Disaster Recovery as a Service - ASEAN

Revenue in the Disaster Recovery as a Service is projected to reach US$580.20m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 21.38%, resulting in a market volume of US$1.53bn by 2029.
In global comparison, most revenue will be generated United States (US$4.10bn in 2024).

Definition:

Disaster Recovery as a Service (DRaaS) refers to the provisioning of third-party cloud computing and backup services that enable the replication and hosting of physical or virtual servers to ensure data availability and organizational operation continuity in the event of a disaster. DRaaS minimizes downtime and data loss by providing organizations with the ability to perform a full recovery of their IT infrastructure in a secondary, cloud-based environment.

Additional Information:

The Disaster Recovery as a Service (DRaaS) market comprises revenue, revenue change, and average spend per employee as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the DRaaS market include companies such as Microsoft Azure, IBM, and Recovery Point Systems.

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Cloud-based disaster recovery solutions such as Amazon Web Services (AWS) Disaster Recovery, Microsoft Azure Site Recovery, and Google Cloud Disaster Recovery
Real-time Replication and Continuous Data Protection (CDP) such as Zerto Virtual Replication, Veeam Backup & Replication, and Commvault Continuous Data Replication
Disaster recovery orchestration tools, such as IBM Resiliency Orchestration, VMware Site Recovery Manager, and Rubrik Polaris

Traditional on-premises disaster recovery solutions, such as Symantec Backup Exec, and Veritas NetBackup Appliance
Standalone Business Continuity Planning (BCP) tools not integrated with DRaaS, such as Fusion Framework System, ClearView, and BC in the Cloud

The Disaster Recovery as a Service (DRaaS) market within the Public Cloud sector in ASEAN has been witnessing significant growth, fueled by increasing awareness of cybersecurity threats, regulatory compliance demands, and the need for business continuity solutions among organizations.

Customer preferences: Organizations in ASEAN are increasingly prioritizing Disaster Recovery as a Service (DRaaS) solutions to safeguard their data and ensure business continuity. This shift is driven by a growing recognition of the risks associated with cyber threats and natural disasters, particularly in regions prone to climate-related events. Additionally, as businesses embrace digital transformation, there is a rising demand for scalable and flexible recovery solutions that align with diverse operational needs, reflecting a cultural shift towards resilience and adaptability in the face of uncertainty.

Trends in the market: In ASEAN, the Disaster Recovery as a Service (DRaaS) market is experiencing significant growth as organizations increasingly adopt cloud-based solutions to enhance their resilience against disruptions. This trend is fueled by the escalating frequency of natural disasters and cyber threats, prompting businesses to prioritize robust recovery strategies. Furthermore, as enterprises undergo digital transformation, the demand for customizable and scalable DRaaS offerings is rising, enabling them to align recovery capabilities with specific operational requirements. This shift underscores the critical importance of preparedness and adaptability, influencing investment strategies and partnerships among industry stakeholders.

Local special circumstances: In ASEAN, the Disaster Recovery as a Service (DRaaS) market is shaped by diverse geographical and cultural factors that influence its dynamics. The region's vulnerability to natural disasters, such as typhoons and earthquakes, drives organizations to invest in resilient cloud solutions. Additionally, varying regulatory frameworks across ASEAN countries necessitate tailored DRaaS offerings that comply with local laws. Cultural attitudes towards risk and technology adoption also play a crucial role, with businesses increasingly recognizing the need for robust disaster recovery strategies to safeguard their operations and data.

Underlying macroeconomic factors: The Disaster Recovery as a Service (DRaaS) market within the Public Cloud Market in ASEAN is significantly influenced by macroeconomic factors such as economic stability, digital transformation initiatives, and investment in IT infrastructure. Countries with strong economic growth and supportive government policies are witnessing increased adoption of cloud-based disaster recovery solutions. Additionally, the rising frequency of natural disasters prompts organizations to prioritize disaster preparedness, driving demand for DRaaS. Global economic trends, such as shifts towards remote work and the need for business continuity, further enhance the market's appeal, compelling businesses to invest in resilient and scalable cloud solutions.

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Together with platform as a service (PaaS) and infrastructure as a service (IaaS), software as a service (SaaS) is one of the three primary tiers of cloud computing. It allows businesses to redirect resources away from IT hardware, software, and personnel expenses, and towards other business needs. Currently, the most prominent companies in the SaaS market are Microsoft, Salesforce, Oracle, SAP, and Google.