Asia-Pacific Disaster Recovery as a Service Market | Size by 2030

According to Inkwood Research, the Asia-Pacific Disaster Recovery as a Service (DRaaS) market is witnessing an unprecedented surge, with a projected Compound Annual Growth Rate (CAGR) of 27.15% during the forecast period from 2022 to 2030. This remarkable growth trajectory is anticipated to culminate in a market revenue of $21186.30 million by 2030.

This market is highlighting the region's increasing reliance on and investment in robust disaster recovery solutions. Countries such as Australia & New Zealand, Indonesia, Japan, China, Singapore, South Korea, and India, alongside the broader Rest of Asia-Pacific region, are pivotal to this market expansion, driven by the escalating demand for cloud-based recovery solutions and the growing digital transformation across industries.

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Leading the charge in the DRaaS market are major companies like 11:11 Systems, Amazon Web Services Inc., Cisco Systems Inc., Kyndryl Holdings Inc., Microsoft Corporation, NTT Data Corporation, Recovery Point Systems Inc., SAP SE, Sungard Availability Services, Veeam, VMware Inc., and Zerto Ltd. These entities are at the forefront of providing innovative and resilient disaster recovery solutions, ensuring business continuity and data protection for organizations across the Asia-Pacific region.

The growth of the Asia-Pacific DRaaS market is propelled by several key factors. There's an increasing awareness among businesses about the criticality of disaster recovery planning, particularly in the face of rising cyber threats and natural calamities. Additionally, the adoption of cloud computing and the shift towards digital platforms have necessitated the integration of effective disaster recovery strategies to mitigate data loss and ensure uninterrupted service delivery.

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Moreover, government regulations and policies advocating for data protection and business continuity planning further amplify the need for DRaaS solutions. The market is also benefiting from technological advancements, such as automation and artificial intelligence, which enhance the efficiency and reliability of disaster recovery services.

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In summary, the Asia-Pacific DRaaS market is poised for significant growth, driven by the digital transformation of businesses, heightened cybersecurity threats, and the strategic focus on data protection and recovery. The involvement of leading market players and the embrace of innovative technologies are set to further propel the market towards substantial expansion, underscoring the critical role of disaster recovery services in today's digital economy.

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