Disaster Recovery as a Service - Angola

  • Angola
  • Revenue in the Disaster Recovery as a Service is projected to reach US$13.11m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.39%, resulting in a market volume of US$30.49m by 2029.
  • In global comparison, most revenue will be generated in the United States (US$4,096.00m in 2024).
 
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Analyst Opinion

The Disaster Recovery as a Service market within the Public Cloud sector in Angola is witnessing considerable growth, fueled by increasing reliance on cloud solutions, heightened awareness of data security, and the need for robust recovery strategies amid rising cyber threats.

Customer preferences:
As businesses in Angola prioritize data protection, there is a growing demand for Disaster Recovery as a Service (DRaaS) solutions within the Public Cloud market. Organizations are now favoring flexible, scalable recovery options that align with their unique operational needs. This shift is influenced by a younger, tech-savvy workforce that values innovation and efficiency. Additionally, as more enterprises transition to remote work, there is an increasing emphasis on solutions that ensure business continuity and minimize downtime, reflecting a broader cultural shift towards digital resilience.

Trends in the market:
In Angola, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud is experiencing significant growth as businesses increasingly prioritize robust data protection strategies. Organizations are gravitating towards flexible and scalable recovery solutions that cater to their specific operational needs. This trend is largely driven by a younger, tech-savvy workforce that seeks innovative and efficient approaches to technology. Furthermore, the rise of remote work has heightened the demand for solutions that ensure business continuity and reduce downtime, underscoring a cultural shift toward greater digital resilience.

Local special circumstances:
In Angola, the Disaster Recovery as a Service (DRaaS) market is expanding rapidly, influenced by the country's unique geographical challenges, such as frequent power outages and limited infrastructure. These factors necessitate reliable data protection solutions for businesses striving for continuity. Additionally, the cultural emphasis on community and collaboration fosters a demand for shared recovery resources. Regulatory frameworks are also evolving, encouraging organizations to adopt cloud-based solutions that comply with data protection laws, further driving the DRaaS market's growth in the region.

Underlying macroeconomic factors:
The expansion of the Disaster Recovery as a Service (DRaaS) market in Angola is significantly influenced by macroeconomic factors, including the country's economic stability, investment in technology, and regulatory developments. As Angola works to diversify its economy beyond oil dependency, increased public and private sector investments in IT infrastructure are fostering a more robust cloud ecosystem. Furthermore, evolving fiscal policies aimed at promoting digital transformation are encouraging businesses to adopt DRaaS solutions. Global trends in data protection and business continuity are also shaping local demand, as organizations seek to align with international standards and enhance resilience against disruptions.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Overview

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
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