Disaster Recovery as a Service - Mexico

Revenue in the Disaster Recovery as a Service is projected to reach US$287.10m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.64%, resulting in a market volume of US$674.70m 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 Mexico is experiencing intense growth, fueled by increasing data security concerns, regulatory compliance demands, and the rising need for business continuity solutions across various industries.

Customer preferences: Organizations in Mexico are increasingly prioritizing robust disaster recovery strategies, reflecting a cultural shift towards valuing resilience and security in business operations. This trend is driven by a growing awareness of the potential risks of data loss and service interruptions, particularly among younger professionals who prioritize technological solutions. Additionally, as remote work becomes more prevalent, companies seek flexible DRaaS options that facilitate seamless operations and compliance with local regulations, further fueling demand in the public cloud market.

Trends in the market: In Mexico, the Disaster Recovery as a Service (DRaaS) market within the public cloud sector is experiencing significant growth as organizations increasingly recognize the importance of data protection and operational continuity. Many businesses are adopting cloud-based DRaaS solutions to enhance their resilience against potential disruptions, driven by heightened awareness of cybersecurity threats and natural disasters. This trend is particularly pronounced among tech-savvy younger professionals advocating for innovative technologies. As remote work becomes standard, the demand for scalable and compliant DRaaS options is set to reshape industry dynamics, benefiting cloud service providers and prompting traditional IT vendors to adapt.

Local special circumstances: In Mexico, the Disaster Recovery as a Service (DRaaS) market is shaped by a unique blend of geographical vulnerabilities and regulatory frameworks. The country's susceptibility to natural disasters, such as earthquakes and hurricanes, compels businesses to prioritize data resilience. Additionally, cultural shifts towards digital transformation, especially among younger professionals, drive the adoption of innovative cloud solutions. Regulatory incentives promoting data compliance further encourage organizations to invest in DRaaS, distinguishing Mexico’s market dynamics from other regions and fostering collaboration between cloud providers and local businesses.

Underlying macroeconomic factors: The Disaster Recovery as a Service (DRaaS) market in Mexico is significantly influenced by macroeconomic factors, including national economic stability, investment in technology, and regulatory frameworks. With the country’s economy showing signs of resilience, businesses are more willing to allocate budgets for cloud-based disaster recovery solutions. Furthermore, favorable fiscal policies aimed at promoting digital transformation enhance the appeal of DRaaS offerings. Global economic trends, such as increased reliance on remote work and data security, also drive demand, compelling organizations to adopt robust recovery strategies that align with international standards.

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.