The Disaster Recovery as a Service (DRaaS) market within the Public Cloud sector in CIS is experiencing elevated growth, fueled by increasing cyber threats, rising data protection regulations, and the demand for business continuity solutions among enterprises.
Customer preferences: Organizations are increasingly prioritizing robust disaster recovery solutions to safeguard their operations against potential disruptions. This trend is driven by a growing awareness of the importance of data resilience in the face of rising cyber threats and regulatory pressures. Additionally, businesses are leaning toward flexible, scalable DRaaS offerings that align with their digital transformation initiatives. The shift towards remote work and cloud-based operations is also prompting enterprises to seek comprehensive recovery strategies that ensure business continuity and protect critical data assets.
Trends in the market: In North America, the Disaster Recovery as a Service (DRaaS) market is experiencing a surge as organizations increasingly adopt cloud-based solutions to enhance data resilience and ensure business continuity. In Asia-Pacific, companies are investing in scalable DRaaS offerings to meet regulatory compliance and mitigate risks associated with cyber threats. In Europe, the focus is shifting towards integrated disaster recovery solutions that align with digital transformation efforts, enabling businesses to maintain operational efficiency while protecting critical data assets.
Local special circumstances: In Canada, the Disaster Recovery as a Service (DRaaS) market is thriving due to stringent data sovereignty regulations that require organizations to store and manage data within national borders. This has led to a heightened demand for localized DRaaS solutions that comply with these laws while ensuring data integrity. In Australia, the increasing frequency of natural disasters is prompting businesses to prioritize robust disaster recovery plans, driving investment in scalable cloud solutions that enhance resilience and operational continuity.
Underlying macroeconomic factors: The Disaster Recovery as a Service (DRaaS) market within the Public Cloud sector is significantly influenced by macroeconomic factors including technological advancements, regulatory frameworks, and national economic stability. Countries with strong fiscal policies that encourage cloud adoption and robust IT infrastructure are witnessing accelerated growth in DRaaS solutions. Additionally, the rising awareness of cybersecurity threats and the need for business continuity are prompting organizations to invest in scalable disaster recovery strategies. Global economic trends, such as increased reliance on remote work and digital transformation, further amplify the demand for reliable DRaaS offerings, ensuring operational resilience in an ever-evolving landscape.
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.
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