The Cloud Disaster Recovery Market size was valued at USD 9.40 Bn in 2023 and is expected to reach USD 55.63 Bn by 2031, and grow at a CAGR of 24.89% over the forecast period 2024-2031.
The growth of CDR market is encouraged by organizations' heightened awareness of the financial repercussions of downtime. Even a brief outage can translate into significant revenue losses. Government initiatives are playing a crucial role. For instance, in 2023, the European Commission introduced stricter data protection regulations, mandating companies to have strong disaster recovery plans. This has pushed businesses towards cloud-based DR solutions for their compliance and security benefits. Finally, advancements in cloud technology are making the way for more scalable and accessible DR solutions. Cloud providers offer geographically dispersed data centers, ensuring redundancy and faster recovery times in the event of an outage. These factors, mixed with the growing adoption of cloud services in general, are creating a perfect storm for the Cloud DR market's continued expansion.
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Market Understanding:
An enterprise can restart operating applications by using the service provider's cloud or hybrid cloud as a backup for disaster-affected physical servers. Coming back from a calamity may be much faster, if not instantaneous. The processes and data are moved back into the physical servers once they have been recovered. When consumers' apps operate from the cloud rather than an on-site server, they may face greater latency. Even yet, the entire business cost of rest can be extremely high, thus it's vital that the company get back up and running as soon as possible.
Opti9, a hybrid cloud provider, has announced a merger with HostedBizz in order to expand its North American reach into Canada. "The opportunity to combine Opti9's skills with HostedBizz's experience of the Canadian cloud computing sector and the power of their partner ecosystem will expand the variety of conceivable services we can provide to our clients," said Opti9. For over a decade, HostedBizz has been a market leader in cloud and security solutions in Canada, and today we are excited to join forces to deliver a multifaceted, hybrid cloud capability set that provides partners and customers across North America with unprecedented scale, reach, performance, reliability, security, and value."
KEY DRIVERS:
The e uptake of cloud services in businesses.
The need for cloud computing is increasing all the time.
Cost-effectiveness and data recovery.
As more organizations leverage the cloud's agility and scalability, the need to safeguard their critical data and applications from unforeseen disruptions becomes paramount. DRaaS offers a compelling solution, enabling businesses to seamlessly restore operations in the event of disasters, be it natural catastrophes like floods or cyberattacks. This market surge signifies a growing recognition of the cloud's vulnerability and the increasing dependence on reliable disaster recovery strategies.
RESTRAINTS:
A lot of businesses aren't employing the most up-to-date technologies.
Concerns about security and technological misconceptions
Businesses do not trust the cloud since it is subject to assaults, and businesses are afraid to use it.
OPPORTUNITY:
With the passage of time, artificial intelligence and machine learning are becoming more prevalent.
Including AI in Cloud Disaster Recovery as a service can provide several benefits in terms of data recovery and security.
Integrating AI into Cloud Disaster Recovery is revolutionizing data protection and security. AI's machine learning capabilities can automate threat detection and anomaly recognition, enabling proactive mitigation of security breaches before disasters strike. Additionally, AI can analyze vast data backups, pinpointing critical information for prioritization during recovery. This streamlines restoration processes, minimizing downtime and data loss. Furthermore, AI can continuously optimize disaster recovery plans, predicting potential risks and suggesting adjustments to ensure the most efficient response.
CHALLENGES:
Security is one of the primary issues.
It holds a large quantity of data, making it a prime target for cybercriminals.
The Russia-Ukraine war will have an intense impact on Cloud Disaster Recovery (DR) market, impacting it in both positive and negative ways. On the one hand, the conflict has heightened awareness of cyber threats and physical disruptions, potentially driving demand for Cloud Disaster Recovery Market solutions by up to 20% according to industry estimates. Businesses, witnessing the vulnerability of on-premise infrastructure, are increasingly recognizing the value of cloud-based backups and failover capabilities. This surge in demand is reflected in rising CDR adoption rates, particularly in regions bordering the conflict zone.
However, the war has also introduced cost pressures. Sanctions and supply chain disruptions have led to fluctuations in cloud service pricing, with some providers adjusting costs based on data storage location and bandwidth requirements. This can make it challenging for businesses to accurately predict CDR expenses. Despite these hurdles, the long-term outlook for the Cloud DR market remains positive. The war's emphasis on business continuity is likely to translate into sustained demand for strong disaster recovery solutions, leading to continued market growth.
An economic slowdown is impacting the Cloud Disaster Recovery (CDR) market, but its impact might be surprisingly mix. While IT budgets tighten, the demand for CDR solutions is likely to dip by 5-10% in the short term. This dip reflects companies delaying non-critical disaster recovery upgrades. However, the overall need for data protection won't vanish. In fact, economic downturns can trigger a surge in cyberattacks as malicious actors exploit vulnerabilities in struggling businesses. This could lead to a rise in demand for strong, cost-effective disaster recovery solutions. Cloud providers can counter the slowdown by emphasizing the cost benefits of CDR. Cloud-based disaster recovery eliminates the need for expensive upfront investments in hardware and disaster recovery infrastructure, offering a pay-as-you-go model that aligns well with tightened budgets. By effectively communicating the value proposition of cost savings and enhanced security, cloud disaster recovery providers can navigate an economic slowdown and emerge even stronger.
MARKET SEGMENTATION ANALYSIS:
On The Basis of Service Type:
Data protection, the foundation for securing data at rest, is expected to hold the largest market share at around 35%. Real-time replication, ensuring continuous data synchronization for immediate recovery, follows closely at 30%. Backup and recovery services, crucial for restoring lost data, capture approximately 20% of the market. Finally, professional services, encompassing strategy, implementation, and ongoing support, account for the remaining 15%. These percentages highlight the critical nature of a holistic approach, where robust data protection underpins real-time replication and efficient backup and recovery, all guided by expert professional services.
On The Basis of Deployment Model:
The cloud disaster recovery market can be segmented by deployment model, with each offering distinct advantages. Private clouds hold the share of 25%, favored for their high security and control, cater to businesses handling sensitive data. Public clouds holding the share of 40%, boasting scalability and cost-effectiveness, are ideal for fluctuating workloads. Hybrid clouds holds the share of 35%, combining the strengths of both, provide flexibility and optimized resource allocation. This strategic selection ensures businesses prioritize security, scalability, or a balance between the two, ultimately shaping their disaster recovery strategy.
On The Basis of Organization Size
The Cloud Disaster Recovery market caters to businesses of all sizes, but the needs and growth potential differ. Small and Medium-Sized Enterprises (SMEs), comprising around 60% of the market, are drawn to cost-effective, self-service options with minimal upfront investment. Managed DRaaS solutions, capturing the remaining 40%, hold significant growth potential as SMEs mature and require more comprehensive support. Conversely, Large Enterprises prioritize robust recovery time objectives and secure, feature-rich platforms. Their dominance is expected to decline slightly as the market matures, but they will remain a major driver due to the complexity of their IT infrastructure and stricter compliance requirements.
On The Basis of Service Type:
Data Protection
Real-Time Replication
Backup & Recovery
Professional Services
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On The Basis of Deployment Model:
Private Cloud
Public Cloud
Hybrid Cloud
On The Basis of Organization Size:
Small & Medium-Sized Enterprises
Large Enterprises
On The Basis of Industry Vertical:
BFSI
Retail and Goods
Government and Public Sector
Manufacturing
Healthcare and Life Sciences
Media and Entertainment
Others
North America will be holding the maximum share, projected to reach a 40% of the global market share by 2031, dominated by the presence of major cloud service providers and strong government initiatives promoting data security. Europe follows closely at 30%, driven by stringent data protection regulations like GDPR. Asia-Pacific is expected to be the fastest growing region at a CAGR of over 27%, due to rapid digitization and government programs like China's "Cloud Computing Service Development Plan." These regional variations highlight the interplay between technological advancements, regulatory environments, and government support in shaping the Cloud Disaster Recovery landscape.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are International Business Machines Corporation (IBM), Microsoft Corporation, Amazon Web Services, Inc, Hewlett Packard Enterprise (HPE) Company, Dell Technologies, Inc, NTT Data Corporation, Seagate Technology Plc, Netapp, Unitrends, Inc, Cable & Wireless Communications Ltd & Other Players.
Microsoft Azure: Similar to AWS, Microsoft likely focuses on ongoing improvements to its core Azure cloud services that underpin its disaster recovery offerings like Azure Site Recovery.
IBM: In July 2022, IBM released an update to its Cloud Pak for Data (version 4.5.1) which includes features to streamline backup and disaster recovery for businesses using IBM Cloud.
VMware: In February 2022, VMware had its cloud-based disaster recovery solution validated by Otava, a leading provider of hybrid cloud solutions. This validation assures users of Otava's compatibility and expertise in deploying VMware's disaster recovery solution.
Report Attributes | Details |
Market Size in 2023 | US$ 9.40 Bn |
Market Size by 2031 | US$ 55.63 Bn |
CAGR | CAGR of 24.89% From 2024 to 2031 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • by Type (Data Protection, Real-Time Replication, Backup & Recovery, Professional Services) • by Deployment Model (Private Cloud, Public Cloud, Hybrid Cloud), by Organization Size (Small & Medium-Sized Enterprises and Large Enterprises) • by Industry Verticals (BFSI, Retail and Goods, Government and Public Sector, Manufacturing, Healthcare and Life Sciences, Media and Entertainment, Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | International Business Machines Corporation (IBM), Microsoft Corporation, Amazon Web Services, Inc, Hewlett Packard Enterprise (HPE) Company, Dell Technologies, Inc, NTT Data Corporation, Seagate Technology Plc, Netapp, Unitrends, Inc, Cable & Wireless Communications Ltd |
Key Drivers | • The e uptake of cloud services in businesses. • The need for cloud computing is increasing all the time. |
Market Opportunities | • With the passage of time, artificial intelligence and machine learning are becoming more prevalent. • Including AI in Cloud Disaster Recovery as a service can provide several benefits in terms of data recovery and security. |
Ans: The expected CAGR of the Cloud Disaster Recovery Market is 24.89% during the forecast period 2024-2031.
Ans: The market size for the Cloud Disaster Recovery Market was valued at USD 9.40 Bn in 2023.
Ans: The leading players in the Cloud Disaster Recovery Market include International Business Machines Corporation (IBM), Microsoft Corporation, Amazon Web Services, Inc, Hewlett Packard Enterprise (HPE) Company, Dell Technologies, Inc, NTT Data Corporation, Seagate Technology Plc, Netapp, Unitrends, Inc, and Cable & Wireless Communications Ltd.
Ans: North America region dominated the Cloud Disaster Recovery Market.
Ans: Cloud Disaster Recovery as a service (DRaaS) is a cloud computing solution that helps to protect apps and data from disaster-related disruption. It provides an organization with a complete system backup that ensures business continuity in the event of a technical failure.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Cloud Disaster Recovery Market Segmentation, By Service Type
9.1 Introduction
9.2 Trend Analysis
9.3 Data Protection
9.4 Real-Time Replication
9.5 Backup & Recovery
9.6 Professional Services
10. Cloud Disaster Recovery Market Segmentation, By Deployment Model
10.1 Introduction
10.2 Trend Analysis
10.3 Private Cloud
10.4 Public Cloud
10.5 Hybrid Cloud
11. Cloud Disaster Recovery Market Segmentation, By Organization Site
11.1 Introduction
11.2 Trend Analysis
11.3 SME
11.4 Large Enterprises
12. Cloud Disaster Recovery Market Segmentation, By Industry Vertical
12.1 Introduction
12.2 Trend Analysis
12.3 BFSI
12.4 Retail and Goods
12.5 Government and Public Sector
12.6 Manufacturing
12.7 Healthcare and Life Sciences
12.8 Media and Entertainment
12.9 Others
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 Trend Analysis
13.2.2 North America Cloud Disaster Recovery Market by Country
13.2.3 North America Cloud Disaster Recovery Market By Service Type
13.2.4 North America Cloud Disaster Recovery Market By Deployment Model
13.2.5 North America Cloud Disaster Recovery Market By Organization Site
13.2.6 North America Cloud Disaster Recovery Market By Industry Vertical
13.2.7 USA
13.2.7.1 USA Cloud Disaster Recovery Market By Service Type
13.2.7.2 USA Cloud Disaster Recovery Market By Deployment Model
13.2.7.3 USA Cloud Disaster Recovery Market By Organization Site
13.2.7.4 USA Cloud Disaster Recovery Market By Industry Vertical
13.2.8 Canada
13.2.8.1 Canada Cloud Disaster Recovery Market By Service Type
13.2.8.2 Canada Cloud Disaster Recovery Market By Deployment Model
13.2.8.3 Canada Cloud Disaster Recovery Market By Organization Site
13.2.8.4 Canada Cloud Disaster Recovery Market By Industry Vertical
13.2.9 Mexico
13.2.9.1 Mexico Cloud Disaster Recovery Market By Service Type
13.2.9.2 Mexico Cloud Disaster Recovery Market By Deployment Model
13.2.9.3 Mexico Cloud Disaster Recovery Market By Organization Site
13.2.9.4 Mexico Cloud Disaster Recovery Market By Industry Vertical
13.3 Europe
13.3.1 Trend Analysis
13.3.2 Eastern Europe
13.3.2.1 Eastern Europe Cloud Disaster Recovery Market by Country
13.3.2.2 Eastern Europe Cloud Disaster Recovery Market By Service Type
13.3.2.3 Eastern Europe Cloud Disaster Recovery Market By Deployment Model
13.3.2.4 Eastern Europe Cloud Disaster Recovery Market By Organization Site
13.3.2.5 Eastern Europe Cloud Disaster Recovery Market By Industry Vertical
13.3.2.6 Poland
13.3.2.6.1 Poland Cloud Disaster Recovery Market By Service Type
13.3.2.6.2 Poland Cloud Disaster Recovery Market By Deployment Model
13.3.2.6.3 Poland Cloud Disaster Recovery Market By Organization Site
13.3.2.6.4 Poland Cloud Disaster Recovery Market By Industry Vertical
13.3.2.7 Romania
13.3.2.7.1 Romania Cloud Disaster Recovery Market By Service Type
13.3.2.7.2 Romania Cloud Disaster Recovery Market By Deployment Model
13.3.2.7.3 Romania Cloud Disaster Recovery Market By Organization Site
13.3.2.7.4 Romania Cloud Disaster Recovery Market By Industry Vertical
13.3.2.8 Hungary
13.3.2.8.1 Hungary Cloud Disaster Recovery Market By Service Type
13.3.2.8.2 Hungary Cloud Disaster Recovery Market By Deployment Model
13.3.2.8.3 Hungary Cloud Disaster Recovery Market By Organization Site
13.3.2.8.4 Hungary Cloud Disaster Recovery Market By Industry Vertical
13.3.2.9 Turkey
13.3.2.9.1 Turkey Cloud Disaster Recovery Market By Service Type
13.3.2.9.2 Turkey Cloud Disaster Recovery Market By Deployment Model
13.3.2.9.3 Turkey Cloud Disaster Recovery Market By Organization Site
13.3.2.9.4 Turkey Cloud Disaster Recovery Market By Industry Vertical
13.3.2.10 Rest of Eastern Europe
13.3.2.10.1 Rest of Eastern Europe Cloud Disaster Recovery Market By Service Type
13.3.2.10.2 Rest of Eastern Europe Cloud Disaster Recovery Market By Deployment Model
13.3.2.10.3 Rest of Eastern Europe Cloud Disaster Recovery Market By Organization Site
13.3.2.10.4 Rest of Eastern Europe Cloud Disaster Recovery Market By Industry Vertical
13.3.3 Western Europe
13.3.3.1 Western Europe Cloud Disaster Recovery Market by Country
13.3.3.2 Western Europe Cloud Disaster Recovery Market By Service Type
13.3.3.3 Western Europe Cloud Disaster Recovery Market By Deployment Model
13.3.3.4 Western Europe Cloud Disaster Recovery Market By Organization Site
13.3.3.5 Western Europe Cloud Disaster Recovery Market By Industry Vertical
13.3.3.6 Germany
13.3.3.6.1 Germany Cloud Disaster Recovery Market By Service Type
13.3.3.6.2 Germany Cloud Disaster Recovery Market By Deployment Model
13.3.3.6.3 Germany Cloud Disaster Recovery Market By Organization Site
13.3.3.6.4 Germany Cloud Disaster Recovery Market By Industry Vertical
13.3.3.7 France
13.3.3.7.1 France Cloud Disaster Recovery Market By Service Type
13.3.3.7.2 France Cloud Disaster Recovery Market By Deployment Model
13.3.3.7.3 France Cloud Disaster Recovery Market By Organization Site
13.3.3.7.4 France Cloud Disaster Recovery Market By Industry Vertical
13.3.3.8 UK
13.3.3.8.1 UK Cloud Disaster Recovery Market By Service Type
13.3.3.8.2 UK Cloud Disaster Recovery Market By Deployment Model
13.3.3.8.3 UK Cloud Disaster Recovery Market By Organization Site
13.3.3.8.4 UK Cloud Disaster Recovery Market By Industry Vertical
13.3.3.9 Italy
13.3.3.9.1 Italy Cloud Disaster Recovery Market By Service Type
13.3.3.9.2 Italy Cloud Disaster Recovery Market By Deployment Model
13.3.3.9.3 Italy Cloud Disaster Recovery Market By Organization Site
13.3.3.9.4 Italy Cloud Disaster Recovery Market By Industry Vertical
13.3.3.10 Spain
13.3.3.10.1 Spain Cloud Disaster Recovery Market By Service Type
13.3.3.10.2 Spain Cloud Disaster Recovery Market By Deployment Model
13.3.3.10.3 Spain Cloud Disaster Recovery Market By Organization Site
13.3.3.10.4 Spain Cloud Disaster Recovery Market By Industry Vertical
13.3.3.11 Netherlands
13.3.3.11.1 Netherlands Cloud Disaster Recovery Market By Service Type
13.3.3.11.2 Netherlands Cloud Disaster Recovery Market By Deployment Model
13.3.3.11.3 Netherlands Cloud Disaster Recovery Market By Organization Site
13.3.3.11.4 Netherlands Cloud Disaster Recovery Market By Industry Vertical
13.3.3.12 Switzerland
13.3.3.12.1 Switzerland Cloud Disaster Recovery Market By Service Type
13.3.3.12.2 Switzerland Cloud Disaster Recovery Market By Deployment Model
13.3.3.12.3 Switzerland Cloud Disaster Recovery Market By Organization Site
13.3.3.12.4 Switzerland Cloud Disaster Recovery Market By Industry Vertical
13.3.3.13 Austria
13.3.3.13.1 Austria Cloud Disaster Recovery Market By Service Type
13.3.3.13.2 Austria Cloud Disaster Recovery Market By Deployment Model
13.3.3.13.3 Austria Cloud Disaster Recovery Market By Organization Site
13.3.3.13.4 Austria Cloud Disaster Recovery Market By Industry Vertical
13.3.3.14 Rest of Western Europe
13.3.3.14.1 Rest of Western Europe Cloud Disaster Recovery Market By Service Type
13.3.3.14.2 Rest of Western Europe Cloud Disaster Recovery Market By Deployment Model
13.3.3.14.3 Rest of Western Europe Cloud Disaster Recovery Market By Organization Site
13.3.3.14.4 Rest of Western Europe Cloud Disaster Recovery Market By Industry Vertical
13.4 Asia-Pacific
13.4.1 Trend Analysis
13.4.2 Asia-Pacific Cloud Disaster Recovery Market by Country
13.4.3 Asia-Pacific Cloud Disaster Recovery Market By Service Type
13.4.4 Asia-Pacific Cloud Disaster Recovery Market By Deployment Model
13.4.5 Asia-Pacific Cloud Disaster Recovery Market By Organization Site
13.4.6 Asia-Pacific Cloud Disaster Recovery Market By Industry Vertical
13.4.7 China
13.4.7.1 China Cloud Disaster Recovery Market By Service Type
13.4.7.2 China Cloud Disaster Recovery Market By Deployment Model
13.4.7.3 China Cloud Disaster Recovery Market By Organization Site
13.4.7.4 China Cloud Disaster Recovery Market By Industry Vertical
13.4.8 India
13.4.8.1 India Cloud Disaster Recovery Market By Service Type
13.4.8.2 India Cloud Disaster Recovery Market By Deployment Model
13.4.8.3 India Cloud Disaster Recovery Market By Organization Site
13.4.8.4 India Cloud Disaster Recovery Market By Industry Vertical
13.4.9 Japan
13.4.9.1 Japan Cloud Disaster Recovery Market By Service Type
13.4.9.2 Japan Cloud Disaster Recovery Market By Deployment Model
13.4.9.3 Japan Cloud Disaster Recovery Market By Organization Site
13.4.9.4 Japan Cloud Disaster Recovery Market By Industry Vertical
13.4.10 South Korea
13.4.10.1 South Korea Cloud Disaster Recovery Market By Service Type
13.4.10.2 South Korea Cloud Disaster Recovery Market By Deployment Model
13.4.10.3 South Korea Cloud Disaster Recovery Market By Organization Site
13.4.10.4 South Korea Cloud Disaster Recovery Market By Industry Vertical
13.4.11 Vietnam
13.4.11.1 Vietnam Cloud Disaster Recovery Market By Service Type
13.4.11.2 Vietnam Cloud Disaster Recovery Market By Deployment Model
13.4.11.3 Vietnam Cloud Disaster Recovery Market By Organization Site
13.4.11.4 Vietnam Cloud Disaster Recovery Market By Industry Vertical
13.4.12 Singapore
13.4.12.1 Singapore Cloud Disaster Recovery Market By Service Type
13.4.12.2 Singapore Cloud Disaster Recovery Market By Deployment Model
13.4.12.3 Singapore Cloud Disaster Recovery Market By Organization Site
13.4.12.4 Singapore Cloud Disaster Recovery Market By Industry Vertical
13.4.13 Australia
13.4.13.1 Australia Cloud Disaster Recovery Market By Service Type
13.4.13.2 Australia Cloud Disaster Recovery Market By Deployment Model
13.4.13.3 Australia Cloud Disaster Recovery Market By Organization Site
13.4.13.4 Australia Cloud Disaster Recovery Market By Industry Vertical
13.4.14 Rest of Asia-Pacific
13.4.14.1 Rest of Asia-Pacific Cloud Disaster Recovery Market By Service Type
13.4.14.2 Rest of Asia-Pacific Cloud Disaster Recovery Market By Deployment Model
13.4.14.3 Rest of Asia-Pacific Cloud Disaster Recovery Market By Organization Site
13.4.14.4 Rest of Asia-Pacific Cloud Disaster Recovery Market By Industry Vertical
13.5 Middle East & Africa
13.5.1 Trend Analysis
13.5.2 Middle East
13.5.2.1 Middle East Cloud Disaster Recovery Market by Country
13.5.2.2 Middle East Cloud Disaster Recovery Market By Service Type
13.5.2.3 Middle East Cloud Disaster Recovery Market By Deployment Model
13.5.2.4 Middle East Cloud Disaster Recovery Market By Organization Site
13.5.2.5 Middle East Cloud Disaster Recovery Market By Industry Vertical
13.5.2.6 UAE
13.5.2.6.1 UAE Cloud Disaster Recovery Market By Service Type
13.5.2.6.2 UAE Cloud Disaster Recovery Market By Deployment Model
13.5.2.6.3 UAE Cloud Disaster Recovery Market By Organization Site
13.5.2.6.4 UAE Cloud Disaster Recovery Market By Industry Vertical
13.5.2.7 Egypt
13.5.2.7.1 Egypt Cloud Disaster Recovery Market By Service Type
13.5.2.7.2 Egypt Cloud Disaster Recovery Market By Deployment Model
13.5.2.7.3 Egypt Cloud Disaster Recovery Market By Organization Site
13.5.2.7.4 Egypt Cloud Disaster Recovery Market By Industry Vertical
13.5.2.8 Saudi Arabia
13.5.2.8.1 Saudi Arabia Cloud Disaster Recovery Market By Service Type
13.5.2.8.2 Saudi Arabia Cloud Disaster Recovery Market By Deployment Model
13.5.2.8.3 Saudi Arabia Cloud Disaster Recovery Market By Organization Site
13.5.2.8.4 Saudi Arabia Cloud Disaster Recovery Market By Industry Vertical
13.5.2.9 Qatar
13.5.2.9.1 Qatar Cloud Disaster Recovery Market By Service Type
13.5.2.9.2 Qatar Cloud Disaster Recovery Market By Deployment Model
13.5.2.9.3 Qatar Cloud Disaster Recovery Market By Organization Site
13.5.2.9.4 Qatar Cloud Disaster Recovery Market By Industry Vertical
13.5.2.10 Rest of Middle East
13.5.2.10.1 Rest of Middle East Cloud Disaster Recovery Market By Service Type
13.5.2.10.2 Rest of Middle East Cloud Disaster Recovery Market By Deployment Model
13.5.2.10.3 Rest of Middle East Cloud Disaster Recovery Market By Organization Site
13.5.2.10.4 Rest of Middle East Cloud Disaster Recovery Market By Industry Vertical
13.5.3 Africa
13.5.3.1 Africa Cloud Disaster Recovery Market by Country
13.5.3.2 Africa Cloud Disaster Recovery Market By Service Type
13.5.3.3 Africa Cloud Disaster Recovery Market By Deployment Model
13.5.3.4 Africa Cloud Disaster Recovery Market By Organization Site
13.5.3.5 Africa Cloud Disaster Recovery Market By Industry Vertical
13.5.3.6 Nigeria
13.5.3.6.1 Nigeria Cloud Disaster Recovery Market By Service Type
13.5.3.6.2 Nigeria Cloud Disaster Recovery Market By Deployment Model
13.5.3.6.3 Nigeria Cloud Disaster Recovery Market By Organization Site
13.5.3.6.4 Nigeria Cloud Disaster Recovery Market By Industry Vertical
13.5.3.7 South Africa
13.5.3.7.1 South Africa Cloud Disaster Recovery Market By Service Type
13.5.3.7.2 South Africa Cloud Disaster Recovery Market By Deployment Model
13.5.3.7.3 South Africa Cloud Disaster Recovery Market By Organization Site
13.5.3.7.4 South Africa Cloud Disaster Recovery Market By Industry Vertical
13.5.3.8 Rest of Africa
13.5.3.8.1 Rest of Africa Cloud Disaster Recovery Market By Service Type
13.5.3.8.2 Rest of Africa Cloud Disaster Recovery Market By Deployment Model
13.5.3.8.3 Rest of Africa Cloud Disaster Recovery Market By Organization Site
13.5.3.8.4 Rest of Africa Cloud Disaster Recovery Market By Industry Vertical
13.6 Latin America
13.6.1 Trend Analysis
13.6.2 Latin America Cloud Disaster Recovery Market by country
13.6.3 Latin America Cloud Disaster Recovery Market By Service Type
13.6.4 Latin America Cloud Disaster Recovery Market By Deployment Model
13.6.5 Latin America Cloud Disaster Recovery Market By Organization Site
13.6.6 Latin America Cloud Disaster Recovery Market By Industry Vertical
13.6.7 Brazil
13.6.7.1 Brazil Cloud Disaster Recovery Market By Service Type
13.6.7.2 Brazil Cloud Disaster Recovery Market By Deployment Model
13.6.7.3 Brazil Cloud Disaster Recovery Market By Organization Site
13.6.7.4 Brazil Cloud Disaster Recovery Market By Industry Vertical
13.6.8 Argentina
13.6.8.1 Argentina Cloud Disaster Recovery Market By Service Type
13.6.8.2 Argentina Cloud Disaster Recovery Market By Deployment Model
13.6.8.3 Argentina Cloud Disaster Recovery Market By Organization Site
13.6.8.4 Argentina Cloud Disaster Recovery Market By Industry Vertical
13.6.9 Colombia
13.6.9.1 Colombia Cloud Disaster Recovery Market By Service Type
13.6.9.2 Colombia Cloud Disaster Recovery Market By Deployment Model
13.6.9.3 Colombia Cloud Disaster Recovery Market By Organization Site
13.6.9.4 Colombia Cloud Disaster Recovery Market By Industry Vertical
13.6.10 Rest of Latin America
13.6.10.1 Rest of Latin America Cloud Disaster Recovery Market By Service Type
13.6.10.2 Rest of Latin America Cloud Disaster Recovery Market By Deployment Model
13.6.10.3 Rest of Latin America Cloud Disaster Recovery Market By Organization Site
13.6.10.4 Rest of Latin America Cloud Disaster Recovery Market By Industry Vertical
14. Company Profiles
14.1 IBM
14.1.1 Company Overview
14.1.2 Financial
14.1.3 Products/ Services Offered
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 Microsoft Corporation
14.2.1 Company Overview
14.2.2 Financial
14.2.3 Products/ Services Offered
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 Amazon Web Services, Inc
14.3.1 Company Overview
14.3.2 Financial
14.3.3 Products/ Services Offered
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 Hewlett Packard Enterprise (HPE) Company
14.4.1 Company Overview
14.4.2 Financial
14.4.3 Products/ Services Offered
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 Dell Technologies, Inc
14.5.1 Company Overview
14.5.2 Financial
14.5.3 Products/ Services Offered
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 NTT Data Corporation
14.6.1 Company Overview
14.6.2 Financial
14.6.3 Products/ Services Offered
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 Seagate Technology Plc
14.7.1 Company Overview
14.7.2 Financial
14.7.3 Products/ Services Offered
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 Netapp
14.8.1 Company Overview
14.8.2 Financial
14.8.3 Products/ Services Offered
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 Unitrends
14.9.1 Company Overview
14.9.2 Financial
14.9.3 Products/ Services Offered
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 Cable & Wireless Communications Ltd.
14.10.1 Company Overview
14.10.2 Financial
14.10.3 Products/ Services Offered
14.10.4 SWOT Analysis
14.10.5 The SNS View
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
15.3.1 Industry News
15.3.2 Company News
15.3.3 Mergers & Acquisitions
16. Use Case and Best Practices
17. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The In-Memory Computing Market size was USD 17.8 billion in 2023 and is expected to Reach USD 72 billion by 2032 and grow at a CAGR of 16.8% over the forecast period of 2024-2032.
Procurement Software Market size was valued at USD 7.71 Billion in 2023. It is expected to Reach USD 18.76 Billion by 2032 and grow at a CAGR of 10.40% over the forecast period of 2024-2032.
The Cyber Insurance Market size was valued at USD 15.3 Billion in 2023. It is expected to grow to USD 97.3 Billion by 2032 and grow at a CAGR of 22.8% over the forecast period of 2024-2032.
The Capacity Management Market size was valued at $1.30 Billion in 2023 and is expected to reach $6.65 Bn by 2032 and grow at a CAGR of 19.86% by 2024-2032
The Conversational Systems Market size was USD 13.32 billion in 2023 and is expected to reach USD 150.30 billion by 2032 and grow at a CAGR of 30.9% over the forecast period of 2024-2032.
Travel and Expense Management Software Market size was valued at USD 3.1 billion in 2023 and is expected to grow to USD 9.9 billion by 2032 and grow at a CAGR of 13.7% over the forecast period of 2024-2032.
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