Disaster Recovery as a Service (DRaaS) Solutions Statistics 2023
– Everything You Need to Know

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Disaster Recovery As A Service (Draas) Solutions Statistics 2023: Facts about Disaster Recovery As A Service (Draas) Solutions outlines the context of what’s happening in the tech world.

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Top Disaster Recovery As A Service (Draas) Solutions Statistics 2023

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Disaster Recovery As A Service (Draas) Solutions “Latest” Statistics

  • According to the U.S. Department of Commerce, 93% of enterprises that lose their computer systems for 10 days or more due to a disaster file for bankruptcy within one year of the disaster. NARA stands for National Archives and Records Administration.[1]
  • According to the University of Texas study, 94% of organizations that experience a catastrophic data loss in a disaster do not survive – 43% are forced to close immediately, while 51% are pushed out of business within two years.[1]
  • According to a Tech Trends poll conducted by Enterprise Storage Forum, more than 40% of US organizations have already used DRaaS, with another 20% planning to do so in the near future.[1]
  • The worldwide DRaaS industry is currently valued at around $2.4 billion, and it is predicted to expand by more than 50% to $3.7 billion by 2021.[1]
  • The global disaster recovery as a service (DRaaS) market is predicted to increase at a compound annual growth rate (CAGR) of 39.5% from $5.79 billion in 2021 to $8.08 billion in 2022.[2]
  • At a CAGR of 34.9%, the worldwide disaster recovery as a service (DRaaS) market is estimated to reach $26.73 billion in 2026.[2]
  • Marriott announced a security issue in March 2020 that affected the data of over 5.2 million hotel guests who used the company’s loyalty application.[2]
  • According to research conducted by Invenio IT, less than 10% of businesses survive a calamity without a disaster recovery strategy.[2]
  • According to a study, 2.5 quintillion bytes of data are produced every day, and unplanned downtime of systems, which results in the shutdown of numerous firms, is a key factor contributing to the loss of this data.[2]
  • If a business does not use a disaster recovery service, it might lose up to $100,000 per hour of downtime, which is the average loss recorded by 98% of businesses.[3]

Also Read

Reference

  1. enterprisestorageforum – https://www.enterprisestorageforum.com/backup/draas-guide/
  2. globenewswire – https://www.globenewswire.com/news-release/2022/03/22/2408012/0/en/Disaster-Recovery-as-a-service-DRaaS-Global-Market-Report-2022.html
  3. acronis – https://www.acronis.com/en-us/blog/posts/draas/

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