The Germany market dominated the Europe Disaster Recovery As A Service Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $4.64 billion by 2031. The UK market is exhibiting a CAGR of 24.3% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 26.3% during 2024-2031.
The cost efficiency and pay-as-you-go models of DRaaS have made it a preferred choice for businesses looking to ensure business continuity without the heavy financial burden of traditional disaster recovery solutions. Unlike CAPEX-intensive approaches that require large upfront investments in hardware, data centers, and IT teams, DRaaS operates on an OPEX model, allowing businesses to subscribe to disaster recovery services without maintaining costly infrastructure.
The pay-as-you-go pricing model provides financial flexibility and scalability, guaranteeing that enterprises are charged solely for the resources they utilize. This model is especially advantageous for companies with fluctuating demand, such as e-commerce businesses that experience seasonal spikes in traffic or rapidly growing startups. With metered billing based on factors like storage usage, recovery speed, and geographic redundancy, businesses can optimize costs while ensuring they have the right level of protection.
The increasing frequency of cyber threats, digital transformation initiatives, and strict data privacy regulations have positioned Europe as a major Disaster Recovery as a Service market. As industries embrace automation, cloud computing, and AI-driven technologies, the need for real-time disaster recovery solutions to mitigate cyber risks, data breaches, and system failures has intensified. Germany, known for its strong industrial base, saw manufacturing contribute approximately 23.4% of GDP in 2021, according to the Federal Statistical Office (Destatis). The integration of Industrial IoT (IIoT), AI-driven predictive maintenance, and cloud-based DRaaS platforms is becoming a standard practice to safeguard critical manufacturing data from cyber risks, system failures, and operational disruptions. The rising number of cybersecurity breaches and data loss incidents in Europe is driving substantial investments in disaster recovery solutions. Thus, as European industries increasingly embrace cloud-based infrastructure, AI-driven automation, and hybrid IT environments, the demand for DRaaS solutions is expected to grow significantly.
List of Key Companies Profiled
- IBM Corporation
- Microsoft Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Cisco Systems, Inc.
- HP Inc.
- Barracuda Networks, Inc. (KKR & Co. Inc.)
- Google LLC (Alphabet Inc.)
- Verizon Communications, Inc.
- VMware, Inc. (Broadcom Inc.)
- Oracle Corporation
Market Report Segmentation
By Deployment- Public Cloud
- Private Cloud
- Hybrid Cloud
- Recovery & Backup Services
- Real-time Replication Services
- Data Protection Services
- Professional Services
- Cloud Service Providers
- Telecommunication Service Providers
- Managed Service Providers
- BFSI
- IT & Telecommunication
- Retail & Consumer Goods
- Healthcare
- Government
- Media & Entertainment
- Other End-use
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Companies Mentioned
- IBM Corporation
- Microsoft Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Cisco Systems, Inc.
- HP Inc.
- Barracuda Networks, Inc. (KKR & Co. Inc.)
- Google LLC (Alphabet Inc.)
- Verizon Communications, Inc.
- VMware, Inc. (Broadcom Inc.)
- Oracle Corporation
Methodology
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