Global Disaster Recovery as a Service (DRaaS) Market Overview

The global disaster recovery as a service (DRaaS) market size was valued at USD 12.80 billion in 2024 and is projected to grow from USD 15.51 billion in 2025 to USD 64.40 billion by 2032, exhibiting a CAGR of 22.5% during the forecast period. Growth is driven by increasing data volumes, rising cyber threats, and the growing need for cost-effective, cloud-based disaster recovery solutions. Organizations across industries are prioritizing DRaaS to ensure business continuity, minimize downtime, and comply with regulatory standards. North America dominated the global market with a 38.13% share in 2024, supported by strong cloud adoption, a mature IT infrastructure, and stringent data protection regulations.

Key Market Players

• VMware, Inc.
• Microsoft Corporation
• Amazon Web Services (AWS)
• IBM Corporation
• Veeam Software
• Zerto Ltd.
• iland Internet Solutions
• Acronis International GmbH
• Sungard Availability Services
• Infrascale, Inc.

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Market Drivers

1. Rising Cybersecurity Threats and Ransomware AttacksThe surge in cyberattacks and ransomware incidents has increased the need for robust disaster recovery solutions to protect critical business data.
2. Cost-Effectiveness Compared to Traditional DR SolutionsDRaaS eliminates the need for physical infrastructure, offering businesses of all sizes an affordable and scalable disaster recovery option.
3. Rapid Adoption of Cloud Computing and VirtualizationThe shift toward cloud and virtualized environments is accelerating DRaaS adoption for seamless data backup and quick recovery.
4. Regulatory Compliance RequirementsStrict data protection laws in sectors like BFSI, healthcare, and government are compelling organizations to implement disaster recovery solutions.

Market Restraints