Disaster Recovery as a Service - Pakistan

  • Pakistan
  • Revenue in the Disaster Recovery as a Service is projected to reach US$50.28m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.68%, resulting in a market volume of US$128.70m 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 Pakistan is witnessing elevated growth, fueled by increasing reliance on cloud solutions, heightened awareness of data security, and the urgent need for robust business continuity strategies.

Customer preferences:
Businesses in Pakistan are increasingly prioritizing comprehensive disaster recovery solutions, reflecting a shift towards a proactive approach in safeguarding critical data. The growing trend of remote work has intensified the demand for reliable cloud-based recovery services, as organizations seek to ensure operational continuity during unforeseen disruptions. Additionally, heightened awareness of cybersecurity threats is prompting enterprises to invest in robust disaster recovery plans, aligning with a cultural emphasis on resilience and risk management in an evolving digital landscape.

Trends in the market:
In Pakistan, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud sector is experiencing significant growth, driven by an increasing emphasis on data protection and operational resilience. Organizations are adopting cloud-based solutions to ensure swift recovery from unexpected disruptions, fueled by the rise of remote work. This trend is underscored by a heightened focus on cybersecurity, prompting businesses to invest in comprehensive disaster recovery strategies. As stakeholders prioritize resilience, the implications for service providers include a growing demand for innovative, scalable solutions that can adapt to evolving threats and ensure business continuity.

Local special circumstances:
In Pakistan, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud sector is influenced by unique geographical and cultural factors, including a susceptibility to natural disasters like floods and earthquakes. These events compel organizations to prioritize data protection and recovery solutions. Additionally, the regulatory landscape is evolving, with the government promoting digital transformation, which encourages businesses to adopt cloud technologies. This context fosters a demand for tailored DRaaS solutions that address local challenges, ensuring operational resilience and continuity amidst uncertainties.

Underlying macroeconomic factors:
The Disaster Recovery as a Service (DRaaS) market in Pakistan is significantly shaped by macroeconomic factors such as economic growth, investment in IT infrastructure, and regulatory frameworks. The national economy's resilience, coupled with increasing foreign direct investment, is fostering a more conducive environment for adopting cloud solutions. Additionally, government initiatives aimed at digital transformation are enhancing the regulatory landscape, encouraging businesses to prioritize data security. Global economic trends, including the rising frequency of cyber threats and natural disasters, further amplify the demand for robust DRaaS solutions, ensuring organizations can maintain operational continuity and safeguard critical data.

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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