Disaster Recovery as a Service - Republic of the Congo

  • Republic of the Congo
  • Revenue in the Disaster Recovery as a Service is projected to reach US$2.21m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 19.74%, resulting in a market volume of US$5.44m 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 the Republic of the Congo is witnessing significant growth. This surge is fueled by increasing reliance on cloud solutions, heightened awareness of data security, and the need for business continuity in a digital landscape.

Customer preferences:
Businesses in the Republic of the Congo are increasingly prioritizing robust disaster recovery solutions, reflecting a growing awareness of the risks associated with data loss and operational disruptions. This trend is driven by a younger, tech-savvy demographic that values agility and resilience in their operations. Moreover, as companies expand their digital footprints, there is a heightened demand for tailored DRaaS offerings that cater to local market conditions, emphasizing flexibility and cost-effectiveness. This shift highlights the evolving landscape of business continuity in the region.

Trends in the market:
In the Republic of the Congo, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud sector is experiencing significant growth, driven by a rising awareness of data protection and business continuity among local enterprises. As organizations increasingly embrace digital transformation, there is a notable demand for scalable and cost-effective DRaaS solutions tailored to regional needs. This trend is particularly influential among startups and small businesses, which prioritize agility and resilience. The implications for industry stakeholders include the necessity to innovate service offerings and enhance customer support, fostering a more robust disaster recovery ecosystem.

Local special circumstances:
In the Republic of the Congo, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud sector is influenced by the country's unique geographical challenges, such as its vulnerability to natural disasters like floods and epidemics. Additionally, cultural attitudes towards technology adoption are shifting, with businesses recognizing the importance of data security. Regulatory frameworks are also evolving, promoting digital resilience. These factors drive local enterprises, particularly in urban areas, to seek reliable DRaaS solutions that ensure operational continuity and safeguard against disruptions.

Underlying macroeconomic factors:
The Disaster Recovery as a Service (DRaaS) market within the Public Cloud sector in the Republic of the Congo is shaped by macroeconomic factors such as global economic trends, national economic stability, and fiscal policies. The ongoing global digital transformation drives demand for cloud-based solutions, while local economic growth and investment in technology infrastructure enhance market potential. Additionally, government initiatives aimed at improving digital resilience and cybersecurity frameworks encourage businesses to adopt DRaaS, ensuring operational continuity amid economic fluctuations. The convergence of these factors positions DRaaS as a critical investment for enterprises navigating a rapidly evolving digital landscape.

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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