Europe Data Protection as a Service Market Size, Share & Trends Analysis Report By Service, By Deployment, By Enterprise Size, By End-use, By Country and Growth Forecast, 2024 - 2031
Europe Data Protection as a Service Market Size, Share & Trends Analysis Report By Service, By Deployment, By Enterprise Size, By End-use, By Country and Growth Forecast, 2024 - 2031
The Europe Data Protection as a Service Market would witness market growth of 25.2% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Data Protection as a Service Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $8,952 million by 2031. UK market is exhibiting a CAGR of 24.1% during (2024 - 2031). Additionally, The France market would experience a CAGR of 26.2% during (2024 - 2031).
DPaaS offers businesses a cost-effective and simplified approach to securing their data by eliminating the need for expensive on-premises infrastructure. Its cloud-based model significantly reduces capital expenditure (CapEx) and replaces it with predictable subscription-based operational costs (OpEx).
Additionally, small and medium-sized businesses (SMEs) find DPaaS particularly appealing due to its pricing structure, which enables them to access enterprise-grade data security solutions without having to shoulder the costs of maintaining and updating intricate IT systems. Organizations can avoid costly hardware investments by outsourcing data protection to service providers and focusing on their core operations.
The European Data Protection as a Service market is experiencing steady growth, driven by the increasing digitalization of industries and a rising emphasis on data security and privacy. The General Data Protection Regulation (GDPR) has played a critical role in shaping how European businesses handle data, ensuring that data protection services remain in high demand. Government initiatives to foster digital transformation and strengthen cybersecurity further enhance the region’s potential for market growth.
Based on Service, the market is segmented into Disaster Recovery as a Service (DRaaS), Backup as a Service (BaaS), and Storage as a Service (STaaS). Based on Deployment, the market is segmented into Public Cloud, Private Cloud, and Hybrid Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small and Medium-sized Enterprises (SMEs). Based on End-use, the market is segmented into Banking, Financial Services, & Insurance, Healthcare, IT & Telecom, Retail, Education, Manufacturing, and other End-use. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
IBM Corporation
Microsoft Corporation
Cisco Systems, Inc.
Oracle Corporation
Palo Alto Networks, Inc.
CrowdStrike Holdings, Inc.
McAfee Corp.
Trend Micro, Inc.
Fortinet, Inc.
Check Point Software Technologies Ltd.
Europe Data Protection as a Service Market Report Segmentation
By Service
Disaster Recovery as a Service (DRaaS)
Backup as a Service (BaaS)
Storage as a Service (STaaS)
By Deployment
Public Cloud
Private Cloud
Hybrid Cloud
By Enterprise Size
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
By End-use
Banking, Financial Services, & Insurance
Healthcare
IT & Telecom
Retail
Education
Manufacturing
other End-use
By Country
Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Data Protection as a Service Market, by Service
1.4.2 Europe Data Protection as a Service Market, by Deployment
1.4.3 Europe Data Protection as a Service Market, by Enterprise Size
1.4.4 Europe Data Protection as a Service Market, by End-use
1.4.5 Europe Data Protection as a Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansion
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2017, Jun – 2021, Jun) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Europe Data Protection as a Service Market by Service
5.1 Europe Disaster Recovery as a Service (DRaaS) Market by Country
5.2 Europe Backup as a Service (BaaS) Market by Country
5.3 Europe Storage as a Service (STaaS) Market by Country
Chapter 6. Europe Data Protection as a Service Market by Deployment
6.1 Europe Public Cloud Market by Country
6.2 Europe Private Cloud Market by Country
6.3 Europe Hybrid Cloud Market by Country
Chapter 7. Europe Data Protection as a Service Market by Enterprise Size
7.1 Europe Large Enterprises Market by Country
7.2 Europe Small and Medium-sized Enterprises (SMEs) Market by Country
Chapter 8. Europe Data Protection as a Service Market by End-use
8.1 Europe Banking, Financial Services, & Insurance Market by Country
8.2 Europe Healthcare Market by Country
8.3 Europe IT & Telecom Market by Country
8.4 Europe Retail Market by Country
8.5 Europe Education Market by Country
8.6 Europe Manufacturing Market by Country
8.7 Europe other End-use Market by Country
Chapter 9. Europe Data Protection as a Service Market by Country
9.1 Germany Data Protection as a Service Market
9.1.1 Germany Data Protection as a Service Market by Service
9.1.2 Germany Data Protection as a Service Market by Deployment
9.1.3 Germany Data Protection as a Service Market by Enterprise Size
9.1.4 Germany Data Protection as a Service Market by End-use
9.2 UK Data Protection as a Service Market
9.2.1 UK Data Protection as a Service Market by Service
9.2.2 UK Data Protection as a Service Market by Deployment
9.2.3 UK Data Protection as a Service Market by Enterprise Size
9.2.4 UK Data Protection as a Service Market by End-use
9.3 France Data Protection as a Service Market
9.3.1 France Data Protection as a Service Market by Service
9.3.2 France Data Protection as a Service Market by Deployment
9.3.3 France Data Protection as a Service Market by Enterprise Size
9.3.4 France Data Protection as a Service Market by End-use
9.4 Russia Data Protection as a Service Market
9.4.1 Russia Data Protection as a Service Market by Service
9.4.2 Russia Data Protection as a Service Market by Deployment
9.4.3 Russia Data Protection as a Service Market by Enterprise Size
9.4.4 Russia Data Protection as a Service Market by End-use
9.5 Spain Data Protection as a Service Market
9.5.1 Spain Data Protection as a Service Market by Service
9.5.2 Spain Data Protection as a Service Market by Deployment
9.5.3 Spain Data Protection as a Service Market by Enterprise Size
9.5.4 Spain Data Protection as a Service Market by End-use
9.6 Italy Data Protection as a Service Market
9.6.1 Italy Data Protection as a Service Market by Service
9.6.2 Italy Data Protection as a Service Market by Deployment
9.6.3 Italy Data Protection as a Service Market by Enterprise Size
9.6.4 Italy Data Protection as a Service Market by End-use
9.7 Rest of Europe Data Protection as a Service Market
9.7.1 Rest of Europe Data Protection as a Service Market by Service
9.7.2 Rest of Europe Data Protection as a Service Market by Deployment
9.7.3 Rest of Europe Data Protection as a Service Market by Enterprise Size
9.7.4 Rest of Europe Data Protection as a Service Market by End-use
Chapter 10. Company Profiles
10.1 IBM Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional & Segmental Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements: