Disaster Recovery as a Service (DRaaS) is a cloud computing service model that allows an organization to back up its data and IT infrastructure in a third-party cloud computing environment and provides all the DR orchestration, all through a SaaS solution, to regain access and functionality to IT infrastructure. The job titles included C-Suite, VPs, Directors, and Managers responsible for Cloud, Backup, DR, and IT Infrastructure.
The Global Disaster Recovery as a Service (DRaaS) market size was valued at USD $7.26 Billion in 2021. The market is projected to grow from USD $8.93 billion in 2022, exhibiting a CAGR (Compound annual growth rate) of 6% to 9% per year, during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with Global Disaster Recovery as a Service (DRaaS) experiencing higher-than-anticipated demand across all the regions compared to pre-pandemic levels. Based on our analysis, the global market exhibited a significant growth of 9% – 12% in 2020 as compared to 2018 – 2019.
Top 10 Disaster Recovery as a Service (DRaaS) Software 2022 -2030
- VMware Site Recovery
- Azure Site Recovery by Microsoft
- Acronis Disaster Recovery Service
- Disaster Recovery as a Service by IBM
- Datto Alto DRaaS
- Veeam Replication for DRaaS
- InterVision Disaster Recovery as a Service (DRaaS)
- StorageCraft Cloud Services
- DRaaS by Oracle
- VMware vCloud Availability for vCloud Director
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