The Europe Data Resiliency Market is expected to witness market growth of 14.7% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Data Resiliency Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $4.12 billion by 2031. The UK market is exhibiting a CAGR of 13.7% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 15.7% during 2024-2031.
The exponential development in data generation across industries like BFSI, healthcare, IT, and retail has created an urgent need for robust data protection and recovery solutions. In BFSI, financial institutions manage vast transactional and compliance data, making real-time backups and disaster recovery essential to avoid financial losses and regulatory penalties.
Other industries also face unique challenges due to increasing data volumes. Retailers, for instance, depend on customer and inventory data from e-commerce platforms and loyalty programs to optimize operations and enhance customer experiences. Companies like Amazon handle terabytes of transactional data daily, making seamless recovery solutions essential for uninterrupted service.
Europe’s well-established IT infrastructure and the growing digital transformation initiatives across various sectors have fueled the adoption of these resiliency solutions. The region is also witnessing a surge in ransomware attacks and other cyber threats, prompting businesses to invest in comprehensive resiliency frameworks to safeguard their operations. Countries like Germany, the United Kingdom, and France are at the forefront of this adoption, strongly emphasizing cloud-based and hybrid solutions.
The increasing frequency of cyber threats, digital transformation initiatives, and strict data privacy regulations have established Europe as a significant market for these resiliency solutions. In Germany, where manufacturing contributed approximately 23.4% of GDP in 2021, per the Federal Statistical Office (Destatis), the growing digitization of industrial processes and automation technologies drives demand for advanced strategies. In Nordic countries and Eastern Europe, utility and energy companies focus on advanced data resiliency measures to address growing cyber threats. In Finland, energy providers have implemented AI-powered predictive analytics systems to identify anomalies and potential security risks in real-time, allowing proactive mitigation of vulnerabilities. Similarly, automated backup systems safeguard critical infrastructure in Poland by ensuring continuity even during cyberattacks or system outages. These advanced technologies strengthen the resilience of energy supply chains, ensuring consistent delivery to consumers and enhancing operational security. Thus, as digitalization expands across Europe, the demand for these resiliency solutions is expected to grow steadily, further solidifying the region’s position as a key player in the market.
The Germany market dominated the Europe Data Resiliency Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $4.12 billion by 2031. The UK market is exhibiting a CAGR of 13.7% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 15.7% during 2024-2031.
The exponential development in data generation across industries like BFSI, healthcare, IT, and retail has created an urgent need for robust data protection and recovery solutions. In BFSI, financial institutions manage vast transactional and compliance data, making real-time backups and disaster recovery essential to avoid financial losses and regulatory penalties.
Other industries also face unique challenges due to increasing data volumes. Retailers, for instance, depend on customer and inventory data from e-commerce platforms and loyalty programs to optimize operations and enhance customer experiences. Companies like Amazon handle terabytes of transactional data daily, making seamless recovery solutions essential for uninterrupted service.
Europe’s well-established IT infrastructure and the growing digital transformation initiatives across various sectors have fueled the adoption of these resiliency solutions. The region is also witnessing a surge in ransomware attacks and other cyber threats, prompting businesses to invest in comprehensive resiliency frameworks to safeguard their operations. Countries like Germany, the United Kingdom, and France are at the forefront of this adoption, strongly emphasizing cloud-based and hybrid solutions.
The increasing frequency of cyber threats, digital transformation initiatives, and strict data privacy regulations have established Europe as a significant market for these resiliency solutions. In Germany, where manufacturing contributed approximately 23.4% of GDP in 2021, per the Federal Statistical Office (Destatis), the growing digitization of industrial processes and automation technologies drives demand for advanced strategies. In Nordic countries and Eastern Europe, utility and energy companies focus on advanced data resiliency measures to address growing cyber threats. In Finland, energy providers have implemented AI-powered predictive analytics systems to identify anomalies and potential security risks in real-time, allowing proactive mitigation of vulnerabilities. Similarly, automated backup systems safeguard critical infrastructure in Poland by ensuring continuity even during cyberattacks or system outages. These advanced technologies strengthen the resilience of energy supply chains, ensuring consistent delivery to consumers and enhancing operational security. Thus, as digitalization expands across Europe, the demand for these resiliency solutions is expected to grow steadily, further solidifying the region’s position as a key player in the market.
List of Key Companies Profiled
- IBM Corporation
- Accenture PLC
- Infosys Limited
- Tata Consultancy Services Ltd.
- Wipro Limited
- Capgemini SE
- Cognizant Technology Solutions Corporation
- Cisco Systems, Inc.
- HCL Technologies Ltd.
- Microsoft Corporation
Market Report Segmentation
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By End-use
- BFSI
- Government
- Energy & Utilities
- Healthcare
- Manufacturing
- Retail
- Telecom & IT
- Media & Entertainment
- Other End-use
By Deployment
- Cloud
- On-Premises
By Type
- Solution
- Data Backup & Recovery
- Data Archiving & E-Discovery
- Disaster Recovery
- Services
- Professional Service
- Managed Service
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Data Resiliency Market by Organization Size
Chapter 6. Europe Data Resiliency Market by End-use
Chapter 7. Europe Data Resiliency Market by Deployment
Chapter 8. Europe Data Resiliency Market by Type
Chapter 9. Europe Data Resiliency Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- IBM Corporation
- Accenture PLC
- Infosys Limited
- Tata Consultancy Services Ltd.
- Wipro Limited
- Capgemini SE
- Cognizant Technology Solutions Corporation
- Cisco Systems, Inc.
- HCL Technologies Ltd.
- Microsoft Corporation
Methodology
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