Business continuity management solutions market 2023-2027: A descriptive analysis of five forces model, market dynamics, and segmentation - Technavio

NEW YORK, Feb. 7, 2023 /PRNewswire/ -- According to Technavio, the global business continuity management solutions market size is estimated to grow by USD 778.32 million from 2022 to 2027. The market is estimated to grow at a CAGR of 16.1% during the forecast period. Moreover, the growth momentum will accelerate. North America will account for 43% of the market's growth during the forecast period. The report provides a comprehensive analysis on growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. For more insights on the market, request a sample report

Business continuity management solutions market - Five forces
The global business continuity management solutions market is fragmented, and the five forces analysis covers– 

• Bargaining power of buyers 
• The threat of new entrants
• Threat of rivalry
• Bargaining power of suppliers
• Threat of substitutes
• For an interpretation of Porter's five forces model – buy the report!

Business continuity management solutions market – Customer landscape 

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Business continuity management solutions market - Segmentation assessment

Segment overview
Technavio has segmented the market based on deployment (cloud-based and on-premise), end-user (large enterprise and SME). 

• The cloud-based segment will account for a significant share of the growth of the global market during the forecast period. Cloud-based services are applications or software available remotely and hosted on vendors' server on behalf of the customer. Such services can be availed of via public cloud, private cloud, and hybrid clouds. Cloud-based solutions deliver business agility and a scalable IT infrastructure effectively, which can help overcome the complexities of hardware, license management, and software. These factors will drive the growth of this segment during the forecast period

Geography overview
Based on geography, the global business continuity management solutions market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global business continuity management solutions market.

• North America is estimated to account for 43% of the growth of the global market during the forecast period. Enterprises in the region are early adopters of cloud services. North America is a global leader in terms of data generation and consumption. As a result, a large amount of data is produced in this region, which drives the growth of the market for business continuity management solutions.

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Business continuity management solutions market – Market dynamics
Key factor driving market growth

• The growing demand for business continuity management solutions from end-user industries such as BFSI, retail, manufacturing, IT and telecom, and healthcare is driving the market growth.
• The adoption of advanced business solutions helps in identifying potential threats, which prevents the suspension of business operations.
• Enterprises implement cloud-based information governance solutions to manage cost pressure, gain access to specialized resources, optimize existing investments, and establish a robust process to secure crucial data.
• Many large enterprises have reached a maturity level, but smaller ones need to implement new strategies to sustain their growth rate to remain competitive in the market.
• These factors will drive the growth of the market during the forecast period.

Leading trends influencing the market 

• The adoption of AI in disaster recovery is a key trend in the market.
• The impact of AI on labor productivity will increase during the forecast period.
• Business continuity management solutions manage corporate data and applications. Hence, solution providers are focusing on automatically performing tasks that require human intelligence with the help of AI and machine learning.
• In addition, advances in technology are influencing vendors to offer SaaS-based solutions to their customers.
• Companies are adopting these solutions owing to their advantages such as the provision of instant access and the availability of the pay-per-use model.
• These factors will support market growth during the forecast period.

Major challenges hindering the market growth

• System integration and interoperability issues are challenging the market growth.
• Many organizations face integration issues while implementing business continuity management software.
• Some of these issues include technical defects, server errors, and other malfunctions.
• Therefore, to ensure high accuracy, vendors must conduct several trials before introducing such solutions in the market.
• Moreover, many vendors are unable to provide customized solutions to individual organizations due to the high costs involved.
• These factors will hinder market growth during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this business continuity management solutions market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the business continuity management solutions market between 2023 and 2027
• Precise estimation of the size of the business continuity management solutions market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the business continuity management solutions market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of business continuity management solutions market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global business continuity management solutions market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global business continuity management solutions market 2017 - 2021 ($ million)

• 4.2 Deployment Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Deployment

• 6.1 Market segments 
• Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)

• 6.2 Comparison by Deployment 
• Exhibit 32: Chart on Comparison by Deployment
• Exhibit 33: Data Table on Comparison by Deployment

• 6.3 Cloud-based - Market size and forecast 2022-2027
• Exhibit 34: Chart on Cloud-based - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)

• 6.4 On-premise - Market size and forecast 2022-2027
• Exhibit 38: Chart on On-premise - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on On-premise - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on On-premise - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on On-premise - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Deployment 
• Exhibit 42: Market opportunity by Deployment ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments 
• Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 45: Chart on Comparison by End-user
• Exhibit 46: Data Table on Comparison by End-user

• 7.3 Large enterprise - Market size and forecast 2022-2027
• Exhibit 47: Chart on Large enterprise - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Large enterprise - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Large enterprise - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Large enterprise - Year-over-year growth 2022-2027 (%)

• 7.4 SME - Market size and forecast 2022-2027
• Exhibit 51: Chart on SME - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on SME - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on SME - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on SME - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by End-user 
• Exhibit 55: Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027
• Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027
• Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 Datto Holdings Corp. 
• Exhibit 108: Datto Holdings Corp. - Overview
• Exhibit 109: Datto Holdings Corp. - Product / Service
• Exhibit 110: Datto Holdings Corp. - Key offerings

• 12.4 Dell Technologies Inc. 
• Exhibit 111: Dell Technologies Inc. - Overview
• Exhibit 112: Dell Technologies Inc. - Business segments
• Exhibit 113: Dell Technologies Inc. - Key news
• Exhibit 114: Dell Technologies Inc. - Key offerings
• Exhibit 115: Dell Technologies Inc. - Segment focus

• 12.5 Fair Isaac Corp. 
• Exhibit 116: Fair Isaac Corp. - Overview
• Exhibit 117: Fair Isaac Corp. - Business segments
• Exhibit 118: Fair Isaac Corp. - Key news
• Exhibit 119: Fair Isaac Corp. - Key offerings
• Exhibit 120: Fair Isaac Corp. - Segment focus

• 12.6 International Business Machines Corp. 
• Exhibit 121: International Business Machines Corp. - Overview
• Exhibit 122: International Business Machines Corp. - Business segments
• Exhibit 123: International Business Machines Corp. - Key news
• Exhibit 124: International Business Machines Corp. - Key offerings
• Exhibit 125: International Business Machines Corp. - Segment focus

• 12.7 LogicManager Inc. 
• Exhibit 126: LogicManager Inc. - Overview
• Exhibit 127: LogicManager Inc. - Product / Service
• Exhibit 128: LogicManager Inc. - Key offerings

• 12.8 MetricStream Inc. 
• Exhibit 129: MetricStream Inc. - Overview
• Exhibit 130: MetricStream Inc. - Product / Service
• Exhibit 131: MetricStream Inc. - Key offerings

• 12.9 Microsoft Corp. 
• Exhibit 132: Microsoft Corp. - Overview
• Exhibit 133: Microsoft Corp. - Business segments
• Exhibit 134: Microsoft Corp. - Key news
• Exhibit 135: Microsoft Corp. - Key offerings
• Exhibit 136: Microsoft Corp. - Segment focus

• 12.10 NAVEX Global Inc. 
• Exhibit 137: NAVEX Global Inc. - Overview
• Exhibit 138: NAVEX Global Inc. - Product / Service
• Exhibit 139: NAVEX Global Inc. - Key offerings

• 12.11 Oracle Corp. 
• Exhibit 140: Oracle Corp. - Overview
• Exhibit 141: Oracle Corp. - Business segments
• Exhibit 142: Oracle Corp. - Key news
• Exhibit 143: Oracle Corp. - Key offerings
• Exhibit 144: Oracle Corp. - Segment focus

• 12.12 Quantivate LLC 
• Exhibit 145: Quantivate LLC - Overview
• Exhibit 146: Quantivate LLC - Product / Service
• Exhibit 147: Quantivate LLC - Key news
• Exhibit 148: Quantivate LLC - Key offerings

• 12.13 SAI Global Compliance Inc. 
• Exhibit 149: SAI Global Compliance Inc. - Overview
• Exhibit 150: SAI Global Compliance Inc. - Product / Service
• Exhibit 151: SAI Global Compliance Inc. - Key offerings

• 12.14 SAP SE 
• Exhibit 152: SAP SE - Overview
• Exhibit 153: SAP SE - Business segments
• Exhibit 154: SAP SE - Key news
• Exhibit 155: SAP SE - Key offerings
• Exhibit 156: SAP SE - Segment focus

• 12.15 SolarWinds Corp. 
• Exhibit 157: SolarWinds Corp. - Overview
• Exhibit 158: SolarWinds Corp. - Product / Service
• Exhibit 159: SolarWinds Corp. - Key offerings

• 12.16 Wolters Kluwer NV 
• Exhibit 160: Wolters Kluwer NV - Overview
• Exhibit 161: Wolters Kluwer NV - Business segments
• Exhibit 162: Wolters Kluwer NV - Key offerings
• Exhibit 163: Wolters Kluwer NV - Segment focus

• 12.17 X2nSat Inc. 
• Exhibit 164: X2nSat Inc. - Overview
• Exhibit 165: X2nSat Inc. - Product / Service
• Exhibit 166: X2nSat Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 167: Inclusions checklist
• Exhibit 168: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 169: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 170: Research methodology
• Exhibit 171: Validation techniques employed for market sizing
• Exhibit 172: Information sources

• 13.5 List of abbreviations 
• Exhibit 173: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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