Disaster Recovery as a Service - Egypt

  • Egypt
  • Revenue in the Disaster Recovery as a Service is projected to reach US$49.47m in 2024.
  • 0 dominates the market with a projected market volume of 0 in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 23.67%, resulting in a market volume of US$143.10m 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 Market in Egypt is experiencing mild growth, influenced by factors such as increasing awareness of data security, the rising need for business continuity, and the gradual adoption of cloud technologies by various sectors.

Customer preferences:
Organizations in Egypt are increasingly prioritizing robust disaster recovery solutions as they recognize the importance of safeguarding critical data and ensuring operational resilience. This shift is influenced by a growing awareness of cyber threats and the need for continuous business operations amid unforeseen disruptions. Furthermore, the younger, tech-savvy workforce is driving demand for flexible, cloud-based solutions that align with their digital lifestyle, prompting businesses to adopt Disaster Recovery as a Service offerings that cater to modern needs for agility and reliability.

Trends in the market:
In Egypt, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud is experiencing significant growth, driven by heightened awareness of data protection and operational continuity. Organizations are increasingly adopting cloud-based DRaaS solutions to mitigate risks associated with cyber threats and natural disasters. This trend is further fueled by a younger workforce that favors agile and scalable technology. As businesses recognize the strategic importance of reliable disaster recovery, industry stakeholders must adapt to evolving customer demands and invest in innovative solutions to remain competitive in this dynamic landscape.

Local special circumstances:
In Egypt, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud is shaped by unique local factors such as its geographical vulnerability to natural disasters and political instability. The Nile's periodic flooding and seismic activity necessitate robust data protection strategies. Culturally, there is a growing emphasis on digital transformation, particularly among tech-savvy youth. Furthermore, regulatory frameworks are evolving, with the government promoting data sovereignty, compelling organizations to adopt compliant and secure cloud-based DRaaS solutions to safeguard critical business operations.

Underlying macroeconomic factors:
The Disaster Recovery as a Service (DRaaS) market in Egypt is significantly influenced by macroeconomic factors, including national economic stability, foreign investment trends, and global cloud adoption rates. The country's ongoing economic reforms aim to attract foreign capital, which bolsters the tech sector and enhances infrastructure development. Furthermore, the rising demand for secure data management solutions amid increasing cyber threats drives organizations to invest in DRaaS. Global economic trends, such as the shift towards remote work and digital services, further amplify this demand, positioning Egypt as a growing hub for cloud-based disaster recovery solutions.

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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