Disaster Recovery as a Service - Benelux

Revenue in the Disaster Recovery as a Service is projected to reach US$268.40m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 17.15%, resulting in a market volume of US$592.30m 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 market within the Public Cloud in Benelux is experiencing elevated growth, fueled by rising demand for data security, increased cloud adoption, and businesses seeking cost-effective, reliable recovery solutions to ensure continuity.

Customer preferences: Businesses in the Benelux region are increasingly prioritizing robust disaster recovery solutions, reflecting a cultural shift towards resilience and preparedness in the face of potential disruptions. Organizations are favoring cloud-based Disaster Recovery as a Service (DRaaS) offerings that align with their commitment to sustainability and cost efficiency. Additionally, the rise of remote work has heightened the focus on data accessibility and security, prompting companies to invest in comprehensive recovery strategies that ensure operational continuity in an evolving digital landscape.

Trends in the market: In the Benelux region, the Disaster Recovery as a Service (DRaaS) market within the public cloud sector is experiencing a notable shift towards integrated, automated solutions that enhance operational resilience. Organizations are increasingly adopting hybrid cloud strategies, blending on-premises infrastructure with cloud capabilities to optimize recovery times and costs. Furthermore, compliance with stringent data protection regulations is driving investments in DRaaS, as businesses seek to safeguard sensitive information. This trend underscores a growing recognition of the need for agile recovery solutions, providing significant opportunities for cloud service providers to innovate and meet evolving customer demands.

Local special circumstances: In the Benelux region, the Disaster Recovery as a Service (DRaaS) market is uniquely shaped by its geographical vulnerabilities, such as flooding and industrial risks, prompting organizations to prioritize robust recovery strategies. The cultural emphasis on data privacy and stringent EU regulations, like GDPR, necessitates secure and compliant DRaaS solutions. Additionally, the region's collaborative approach among businesses fosters innovation, driving demand for integrated cloud services that enhance operational resilience and ensure swift recovery from disruptions.

Underlying macroeconomic factors: The Disaster Recovery as a Service (DRaaS) market in the Benelux region is significantly influenced by macroeconomic factors such as economic stability, investment in technology, and regulatory frameworks. Strong national economies, characterized by robust GDP growth and low unemployment rates, bolster corporate spending on IT resilience and cloud services. Moreover, favorable fiscal policies and government incentives for cloud adoption encourage organizations to prioritize DRaaS solutions. Global trends, including the increasing frequency of cyber threats and natural disasters, further amplify the urgency for efficient disaster recovery strategies, propelling market demand within the public cloud sector.

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.