The global business continuity management market is expected to grow at a CAGR of 13.7% during the forecast period with its market size valued at USD 1.62 billion in 2023. Globally, business continuity management industry players are undertaking considerable investment decisions to gain a competitive advantage. Moreover, entering into partnership agreements and performing mergers & acquisitions are the key development strategies being implemented by the crucial players in the magnesium stearate market.
Business continuity management software helps organizations address and identify potential operational interruptions. Further, this software ensures an uninterrupted flow of company operations thereby identifying the risks, adhering to procedures to alleviate risks, and estimating potential disruption. Increasing benefits availed by business continuity management software is further bolstering the growth of the global business continuity management market.
Segment / Key Players |
Categorization |
Offering |
Solutions, Services |
Organization Size |
SME, Large Enterprises |
Industry |
BFSI, Government, Healthcare, Transportation & Logistics, Energy & Utilities, Manufacturing & Retail, Telecom & IT |
Key Players |
Synology, Altaro Software, Storage Craft, MetricStream Inc., CloudAlly, VMware, Dell EMC, Strategic BCP, IDrive, Arcserve, International Business Machines (IBM) Corporation, Logic Manager Inc., Continuity Logic, Microsoft, Nero, Sungard Availability Services, Fusion Risk Management Inc., Quantitative LLC, MiniTool, Evaluation, LockPath Inc., SAI Global Pty Ltd, and Rackspace |
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The large enterprises category held a larger share of the business continuity management market in 2023
Based on organization size, the global business continuity management market is categorized into large enterprises and small and medium enterprises. Amongst these segments, large enterprises are anticipated to generate larger revenue by 2030 owing to the excessive capability of large enterprises to undertake significant IT investments that further assist the organization to enhance and deploy business continuity plans.
Geography Insight
The business continuity management market in North America is anticipated to generate the largest revenue during the estimated period owing to the existence of a large number of business enterprises in the region, threats of disruption to operations of natural disasters, and the existence of flourishing financial institutions in the region.
Competitive Insight
Some of the key players in the global business continuity management market include Synology, Altaro Software, Storage Craft, MetricStream Inc., CloudAlly, VMware, Dell EMC, Strategic BCP, IDrive, Arcserve, International Business Machines (IBM) Corporation, Logic Manager Inc., Continuity Logic, Microsoft, Nero, Sungard Availability Services, Fusion Risk Management Inc., Quantitative LLC, MiniTool, Evaluation, LockPath Inc., SAI Global Pty Ltd, and Rackspace.
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The report provides the market value for the base year 2023 and a yearly forecast till 2030 for revenue (USD Billion). The report segments the global business continuity management market based on offering, organization size, industry, and region.
Global Business Continuity Management Market Coverage
Offering Insight and Forecast 2025-2030
Organization Size Insight and Forecast 2025-2030
Industry Insight and Forecast 2025-2030
Geographical Segmentation
Business Continuity Management Market by Region
North America
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)