The Disaster Recovery as a Service (DRaaS) market within the Public Cloud sector in MENA is witnessing elevated growth, fueled by increasing cyber threats, the need for business continuity, and heightened investments in cloud infrastructure by organizations.
Customer preferences: Organizations in the MENA region are increasingly prioritizing robust disaster recovery solutions, reflecting a growing awareness of the importance of data protection and business resilience. This shift is driven by a rising number of cyber threats and the need for seamless operations during disruptions. Additionally, businesses are favoring integrated cloud solutions that offer scalability and flexibility, aligning with the region's rapid digital transformation. The emphasis on local data sovereignty is also influencing preferences, as organizations seek DRaaS options that comply with regional regulations and cultural considerations.
Trends in the market: In the MENA region, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud is experiencing a significant shift towards comprehensive, integrated solutions. Organizations are increasingly adopting DRaaS to enhance data protection and ensure business continuity amid rising cyber threats and operational disruptions. This trend emphasizes the need for scalable and flexible cloud solutions that align with the region's digital transformation. Furthermore, local data sovereignty concerns are shaping preferences for DRaaS offerings that comply with regional regulations, highlighting the importance of tailored solutions for industry stakeholders.
Local special circumstances: In the MENA region, the Disaster Recovery as a Service (DRaaS) market is shaped by unique factors such as geopolitical instability and a diverse regulatory landscape. Countries in this region face frequent disruptions from natural disasters and political unrest, driving the demand for robust business continuity solutions. Additionally, cultural emphasis on data privacy and local data residency laws compel organizations to seek DRaaS providers that ensure compliance. This landscape fosters partnerships with local vendors, enhancing service customization and alignment with regional needs.
Underlying macroeconomic factors: The Disaster Recovery as a Service (DRaaS) market in the MENA region is significantly influenced by macroeconomic factors such as regional economic stability, investment in cloud infrastructure, and the growing emphasis on digital transformation. Countries experiencing economic growth and increased IT spending are more likely to adopt DRaaS solutions to enhance business resilience. Furthermore, fluctuations in oil prices can impact national budgets, affecting public and private sector investments in disaster recovery. Additionally, the rise of remote work and digital services has heightened the need for robust recovery solutions, driving demand in the public cloud market amidst ongoing geopolitical challenges.
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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