The Europe Data Security as a Service Market should witness market growth of 12.3% CAGR during the forecast period (2022-2028).
Data protection is now more critical than ever because of the development of cloud computing and software-defined data centers with virtualized infrastructure components offered as a service. Data security as a service (DSaaS)has been introduced due to cloud service providers' growing demand for data protection.
Most company programs and data were housed on internal servers until a few years ago. Although this placed all of the responsibility for security on the operation, at least it was apparent what needed to be guarded and how to achieve it. Local and well-known infrastructure was in place. The usage ofSoftware as a Service (SaaS) products changedeverything.
All professionals should be using strong passwords and two-factor authentication by this time. However, occasionally it still needs a little more push to ensure they follow the guidelines. Email & Office Security protects customer identities and other confidential information while securing staff accounts from hackers. Customers take data breaches seriously, but Email & Office Security prevents hackers at the door, so the company needn't worry.
The UK has more high-growth businesses than its European counterparts, having founded 144 unicorns, 237 future corns, and over 85,000 startups and scale-ups. With 95,808 IT firms (software and hardware, as of 2019), Germany has one of the largest ICT marketplaces in the world and the only largest software industry in Europe. The industry consists of significant shareholders like Microsoft, Apple, Dell, Adobe, IBM, Oracle, and SAP. There are also a lot of SMEs in the industry that are highly specialized. From 2007, the total revenue earned by the IT sector has increased, going from USD 76.4 billion to an expected USD 114.3 billion in 2021. The region's strong IT industry will increase demand for solutions based on data security, which is anticipated to boost market expansion.
The Germany market dominated the Europe Data Security as a Service Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,150.1 million by 2028. The UK market is anticipated to grow at a CAGR of 11.4% during (2022-2028). Additionally, The France market would exhibit a CAGR of 13.1% during (2022-2028).
Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Type, the market is segmented into Data Encryption & Masking as a Service, Data Backup & Recovery as a Service, Data Discovery & Classification as a Service, Data Access Control as a Service, Data Governance & Compliance as a Service and Data Auditing & Monitoring as a Service. Based on Vertical, the market is segmented into BFSI, IT & ITes, Retail & eCommerce, Healthcare & Life Sciences, Telecommunications, Manufacturing, Media & Entertainment, Energy & Utilities and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Cisco Systems, Inc., Amazon Web Services, Inc. (Amazon.com, Inc.), Microsoft Corporation, Hewlett Packard Enterprise Company (HP Development Company L.P.), Cognizant Technology Solutions Corporation, Veritas Technologies LLC (The Carlyle Group), Open Text Corporation (Micro Focus International PLC), Commvault Systems, Inc., and Thales Group S.A.
Data protection is now more critical than ever because of the development of cloud computing and software-defined data centers with virtualized infrastructure components offered as a service. Data security as a service (DSaaS)has been introduced due to cloud service providers' growing demand for data protection.
Most company programs and data were housed on internal servers until a few years ago. Although this placed all of the responsibility for security on the operation, at least it was apparent what needed to be guarded and how to achieve it. Local and well-known infrastructure was in place. The usage ofSoftware as a Service (SaaS) products changedeverything.
All professionals should be using strong passwords and two-factor authentication by this time. However, occasionally it still needs a little more push to ensure they follow the guidelines. Email & Office Security protects customer identities and other confidential information while securing staff accounts from hackers. Customers take data breaches seriously, but Email & Office Security prevents hackers at the door, so the company needn't worry.
The UK has more high-growth businesses than its European counterparts, having founded 144 unicorns, 237 future corns, and over 85,000 startups and scale-ups. With 95,808 IT firms (software and hardware, as of 2019), Germany has one of the largest ICT marketplaces in the world and the only largest software industry in Europe. The industry consists of significant shareholders like Microsoft, Apple, Dell, Adobe, IBM, Oracle, and SAP. There are also a lot of SMEs in the industry that are highly specialized. From 2007, the total revenue earned by the IT sector has increased, going from USD 76.4 billion to an expected USD 114.3 billion in 2021. The region's strong IT industry will increase demand for solutions based on data security, which is anticipated to boost market expansion.
The Germany market dominated the Europe Data Security as a Service Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,150.1 million by 2028. The UK market is anticipated to grow at a CAGR of 11.4% during (2022-2028). Additionally, The France market would exhibit a CAGR of 13.1% during (2022-2028).
Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Type, the market is segmented into Data Encryption & Masking as a Service, Data Backup & Recovery as a Service, Data Discovery & Classification as a Service, Data Access Control as a Service, Data Governance & Compliance as a Service and Data Auditing & Monitoring as a Service. Based on Vertical, the market is segmented into BFSI, IT & ITes, Retail & eCommerce, Healthcare & Life Sciences, Telecommunications, Manufacturing, Media & Entertainment, Energy & Utilities and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Cisco Systems, Inc., Amazon Web Services, Inc. (Amazon.com, Inc.), Microsoft Corporation, Hewlett Packard Enterprise Company (HP Development Company L.P.), Cognizant Technology Solutions Corporation, Veritas Technologies LLC (The Carlyle Group), Open Text Corporation (Micro Focus International PLC), Commvault Systems, Inc., and Thales Group S.A.
Scope of the Study
By Organization Size
- Large Enterprises
- SMEs
By Type
- Data Encryption & Masking as a Service
- Data Backup & Recovery as a Service
- Data Discovery & Classification as a Service
- Data Access Control as a Service
- Data Governance & Compliance as a Service
- Data Auditing & Monitoring as a Service
By Vertical
- BFSI
- IT & ITes
- Retail & eCommerce
- Healthcare & Life Sciences
- Telecommunications
- Manufacturing
- Media & Entertainment
- Energy & Utilities
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Cisco Systems, Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Hewlett Packard Enterprise Company (HP Development Company L.P.)
- Cognizant Technology Solutions Corporation
- Veritas Technologies LLC (The Carlyle Group)
- Open Text Corporation (Micro Focus International PLC)
- Commvault Systems, Inc.
- Thales Group S.A.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Data Security as a Service Market, by Organization Size
1.4.2 Europe Data Security as a Service Market, by Type
1.4.3 Europe Data Security as a Service Market, by Vertical
1.4.4 Europe Data Security as a Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Analyst's Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographic Expansion
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisition and Mergers: 2018, Oct - 2023, Jan) Leading Players
Chapter 4. Europe Data Security as a Service Market by Organization Size
4.1 Europe Large Enterprises Market by Country
4.2 Europe SMEs Market by Country
Chapter 5. Europe Data Security as a Service Market by Type
5.1 Europe Data Encryption & Masking as a Service Market by Country
5.2 Europe Data Backup & Recovery as a Service Market by Country
5.3 Europe Data Discovery & Classification as a Service Market by Country
5.4 Europe Data Access Control as a Service Market by Country
5.5 Europe Data Governance & Compliance as a Service Market by Country
5.6 Europe Data Auditing & Monitoring as a Service Market by Country
Chapter 6. Europe Data Security as a Service Market by Vertical
6.1 Europe BFSI Market by Country
6.2 Europe IT & ITes Market by Country
6.3 Europe Retail & eCommerce Market by Country
6.4 Europe Healthcare & Life Sciences Market by Country
6.5 Europe Telecommunications Market by Country
6.6 Europe Manufacturing Market by Country
6.7 Europe Media & Entertainment Market by Country
6.8 Europe Energy & Utilities Market by Country
6.9 Europe Others Market by Country
Chapter 7. Europe Data Security as a Service Market by Country
7.1 Germany Data Security as a Service Market
7.1.1 Germany Data Security as a Service Market by Organization Size
7.1.2 Germany Data Security as a Service Market by Type
7.1.3 Germany Data Security as a Service Market by Vertical
7.2 UK Data Security as a Service Market
7.2.1 UK Data Security as a Service Market by Organization Size
7.2.2 UK Data Security as a Service Market by Type
7.2.3 UK Data Security as a Service Market by Vertical
7.3 France Data Security as a Service Market
7.3.1 France Data Security as a Service Market by Organization Size
7.3.2 France Data Security as a Service Market by Type
7.3.3 France Data Security as a Service Market by Vertical
7.4 Russia Data Security as a Service Market
7.4.1 Russia Data Security as a Service Market by Organization Size
7.4.2 Russia Data Security as a Service Market by Type
7.4.3 Russia Data Security as a Service Market by Vertical
7.5 Spain Data Security as a Service Market
7.5.1 Spain Data Security as a Service Market by Organization Size
7.5.2 Spain Data Security as a Service Market by Type
7.5.3 Spain Data Security as a Service Market by Vertical
7.6 Italy Data Security as a Service Market
7.6.1 Italy Data Security as a Service Market by Organization Size
7.6.2 Italy Data Security as a Service Market by Type
7.6.3 Italy Data Security as a Service Market by Vertical
7.7 Rest of Europe Data Security as a Service Market
7.7.1 Rest of Europe Data Security as a Service Market by Organization Size
7.7.2 Rest of Europe Data Security as a Service Market by Type
7.7.3 Rest of Europe Data Security as a Service Market by Vertical
Chapter 8. Company Profiles
8.1 IBM Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Cisco Systems, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Amazon Web Services, Inc. (Amazon.com, Inc.)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 Recent strategies and developments:
8.3.4.1 Partnerships, Collaborations, and Agreements:
8.3.4.2 Geographical Expansions:
8.3.5 SWOT Analysis
8.4 Microsoft Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Hewlett Packard Enterprise Company (HP Development Company L.P.)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Acquisition and Mergers:
8.5.6 SWOT Analysis
8.6 Cognizant Technology Solutions Corporation
8.6.1 Company overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Recent strategies and developments:
8.6.4.1 Partnerships, Collaborations, and Agreements:
8.6.4.2 Acquisition and Mergers:
8.6.5 SWOT Analysis
8.7 Veritas Technologies LLC (The Carlyle Group)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.7.4.2 Product Launches and Product Expansions:
8.7.4.3 Acquisition and Mergers:
8.8 Open Text Corporation (Micro Focus International PLC)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Acquisition and Mergers:
8.9 Commvault Systems, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.10. Thales Group S.A.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research and Development Expense
Companies Mentioned
- IBM Corporation
- Cisco Systems, Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Hewlett Packard Enterprise Company (HP Development Company L.P.)
- Cognizant Technology Solutions Corporation
- Veritas Technologies LLC (The Carlyle Group)
- Open Text Corporation (Micro Focus International PLC)
- Commvault Systems, Inc.
- Thales Group S.A.
Methodology
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