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Europe Cloud Backup Market Size, Share & Trends Analysis Report By Component (Solutions and Services), By Solutions, By Enterprise Size, By Deployment, By Service Providers, By End Use, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 152 Pages
  • August 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6004194
Description Jump to:
The Europe Cloud Backup Market would witness market growth of 23.6% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Cloud Backup Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1.63 billion by 2031. The UK market is exhibiting a CAGR of 22.5% during 2024-2031. Additionally, the France market would experience a CAGR of 24.6% during 2024-2031.



Cloud backup provides a secure and dependable method of guaranteeing that data is accessible, recoverable, and protected in the event of system malfunctions, cyberattacks, or natural disasters. The cloud backup market, which is currently valued at billions of dollars, is expected to continue to expand because of the rising demand for affordable and effective data protection solutions.

Additionally, as businesses and organizations become more reliant on data for their operations, the need to safeguard this valuable asset has grown significantly. Several factors, including the exponential growth of data, the rise of cyber threats, and the need for greater flexibility and scalability, drive the shift from traditional on-premises backup solutions to cloud-based services.

European businesses are embracing cloud backup solutions to ensure data protection, compliance with regulatory standards, and business continuity. The General Data Protection Regulation (GDPR) has profoundly impacted European cloud adoption, requiring businesses to implement secure data management practices. According to Eurostat, 41% of EU enterprises used cloud computing services in 2021, with cloud backup solutions being a key component of many companies' digital strategies.

List of Key Companies Profiled

  • Acronis International GmbH
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Asigra Inc.
  • Backblaze, Inc.
  • Dropbox, Inc.
  • IDrive Inc.
  • IBM Corporation
  • Microsoft Corporation
  • Open Text Corporation
  • Google LLC

Market Report Segmentation

By Component

  • Solutions
  • Primary Storage
  • Disaster Recovery
  • Backup Storage
  • Services

By Enterprise Size

  • Large Enterprises
  • SMEs

By Deployment

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By Service Providers

  • Cloud
  • Managed
  • Telecom & Communication
  • Others

By End Use

  • BFSI
  • IT & ITES
  • Healthcare
  • Retail & E-commerce
  • Manufacturing
  • Others

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Cloud Backup Market, by Component
1.4.2 Europe Cloud Backup Market, by Enterprise Size
1.4.3 Europe Cloud Backup Market, by Deployment
1.4.4 Europe Cloud Backup Market, by Service Providers
1.4.5 Europe Cloud Backup Market, by End Use
1.4.6 Europe Cloud Backup Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2023, Mar - 2024, Jun) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Europe Cloud Backup Market by Component
5.1 Europe Solutions Market by Country
5.2 Europe Cloud Backup Market By Solutions Type
5.2.1 Europe Primary Storage Market by Country
5.2.2 Europe Disaster Recovery Market by Country
5.2.3 Europe Backup Storage Market by Country
5.3 Europe Services Market by Country
Chapter 6. Europe Cloud Backup Market by Enterprise Size
6.1 Europe Large Enterprises Market by Country
6.2 Europe SMEs Market by Country
Chapter 7. Europe Cloud Backup Market by Deployment
7.1 Europe Public Cloud Market by Country
7.2 Europe Private Cloud Market by Country
7.3 Europe Hybrid Cloud Market by Country
Chapter 8. Europe Cloud Backup Market by Service Providers
8.1 Europe Cloud Market by Country
8.2 Europe Managed Market by Country
8.3 Europe Telecom & Communication Market by Country
8.4 Europe Others Market by Country
Chapter 9. Europe Cloud Backup Market by End Use
9.1 Europe BFSI Market by Country
9.2 Europe IT & ITES Market by Country
9.3 Europe Healthcare Market by Country
9.4 Europe Retail & E-commerce Market by Country
9.5 Europe Manufacturing Market by Country
9.6 Europe Others Market by Country
Chapter 10. Europe Cloud Backup Market by Country
10.1 Germany Cloud Backup Market
10.1.1 Germany Cloud Backup Market by Component
10.1.1.1 Germany Cloud Backup Market By Solutions Type
10.1.2 Germany Cloud Backup Market by Enterprise Size
10.1.3 Germany Cloud Backup Market by Deployment
10.1.4 Germany Cloud Backup Market by Service Providers
10.1.5 Germany Cloud Backup Market by End Use
10.2 UK Cloud Backup Market
10.2.1 UK Cloud Backup Market by Component
10.2.1.1 UK Cloud Backup Market By Solutions Type
10.2.2 UK Cloud Backup Market by Enterprise Size
10.2.3 UK Cloud Backup Market by Deployment
10.2.4 UK Cloud Backup Market by Service Providers
10.2.5 UK Cloud Backup Market by End Use
10.3 France Cloud Backup Market
10.3.1 France Cloud Backup Market by Component
10.3.1.1 France Cloud Backup Market By Solutions Type
10.3.2 France Cloud Backup Market by Enterprise Size
10.3.3 France Cloud Backup Market by Deployment
10.3.4 France Cloud Backup Market by Service Providers
10.3.5 France Cloud Backup Market by End Use
10.4 Russia Cloud Backup Market
10.4.1 Russia Cloud Backup Market by Component
10.4.1.1 Russia Cloud Backup Market By Solutions Type
10.4.2 Russia Cloud Backup Market by Enterprise Size
10.4.3 Russia Cloud Backup Market by Deployment
10.4.4 Russia Cloud Backup Market by Service Providers
10.4.5 Russia Cloud Backup Market by End Use
10.5 Spain Cloud Backup Market
10.5.1 Spain Cloud Backup Market by Component
10.5.1.1 Spain Cloud Backup Market By Solutions Type
10.5.2 Spain Cloud Backup Market by Enterprise Size
10.5.3 Spain Cloud Backup Market by Deployment
10.5.4 Spain Cloud Backup Market by Service Providers
10.5.5 Spain Cloud Backup Market by End Use
10.6 Italy Cloud Backup Market
10.6.1 Italy Cloud Backup Market by Component
10.6.1.1 Italy Cloud Backup Market By Solutions Type
10.6.2 Italy Cloud Backup Market by Enterprise Size
10.6.3 Italy Cloud Backup Market by Deployment
10.6.4 Italy Cloud Backup Market by Service Providers
10.6.5 Italy Cloud Backup Market by End Use
10.7 Rest of Europe Cloud Backup Market
10.7.1 Rest of Europe Cloud Backup Market by Component
10.7.1.1 Rest of Europe Cloud Backup Market By Solutions Type
10.7.2 Rest of Europe Cloud Backup Market by Enterprise Size
10.7.3 Rest of Europe Cloud Backup Market by Deployment
10.7.4 Rest of Europe Cloud Backup Market by Service Providers
10.7.5 Rest of Europe Cloud Backup Market by End Use
Chapter 11. Company Profiles
11.1 Acronis International GmbH
11.1.1 Company Overview
11.2 Asigra Inc.
11.2.1 Company Overview
11.3 Backblaze, Inc.
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Regional Analysis
11.3.4 Research & Development Expenses
11.4 IDrive Inc.
11.4.1 Company Overview
11.5 Amazon Web Services, Inc. (Amazon.com, Inc.)
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental Analysis
11.5.4 Recent strategies and developments
11.5.4.1 Partnerships, Collaborations, and Agreements
11.5.5 SWOT Analysis
11.6 Dropbox, Inc.
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Recent strategies and developments
11.6.3.1 Acquisition and Mergers
11.7 IBM Corporation
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Regional & Segmental Analysis
11.7.4 Research & Development Expenses
11.7.5 Recent strategies and developments
11.7.5.1 Partnerships, Collaborations, and Agreements
11.7.6 SWOT Analysis
11.8 Microsoft Corporation
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Segmental and Regional Analysis
11.8.4 Research & Development Expenses
11.8.5 Recent strategies and developments
11.8.5.1 Product Launches and Product Expansions
11.8.6 SWOT Analysis
11.9 Open Text Corporation
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Segmental and Regional Analysis
11.9.4 Research & Development Expenses
11.9.5 Recent strategies and developments
11.9.5.1 Product Launches and Product Expansions
11.9.6 SWOT Analysis
11.10. Google LLC (Alphabet Inc.)
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 Research & Development Expense
11.10.5 Recent strategies and developments
11.10.5.1 Partnerships, Collaborations, and Agreements
11.10.5.2 Product Launches and Product Expansions
11.10.5.3 Acquisition and Mergers
11.10.6 SWOT Analysis

Companies Mentioned

  • Acronis International GmbH
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Asigra Inc.
  • Backblaze, Inc.
  • Dropbox, Inc.
  • IDrive Inc.
  • IBM Corporation
  • Microsoft Corporation
  • Open Text Corporation
  • Google LLC

Methodology

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About the Cloud Backup Market

The Cloud Backup market is a subset of the larger Cloud Computing and Storage industry. It involves the use of cloud-based services to store and protect data from loss or damage. This is done by creating copies of data and storing them in a secure, off-site location. Cloud Backup services are typically used by businesses to ensure their data is safe and secure, and can be recovered in the event of a disaster. Cloud Backup services are becoming increasingly popular due to their cost-effectiveness and scalability. They also provide users with the ability to access their data from anywhere, at any time. Some companies in the Cloud Backup market include Acronis, Carbonite, Backblaze, IDrive, and CrashPlan. Show Less Read more

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