The Europe Data Backup and Recovery Market is expected to witness market growth of 9.6% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Data Backup and Recovery Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.57 billion by 2031. The UK market is exhibiting a CAGR of 8.7% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 10.5% during 2024-2031.
One of the primary drivers of this market is the increasing volume of data enterprises generate. In the present day, businesses generate an immense volume of structured and unstructured data from a variety of sources, such as financial transactions, consumer interactions, IoT devices, artificial intelligence applications, and real-time analytics.
Government regulations and compliance requirements have also played a crucial role in shaping this market. Industries such as healthcare, finance, and government agencies must adhere to strict data protection laws such as GDPR (General Data Protection Regulation), HIPAA (Health Insurance Portability and Accountability Act), and CCPA (California Consumer Privacy Act).
With businesses relying more on cloud computing, AI, and IoT, the need for scalable and automated backup solutions has become critical. The implementation of strict data protection laws, such as the General Data Protection Regulation (GDPR), has made secure data storage and recovery solutions a necessity across industries. The UK’s media and entertainment sector is undergoing a massive digital shift, generating vast amounts of high-resolution video content, digital streaming data, and user-generated content that require secure storage and backup solutions. The rise of streaming services like BBC iPlayer, Netflix UK, and Amazon Prime Video has led to an explosion of media files that must be protected against data loss, corruption, or cyber threats. In addition, sports broadcasting and gaming companies are adopting cloud-based disaster recovery solutions to ensure the real-time backup of live events and gaming data. Thus, Europe’s strong regulatory landscape, technological advancements, and rising cyber risks will drive sustained growth in the data backup and recovery market for years.
The Germany market dominated the Europe Data Backup and Recovery Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.57 billion by 2031. The UK market is exhibiting a CAGR of 8.7% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 10.5% during 2024-2031.
One of the primary drivers of this market is the increasing volume of data enterprises generate. In the present day, businesses generate an immense volume of structured and unstructured data from a variety of sources, such as financial transactions, consumer interactions, IoT devices, artificial intelligence applications, and real-time analytics.
Government regulations and compliance requirements have also played a crucial role in shaping this market. Industries such as healthcare, finance, and government agencies must adhere to strict data protection laws such as GDPR (General Data Protection Regulation), HIPAA (Health Insurance Portability and Accountability Act), and CCPA (California Consumer Privacy Act).
With businesses relying more on cloud computing, AI, and IoT, the need for scalable and automated backup solutions has become critical. The implementation of strict data protection laws, such as the General Data Protection Regulation (GDPR), has made secure data storage and recovery solutions a necessity across industries. The UK’s media and entertainment sector is undergoing a massive digital shift, generating vast amounts of high-resolution video content, digital streaming data, and user-generated content that require secure storage and backup solutions. The rise of streaming services like BBC iPlayer, Netflix UK, and Amazon Prime Video has led to an explosion of media files that must be protected against data loss, corruption, or cyber threats. In addition, sports broadcasting and gaming companies are adopting cloud-based disaster recovery solutions to ensure the real-time backup of live events and gaming data. Thus, Europe’s strong regulatory landscape, technological advancements, and rising cyber risks will drive sustained growth in the data backup and recovery market for years.
List of Key Companies Profiled
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- Hewlett Packard Enterprise Company
- Broadcom, Inc.
- Dell Technologies, Inc.
- Commvault Systems, Inc.
- NetApp, Inc.
- Veritas Technologies LLC (The Carlyle Group)
- Barracuda Networks, Inc. (KKR & Co. Inc.)
Market Report Segmentation
By Type
- Software
- Data Replication
- Data Reduction
- Data Retention
- Services
- Professional
- Managed Services
By Application
- Media Storage Backup
- Application Backup
- Email Backup
By Organization Type
- Small & Medium Sized
- Large
By Deployment
- On-Premises
- Cloud
By Vertical
- BFSI
- Government
- Manufacturing
- Healthcare
- Media & Entertainment
- Retail
- Telecom & IT
- Education
- Others
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 Backup and Recovery Market by Type
Chapter 6. Europe Data Backup and Recovery Market by Application
Chapter 7. Europe Data Backup and Recovery Market by Organization Type
Chapter 8. Europe Data Backup and Recovery Market by Deployment
Chapter 9. Europe Data Backup and Recovery Market by Vertical
Chapter 10. Europe Data Backup and Recovery Market by Country
Chapter 11. Company Profiles
Companies Mentioned
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- Hewlett Packard Enterprise Company
- Broadcom, Inc.
- Dell Technologies, Inc.
- Commvault Systems, Inc.
- NetApp, Inc.
- Veritas Technologies LLC (The Carlyle Group)
- Barracuda Networks, Inc. (KKR & Co. Inc.)
Methodology
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