Europe Disaster Recovery As A Service Market Forecast 2022-2030

Europe Disaster Recovery As A Service Market Forecast 2022-2030

KEY FINDINGS

The Europe Disaster Recovery as a Service market is set to register a CAGR of 23.07% during the forecast period, 2022-2030. Large businesses are making significant investments that propel cloud migration. Also, the SMEs in the region are migrating their core businesses to the cloud as it offers benefits like the availability of on-demand computing resources, reduced costs, and remote computing. However, skill gaps, compliance, cost control & security, etc., hinder growth in Europe.

MARKET INSIGHTS

Spain, France, Italy, the United Kingdom, Germany, Belgium, Poland, and Rest of Europe are analyzed for the Europe Disaster Recovery as a Service market growth assessment. In Germany, companies have a vast range of expertise in utilizing and embracing cloud services. Also, there has been increased use of cloud computing in Germany. In addition, companies like Profitbricks, Exoscale, Oracle, Deutsche Telekom, Alibaba, and IBM have a significant presence in the country. According to the Information Systems Audit and Control Association (ISACA) and PricewaterhouseCoopers (PwC) and the Professional Association, around 69% of domestic firms deploy cloud computing.

Furthermore, the country has the single largest software market in Europe and one of the largest ICT markets globally, as per the International Trade Administration. Also, ICT is an important sector for the German government. Additionally, the government prioritizes digital environments in protection, security, culture & media, science, research, education, and society, and innovative public administration, digital workplaces, digital economy, and digital infrastructure.

In Spain, the government adopted a Digital Strategy 2025 to encourage digitization through incorporating artificial intelligence technologies, raising connectivity, digitalizing public agencies, and encouraging digitization through enhanced cybersecurity. Also, the government plans to modernize the Spanish economy. Such aspects contribute to market growth in these countries.

COMPETITIVE INSIGHTS

Some of the leading market players are Microsoft Corporation, Recovery Point Systems Inc, NTT Data Corporation, SAP SE, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments