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The disaster recovery as a service procurement category is projected to grow at a CAGR of 16.09% during 2022-2026. The prices are outlined to rise by 2%-5% during the forecast period and suppliers will have moderate bargaining power in this market. IBM, Amazon.com, and Fidelity National Information Services are a few of the key suppliers in disaster recovery as a service market.
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This report offers detailed insights and analysis of the major cost drivers, volume drivers, and innovations of the disaster recovery as a service procurement and sourcing market, which the global suppliers have been leveraging to gain a competitive edge across regions. Some of the leading disaster recovery as a service supplier profiled extensively in this report include:
Furthermore, this disaster recovery as a service procurement market report provides a detailed analysis of procurement strategies deployed by major category end-users across several industries while sourcing for disaster recovery as service requirements. In addition, the most adopted and high potential pricing models considered by buyers have been analyzed in this report, which will help understand business scopes for revenue expansion. These data will assist buyers to realize cost savings and identify business strategies to improve sales.
The disaster recovery as a service procurement market report provides a detailed analysis of various supplier selection criteria, RFX questions, supplier evaluation metrics, and the service level agreements that the buyers should consider adopting to achieve significant cost savings, streamline the procurement process, and reduce category TCO while sourcing for disaster recovery as a service requirement.
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The report provides a detailed insight into the most adopted procurement strategies by buyers across industries and an analysis of these strategies with respect to innovation, regulatory compliance, quality, supply, and cost. Adoption of these procurement strategies will enable the buyers to reduce category TCO and achieve cost savings while sourcing for disaster recovery as a service requirement.
The report discusses in detail each pricing model and the pros and cons attached to every pricing model prevalent in the market. Also, the report provides insights with respect to the category supply chain and the margins of various suppliers within the supply chain. These market analysis data will enable the buyers to make informed strategic sourcing decisions. Buy the full disaster recovery as a service procurement market report now to get comprehensive details on pricing models
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To optimize the value of the purchase, it is crucial to keep a track of current and future price trends. Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price influencing factors. During the forecast period, the market expects an incremental spend of $ 7.48 billion due to various market drivers prevalent across multiple regions. Also, the report speaks about various cost-saving factors through an analysis of the below factors:
The disaster recovery as a service market will register an incremental spend of about $ 7.48 billion during the forecast period. However, only a few regions will drive the majority of this growth. Moreover, on the supply side, North America, Europe, and APAC will have the maximum influence owing to the supplier base. The growth is expected to be primarily driven by increasing demand and adoption of the category across those few regions. To get a detailed analysis of the volume drivers that are driving the adoption of the category across regions, buy the full report now!
The drivers and inhibitors that influence these global and regional outlooks are elaborated in detail in this procurement report. Our in-depth growth decomposition analysis covers details on:
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A targeted strategic approach to disaster recovery as a service source will provide several opportunities. However, in the absence of actionable intelligence on disaster recovery as a service, buyers may end up focusing on a tactical sourcing strategy without any focus on cost-saving opportunities. Hence, this report focuses on category management initiatives such as scalability of inputs, green initiatives, and category innovations, which will assist buyers to formulate a strategic procurement strategy
The report explains the following key category management objectives that should form the base for sourcing strategy.
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In addition to helping buyers in identifying the strategic goals and initiatives for category management, the report also has detailed insights into the most outsourced category management activities and category enablers which can simplify the procurement process for buyers.
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Scope of Disaster Recovery As A Service |
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Report Specs |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Spend growth (CAGR) |
16.09% |
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Incremental spend |
$ 7.48 billion |
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Pricing growth outlook |
2%-5% |
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Pricing models |
Pay-as-you-go pricing, Subscription-based pricing, and Perpetual license |
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Supplier selection scope |
Skills and expertise, Reliability, Wide geographic presence, and Regulatory compliance |
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Supplier opportunities |
Forward integration, Supplier synergies, Reducing total ownership cost, Negotiate on pricing and contractual terms, Managing labor price volatility, Reduction in ad-hoc spend, Cost of quality impact, Level of automation, and Conference participation |
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Supplier selection criteria |
Business needs, Technical specifications, Operational requirements, Security compliance, Regulatory mandates, Legal requirements, Quality control, Change management procedures, Pricing models, Penalty clauses, SLA nuances, Evaluation criteria, and Working environment |
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Category management scope |
Scalability of inputs, Green initiatives, Category innovations, Supply base rationalization, Demand forecasting, and governance, Minimalization of ad hoc purchases, Adherence to regulatory nuances, Cost savings, Customer retention, and Top-line growth |
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Top suppliers |
IBM, Amazon.com, Fidelity National Information Services, HP, Dell Technologies, Cisco Systems, Liberty Latin America, Apollo Global Management, Microsoft, and Open Text |
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Market dynamics |
Regional category spend in terms of percentage with respect to North America, South America, Europe, Middle East, and Africa and APAC and global category spend and CAGR in terms of percentage over a span of 5 years. |
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Customization scope |
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