Nigeria DRaaS Market revenue is projected to grow at a CAGR of 11.8% during 2025-2031F

Public Cloud segment by deployment type held the highest revenue share in Nigeria DRaaS Market -6Wresearch

In 2024, by deployment type, Public Cloud dominated the Nigeria DRaaS market, capturing the largest revenue share due to its cost-effectiveness, scalability, and ease of deployment. Public cloud is expected to maintain its dominance in the coming years as businesses continue to prefer flexible, on-demand disaster recovery solutions over costly on-premise alternatives.

According to 6Wresearch, Nigeria DRaaS Market revenue is projected to grow at a CAGR of 11.8% during 2025-2031F. The Nigeria DRaaS market is growing steadily, driven by rising cyber threats, increasing cloud adoption, and stricter data protection regulations. In early 2023, ransomware and malware attacks surged, prompting businesses to invest in third-party DRaaS solutions to reduce downtime and prevent data loss. The Nigeria Data Protection Act (NDPA), 2023, has further strengthened compliance requirements, encouraging greater adoption of disaster recovery solutions. Additionally, digital transformation initiatives from the Federal Ministry of Communications, Innovation & Digital Economy are accelerating cloud adoption across industries. The EU-Nigeria Digital Economy Package (2021–2024) has committed $860.1 million toward digital infrastructure, cloud technology, and cybersecurity, fostering a more supportive environment for DRaaS growth. As businesses digitize operations, the demand for scalable, secure disaster recovery solutions continues to rise.

Nigeria’s DRaaS market is set for rapid expansion, driven by 5G adoption, AI-powered automation, and increasing digitalization across key sectors like banking, telecom, and ICT. In 2022, the Central Bank of Nigeria (CBN) has launched the Payments System Vision 2025 (PSV 2025), a strategic roadmap to accelerate electronic payment adoption, which would increase the demand for secure and resilient disaster recovery solutions. Additionally, Nigeria’s Broadband Plan aims to achieve data speeds of 25 Mbps in urban areas and 10 Mbps in rural areas, with 90% population coverage by 2025, improving cloud accessibility for businesses. With real-time transactions projected to reach 8.8 billion annually by 2026, organizations would require robust DRaaS solutions to ensure business continuity, data security, and regulatory compliance, further fuelling market growth.

According to Sumit, Senior Research Analyst, 6Wresearch, In 2024, by service type, Backup & Restore held the largest revenue share, driven by data security needs, regulatory compliance, and business continuity. Its dominance is expected to continue as businesses adopt cloud-based backup solutions to counter cyber threats and system failures, with growing demand for scalable, automated recovery strategies in hybrid and multi-cloud environments.

Nigeria DRaaS Market (2025-2031) report provides an in-depth analysis with 17 figures and 4 tables, covered in 72 pages. The report thoroughly covers market by service type, deployment type, organization size and vertical. Nigeria DRaaS Market outlook report provides an unbiased and detailed analysis of the on-going Nigeria DRaaS Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.