The Business Research Company’s report on the Amusement Parks Global Market Report 2025 Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the disaster recovery software market in recent years?
The increase in concern for data security among organizations is expected to propel the disaster recovery software market going forward. Data security refers to the protection of digital data from unauthorized access, disclosure, alteration, or destruction throughout its lifecycle. The surge in data security among organizations can be attributed to the growing volume of sensitive data and the rising awareness of the potential financial and reputational damage caused by data breaches. Disaster recovery software ensures data security by facilitating swift restoration of critical information in cases of emergencies. For instance, in April 2023, according to the Department for Science, Innovation, and Technology, a UK-based government body, cybercrime affected 11% of businesses and 8% of charities in total over the past 12 months, this number increased to 26% of medium-sized businesses, 37% of large businesses, and 25% of high-income charities. Additionally, it is estimated that, across all UK businesses, there were approximately 2.39 million instances of cybercrime and approximately 49,000 instances of fraud as a result of cybercrime in the last 12 months. Therefore, the increase in concern for data security among organizations is driving the growth of the disaster recovery software market.
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What is the projected market size of the disaster recovery software industry, and how is it expected to grow?
The disaster recovery software market size has grown rapidly in recent years. It will grow from $10.93 billion in 2024 to $12.88 billion in 2025 at a compound annual growth rate (CAGR) of 17.8%. The growth in the historic period can be attributed to increasing data breaches, growing reliance on digital infrastructure, rising frequency of natural disasters, regulatory compliance requirements, and business continuity planning emphasis.
The disaster recovery software market size is expected to see rapid growth in the next few years. It will grow to $24.56 billion in 2029 at a compound annual growth rate (CAGR) of 17.5%. The growth in the forecast period can be attributed to cloud adoption, cybersecurity threats, data protection regulations, and business continuity awareness. Major trends in the forecast period include rising adoption of AI-driven automation, emphasis on data resilience and security, growth in demand for integrated backup and recovery solutions, and expansion of disaster recovery as a service (DRaaS) offerings.
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Who are the key players driving competition in the disaster recovery software market?
Major companies operating in the disaster recovery software market are International Business Machines Corporation, VMware Inc., Veritas Technologies LLC, Veeam Software, Commvault Systems, Rubrik Inc., Acronis International GmbH, Actifio Inc., Carbonite Inc., Zerto, Arcserve, Druva Inc., StorageCraft Technology Corporation, HYCU Inc., Axcient, iLand Internet Solutions Corporation, Vembu Technologies, Nakivo Inc., Altaro Ltd., Bacula Systems SA, Storix Inc., PhoenixNAP, Asigra Inc., Recovery Point Systems Inc., Bluelock LLC
What key trends are expected to drive the disaster preparedness systems market during the forecast period?
Major companies operating in the disaster recovery software market are focused on developing technologically advanced solutions, such as cloud-based disaster recovery frameworks, to gain a competitive edge in the market. A cloud-based disaster recovery framework enhances scalability, improves data accessibility, and streamlines disaster recovery processes. This framework leverages cloud computing resources to store, replicate, and recover data and applications, offering several advantages over traditional disaster recovery approaches, such as reduced costs, scalability, and flexibility. For instance, in November 2022, Protera Technologies, a US-based cloud modernization company, launched the Automated Disaster Recovery Framework. The framework enables companies to transition from static DR plans to more dynamic, real-world testing practices. Protera facilitates streamlined disaster recovery and testing processes at scale by leveraging advanced technologies such as cloud computing. The solution empowers businesses to consistently test, validate, and prove the effectiveness of their disaster recovery processes, particularly in responding to cyberattacks and restoring operations swiftly with minimal disruption.
Which key geographies are driving the growth of the disaster recovery software market?
North America was the largest region in the disaster recovery software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the disaster recovery software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the key segments driving growth in the disaster recovery software market?
The disaster recovery software market covered in this report is segmented –
1) By Deployment Type: On-Premise, Cloud
2) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises
3) By Application: Application Backup, Email Backup, Media Storage Backup
4) By Vertical: Telecommunication And Information Technology (IT)-Enabled Services, Banking, Financial Services, And Insurance, Media And Entertainment, Other Verticals
Subsegments:
1) By On-Premise: On-Premise Software, On-Premise Hardware
2) By Cloud: Public Cloud, Private Cloud, Hybrid Cloud
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How is the disaster recovery software market defined, and what are its core characteristics?
Disaster recovery software refers to a specialized type of software designed to help organizations recover data, applications, and systems in the event of a disaster or disruptive event. This software is used to minimize downtime and data loss by facilitating the rapid recovery of critical IT infrastructure components.
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