Disaster Recovery as a Service - Australia & Oceania

Revenue in the Disaster Recovery as a Service is projected to reach US$296.80m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.07%, resulting in a market volume of US$681.00m 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 Australia and Oceania is witnessing elevated growth, propelled by increasing cyber threats, regulatory compliance demands, and the need for business continuity solutions among enterprises.

Customer preferences: Organizations in Australia and Oceania are increasingly prioritizing robust disaster recovery solutions, reflecting a growing awareness of the critical importance of data protection and business continuity. This shift is driven by heightened concerns around cyber threats and data breaches, prompting enterprises to invest in comprehensive DRaaS offerings. Additionally, the rise of remote work and digital transformation has led to a demand for flexible and scalable recovery solutions that align with evolving business models, ensuring resilience in a rapidly changing landscape.

Trends in the market: In Australia and Oceania, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud is experiencing significant growth, driven by increasing awareness of data protection and business continuity. Organizations are prioritizing DRaaS solutions to mitigate risks associated with cyber threats and data breaches. The rise of remote work and digital transformation is further propelling demand for flexible, scalable recovery options that adapt to evolving business needs. As these trends continue, industry stakeholders must enhance their offerings, ensuring resilience and competitiveness in a rapidly evolving digital landscape.

Local special circumstances: In Australia and Oceania, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud is uniquely influenced by the region's susceptibility to natural disasters such as bushfires and floods, prompting organizations to prioritize robust recovery solutions. Additionally, the cultural emphasis on environmental sustainability drives companies to adopt cloud-based DRaaS for energy efficiency. Regulatory frameworks, such as the Australian Privacy Principles, further compel businesses to ensure compliance in data protection, fostering a heightened demand for reliable DRaaS offerings tailored to local needs.

Underlying macroeconomic factors: The Disaster Recovery as a Service (DRaaS) market within the Public Cloud in Australia and Oceania is significantly shaped by macroeconomic factors such as economic stability, technological innovation, and regulatory compliance. The region's robust economic growth fosters investment in cloud infrastructure, while a skilled workforce enhances the development of advanced DRaaS solutions. Additionally, government fiscal policies promoting technology adoption and sustainability initiatives encourage companies to invest in reliable disaster recovery options. The increasing frequency of natural disasters further amplifies the urgency for effective DRaaS, driving demand for tailored solutions that ensure business continuity and compliance with local data protection laws.

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.