Disaster Recovery as a Service - Mozambique

  • Mozambique
  • Revenue in the Disaster Recovery as a Service is projected to reach US$3.27m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 25.84%, resulting in a market volume of US$10.32m 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 (DRaaS) market within the Public Cloud sector in Mozambique is witnessing significant growth, fueled by increased awareness of data security, the rising need for business continuity solutions, and the expanding digital infrastructure in the region.

Customer preferences:
Consumers in Mozambique are increasingly prioritizing robust data protection and business continuity measures, driving demand for Disaster Recovery as a Service (DRaaS) solutions in the Public Cloud market. This shift is influenced by a growing awareness of the risks associated with data loss and cyber threats, particularly among small and medium-sized enterprises. Additionally, the rise of remote work and digital operations is prompting businesses to seek reliable recovery options, reflecting a cultural shift towards resilience and adaptability in the face of evolving technological landscapes.

Trends in the market:
In Mozambique, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud sector is experiencing significant growth, driven by heightened awareness of data security and the imperative for business continuity. Small and medium-sized enterprises are increasingly adopting DRaaS solutions to mitigate risks associated with data loss and cyber threats. This trend is further accelerated by the shift towards remote work and digital transformation, prompting businesses to invest in resilient recovery strategies. As a result, industry stakeholders must adapt to these evolving demands by enhancing their service offerings and prioritizing customer education on the importance of comprehensive disaster recovery plans.

Local special circumstances:
In Mozambique, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud sector is shaped by unique geographical challenges, such as vulnerability to natural disasters like cyclones and floods, which heighten the urgency for robust data protection strategies. Culturally, there is a growing recognition of the value of digital continuity among businesses, spurred by local success stories of companies overcoming disruptions. Additionally, regulatory frameworks are evolving to emphasize data security, compelling organizations to adopt DRaaS solutions as part of their compliance strategies.

Underlying macroeconomic factors:
The Disaster Recovery as a Service (DRaaS) market in Mozambique is significantly influenced by macroeconomic factors such as global economic trends, national economic stability, and fiscal policies. The increasing frequency of natural disasters has prompted both public and private sectors to prioritize investment in resilient cloud-based solutions. Favorable fiscal policies and international aid aimed at disaster preparedness enhance the local economy, encouraging businesses to adopt DRaaS for continuity and compliance. Additionally, global shifts towards digital transformation and data security are creating opportunities for local providers to innovate and meet rising demand, ultimately strengthening the market.

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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