The Disaster Recovery as a Service market within the Public Cloud market in Iraq is witnessing elevated growth, fueled by increasing reliance on cloud solutions, heightened awareness of data security, and the need for business continuity in a rapidly evolving digital landscape.
Customer preferences: In Iraq, businesses are increasingly prioritizing robust disaster recovery solutions within the public cloud, driven by a growing recognition of the importance of data resilience. This trend is particularly evident among younger entrepreneurs who favor innovative, scalable solutions that align with their digital-first mindset. Additionally, the rise in remote work has heightened the demand for seamless continuity strategies, prompting organizations to invest in cloud-based services that ensure operational stability amid regional uncertainties and infrastructural challenges.
Trends in the market: In Iraq, the Disaster Recovery as a Service (DRaaS) market within the public cloud is experiencing significant growth, as organizations increasingly recognize the necessity of safeguarding their data against potential disruptions. This trend is especially prominent among startups and SMEs that are adopting cloud-native solutions to enhance their operational resilience. Furthermore, the ongoing digital transformation is driving the integration of automated recovery processes, enabling businesses to minimize downtime. As regional instability persists, industry stakeholders must prioritize innovative cloud strategies, ensuring they can maintain business continuity and protect critical assets in an uncertain environment.
Local special circumstances: In Iraq, the Disaster Recovery as a Service (DRaaS) market within the public cloud is influenced by a combination of geographical challenges, cultural attitudes towards technology, and regulatory frameworks. The country's susceptibility to natural disasters and geopolitical instability creates an urgent need for robust data protection solutions. Moreover, cultural shifts towards embracing technology among younger entrepreneurs are fostering innovation. However, regulatory hurdles, such as data sovereignty concerns, require organizations to navigate complex compliance landscapes, shaping their adoption of DRaaS solutions.
Underlying macroeconomic factors: The Disaster Recovery as a Service (DRaaS) market within the public cloud in Iraq is significantly influenced by macroeconomic factors such as national economic stability, investment in technology infrastructure, and global economic trends. Iraq's ongoing economic recovery, driven by oil revenues and foreign investments, presents opportunities for organizations to adopt innovative data protection solutions. However, fluctuating oil prices and governmental fiscal policies can impact overall IT spending. Additionally, global shifts towards cloud computing and digital transformation are encouraging local businesses to invest in DRaaS, enhancing resilience against disasters while navigating regulatory frameworks that govern data protection and sovereignty.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
