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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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
The Disaster Recovery as a Service (DRaaS) market within the Public Cloud sector in Kazakhstan is witnessing extraordinary growth. Key factors driving this surge include increased data security concerns, the need for business continuity, and the rapid digital transformation across industries.
Customer preferences: In Kazakhstan, businesses are increasingly prioritizing disaster recovery solutions to safeguard their digital assets, reflecting a cultural shift towards proactive risk management. This trend is fueled by a younger, tech-savvy demographic that values seamless business operations and minimal downtime. Additionally, the rise of remote work has heightened the need for robust backup systems, as companies seek to ensure continuity regardless of location. As digital transformation accelerates, organizations are leaning towards DRaaS solutions that offer scalability and flexibility tailored to their evolving operational needs.
Trends in the market: In Kazakhstan, the Disaster Recovery as a Service (DRaaS) market within the public cloud sector is experiencing significant growth as organizations increasingly recognize the importance of safeguarding their digital infrastructures. This trend is driven by a surge in digital transformation initiatives, with companies seeking scalable and flexible recovery solutions that align with their operational requirements. As remote work becomes more prevalent, there is a heightened emphasis on ensuring business continuity, prompting stakeholders to invest in robust DRaaS offerings. The implications for industry players include the need for enhanced service delivery and innovation to meet evolving customer demands.
Local special circumstances: In Kazakhstan, the Disaster Recovery as a Service (DRaaS) market within the public cloud sector is shaped by unique geographical and regulatory factors. The vast and diverse terrain poses challenges in connectivity and infrastructure, prompting organizations to prioritize robust disaster recovery solutions. Additionally, the government’s emphasis on digitalization and cybersecurity regulations encourages businesses to adopt DRaaS offerings that comply with local standards. Cultural attitudes towards risk management further influence market dynamics, as companies increasingly seek reliable recovery options to ensure operational resilience in the face of potential disruptions.
Underlying macroeconomic factors: The Disaster Recovery as a Service (DRaaS) market in Kazakhstan is significantly influenced by macroeconomic factors such as the overall economic stability, investment in digital infrastructure, and government fiscal policies. The national economy's growth, driven by sectors like energy and mining, fosters an environment conducive to IT spending, including cloud services. Furthermore, the government’s initiatives to enhance digital transformation and cybersecurity create a supportive regulatory framework, encouraging organizations to adopt DRaaS solutions. Additionally, global economic trends, such as increased awareness of cyber threats and the need for business continuity, further propel demand for reliable disaster recovery services in the region.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
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.