Disaster Recovery as a Service - Burundi

Revenue in the Disaster Recovery as a Service is projected to reach US$437.60k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 24.67%, resulting in a market volume of US$1.32m by 2029.
In global comparison, most revenue will be generated United States (US$4.10bn in 2024).

Definition:

Disaster Recovery as a Service (DRaaS) refers to the provisioning of third-party cloud computing and backup services that enable the replication and hosting of physical or virtual servers to ensure data availability and organizational operation continuity in the event of a disaster. DRaaS minimizes downtime and data loss by providing organizations with the ability to perform a full recovery of their IT infrastructure in a secondary, cloud-based environment.

Additional Information:

The Disaster Recovery as a Service (DRaaS) market comprises revenue, revenue change, and average spend per employee as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the DRaaS market include companies such as Microsoft Azure, IBM, and Recovery Point Systems.

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Cloud-based disaster recovery solutions such as Amazon Web Services (AWS) Disaster Recovery, Microsoft Azure Site Recovery, and Google Cloud Disaster Recovery
Real-time Replication and Continuous Data Protection (CDP) such as Zerto Virtual Replication, Veeam Backup & Replication, and Commvault Continuous Data Replication
Disaster recovery orchestration tools, such as IBM Resiliency Orchestration, VMware Site Recovery Manager, and Rubrik Polaris

Traditional on-premises disaster recovery solutions, such as Symantec Backup Exec, and Veritas NetBackup Appliance
Standalone Business Continuity Planning (BCP) tools not integrated with DRaaS, such as Fusion Framework System, ClearView, and BC in the Cloud

The Disaster Recovery as a Service market within the Public Cloud sector in Burundi is witnessing a negligible decline, influenced by limited infrastructure, low awareness of cloud solutions, and economic challenges that hinder adoption and investment in advanced recovery services.

Customer preferences: As awareness of the importance of data security grows among businesses in Burundi, there is a gradual shift towards exploring Disaster Recovery as a Service (DRaaS) within the Public Cloud market. Organizations are increasingly prioritizing data protection and business continuity, influenced by rising concerns over data loss and cyber threats. Additionally, the growing adoption of mobile and internet technologies among younger demographics is fostering a demand for reliable cloud-based recovery solutions, reflecting a cultural shift towards valuing digital resilience in an evolving economic landscape.

Trends in the market: In Burundi, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud sector is experiencing an upward trajectory as businesses increasingly recognize the critical need for data security and resilience. Organizations are adopting cloud-based recovery solutions to mitigate the risks of data loss and cyber threats, driven by heightened awareness of these challenges. This trend is significant as it not only enhances business continuity but also promotes a shift in organizational culture towards digital transformation. Industry stakeholders must adapt to this evolving landscape by investing in robust DRaaS offerings that meet the growing demand for reliable data protection solutions.

Local special circumstances: In Burundi, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud sector is shaped by unique local factors such as limited infrastructure and a growing emphasis on data security. The country's vulnerability to natural disasters, including landslides and floods, drives businesses to prioritize resilient data solutions. Additionally, cultural attitudes towards technology are evolving, with a younger demographic increasingly embracing digital tools. Regulatory frameworks are also gradually adapting to support cloud adoption, enhancing trust in DRaaS offerings and fostering a more secure digital landscape for organizations.

Underlying macroeconomic factors: The Disaster Recovery as a Service (DRaaS) market in Burundi is significantly influenced by macroeconomic factors such as national economic stability, foreign investment, and infrastructural development. As the global economy shifts towards digital transformation, Burundi’s economic health, characterized by moderate growth and increasing foreign direct investment, enhances the adoption of cloud-based solutions. Fiscal policies aimed at improving technological infrastructure encourage businesses to invest in DRaaS, fostering resilience against natural disasters. Furthermore, the rising awareness of cybersecurity threats amplifies the need for robust data recovery solutions, propelling market growth in the public cloud sector.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Together with platform as a service (PaaS) and infrastructure as a service (IaaS), software as a service (SaaS) is one of the three primary tiers of cloud computing. It allows businesses to redirect resources away from IT hardware, software, and personnel expenses, and towards other business needs. Currently, the most prominent companies in the SaaS market are Microsoft, Salesforce, Oracle, SAP, and Google.